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IGT Awarded Contract for Video Lottery Terminal Central Monitoring System by Ohio Lottery Commission

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International Game Technology (IGT) has secured a contract with the Ohio Lottery Commission to provide a video lottery terminal (VLT) central monitoring system. The contract, effective from May 31, 2024, to June 30, 2033, includes an option for two additional one-year renewals. IGT will deploy its Intelligen™ central monitoring system to oversee over 10,000 VLT machines across seven racinos in Ohio. Nick Khin, IGT's Chief Operating Officer, emphasized that winning this competitive bid highlights the company's innovation and dedication to monitoring systems.

Positive
  • IGT secured a long-term contract (May 31, 2024 - June 30, 2033) with the Ohio Lottery Commission.
  • The contract has an optional renewal for up to two additional one-year terms.
  • IGT will provide its advanced Intelligen™ central monitoring system to oversee more than 10,000 VLT machines.
Negative
  • None.

LONDON, June 25, 2024 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE:IGT) today announced that it has won a competitive bidding process to provide the Ohio Lottery Commission's video lottery terminal (VLT) central monitoring system, with a contract effective May 31, 2024 through June 30, 2033. The agreement includes an option for Ohio to renew the contract for up to two additional one-year terms.

Under the terms of the agreement, IGT will provide its advanced Intelligen™ central monitoring system hardware and software, with continual monitoring and support for more than 10,000 video lottery terminal machines distributed throughout seven racinos across Ohio: Belterra Park Cincinnati, Eldorado Scioto Downs, Jack Thistledown Racino, Hollywood Gaming Dayton Raceway, Hollywood Gaming Mahoning Valley Race Course, MGM Northfield Park and Miami Valley Gaming.

"We look forward to providing IGT's leading VLT products and solutions to the Ohio Lottery Commission," said Nick Khin, IGT Chief Operating Officer, Gaming. "Winning this highly competitive RFP process is a testament to IGT's significant innovation, dedication to central monitoring systems, and the great team of professionals that continue to propel our success."

For more information, visit IGT.com or go to Facebook, follow us on X, or watch IGT videos on YouTube.

About IGT
IGT (NYSE:IGT) is a global leader in gaming. We deliver entertaining and responsible gaming experiences for players across all channels and regulated segments, from Lotteries and Gaming Machines to Sports Betting and Digital. Leveraging a wealth of compelling content, substantial investment in innovation, player insights, operational expertise, and leading-edge technology, our solutions deliver unrivaled gaming experiences that engage players and drive growth. We have a well-established local presence and relationships with governments and regulators in more than 100 jurisdictions around the world, and create value by adhering to the highest standards of service, integrity, and responsibility. IGT has approximately 11,000 employees. For more information, please visit www.igt.com.

Cautionary Statement Regarding Forward-Looking Statements
This news release may contain forward-looking statements (including within the meaning of the Private Securities Litigation Reform Act of 1995) concerning International Game Technology PLC and its consolidated subsidiaries (the "Company") and other matters. These statements may discuss goals, intentions, and expectations as to future plans, trends, events, products and services, customer relationships, results of operations, or financial condition, or otherwise, based on current beliefs of the management of the Company as well as assumptions made by, and information currently available to, such management. Forward-looking statements may be accompanied by words such as "aim," "anticipate," "believe," "plan," "could," "would," "should," "shall," "continue," "estimate," "expect," "forecast," "future," "guidance," "intend," "may," "will," "possible," "potential," "predict," "project" or the negative or other variations of them. These forward-looking statements speak only as of the date on which such statements are made and are subject to various risks and uncertainties, many of which are outside the Company's control. Should one or more of these risks or uncertainties materialize, or should any of the underlying assumptions prove incorrect, actual results may differ materially from those predicted in the forward-looking statements and from past results, performance, or achievements. Therefore, you should not place undue reliance on such statements. Factors that could cause actual results to differ materially from those 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 financial year ended December 31, 2023 and other documents led from time to time with the SEC, which are available on the SEC's website at www.sec.gov and on the investor relations section of the Company's website at www.IGT.com. Except as required under applicable law, the Company does not assume any obligation to update these forward-looking statements. You should carefully consider these factors and other risks and uncertainties that affect the Company's business. All forward-looking statements contained in this news 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 U.S./Canada +1 (844) IGT-7452; outside U.S./Canada +1 (401) 392-7452
Francesco Luti, Italian media inquiries, +39 06 5189 9184
James Hurley, Investor Relations, +1 (401) 392-7190

© 2024 IGT

The trademarks and/or service marks used herein are either trademarks or registered trademarks of IGT, its affiliates or its licensors.

 

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SOURCE International Game Technology PLC

FAQ

What is the duration of IGT's contract with the Ohio Lottery Commission?

The contract is effective from May 31, 2024, to June 30, 2033, with an option for two additional one-year renewals.

Which system will IGT provide to the Ohio Lottery Commission?

IGT will provide its advanced Intelligen™ central monitoring system.

How many video lottery terminals will IGT's system monitor in Ohio?

IGT's system will monitor over 10,000 video lottery terminals across seven racinos in Ohio.

Which racinos in Ohio will be monitored under the IGT contract?

The racinos include Belterra Park Cincinnati, Eldorado Scioto Downs, Jack Thistledown Racino, Hollywood Gaming Dayton Raceway, Hollywood Gaming Mahoning Valley Race Course, MGM Northfield Park, and Miami Valley Gaming.

What significance does winning the Ohio Lottery Commission contract have for IGT?

Winning the contract demonstrates IGT's innovation, commitment to central monitoring systems, and the capability of its professional team.

International Game Technology PLC

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