IGT Expands Sports Betting Footprint In Nevada And Colorado Through IGT PlaySports Technology And Services Agreement With Monarch Casino & Resort
Portfolio Pulse from Benzinga Newsdesk
IGT has expanded its sports betting footprint in Nevada and Colorado through an agreement with Monarch Casino & Resort. The IGT PlaySports platform and trading advisory services will power retail and mobile sports betting at Atlantis Casino Resort Spa in Reno, Nevada, and Monarch Casino Resort Spa in Black Hawk, Colorado.
August 05, 2024 | 10:50 am
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POSITIVE IMPACT
IGT has signed an agreement with Monarch Casino & Resort to expand its sports betting services in Nevada and Colorado. This move will likely enhance IGT's market presence and revenue streams in the sports betting sector.
The agreement with Monarch Casino & Resort will likely boost IGT's market presence and revenue in the sports betting sector, positively impacting its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Monarch Casino & Resort has partnered with IGT to enhance its sports betting offerings in Nevada and Colorado. This partnership could attract more customers and increase revenue for Monarch Casino & Resort.
The partnership with IGT will likely enhance Monarch Casino & Resort's sports betting offerings, attracting more customers and increasing revenue, which could positively impact its stock price in the short term.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 100