International Game Technology PLC on Monday said it has expanded its sports betting market opportunities in Puerto Rico.
IGT said it signed a multi-year PlaySports technology and services agreement with The Stadium LLC. The Stadium LLC owns and operates WinIn, a Puerto-Rico based entertainment company that has partnerships with leading eSports companies and the top baseball league in the region, Liga de Béisbol Profesional Roberto Clemente.
The parties said WinIn plans to expand into the recently regulated sports betting market in Puerto Rico.
Per the agreement, financial terms of which were not disclosed, IGT PlaySports technology and trading advisory services will power all of WinIn's future online and retail sportsbooks in Puerto Rico.
“As the sports betting market in Puerto Rico takes shape, WinIn is well-positioned to deliver online and retail sports betting thanks to our technology and services partnership with IGT,” Grace Santana, WinIn chief operating officer, said in a statement. “IGT’s PlaySports platform continues to prove its capacity to scale with new market opportunities and give players a seamless omnichannel experience that they can trust.”
Joe Asher, IGT president of Sport Betting, added: “IGT PlaySports is highly experienced at helping operators such as WinIn successfully establish competitive sportsbooks in newly regulated jurisdictions. The prospect of adding Puerto Rico as a territory with PlaySports-powered sportsbooks is another exciting step in our effort to further expand our footprint across North America.”
IGT delivers gaming experiences for players across all channels and regulated segments, from gaming machines and lotteries to sports betting and digital. The company has a well-established local presence and relationships with governments and regulators in more than 100 countries around the world. IGT has approximately 11,000 employees.
