In a recent press release, International Game Technology PCT (IGT) said that it will work with FanDuel as its provider of sports betting platforms for New Jersey. This is great news considering that FanDuel is a big company that hosts several betting games internationally.
This partnership means that two of the biggest names in the sports betting industry will design, build, and operate perhaps the biggest sports betting platform in the world. IGT is one of the world’s leading gaming companies, providing great selections like the ones in WMS Slots
, while FanDuel is a subsidiary corporation of Paddy Power, one of the leading sports betting operators in the world.
FanDuel’s mission is to make sports betting fun. It is known for its sports fantasy offerings. It started out in the backyard of five enthusiasts and is now a major driving force in the industry. Today, it offers betting in Fantasy Baseball, Fantasy Football, Fantasy Basketball, Fantasy Golf, and Fantasy NASCAR.
In a fantasy sport like Fantasy Football, a person builds his own team in the same way one real team coach or manager would fill his roster. However, he cannot just choose any player. He must bid for the players he wants to put in his roster using real money. And once his roster is filled, the season can begin.
This person earns points if his players perform well in real football. This is why building a team, or drafting, only happens prior to the actual NFL season. During the season, if a player that this person chose scored a touchdown, he is rewarded points. As his chosen players play well in the real NFL season, he will receive points until the end of the season, after which a winner is declared based on most points received.
What sets FanDuel
apart from its competitors is that it has redefined fantasy betting. Today, it offers one-day, one-week, and season-long fantasy games. Apart from the ordinary selections such as football and basketball, FanDuel took it to the next level by introducing other sports like NASCAR, WNBA, and NHL.
The company also offers flexibility because it has an app that allows players to enjoy these anywhere, anytime. This means that players do not need to commit to the entire season. They can play one-day games and they can either play with their friends, in a private league, or a public league. And they can win cash every night.
International Game Technology
or simply IGT is a huge company that not only offers slots. It has a global presence and has an integrated portfolio of products. It is a publicly listed company in the New York Stock Exchange. It has global headquarters in the UK, USA, Rome, and Italy. Today, it offers hundreds of services in four key verticals: Gaming, Lottery, Play Digital, and Playshot.
Under Gaming, you will find many sub-offerings. This arm does not only create games but also provides support. Notably, this part of the company is where core-casino games are developed. Examples of these are video reels, spinning reels, video poker, and more. This is also the company’s arm that provides the actual gaming device displayed in casinos (called cabinets). Among its other services are:
- Electronic table games
- Casino System Solutions
- Technology Training
- Delivery and Field Services
The Lottery section is where they house their operations on lotteries. Services offered are retail, instant, interactive, and draw games. The company offers service touchpoints and sells lottery terminals and accessories such as printers and scanners.
PlayDigital and PlaySpot are the branches that develop games accessible to browsers. This is also the part where real money gaming is developed for online casino operators. PlaySpot is mainly dedicated to the development of mobile gaming. And most of these games involve real money. Its main thrust is to help casinos convert their current platforms into mobile-friendly ones. This is also a service that allows online casinos to convert their browser-only games into accessible gaming apps on mobile.
The merger of these two giants spells a huge advancement in the sports betting industry. With top-notch technological experts from IGT working with FanDuel’s creative group, there is nothing that can stop the duo from making their fans’ dreams happen.
The future of sports betting looks brighter. If FanDuel can make one-day games, then this partnership may allow them to create hour-long fantasy games. In fact, it is not a long shot that these two companies can create a betting system based on live results.
Today, there is no betting system that allows gamblers to wager on a live game, whether the basketball player will make his next three-point shot or not. If the two companies can make this happen, betting will no longer be about waiting for the end of a season. The betting industry will be a giant cluster of micro bets that anyone in the world can participate in real-time.