IGT Inks 10-Year Agreement with Kansas Lottery to Enhance Electronic Gaming System

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IGT Secures 10-Year Contract Extension with Kansas Lottery

International Game Technology PLC (NYSE: IGT) has announced a 10-year contract extension with the Kansas Lottery to implement an upgraded version of its INTELLIGEN electronic gaming central system. This extension will last until December 14, 2032, and aims to improve network management for electronic gaming machines. The enhanced system includes advanced business intelligence tools and disaster recovery technology, intended to optimize operations and revenue generation for the Lottery.

Positive

• Signed a 10-year contract extension with the Kansas Lottery to enhance gaming systems.
• The upgraded INTELLIGEN system will improve operational efficiency and player experiences.

Negative

• None.

Company signs long-term contract extension to launch its latest version of INTELLIGEN

LONDON, June 1, 2022 /PRNewswire/ -- International Game Technology PLC (NYSE: IGT) announced today that its subsidiary, IGT Global Solutions Corporation, has signed a 10-year contract extension with the Kansas Lottery to deliver an enhanced version of IGT's INTELLIGEN™ electronic gaming central system. The contract extension is expected to run through Dec. 14, 2032.

IGT's improved INTELLIGEN software will equip the Kansas Lottery with its most advanced systems technology to strategically manage its electronic gaming machine network, while providing its players with optimal gaming experiences. Specific features include sophisticated site controllers that will maintain network diagnostics and communications between all gaming machines, advanced business intelligence tools for easy, day-to-day operations management and reporting, and updated disaster recovery technology.

"IGT's upgraded INTELLIGEN system will provide the Kansas Lottery with a suite of comprehensive tools designed to drive revenues and offer its players world-class gaming experiences," said Jay Gendron, IGT Chief Operating Officer, Global Lottery. "INTELLIGEN's improved system performance will also allow the Lottery to manage its vast network with maximum efficiency over the next decade and position the Lottery to deploy future functionality to meet the needs of the evolving gaming landscape."

As the leader in the regulated electronic gaming machine industry, IGT deploys its proven INTELLIGEN systems worldwide, connecting a wide range of machines in a variety of gaming environments. The software is built on IGT's more than 25 years of central systems experience and offers stable, secure command and control capabilities.

In addition to electronic gaming machines and the INTELLIGEN central system, IGT also provides the Kansas Lottery with instant ticket games and printing services.

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 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 countries 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, 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 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, +39 06 5189 9184; for Italian media inquiries
James Hurley, Investor Relations, +1 (401) 392-7190

© 2022 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 significance of IGT's contract extension with the Kansas Lottery?

The 10-year contract extension allows IGT to deliver an enhanced version of its INTELLIGEN electronic gaming system, improving the Kansas Lottery's operations until December 14, 2032.

How will IGT's INTELLIGEN system benefit the Kansas Lottery?

The upgraded INTELLIGEN system provides advanced tools for network diagnostics, business intelligence, and disaster recovery, aiming to improve gaming experiences and revenue generation.

When does the Kansas Lottery's contract with IGT expire?

The contract extension with IGT is set to expire on December 14, 2032.

What features does the upgraded INTELLIGEN system offer?

The upgraded INTELLIGEN system includes sophisticated site controllers, business intelligence tools for operations management, and enhanced disaster recovery technology.