IGT signs second Puerto Rico sportsbook deal

International Game Technology (IGT) is expanding its sports betting presence in Puerto Rico through an agreement with Ponce Plaza Hotel & Casino.

The multi-year agreement will see the Ponce-based casino utilise IGT PlaySports' technology and trading advisory services team to power a new retail and mobile sportsbook, PlayBets by Ponce Plaza.

“IGT has been a valued Ponce Plaza Hotel & Casino gaming equipment supplier for many years, and we are thrilled to expand our strategic alliance and entertainment portfolio with PlayBets by Ponce Plaza, our soon-to-launch IGT PlaySports-powered sportsbook,” said Ponce Plaza Hotel & Casino general manager Ramon Muñoz.

“Ponce Plaza Hotel & Casino has been serving the local community since 2008 and we could not be prouder to be the first casino operator in Puerto Rico to run and operate its own sportsbook and to give sports fans an amazing betting experience backed by a local operator who they know and trust.”

IGT president of sports betting Joe Asher added: “IGT PlaySports looks forward to helping Ponce Plaza Hotel & Casino deliver the excitement of multi-channel sports betting to fans in the region through our proven technology and comprehensive services.

“By adding sports betting to their gaming enterprise, Ponce Plaza Hotel & Casino will be equipped with a valuable new player acquisition tool that will drive new customers to the property and enhance the overall experience at the hotel.”

The deal marks IGT’s second in Puerto Rico after an agreement to power an online and retail sportsbook for The Stadium, which owns and operates the WinIn brand.

Shares in International Game Technology plc. (NYSE:IGT) gained 1.83 per cent to close at $26.99 per share in New York Friday.