Flutter and Playtech to Continue Long-Term Partnership
Playtech (LON: PTEC), one of the gambling industry’s leading technology companies, has announced that it has extended its contract with Flutter Entertainment (LON: FLTR) for five years. This means that it will continue to provide its RNG and live dealer gambling content, products, and other services to the leading brands Paddy Power, Betfair, and Sky Casino.
In addition to delivering high-quality games, Playtech has also done a lot of work to improve industry standards in regards to responsible and safe gambling. The company believes that by working closely with leading operators and suppliers, such as Flutter Entertainment, it can have a greater impact, and it led the efforts to develop the industry’s first code of conduct on safer game design.
The five-year contract extension is testament to Playtech’s highly successful long-term relationship with Flutter. It ensures that Flutter’s customers will continue to be able to enjoy Playtech’s games and other services.
Furthermore, the agreement will see Playtech continue to provide dedicated live dealer studios for Paddy Power, Betfair, and Sky Casino, and the exclusive Sky Vegas Live Casino is due to launch later this year.
Flutter is one of Playtech’s key strategic partners, and so this new long-term agreement to supply our innovative software and services across four key product verticals is significant. This is testament to the long standing and strong relations between Flutter and Playtech, and we look forward to continuing to work with Flutter in its core markets to support Paddy Power, Betfair and Sky Casino over the next five years.
The CEO of Flutter’s UK&I division, Conor Grant, said that the company is “pleased” to have signed the extension to what he described as a “very successful partnership”. He added that they are “excited to continue offering our customers access to software from one of the world’s leading suppliers of high-quality gaming product.”