Playtech Signs Extension With Norsk Tipping

Norway's gaming group Norsk Tipping announced that their subsidiary firm Videobet signed a 10 year extension with Playtech, who'll continue providing video lottery terminals to the group.

The two companies began working together in 2003, and Playtech has served their role as VLT provider ever since. The extension will see Playtech providing the machines, which can use a variety of different software to provide games of chance to punters in the country. Last year, Norsk and Playtech tested an HTML5 product, which will likely be implemented fully during the term of the contract.

"For more than 15 years we have successfully supported Norsk Tipping in delivering a VLT program for the Norwegian market," said Playtech COO Shimon Akad. "We are excited to continue supporting them in the next 10 years, ensuring their VLT program remains fit for the market and provides a long-term sustainable offering that also caters to new generations of players."

"Retail remains a core focus within Playtech and we look forward to be able to provide Norsk Tipping with our strategic roadmap going forward."

Norsk Tipping's Hans Erland Ringsvold added: "We are very happy with the technology and services provided by Playtech and the Videobet team. We are confident that their VLT technology coupled with their professional expertise and experience from a wide range of markets will continue to provide great value for Norsk Tipping and ensure that we can fulfil our future VLT strategy and business objectives."