The company will add cashless functionality to more than 10,000 retail terminals; provide end-to-end lottery system and iLottery upgrades with cloud-based features
LONDON, Oct. 12, 2022 /PRNewswire/ — International Game Technology PLC (“IGT”) (NYSE:IGT) today announced that its subsidiary, IGT Global Solutions Corporation, has signed a seven-year contract extension with Georgia Lottery Corporation (“Georgia Lottery”) to deploy its world-class lottery and iLottery products and technologies, enhancing the modernization of Georgia Lottery offerings. The contract extension will run until September 2032.
“IGT has been a trusted growth partner with the Georgia Lottery since its inception in 1993, proudly helping us transfer more than $25 billion to the Georgia Treasury Lottery for Education Account,” said Gretchen Corbin, President and CEO of Georgia Lottery Corporation. “The additional technology and features provided by IGT will not only enhance the player experience, but will generate significant additional value for our state and the beneficiary programs the Georgia Lottery supports.”
“As one of the most successful lotteries in the United States, the Georgia Lottery has relied on IGT to provide growth-driving lottery products for nearly 30 years,” said Jay Gendron, Chief Operating Officer. operation of IGT, Global Lottery. “The Georgia Lottery has always embraced the changing lottery landscape with ease, seeing the many benefits of IGT’s innovative solutions. The deployment of IGT’s industry-leading cashless technologies, upgrades advancements in lottery and iLottery systems and new retail hardware under this contract extension will support the Lottery’s future growth plans.”
As part of the contract extension, IGT will install cashless functionality on more than 10,000 retail terminals, allowing players to purchase lotteries with a debit card. Customer-facing ticket scanners will also be implemented at more than 10,000 retail terminals to support player-initiated transactions including QR codes, digital game slips and other digital offers.
IGT will also install more than 4,400 new high-performance Retailer Pro lottery terminals and related equipment at points of sale. Additionally, IGT will replace 600 self-service vending machines currently in the field with its GameTouch™ 28 self-service vending machine, a reliable solution for high-volume retailers that provides a dynamic user experience and increased flexibility for gamers. .
In addition, IGT will provide upgrades to Georgia Lottery’s central lottery and iLottery system. These upgrades would include the ability to migrate components of each system to the cloud. Among many benefits, cloud technology would provide the Georgia Lottery with dynamic scalability and reduced time to market for system enhancements. It also facilitates faster and easier integration of data and information, which further enriches the overall player experience.
As the global lottery market leader, IGT is the primary technology provider to eight of the world’s top 10 lotteries and 16 of the world’s top 25 lotteries. For more information, visit IGT.com and follow us on Facebook and LinkedIn.
About IGT
IGT (NYSE:IGT) is a global leader in gaming. We provide entertaining and responsible gaming experiences for players across all regulated channels and segments, from lotteries and gaming machines to sports and digital betting. Leveraging a wealth of compelling content, substantial investments in innovation, player insights, operational expertise and cutting-edge technology, our solutions deliver unparalleled gaming experiences that engage players. players and stimulate growth. We have a well-established local presence and relationships with governments and regulators in over 100 countries around the world, and create value by adhering to the highest standards of service, integrity and accountability. IGT has approximately 10,500 employees. For more information, visit www.igt.com.
Caution Regarding Forward-Looking Statements
This press release may contain forward-looking statements (including within the meaning of the Private Securities Litigation Reform Act of 1995) regarding International Game Technology PLC and its consolidated subsidiaries (the “Company”) and other matters. These statements may discuss objectives, intentions and expectations regarding future plans, trends, events, dividends, results of operations or financial condition, or otherwise, based on the current beliefs of the Company’s management as well as only assumptions made by, and information currently available to, this management. Forward-looking statements may be accompanied by words such as “aim”, “anticipate”, “believe”, “plan”, “could”, “would”, “should”, “should”, “continue”, “estimate”, ” “expect”, “plan”, “future”, “direction”, “intend”, “may”, “will”, “possible”, “potential”, “predict”, “project” or the negative or other variations thereof. These forward-looking statements speak only as of the date such statements are made and are subject to various risks and uncertainties, many of which are beyond the control of the Company. If one or more than one of these risks or uncertainties materialize, or if any of the underlying assumptions prove incorrect, actual results could differ materially from those projected in the forward-looking statements and from past results, performance or achievements. should not place undue reliance on these statements. Factors that could cause that actual results may differ materially from those indicated in the forward-looking statements include (but are not limited to) the factors and risks described in the Company’s Annual Report on Form 20-F for the fiscal year ended December 31, 2021 and other documents filed from time to time with the SEC, which are available on the SEC’s website at www.sec.gov and in the Investor Relations section of the Company’s website at the address www.IGT.com. Except as required by applicable law, the Company undertakes no obligation to update these forward-looking statements. You should carefully consider these factors and other risks and uncertainties affecting the business of the Company. All forward-looking statements contained in this press release are qualified in their entirety by this cautionary statement. All subsequent written or oral forward-looking statements attributable to International Game Technology PLC, or persons acting on its behalf, are expressly qualified in their entirety by this cautionary statement.
Contact:
Phil O’Shaughnessy, Global Communications, toll free in US/Canada +1 (844) IGT-7452; outside USA/Canada +1 (401) 392-7452
Francesco Luti, Italian Media Inquiries, +39 06 5189 9184
James Hurley, Investor Relations, +1 (401) 392-7190
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SOURCE International Game Technology PLC
