The expansion to the new venue represents a continuation of the successful partnership between IGT and William Hill to provide sports betting to the Rhode Island Lottery. IGT provides PlayShot™, an end-to-end sports betting platform with touchpoints through which bets are placed and settled. William Hill provides odds making services and risk management. IGT and William Hill also provide sports betting at Tiverton Casino Hotel, which began accepting bets on December 3. Twin River Casino Hotel started accepting bets from a temporary space on November 26 prior to the opening of the Sportsbook Bar & Grill.
"The seamless experiences our technology provides to players and operators alike is a tremendous source of pride, and I believe it’s a critical factor in why multiple operators have partnered with us to launch sportsbooks this year,” said Enrico Drago, Senior Vice President of IGT PlayDigital. “In 2018 alone, PlayShot has processed more than $1 billion through multiple locations in five U.S. states. We look forward to further promoting the advantages of this innovative digital platform as sports betting continues its expansion across the country."
"We are excited to partner with the Rhode Island Lottery and IGT to bring a world-class sports betting product to Twin River Casino," said Joe Asher, CEO of William Hill US. "The lines have been out the door in the temporary facility, so we are glad the permanent sports book is now ready. William Hill is proud to be the only sports book to operate or provide services in all seven states that have authorized sports betting, with Rhode Island joining Nevada, Delaware, New Jersey, Mississippi, West Virginia, and Pennsylvania."
In August, the Rhode Island Lottery selected IGT and William Hill to be the sports betting service provider at the state’s licensed video lottery and table gaming establishments.
In September, IGT and William Hill announced a multi-year agreement to offer U.S. lotteries a full-service sports betting solution aimed at maximizing revenue while ensuring reliable, attractive, and innovative service for players.
Outside of Rhode Island, PlayShot powers sports wagers in Nevada, New Jersey, Mississippi, and West Virginia.
About William Hill
William Hill PLC is one of the world's leading betting and gaming companies, employing over 16,000 people. Its origins are in the UK where it was founded in 1934, and where it is listed on the London Stock Exchange. The majority of its $2.1 billion annual revenues are still derived from the UK, where it has a national presence of licensed betting offices and one of the leading online betting and gaming services. In 2012, it established William Hill US with a focus on retail and mobile operations in Nevada, which is now the largest sports betting business in the USA. William Hill US (www.williamhill.us) currently operates 108 race and sports books in Nevada and the state's leading mobile sports betting app. William Hill is operating in New Jersey at Monmouth Park Racetrack, Ocean Resort Casino, Tropicana Atlantic City, and online with the William Hill New Jersey sports betting app. William Hill is a licensed sports betting provider in numerous casinos in Mississippi, West Virginia, Pennsylvania, and Rhode Island and serves as the exclusive risk manager for the sports lottery in Delaware. William Hill also has licensed operations in The Bahamas, Italy and Spain and serves online customers throughout the world from its online headquarters in Gibraltar.
About IGT
IGT (NYSE:IGT) is the global leader in gaming. We enable players to experience their favorite games across all channels and regulated segments, from Gaming Machines and Lotteries to Digital and Social Gaming. Leveraging a wealth of premium content, substantial investment in innovation, in-depth customer intelligence, operational expertise and leading-edge technology, our gaming solutions anticipate the demands of consumers wherever they decide to play. We have a well-established local presence and relationships with governments and regulators in more than 100 countries around the world, and create value by adhering to the highest standards of service, integrity, and responsibility. IGT has more than 12,000 employees. For more information, please visit www.igt.com.
Cautionary Statement Regarding Forward-Looking Statements
This news release may contain forward-looking statements (including within the meaning of the Private Securities Litigation Reform Act of 1995) concerning International Game Technology PLC and its consolidated subsidiaries (the "Company") and other matters. These statements may discuss goals, intentions, and expectations as to future plans, trends, events, dividends, results of operations, or financial condition, or otherwise, based on current beliefs of the management of the Company as well as assumptions made by, and information currently available to, such management. Forward-looking statements may be accompanied by words such as "aim," "anticipate," "believe," "plan," "could," "would," "should," "shall," "continue," "estimate," "expect," "forecast," "future," "guidance," "intend," "may," "will," "possible," "potential," "predict," "project" or the negative or other variations of them. These forward-looking statements speak only as of the date on which such statements are made and are subject to various risks and uncertainties, many of which are outside the Company's control. Should one or more of these risks or uncertainties materialize, or should any of the underlying assumptions prove incorrect, actual results may differ materially from those predicted in the forward-looking statements and from past results, performance, or achievements. Therefore, you should not place undue reliance on such statements. Factors that could cause actual results to differ materially from those in the forward-looking statements include (but are not limited to) the factors and risks described in the Company's annual report on Form 20-F for the financial year ended December 31, 2017 and other documents filed from time to time with the SEC, which are available on the SEC's website at www.sec.gov and on the investor relations section of the Company's website at www.IGT.com. Except as required under applicable law, the Company does not assume any obligation to update these forward-looking statements. You should carefully consider these factors and other risks and uncertainties that affect the Company's business. Nothing in this news release is intended, or is to be construed, as a profit forecast or to be interpreted to mean that financial performance of the Company for the current or any future financial years will necessarily match or exceed the historical published financial performance of the Company, as applicable. All forward-looking statements contained in this news release are qualified in their entirety by this cautionary statement. All subsequent written or oral forward-looking statements attributable to International Game Technology PLC, or persons acting on its behalf, are expressly qualified in its entirety by this cautionary statement.
Contact:
Robert K. Vincent, Corporate Communications, (401) 392-7452
James Hurley, Investor Relations, (401) 392-7190
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