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IGT Signs iGaming Content Distribution Agreement with Yggdrasil Gaming for U.S. and Canada

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International Game Technology (IGT) has announced a multi-year iGaming content distribution agreement with Yggdrasil Gaming, securing exclusive access to select games for distribution in the U.S. and Canada. This partnership aims to enhance IGT's PlayCasino offering as the online gaming market expands in North America. The first Yggdrasil title is expected to debut in December 2021. Both companies emphasize the importance of this alliance for long-term growth and value creation for shareholders.

Positive
  • Securing exclusive distribution rights for Yggdrasil games enhances IGT's PlayCasino portfolio.
  • Collaboration with Yggdrasil aligns with IGT's growth strategy in the expanding North American iGaming market.
Negative
  • None.

LONDON, Nov. 2, 2021 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced today that it signed a multi-year iGaming content distribution agreement with leading online gaming content creators, Yggdrasil Gaming. The agreement grants IGT exclusive access to a selected number of Yggdrasil Gaming's online games for distribution in the U.S. and Canada where iGaming is permitted.

"Yggdrasil continues to deliver on its growth strategy, and the U.S. and Canada are key territories for driving continued, sustainable long-term growth, and shareholder value. We are delighted to partner up with IGT, the world's leading gaming supplier, who will have exclusive territorial distribution rights for a selected number of our best-in-class Yggdrasil game titles," said Fredrik Elmqvist, Yggdrasil CEO. "As the online gaming market continues to expand in North America, we look forward to supporting IGT's PlayCasino customers realize their goals through our player-centric, highly entertaining and award-winning games."

"Partnering with high-performing game developers such as Yggdrasil Gaming is a pillar of IGT PlayDigital's growth strategy and an additional differentiator of the IGT PlayCasino value proposition," said Enrico Drago, IGT CEO Digital & Betting. "Yggdrasil Gaming's artistic talents, passion for innovation and commitment to quality and performance shine through in all their games and we believe Yggdrasil games will complement our player-favorite IGT PlayCasino games."

IGT expects to feature the first Yggdrasil game on its platform in December 2021.

For more information on IGT PlayCasino games visit https://www.linkedin.com/showcase/igt-casino-lounge.

About IGT

IGT (NYSE:IGT) is the global leader in gaming. We deliver entertaining and responsible gaming experiences for players across all channels and regulated segments, from Gaming Machines and Lotteries 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 11,000 employees. For more information, please visit www.igt.com.

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

© 2021 IGT

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

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, 2020 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. Nothing in this news release is intended, or is to be construed, as a profit forecast or to be interpreted to mean that the financial performance of International Game Technology PLC for the current or any future financial years will necessarily match or exceed the historical published financial performance or International Game Technology PLC, as applicable. 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.

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SOURCE International Game Technology PLC

FAQ

What is the significance of IGT's agreement with Yggdrasil Gaming?

The agreement grants IGT exclusive access to select Yggdrasil games, enhancing its PlayCasino offerings in the U.S. and Canada.

When is the first Yggdrasil game expected to launch on IGT's platform?

The first Yggdrasil game is expected to launch in December 2021.

How will the partnership with Yggdrasil Gaming benefit IGT shareholders?

The partnership is designed to drive long-term growth and shareholder value by expanding IGT's game offerings in North America.

In which regions will IGT distribute Yggdrasil's games?

IGT will distribute Yggdrasil's games in the U.S. and Canada where iGaming is permitted.

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