Danske Licens Spil agreement ...
17 November 2015 - 11:00PM
UK Regulatory
/**/
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
+44 (0) 20 7337 0100
Media
Jay
Dossetter
+44 (0) 20 7337 0134
This information is provided by RNS
The company news service from the
London Stock Exchange
END
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