Prominent gaming machine and systems innovator International Game Technology (IGT) has announced it has been selected in partnership with the American subsidiary of British bookmaking giant William Hill to offer the Rhode Island Lottery with an end-to-end sportsbetting support.
Five-year deal:
The pair utilized an official Friday press launch to publicize the five-year arrangement while detailing they now plan to begin offering sportsbetting in the tiny oriental state’s Twin River Casino and soon-to-open Tiverton Casino Hotel by the middle of November.
Agreement can be lengthy:
Rome-headquartered IGT explained the arrangement, which may be extended by mutual consent for up to two successive five-year terms, would be to find that the forthcoming Rhode Island sportsbetting service utilize its platform with William Hill supplying operational and risk management solutions.
Certainly one of six countries to have legalized sportsbetting:
Rhode Island is one of six countries to have legalized sportsbetting in the wake of May’s conclusion in the United States Supreme Court to invalidate the Skilled and Amateur Sports Protection Act (PASPA). Of these, only Delaware, New Jersey and Mississippi currently provide sportsbooks with West Virginia and Pennsylvania continuing the process of formulating suitable regulations.
Solution to ‘maximize sportsbetting revenues’:
Renato Ascoli, North America Chief Executive Officer for IGT, declared that the deal ‘distinctively positions’ his company and William Hill to supply the Rhode Island Lottery with ‘a comprehensive and market-ready alternative ’ which will be designed to ‘maximize sportsbetting revenues and returns to good causes.
Ascoli’s announcement read…
“We’re happy that Rhode Island is your first lottery to prepare sportsbetting surgeries post-PASPA. IGT is a leading and recognized supplier of sportsbetting technology in the United States.
For his role Joe Asher, Chief Executive Officer for William Hill US, described IGT as ‘a world-class gambling technology firm ’ before proclaiming he ‘could not be more happy’ at partnering with the company to supply Rhode Island with ‘a world-class sportsbetting solution.
NCAA coming to terms with legalized sportsbetting
