New York-listed betting and gaming supplier International Game Technology (IGT) has been selected alongside William Hill US to power a land-based sportsbook for two gaming facilities in the state of Rhode Island.
Following a competitive procurement process run by the Rhode Island Lottery earlier this year, IGT and its commercial partner William Hill US have been chosen as the end-to-end sports betting service provider for the state's licensed video lottery and table game establishments, Twin River Casino and Tiverton Casino.
The new sportsbook offering will be provided to the Rhode Island Lottery utilizing IGT's sports betting platform, with William Hill providing sports betting operations and risk management.
"It's an exciting time for the Rhode Island Lottery," said Rhode Island Lottery director Gerald Aubin. "With the introduction of legalized sports betting, we will leverage world-class resources and technology from IGT and William Hill to provide the best-possible sports betting experience for the patrons who visit our casinos."
Sports betting operations are expected to go live at both locations by mid-November, with the initial term of the contract running for a period of five years from the date that the first sports wager is placed at either venue, which may be extended by mutual consent for two successive five-year terms.
"We are pleased that Rhode Island is the first lottery to set up sports betting operations post-PASPA," said Renato Ascoli, IGT chief executive North America. "IGT is a leading and proven supplier of sports betting technology in the US.
“The combination with William Hill, a leading sports betting operator in the US, uniquely positions us to provide the Rhode Island Lottery with a comprehensive, market-ready solution to maximize sports betting revenues and returns to good causes for the state of Rhode Island."
William Hill US chief executive Joe Asher added: "IGT is a world-class gaming technology company and we could not be more happy to partner with them to provide a world-class sports betting solution for the state of Rhode Island.”
Shares in International Game Technology plc (NSQ:IGT) closed in New York Monday down 2.73 per cent at $21.02 per share, while shares in William Hill plc (LSE:WMH) were trading down 0.12 per cent at 257.70 pence per share in London Tuesday morning.