REG - Playtech PLC - Playtech partners with MGM Resorts International

PlaytechAnnouncement

20/06/2024 12:00

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RNS Number : 2259T  Playtech PLC  20 June 2024

Playtech plc

('Playtech' or the 'Company')

Playtech partners with MGM Resorts International for Live Casino

Playtech (LSE: PTEC), the leading platform, content and services provider in
the online gambling industry, is pleased to announce a new strategic
partnership with MGM Resorts International ("MGM Resorts") to produce
proprietary, live casino content directly from the gaming floor at two of
their resorts on the Las Vegas Strip.

Playtech, as the technology partner of MGM Resorts, will be providing players
with on-demand, online access to immersive entertainment experiences directly
from Bellagio and MGM Grand. Live casino content, branded as "MGM Live", will
be licensed to operators for end-user play in regulated markets throughout the
world outside the United States. Both brands look forward to working with
operators to support and promote a safe gambling experience.

The initial live casino offering will include single and double-zero roulette
and baccarat games streamed live from the casino floors at both MGM Grand and
Bellagio Resort & Casino in Las Vegas, and allow online players to
simultaneously participate in the same game as players at the physical game
table on the casino floor.

Future phases of the partnership will expand our offering to include access to
several proprietary Playtech games as well as exclusive branded TV game shows,
celebrity-hosted trivia shows, and immersive entertainment experiences.

Mor Weizer, Chief Executive Officer at Playtech, said:

"This partnership combines the strength of MGM Resorts' global prestige with
Playtech's extensive international market knowledge and innovative games. As a
leading technology provider in regulated markets, we're delighted to
collaborate with MGM Resorts to develop the MGM Live brand, offering an
innovative live dealer experience. Together we are pioneering a new live
entertainment category and product offering for players in regulated
territories around the world."

Bill Hornbuckle, Chief Executive Officer & President of MGM Resorts, said:

"This agreement with Playtech represents an important step toward fulfilling
MGM Resorts' vision of delivering our unparalleled entertainment, sports and
gaming experiences to people the world over. We believe the content, celebrity
talent and sophisticated gaming experience we offer will be unmatched in the
industry."

 

- ENDS -

 

For further information please contact:

 Playtech plc                                +44 (0) 20 3805 4822
 Sandeep Gandhi, Head of Investor Relations
 Headland (PR adviser to Playtech)           +44 (0) 20 3805 4822

 Lucy Legh, Jack Gault

 

 

 

 

About Playtech

Founded in 1999 and premium listed on the Main Market of the London Stock
Exchange, Playtech is a technology leader in the gambling industry with over
7,700 employees across 19 countries.

 

Playtech is the gambling industry's leading technology company delivering
business intelligence driven gambling software, services, content and platform
technology across the industry's most popular product verticals, including,
casino, live casino, sports betting, virtual sports, bingo and poker. It is
the pioneer of omni-channel gambling technology through its integrated
platform technology, Playtech ONE. Playtech ONE delivers data driven marketing
expertise, single wallet functionality, CRM and responsible gambling solutions
across one single platform across product verticals and across retail and
online.

 

Playtech partners with and invests in the leading brands in regulated and
newly regulated markets to deliver its data driven gambling technology across
the retail and online value chain. Playtech provides its technology on a B2B
basis to the industry's leading retail and online operators, land-based casino
groups and government sponsored entities such as lotteries. Playtech directly
owns and operates Snaitech, the leading sports betting and gaming company in
online and retail in Italy.

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