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Tech

Accesso signs landmark agreement with Saudi Entertainment Ventures

Accesso Technology Group PLC (AIM:ACSO, OTC:LOQPF) has signed a landmark agreement with Saudi Entertainment Ventures (SEVEN), a wholly owned subsidiary of the Saudi Arabia Public Investment Fund (PIF).

In November 2022, SEVEN unveiled plans to introduce 21 cutting-edge entertainment destinations across 14 cities, featuring over 150 attractions, diverse dining outlets, local and international retail outlets that complement the overall entertainment ecosystem that SEVEN is spearheading.

accesso will be the key provider of ticketing and visitor management technology for all destinations and sub-venues associated with the project.

"We are honoured to be awarded as the key technology partner for SEVEN's growing portfolio of next-generation entertainment destinations," said accesso's chief executive Steve Brown.

He added: "This opportunity in Saudi Arabia underscores accesso's commitment to enhancing the guest experience and contributing to the success of projects that are true gamechangers for the leisure and entertainment industry."

accesso’s Horizon ticketing and visitor management platform will provide seamless multi-location support, vertical-specific functionality, guest-centric design and financial management processes for the project.

Horizon's ability to manage multiple locations within a single portfolio will greatly support SEVEN's complex operational needs.

accesso shares were up 2.5% in early Wednesday exchanges.

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