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L) has inked a pair of commercial deals with Norway’s national lottery, Norsk Tipping, that will see it supply the Norwegian firm with a selection of video lottery terminals (VLTs) and online casino products.52 million) before making a subsequent €100 million (1.Chief Operating Officer for Playtech, Shimon Akad, commented on the new agreements in a company press release…“Playtech content has proven to be very popular with Norsk Tipping’s players....
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”Rubik’s Cube launch:The agreements follow the release of Playtech‘s new slot, Rubik’s? Cube, based on one of the world’s most iconic puzzle games. We are confident that Playtech’s proven VLT and online casino expertise in a wide range of regulated markets will continue to provide great value for Norsk Tipping and support us in the delivery of our overall content strategy. The two agreements come after as many public procurement processes by the government-owned lottery company....
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Playtech plc (LSE:PTEC.17 million) payment by the end of next year. The agreements will result in each of the product areas being extended and expanded....
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Localized content:Meanwhile, the VLT deal will see Playtech provide its range of VLT games to Norsk Tipping’s terminals situated throughout Norway, while the two companies will also work together to create “unique custom content” for the Scandinavian country’s market. It also highlights our strategy of focusing on long-term partnerships with leading operators in regulated markets.The new online casino agreement will allow Norsk Tipping to access the Isle of Man-headquartered developer’s extensive range of innovative online casino games comprising its lineup of premier content studios including Ash Gaming, Vikings, Quickspin, Origins and Rarestone, the newest addition to the Playtech studios family....
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We are excited to continue supplying our strong roadmap of content to them as part of developing a market-leading, modern and responsible online and retail game offering to their players.83 million).Read a statement from Sala…“The transaction enables IGT to monetize its leadership positions in the Italian business-to-consumer gaming machine, sportsbetting and digital spaces at an attractive multiple to comparable Italian transactions, providing us with enhanced financial flexibility....
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