IGT in four-year extension of Svenska Spel contract

International Game Technology has announced that it has signed a four-year contract extension to enhance the suite of interactive multichannel poker products it provides to AB Svenska Spel in Sweden – operator of the world’s fifth-largest ring-fenced market poker site according to Pokerscout.com.

Svenska Spel is exercising a four-year extension provided under its contract with IGT signed as part of a competitive procurement in 2013.

“For a decade now, Svenska Spel has successfully worked with IGT to offer the Swedish public a fun and safe interactive poker product,” said Lennart Käll, CEO of Svenska Spel in a statement announcing the extension Thursday.

“Choosing partners with innovative, marketing-leading products is essential to responsibly meeting our customers’ needs.”

Declan Harkin, SVP and chief operating officer, IGT International, said:

“By leveraging industry best practices and our experience as a successful B2C operator in the Italian interactive market, IGT’s enhanced multichannel suite of interactive poker products will help Svenska Spel to reach a broader player base.”

Under the terms of the contract extension, IGT will enhance its multichannel suite of interactive poker products across desktop, Android smartphone, Android tablet, iPad and iPhone with a new user-friendly graphical interface, new game formats, and tournament variations.

Enhancements include IGT’s U.S. patent-pending Poker Challenge tournament format, and Character-Based Cash Tables. The suite of poker products is powered by IGT’s new poker solution, which consists of IGT’s new poker engine and the IGT Connect platform.

IGT, as legacy GTECH, began providing Svenska Spel with poker software in 2006 and video lottery gaming solutions in 1996. Svenska Spel also uses IGT’s Casinolink system and slot machines at its land-based casinos.

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