MGA Industrial has signed a strategic partnership with Playtech to develop and launch a new line of slot machines in Spain.

Combining MGA’s market knowledge with Playtech’s technology and international reach, the collaboration aims to create a new range of machines for deployment across gaming halls, bingo halls, and casinos throughout Spain.

Development work on the new slot machines is already underway, with the technical and creative teams of both companies working closely to launch the first machines in the second half of this year.

The machines will host exclusive titles designed for the Spanish market, as well as adaptations of successful international games.

“We are excited about this collaboration, which strengthens our position as a leader in product development for the in-person channel,” said a spokesperson for MGA Industrial. “Working with Playtech allows us to elevate our technological offering and look to the future with ambition.”

Playtech said in a statement: “Spain is a strategic market for us, and having a partner like MGA Industrial gives us a unique opportunity to make a strong entrance into the land-based channel, with products designed from and for the local market.”

Shares in Playtech plc. (LSE:PTEC) were trading 1.42 per cent lower at 313.00 pence per share in London Thursday morning.