Playtech has made a strategic investment in Ontario-based online casino and and sportsbook operator NorthStar Gaming.
Chris McGinnis, Playtech’s CFO, will join the board of directors as a non-executive director, acting as Playtech’s representative.
Playtech has also agreed a 10-year extension of its commercial arrangements with NorthStar, having initially entered into a software and services agreement with the operator in December 2021.
The update will allow the right to expand the agreement beyond Ontario and across Canada. Playtech will also provide strategic advice to NorthStar, most notably in online operations, managed services and market expansion.
Mor Weizer, Playtech’s CEO, said the deal aims to “build on the early success” of the initial arrangement.
Michael Moskowitz, NorthStar CEO, added the move will help the operator “accelerate our growth and rapidly expand our user base.”
