Bally’s Gamesys Notches Content Deal with Gaming Arts of Las Vegas

Bally’s announced today its Gamesys unit struck a five-year deal with Gaming Arts to bolster its portfolio of real money online casino games.

Gaming Arts
A Gaming Arts booth at a gaming convention, seen above. The company inked a content deal with Bally’s Gamesys. (Image: LinkedIn)

Financial terms of the agreement weren’t disclosed, but the agreement is described as “exclusive.” Las Vegas-based Gaming Arts is a provider of gaming technology, electronic gaming machines, and bingo and keno technologies.

Under the Agreement terms, Gamesys and Gaming Arts will work together to identify, convert and deliver titles from Gaming Arts proven and growing library of successful casino slot games to all online real money gaming markets, in which Gamesys operates around the world,” according to a statement issued by Bally’s and Gaming Arts.

Gaming Arts games will be displayed on the Gamesys platform, and the former will also develop new titles for the latter.

Potentially Meaningful Agreement for Gamesys

Last year, Bally’s paid $2.7 billion for Gamesys — its largest acquisition to date — as an avenue for furthering its move into the fast-growing world of internet casinos.

Under the Jackpotjoy, Virgin Games, Botemania, Vera&John, Heart Bingo, Megaways, Rainbow Riches Casino, and Monopoly Casino brands, Gamesys offers internet casino and online bingo games. Bally’s international digital operations posted adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) of $69.9 million in the final three months of 2021, indicating the Gamesys acquisition is paying off.

Privately held Gaming Arts is licensed in 150 jurisdictions, including 35 states, Latin America, and South Africa, among others. The company notes its deal with Rhode Island-based Bally’s is one of its first moves into iGaming.

“The fact that they are partnering with us in this exclusive way, and have committed to feature our games within their global portfolio, represents a very exciting opportunity to introduce Gaming Arts content to an entirely new segment,” said CEO Mike Dreitzer in the statement.

Online Casino Content Arms Race Building

In the iGaming space, content is king, and operators realize as much. Bally’s deal with Game Arts is the industry’s second in as many days.

On Monday, regional casino operator Boyd Gaming said its Boyd Interactive unit is paying $170 million in cash to acquire Pala Interactive from the Pala Band of Mission Indians — a transaction aimed at shoring up the buyer’s internet casino and technology offerings.

For its part, Gaming Arts has a deep library of online games and offerings relevant to land-based casinos, including slots and related fare.

“The company has also been active in creating new slot products for the Historic Horse Racing machine space, new interactive entries, as well as a suite of UVC light disinfection products specifically designed to make casinos and casino products safer for players and staff everywhere,” it says on its website.

Todd Shriber
Todd Shriber Financial Reporter

Todd Shriber is a senior news reporter covering gaming financials, casino business, stocks, and mergers and acquisitions for Casino.org.

Todd got his start in financial markets as a reporter with Bloomberg News. Later, he became a trader at a Southern California-based long/short hedge fund, where he specialized in the trading sector and international ETFs leading up to and during the financial crisis. He joined Casino.org in 2019.

Currently, Todd analyzes, researches, and writes on ETFs for various web-based publications and financial services firms. Shriber has been featured and quoted in Barron's, CNBC.com, and The Wall Street Journal. His work can also be found on Benzinga, ETF Daily News, ETF Trends, MarketWatch, Fox Business, and Nasdaq.com.

He currently resides in Las Vegas, where he enjoys golf and taking his black lab to the dog park. He's also an avid sports fan and likes to wager on college football and the NBA. You can also find him at the three-card poker and roulette table, even though he knows better.

Contact Todd at todd.shriber@casino.org.

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