- Joined
- Feb 25, 2008
- Messages
- 70,828
Playtech signs a 10-year deal with Gala Coral 20/07/2011
James Bennett
Playtech has signed one its largest contracts agreeing a decade-long €5m a year deal with Gala Coral to supply the group with a full range of gaming products including its IMS platform that will support the operator’s entire product range as well as see it migrate to its Virtue Fusion bingo network.
The supplier will be responsible for software across Gala Coral’s online gaming products, including Sports Betting, casino and bingo with migration from existing suppliers to the Playtech Information Management Solution platform and products expected to commence in the first half of next year, it announced in a statement this morning. The deal is thought to be its first multi-product deal, and is expected to be cash generative by 2012.
According to the Financial Times the deal ranks as one of its top three or four deals and could be worth up to €5m a year in pre-tax profits.
Source and the entire article here
James Bennett
Playtech has signed one its largest contracts agreeing a decade-long €5m a year deal with Gala Coral to supply the group with a full range of gaming products including its IMS platform that will support the operator’s entire product range as well as see it migrate to its Virtue Fusion bingo network.
The supplier will be responsible for software across Gala Coral’s online gaming products, including Sports Betting, casino and bingo with migration from existing suppliers to the Playtech Information Management Solution platform and products expected to commence in the first half of next year, it announced in a statement this morning. The deal is thought to be its first multi-product deal, and is expected to be cash generative by 2012.
According to the Financial Times the deal ranks as one of its top three or four deals and could be worth up to €5m a year in pre-tax profits.
Source and the entire article here