IGT Signs Four-Year Contract Extension with New York Lottery to Continue as Primary Technology Supplier
IGT has secured a four-year contract extension with the New York Lottery, extending their partnership until August 2026. This agreement involves the launch of a new claims and payments system, while maintaining existing services including the lottery central system, retailer training, and call center support. Since 1986, IGT has cultivated a trusted relationship with the Lottery, emphasizing its commitment to delivering innovative solutions. This partnership reinforces IGT's status as a leader in the global lottery market, operating over 475,000 point-of-sale terminals worldwide.
- Secured four-year contract extension with the New York Lottery until August 2026.
- Launching a new claims and payments system as part of the extension.
- Maintains existing services including lottery central system and retailer training.
- Established partnership with the New York Lottery since 1986.
- None.
Company will deliver new claims and payment system
LONDON, Aug. 30, 2022 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced today that its subsidiary, IGT Global Solutions Corporation, signed a four-year contract extension with the New York Lottery, one of the most successful lotteries in the U.S. This agreement extends the current contract to August 2026.
As part of the extension, IGT will launch a new claims and payments system. IGT will also continue to provide the New York Lottery with its lottery central system and related technology, retailer training, field services, call center support, instant ticket warehousing and distribution, and upgrades to the infrastructure.
"IGT has built a trusted partnership with the New York Lottery since 1986," said Jay Gendron, IGT Chief Operating Officer, Global Lottery. "For more than 35 years, we have worked collaboratively with the Lottery to deliver world-class, innovative solutions for retailers and players alike."
As the global lottery market leader, IGT has more than 475,000 point-of-sale terminals in customer jurisdictions worldwide. 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, Italian media inquiries, +39 06 5189 9184
James Hurley, Investor Relations, +1 (401) 392-7190
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SOURCE International Game Technology PLC
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