FanDuel and IGT Form a Multiyear iGaming Partnership for US Market

International Game Technology (IGT) has announced in their official press release that a partnership was formed that will elevate the company’s growth in the US’ online gaming and sports betting market.

The multiyear agreement was signed with leading sports betting and iGaming provider FanDuel. The terms of agreement are such that IGT’s PlaySports platform will power all FanDuel Group’s new and existing retail sportsbook in the US until September 2024.

The Details of the Deal

Moreover…

…FanDuel will offer IGT PlayDigital’s PlayCasino games in jurisdictions where online casinos by FanDuel Group are legible.

IGT and FanDuel Group’s successful technology partnership thus far has been amplified by this agreement and will expand from the current 9 US states where these two have collaborated. This partnership includes the FanDuel Sportsbook at Meadowlands Racing and Entertainment in East Rutherford in New Jersey.

With this partnership, the distribution of IGT PlayDigital’s PlayCasino games will also expand, which spans slots, roulette, blackjack and other types of games.

Wheel of Fortune Triple Extreme Spin, Triple Red Hot 7s Free Games and Red Hot Tamales are just some of the IGT games that FanDuel is leveraging at the moment. They are all available within mobile and online casinos in Pennsylvania and New Jersey.

The Initial Remarks

Comments FanDuel Group’s CEO, Matt King:

"IGT's PlaySports platform has been integral to FanDuel Sportsbook's expansion in the U.S., as we currently leverage it to power America's #1 Sportsbook.

IGT is the strategic partner that we will lean on to help us expand our retail footprint across the U.S. IGT's PlaySports platform enables us to create an intuitive, technologically driven customer experience at our world-class retail sportsbooks for our customers, while its PlayCasino content enables FanDuel to deliver premium mobile casino entertainment in new and existing markets."

IGT PlayDigital Senior Vice President, Enrico Drago, also said that "IGT's multi-faceted, multi-year PlaySports platform technology and iGaming content agreement with FanDuel Group pairs the leading content and B2B sports betting provider with one of America's most respected sports betting operators to propel an already winning partnership to new levels and create an abundance of opportunity for both parties.”

He also remarked that the two companies are positioned for continued success in the US and are committed for fueling FanDuel Sportsbook’s sustained growth through proven, market-ready platform, player-preferred game content and self-service betting.

Source:

“IGT and FanDuel Group Strike Multi-Year Sports Betting and iGaming Agreement for Entire U.S. Market”, igt.com, August 3, 2020.