International Gaming Technology, Inc. (IGT) announced the expansion of its sports betting operations in Nevada and Colorado through a new technology and services agreement with Monarch Casino & Resort.
The partnership will enable IGT's PlaySports platform and transaction advisory services to power retail and mobile sports betting at two major gaming venues: Atlantis Casino Resort Spa in Reno, Nevada and Monarch in Black Hawk, Colorado Casino resort spa.
As part of this partnership, Monarch Casino & Resort launches new mobile sports betting apps: Atlantis NV Sports and BetMonarch – Colorado. Both apps feature IGT PlaySports technology.
Steve Mikkelson, corporate director of events and sports for Monarch Casino & Resorts, said: “We are excited to bring Atlantis to life with our new retail and mobile sportsbook powered by IGT PlaySports. and Monarch Blackhawks offer patrons a next level of sports betting entertainment.
IGT PlaySports' technology stack is widely regarded as one of the most versatile B2B sports betting technology stacks in the United States, and we believe we now have the ideal sports betting product to drive increased player engagement across our two award-winning properties and value. "
Joe Bertolone, senior vice president of sports betting at IGT, added: “IGT PlaySports is pleased to partner with Monarch to modernize its sports betting offerings in Nevada and Colorado.
We look forward to helping them attract new players and deliver world-class retail and mobile sportsbooks that are aligned with local market opportunities and player preferences.”
Earlier this year, Monarch Casino & Resort reported mixed fourth-quarter 2023 results, with revenue up 6.3% but profits down 18.9%.
