IGT Signs Retail and Mobile Sports Betting Agreement with Ponce Plaza Hotel & Casino in Puerto Rico
Portfolio Pulse from Charles Gross
International Game Technology PLC (IGT) has announced a multi-year agreement with Ponce Plaza Hotel & Casino in Puerto Rico. The casino will use IGT's PlaySports technology and services to power Puerto Rico's first casino brand-led retail and mobile sportsbook, PlayBets by Ponce Plaza.
November 09, 2023 | 9:32 pm
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POSITIVE IMPACT
IGT's new partnership with Ponce Plaza Hotel & Casino could potentially increase its revenue and market share in Puerto Rico.
The partnership with Ponce Plaza Hotel & Casino allows IGT to expand its sports betting presence in Puerto Rico. This could potentially increase IGT's revenue and market share in the region, which would likely have a positive impact on its stock price in the short term.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100