STOCK TITAN

IGT Expands VLT Footprint in Western Canada with 720 New Units

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags

Contract with WCLC to deploy top-performing content on market-leading hardware is the fourth in seven years following competitive procurements

LONDON, May 30, 2023 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT), announced today that it has signed a contract with the Western Canada Lottery Corporation ("WCLC") to provide 720 CrystalDual® 27 video lottery terminals (VLTs). This marks the fourth time in seven years that IGT has been awarded a significant VLT contract by WCLC following competitive procurements.

As part of the agreement, IGT will provide its highly successful CX game set of VLT content in Saskatchewan, featuring top-performing games such as 7's Wild Gold, Big City 5's, The Wild Life, and Thunder Stampede. The new contract also includes two new VLT titles, Cash Eruption Temple of Fire and Greenback Attack.

"WCLC is committed to providing our VLT players with engaging content and high-performing hardware that deliver the best possible player experiences in Saskatchewan," said Eric Karmark, WCLC Vice President, VLT Gaming & Operations. "The additional 720 VLT units and exciting new games from IGT speak volumes to that promise, and we look forward to enhancing the market with this deployment."

"The award and delivery of 720 additional VLT units reinforces the depth of IGT's commitment to WCLC's continued growth, and the quality of IGT's content and cabinets for the Canadian market," said David Flinn, IGT Senior Vice President, Canada, South and Central America. "IGT's CrystalDual 27 continues to prove its versatility and relevance in gaming markets around the world as the premium dual-screen VLT cabinet. We're pleased to continue partnering with WCLC to provide industry-leading content, including titles under the only Canadian VLT wide-area-progressive feature, Vault Breaker."

The CrystalDual 27 VLT features two displays delivering high-definition graphics. The cabinet has a first-class audio package, ergonomic design, enhanced player interface and a mobile device charging port to provide exceptional player experiences.

In addition, the cabinets incorporate the Game to System (G2S) communication protocol, which enables new, advanced features for WCLC such as software download, remote configuration and software verification, and an embedded player user interface that delivers an interactive experience. These new VLTs will be connected by IGT's INTELLIGEN central system, operated by WCLC for machine accounting, event tracking, and system security.

For more information, visit IGT.com, follow us on FacebookLinkedIn, and Twitter, 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 10,500 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, dividends, 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, 2022 and other documents filed 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

© 2023 IGT

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

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/igt-expands-vlt-footprint-in-western-canada-with-720-new-units-301836079.html

SOURCE International Game Technology PLC

International Game Technology PLC

NYSE:IGT

IGT Rankings

IGT Latest News

IGT Stock Data

3.47B
109.04M
43.46%
49.05%
1.01%
Gambling
Consumer Cyclical
Link
United States of America
London