IGT Launches in Spain's Amusement with Prize 'Salones' Sector with Compelling, Market-Attuned Solutions
International Game Technology PLC (NYSE: IGT) has launched its offerings in Spain's Amusement with Prize (AWP) salones subsector. This move is supported by an exclusive agreement with Orenes Grupo, the leading gaming machine distributor in Spain. IGT introduced its Magic Fortune™ Link multi-level progressive game, featuring popular titles adapted for Spanish players. The salones sector comprises around 3,000 gaming halls focused on advanced video content. Ongoing player research will drive future game releases tailored to local preferences.
- Launch in Spain's AWP salones sector represents a strategic market entry.
- Exclusive distribution agreement with leading market player Orenes Grupo enhances market reach.
- Initial success of Magic Fortune Link indicates strong player engagement and sales potential.
- None.
LONDON, March 9, 2022 /PRNewswire/ -- International Game Technology PLC (NYSE: IGT) announced today that its subsidiary, IGT Europe Gaming B.V. (hereinafter "IGT"), has launched in the Spanish Amusement with Prize (AWP) "salones" subsector with compelling solutions specifically adapted for the market through an exclusive distribution agreement with Orenes Grupo, the Spanish salones market leader in operations and gaming machine distribution.
IGT's debut title for the sector is its Magic Fortune™ Link multi-level progressive, known in Spain as a "linked" game, which includes exciting new games that have become salones player favorites.
The salones subsector in Spain represents a total footprint of approximately 3,000 gaming and bingo halls. Featuring a casino-like atmosphere, salones are evolving to offer more video-based, technologically advanced content and hardware, including linked products.
"IGT is well-positioned to serve salones customers in Spain by supplying our market-attuned games through our exclusive distributor, Orenes Grupo," said Mark MacCombie, IGT Senior Vice President — EMEA Gaming. "The outstanding results from our first offering, Magic Fortune Link, marks a very encouraging start. By combining our local account team's dedication and expertise with Orenes' 50 years of business experience and growing footprint in this market, we can help Spanish salones operators achieve excellent outcomes."
"IGT is renowned for its top-performing products with content designed to suit the unique needs of specific player segments and geographies," said José Quereda, Director of Distribution and Sales for Orenes Grupo. "Magic Fortune Link has proven to engage Spanish players with its entertaining, regionally-attuned game mechanics, and represents the first of what we expect will be many high-performance IGT installations at salones across Spain."
In tandem with the wider release of Magic Fortune Link across the subsector, IGT will continue its ongoing Spanish player research while executing a customized roadmap of new game releases tailored uniquely to these players.
All four themes in IGT's AWP version of Magic Fortune Link™ -- Hephaestus™, Temple of Fire™, Golden Secrets™, and Dreams of Egypt™ -- were adapted for this market. They offer a chance to enter the Magic Fortune bonus game, which showcases proven Hold 'n Spin link mechanics geared toward salones players. Players have the chance to win four levels of progressive prizes, including the Major and Grand linked progressive awards, and two bet-dependent Mini and Minor awards.
Magic Fortune Link is available to Spain's salones market on the BINTIA™ 27-inch multi-game cabinet, which offers dual HD monitors and a topper option for casino-like styling. It features simple maintenance and minimal hardware requirements, an ergonomic and comfortable design, programmable LED lighting, thrilling high-resolution graphics, and an immersive sound system.
For more information, visit IGT.com, follow us on Facebook, LinkedIn, 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 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.
View original content to download multimedia:https://www.prnewswire.com/news-releases/igt-launches-in-spains-amusement-with-prize-salones-sector-with-compelling-market-attuned-solutions-301498142.html
SOURCE International Game Technology PLC
FAQ
What did IGT announce on March 9, 2022?
What is the significance of the Orenes Grupo partnership for IGT?
What is the Magic Fortune Link game by IGT?
How many gaming halls are there in the Spanish salones subsector?
What are the expected outcomes of IGT's market entry in Spain?
