International Game Technology to Acquire iSoftBet in a $174M Deal

IGT Expands in WA with Nisqually Red Wind Deal

International Game Technology (IGT), a multinational producer of slot machines and gambling tech, has signed a partnership deal with Nisqually Red Wind Casino, a tribally-owned gambling venue in Olympia, Washington. As per the agreement, IGT will power the casino with its cutting-edge sports betting solutions.

Nisqually Red Wind Casino to Benefit from IGT’s Solutions

The deal will see IGT power its new partner with the IGT PlaySports platform. The provider will also allow the casino to run IGT PlaySports kiosks at its venue. Lastly, the deal will let Nisqually Red Wind Casino work with IGT’s trading advisory team and improve its offer.

Conrad Granito, general manager of Nisqually Red Wind Casino, is delighted to work with IGT. He noted that IGT’s PlaySports will allow the venue to provide fans with unparalleled and exciting sports betting experiences. Granito is sure that this will help the Nisqually Red Wind Casino distinguish itself from its competitors.

 Speaking about IGT’s solutions, Granito praised the company for being a leading supplier in the state. The manager also said that the turnkey nature of the IGT PlaySports solution is a major benefit. He concluded that his team believes IGT is “the ideal sports betting growth partner” for his company.

IGT Continues Its Growth Journey Despite Recent Setbacks

For IGT this new deal means a new opportunity to expand in the Evergreen State. The gambling company already works with seven other casinos in the state and is keen on growing its US footprint. IGT currently supports dozens of US casinos and plans to continue growing with new strategic deals.

Joe Asher, sports betting president at IGT, also shared his thoughts. He pointed out that Nisqually Red Wind Casino has a lot to benefit from adding sportsbook to its already impressive range of betting products. Asher also noted that the venue can “leverage sports betting as a powerful player acquisition tool” and use it to attract new customers.

IGT PlaySports has significant experience powering sportsbooks at tribal casinos throughout the US, and we look forward to helping Nisqually Red Wind Casino create a must-visit destination for sports fans in Olympia and the surrounding areas.

Joe Asher, sports betting president, IGT

A few days ago, IGT posted its financial results for the second quarter of the year. The results showed that the company’s progress came to a halt as it experienced multiple declines across the board. Even IGT’s over-performing segments were offset by significant losses. The losses, sadly, represent a year-on-year decline for the company.