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(Alliance News) - Playtech PLC on Tuesday said it has signed strategic agreements with various subsidiaries of Greenwood Racing Inc, which own and operate the Parx Casino in Bensalem, Pennsylvania.
The Isle of Man-based gambling software development company said the agreements include licensing of Playtech products to the Greenwood companies in the states of Michigan, Indiana, New Jersey and Pennsylvania.
"This strategic partnership with the Greenwood companies represents a major milestone for Playtech and I'm excited to work with them to help achieve their growth plans in the coming years," said Playtech Chief Executive Mor Weizer.
"The US is a highly strategic market and this multi-state, multi-product agreement highlights the demand for the full breadth of our product offering. This is the next step for Playtech in the US and we are delighted to work with the Greenwood companies to capture this exciting long-term opportunity," added Weizer.
Playtech shares were trading 3.3% higher in London on Tuesday morning at 500.80 pence each.
By Evelina Grecenko; evelinagrecenko@alliancenews.com
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