IGT Achieves Significant Milestone in the United States Market
International Game Technology (IGT), a leading gaming technology company, has achieved a significant milestone in the United States market. The company has secured a contract to provide its PlaySports platform to Penn National Gaming, one of the largest gaming companies in the country. This deal is a major win for IGT, as it solidifies its position as a leader in the sports betting industry.
The PlaySports platform is a state-of-the-art sports betting solution that enables operators to offer their customers an immersive and engaging sports betting experience. It includes a range of features such as in-play betting, cash-out options, and live streaming of sporting events. The platform is also highly customizable, allowing operators to tailor it to their specific needs and preferences.
Penn National Gaming is a major player in the US gaming industry, with 41 properties across 19 states. The company has been expanding its sports betting offerings in recent years, and the addition of the PlaySports platform will further enhance its capabilities in this area. The platform will be deployed across all of Penn National Gaming’s properties, including its online sports betting app.
The deal with Penn National Gaming is just one of many recent successes for IGT in the US market. The company has been steadily expanding its presence in the country, with a particular focus on sports betting. In addition to the PlaySports platform, IGT also offers a range of other sports betting solutions, including its PlayShot platform and its sports betting kiosks.
The growth of sports betting in the US has been rapid in recent years, following the Supreme Court’s decision to strike down a federal ban on the practice in 2018. Since then, a number of states have legalized sports betting, and many more are expected to follow suit in the coming years. This presents a huge opportunity for companies like IGT, which are well-positioned to capitalize on this growing market.
Overall, IGT’s success in securing the contract with Penn National Gaming is a major milestone for the company. It demonstrates the strength of its sports betting offerings and its ability to compete in the highly competitive US market. With the continued growth of sports betting in the country, IGT is well-positioned to continue its success and further expand its presence in the industry.