Danske Licens Spil agreement ...

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RNS Number : 0088G

bwin.party digital entertainment

17 November 2015

 



17 November 2015

 

bwin.party digital entertainment plc

('bwin.party' or the 'Company')

 

Danske Licens Spil agreement

 

bwin.party is pleased to announce a multi-year extension to its existing B2B supply agreement with Danske Licens Spil ('DLS'), a wholly-owned subsidiary of Danske Spil A/S ('Danske Spil').

 

Owned by the Danish Government (80%), Sports Confederation of Denmark (10%) and Danish Gymnastics and Sports Associations (10%), The Danske Spil Group is one of the largest betting and gaming organisations in Europe with DKK4.5 billion of gross gaming revenue in 2014.  Offering a variety of gaming products in Denmark including the national lottery, numbers games, instant games as well as gambling on machines, Danske Spil has also established a large online gaming business.  

 

Commenting on today's announcement, Norbert Teufelberger, CEO of bwin.party said:

 

"Having supplied poker and casino games for DLS since January 2012 when the licensed market first opened in Denmark, we are thrilled that our Studios business unit has extended its existing relationship until the end of 2019.  Danske Spil is the clear market leader in Denmark and we are delighted to be their supplier of online poker and casino games."

 

Niels Erik Folmann, CEO at DLS, said:

 

"The digital channel has become a meaningful part of our overall business and we are determined to grow it further over the coming years.  Given our existing relationship and their proven technology platform, bwin.party was the obvious choice to support us in achieving our goal."

 

Contacts:
bwin.party digital entertainment plc 

 

Investors
Peter Reynolds                [phone]

Media
Jay Dossetter                  [phone]

                                                     

 

This information is provided by RNS

The company news service from the London Stock Exchange

 

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