Playtech plc (“Playtech”) today announces that it has signed a new long-term agreement with GVC Holdings PLC (“GVC”). Under the agreement, Playtech will provide its leading services and products to all GVC brands, in existing and new markets.

This represents a significant extension in scope and duration to the current arrangements with the group. Through a portfolio of global and local established brands, GVC has one of the largest online gaming businesses in the world. For the first time, many of GVC’s brands will have access to Playtech’s proven suite of content and products. Playtech and GVC have also agreed to work together to integrate Playtech’s products and services onto the GVC platform in order that they can be made available to the MGM-GVC JV, ROAR Digital.

In addition, this partnership will see an extension of the agreement for Playtech BGT Sports to supply Ladbrokes Coral with the software for its suite of self-service betting terminals throughout Great Britain, the Republic of Ireland, and Belgium.

Playtech’s expectations for 2019 Adjusted EBITDA, announced on 21 February 2019, remain unchanged.