The agreement will be for multiple years and will cover Paddy Power's retail sites within the UK and Ireland. The partnership comes after Playtech's terminals have seen an increase in revenue, despite increased regulatory pressures that have put the squeeze on other companies in the market. The terminals provide wagers as well as up to the second information on events to customers, who can leverage those into their slips.
"I'm very pleased to have extended our agreement. It is a critical time for LBOs and we had a long review of our options before concluding that Playtech BGT Sports was the best one for us," said Paddy Power Managing Director of Retail David Newton. "Our partnership with them means we can continue to provide our customers with an increasing number of excellent in-shop betting options."
Playtech BGT Sport CCO John Pettit added: "We're delighted to have extended our deal with Paddy Power and look forward to providing their customers with the best product available over the next four years.
"This partnership allows us to continue investing in innovation and demonstrates the faith we both have in the future of retail betting in the UK and Ireland."