Playtech has signed a new long-term agreement with GVC to provide its services and products to all of the group’s brands in existing and new markets.
Representing a significant extension in scope and duration to the current arrangements with the group.
For the first time, many of GVC’s brands will now have access to Playtech’s proven suite of content and products. Playtech and GVC have also agreed to work together to integrate Playtech’s products and services onto the GVC platform in order that they can be made available to the MGM-GVC joint venture in the US, Roar Digital.
In addition, this partnership will see an extension of the agreement for Playtech BGT Sports to supply Ladbrokes Coral with the software for its suite of self-service betting terminals throughout Great Britain, the Republic of Ireland, and Belgium.
Playtech’s expectations for adjusted EBITDA in 2019, announced on February 21, remain unchanged.
Playtech, CEO Mor Weizer said: “We are pleased to have reached a new agreement with GVC, which expands on the successful partnership we have established with Ladbrokes Coral over the last six years. This is testament to the strength of the Playtech proposition and we look forward to supporting GVC over the coming years.”
GVC CEO Kenneth Alexander said: “We are delighted that we have been able to agree a long-term relationship with Playtech. Even more of our customers will now be able to enjoy content from one of the world’s leading suppliers of high-quality gaming product. At the same time the added flexibility around migration of technology platforms enables us to accelerate the integration of Ladbrokes Coral.”
