Slaughter and May is advising GVC Holdings PLC (LSE: GVC), the multinational sports-betting and gaming group, on a signed agreement with Playtech which covers a new long-term commercial relationship between the two groups.
Under the agreement, which will run until 2025, Playtech will become a key products and services supplier to all GVC brands in both existing and new markets, significantly expanding its current relationship with the Group. Through a portfolio of globally and locally established brands, GVC has one of the largest online gaming businesses in the world. For the first time, many of these brands will have access to proven content and services from one of the world’s leading suppliers.
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.
The Slaughter and May team was composed by Corporate partner Mark Zerdin (Picture), Panashi Devchand (associate) and Rob Sumroy (partner, IP/IT).
Law Firms: Slaughter and May;
Clients: GVC Holdings PLC;