Business
Playtech partners with MGM Resorts International
Playtech partners with MGM Resorts International.
About this update from Playtech Plc
[{"type":"text","content":"\n\nPlaytech plc \n('Playtech' or the 'Company')\nPlaytech partners with MGM Resorts International for Live Casino\nPlaytech (LSE: PTEC), the leading platform, content and services provider in the online gambling industry, is pleased to announce a new strategic partnership with MGM Resorts International (\"MGM Resorts\") to produce proprietary, live casino content directly from the gaming floor at two of their resorts on the Las Vegas Strip.\nPlaytech, as the technology partner of MGM Resorts, will be providing players with on-demand, online access to immersive entertainment experiences directly from Bellagio and MGM Grand. Live casino content, branded as \"MGM Live\", will be licensed to operators for end-user play in regulated markets throughout the world outside the United States. Both brands look forward to working with operators to support and promote a safe gambling experience.\nThe initial live casino offering will include single and double-zero roulette and baccarat games streamed live from the casino floors at both MGM Grand and Bellagio Resort & Casino in Las Vegas, and allow online players to simultaneously participate in the same game as players at the physical game table on the casino floor.\nFuture phases of the partnership will expand our offering to include access to several proprietary Playtech games as well as exclusive branded TV game shows, celebrity-hosted trivia shows, and immersive entertainment experiences.\nMor Weizer, Chief Executive Officer at Playtech, said:\n\"This partnership combines the strength of MGM Resorts' global prestige with Playtech's extensive international market knowledge and innovative games. As a leading technology provider in regulated markets, we're delighted to collaborate with MGM Resorts to develop the MGM Live brand, offering an innovative live dealer experience. Together we are pioneering a new live entertainment category and product offering for players in regulated territories around the world.\"\nBill Hornbuckle, Chief Executive Officer & President of MGM Resorts, said:\n\"This agreement with Playtech represents an important step toward fulfilling MGM Resorts' vision of delivering our unparalleled entertainment, sports and gaming experiences to people the world over. We believe the content, celebrity talent and sophisticated gaming experience we offer will be un...