STOCK TITAN

IGT Strengthens Partnership with La Française des Jeux via Three-Year Contract to Launch Innovative Instant Tickets

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
partnership

IGT Global Solutions , a subsidiary of International Game Technology PLC (NYSE:IGT), has signed a three-year contract with La Française des Jeux (FDJ), the French National Lottery operator, to deliver innovative instant ticket games. The contract was awarded after a competitive procurement process and builds on a longstanding partnership between IGT and FDJ.

Key aspects of the agreement include:

  • Access to IGT's full suite of instant ticket games, including Infinity Instants™
  • Focus on responsible and sustainable business practices
  • Alignment with FDJ's business goals and sustainability priorities

IGT has been FDJ's primary lottery central system supplier since 2000, providing central system hardware, instant ticket vending machines, and ongoing technology support.

IGT Global Solutions, una sussidiaria di International Game Technology PLC (NYSE:IGT), ha firmato un contratto triennale con La Française des Jeux (FDJ), l'operatore della Lotteria Nazionale Francese, per fornire giochi di biglietti istantanei innovativi. Il contratto è stato assegnato dopo un processo di gara competitivo e si basa su una partnership di lunga data tra IGT e FDJ.

Gli aspetti chiave dell'accordo includono:

  • Accesso all'intera gamma di giochi di biglietti istantanei di IGT, compresi Infinity Instants™
  • Focus su pratiche commerciali responsabili e sostenibili
  • Allineamento con gli obiettivi aziendali e le priorità di sostenibilità di FDJ

IGT è il fornitore principale del sistema centrale della lotteria per FDJ dal 2000, fornendo hardware del sistema centrale, macchine per la vendita di biglietti istantanei e supporto tecnologico continuo.

IGT Global Solutions, una subsidiaria de International Game Technology PLC (NYSE:IGT), ha firmado un contrato de tres años con La Française des Jeux (FDJ), el operador de la Lotería Nacional Francesa, para proporcionar juegos de boletos instantáneos innovadores. El contrato se otorgó después de un proceso de adquisición competitivo y se basa en una asociación de larga data entre IGT y FDJ.

Los aspectos clave del acuerdo incluyen:

  • Acceso a la gama completa de juegos de boletos instantáneos de IGT, incluidos Infinity Instants™
  • Enfoque en prácticas comerciales responsables y sostenibles
  • Alineación con los objetivos comerciales y prioridades de sostenibilidad de FDJ

IGT ha sido el proveedor principal del sistema central de lotería para FDJ desde 2000, proporcionando hardware del sistema central, máquinas expendedoras de boletos instantáneos y soporte tecnológico continuo.

IGT 글로벌 솔루션(IGT Global Solutions)은 국제 게임 기술 PLC(International Game Technology PLC)(NYSE:IGT)의 자회사로서, 프랑스 국가 복권 운영자 라 프랑세즈 데 게임(La Française des Jeux, FDJ)과 3년 계약을 체결하여 혁신적인 즉석 복권 게임을 제공하게 되었습니다. 이 계약은 경쟁 입찰 프로세스 후에 수여되었으며, IGT와 FDJ 간의 오랜 파트너십을 기반으로 하고 있습니다.

계약의 주요 내용은 다음과 같습니다:

  • IGT의 전체 즉석 복권 게임 범위에 대한 접근, 포함 Infinity Instants™
  • 책임 있고 지속 가능한 비즈니스 관행에 대한 집중
  • FDJ의 비즈니스 목표 및 지속 가능성 우선 순위와의 일치

IGT는 2000년부터 FDJ의 주요 복권 중앙 시스템 공급업체로, 중앙 시스템 하드웨어, 즉석 복권 판매기 및 지속적인 기술 지원을 제공하고 있습니다.

IGT Global Solutions, une filiale d'International Game Technology PLC (NYSE:IGT), a signé un contrat de trois ans avec La Française des Jeux (FDJ), l'opérateur de la loterie nationale française, pour fournir des jeux de tickets instantanés innovants. Le contrat a été attribué à l'issue d'un processus d'appel d'offres concurrentiel et repose sur un partenariat de longue date entre IGT et FDJ.

Les aspects clés de l'accord incluent :

  • Accès à l'ensemble de la gamme de jeux de tickets instantanés d'IGT, y compris Infinity Instants™
  • Accent sur les pratiques commerciales responsables et durables
  • Alignement avec les objectifs commerciaux et les priorités de durabilité de la FDJ

IGT est le principal fournisseur du système central de loterie pour la FDJ depuis 2000, fournissant du matériel pour le système central, des machines de vente de tickets instantanés et un support technologique continu.

IGT Global Solutions, eine Tochtergesellschaft der International Game Technology PLC (NYSE:IGT), hat einen Dreijahresvertrag mit La Française des Jeux (FDJ), dem Betreiber der französischen Nationallotterie, unterzeichnet, um innovativen Sofortlotteriespiele anzubieten. Der Vertrag wurde nach einem wettbewerblichen Ausschreibungsverfahren vergeben und baut auf einer langjährigen Partnerschaft zwischen IGT und FDJ auf.

Wichtige Aspekte des Vertrags umfassen:

  • Zugang zu IGTs vollständigem Portfolio an Sofortlotteriespielen, einschließlich Infinity Instants™
  • Fokus auf verantwortungsvolle und nachhaltige Geschäftspraktiken
  • Ausrichtung an den Geschäftszielen und Nachhaltigkeitsprioritäten von FDJ

IGT ist seit 2000 der Hauptlieferant des zentralen Lotteriesystems für FDJ und bietet Hardware für das zentrale System, Verkaufsautomaten für Sofortlotterien und kontinuierliche technische Unterstützung.

Positive
  • Secured a three-year contract with La Française des Jeux, one of the world's largest lotteries
  • Strengthened longstanding partnership with FDJ
  • Provides FDJ access to IGT's full suite of instant ticket games, including Infinity Instants™
  • Aligns with FDJ's business goals and sustainability priorities
  • Continues as FDJ's primary lottery central system supplier since 2000
Negative
  • None.

Insights

This contract renewal with FDJ, one of the world's largest lotteries, is a positive development for IGT. While the financial terms are not disclosed, the three-year duration provides revenue stability and reinforces IGT's position in the global lottery market. The contract's focus on innovative instant ticket games, including the Infinity Instants™ platform, suggests potential for growth in this segment.

IGT's emphasis on sustainable practices aligning with FDJ's goals demonstrates adaptability to evolving market demands, which could be a competitive advantage. The continuation of IGT's role as FDJ's primary lottery central system supplier since 2000 indicates a strong, long-term partnership that extends beyond instant tickets.

For investors, this contract reinforces IGT's market leadership, with the company serving 26 of 46 U.S. lotteries and 8 of the world's 10 largest lotteries. While the immediate financial impact may be , the contract strengthens IGT's competitive position and supports long-term growth prospects in the lottery sector.

The renewal of IGT's contract with FDJ highlights several key market trends in the lottery industry. First, there's an increasing emphasis on innovation in instant ticket games, as evidenced by the inclusion of IGT's Infinity Instants™ platform. This suggests a shift towards more engaging and flexible game designs to attract and retain players.

Secondly, the focus on sustainability and responsible business practices is becoming a critical factor in procurement decisions. IGT's alignment with FDJ's sustainability goals, including the use of FSC-certified paper and non-toxic inks, reflects a broader industry trend towards environmentally conscious operations.

The contract also underscores the importance of comprehensive service offerings in the lottery sector. IGT's ability to provide not just instant tickets but also central systems, hardware and ongoing support likely contributed to the contract renewal. This integrated approach could be a key differentiator in future market competitions.

Company to deliver top-performing instant ticket games to one of the world's largest lotteries

LONDON, Oct. 22, 2024 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE:IGT) today announced that its subsidiary, IGT Global Solutions Corporation, has signed a three-year contract with La Française des Jeux ("FDJ"), the operator of the French National Lottery, to deliver innovative instant ticket games. This contract was awarded following a competitive procurement process, and reflects a longstanding partnership between IGT and FDJ, built on mutual trust and a shared commitment to global sustainability.

An important element in IGT securing the FDJ contract was IGT's dedication to responsible business practices across its global operations which are in alignment with FDJ's business goals and sustainability priorities. These practices include sourcing paper from FSC-certified suppliers, using non-toxic inks and coatings and implementing processes designed to reduce emissions, ensuring environmentally conscious production without compromising innovation or quality of the tickets.

"In renewing our instant ticket contract for the coming three years, we were extremely interested in securing a partner who understands our business ambitions and shares our commitment to social and environmental responsibility," said Patrick Buffard, Chief French Lottery and Retail Sports Betting Business Unit Officer.

"IGT has established a strong understanding of FDJ's goals, and a keen awareness of its growth opportunities and sustainability commitments throughout our decades-long partnership," said Jay Gendron, IGT Chief Operating Officer, Global Lottery. "IGT's new three-year instant ticket printing contract with FDJ enables us to continue our collaboration, by leveraging our state-of-the-art printing facility and diverse game portfolio to meet FDJ's needs. We are committed to extending FDJ's business success with our compelling instant ticket games and strong focus on Sustainable Play™."

Under the terms of the agreement, FDJ will have access to IGT's full suite of engaging instant ticket games, including its revolutionary Infinity Instants™ games, IGT's digital instant ticket printing platform that provides unprecedented flexibility in the design, production, and marketing of instant games. IGT and FDJ will continue providing innovative player experiences, supported by responsible and sustainable business practices.

In addition to supplying instant tickets, IGT has served as the primary lottery central system supplier to FDJ since 2000 and provides FDJ with its central system hardware, instant ticket vending machines, and ongoing technology support and maintenance.

As the global lottery market leader, IGT is the primary technology provider to 26 of the 46 lotteries in the U.S., eight of the world's 10 largest lotteries and 16 of the world's top 25 lotteries. For more information, visit IGT.com and follow us on 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 jurisdictions 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.

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, products and services, customer relationships, 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, 2023 and other documents led 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
James Hurley, Investor Relations, +1 (401) 392-7190

© 2024 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-strengthens-partnership-with-la-francaise-des-jeux-via-three-year-contract-to-launch-innovative-instant-tickets-302282151.html

SOURCE International Game Technology PLC

FAQ

What is the duration of IGT's new contract with La Française des Jeux (FDJ)?

IGT has signed a three-year contract with La Française des Jeux (FDJ) to deliver innovative instant ticket games.

What products will IGT provide to FDJ under the new contract?

IGT will provide FDJ with access to its full suite of instant ticket games, including its revolutionary Infinity Instants™ games, which is IGT's digital instant ticket printing platform.

How long has IGT been a supplier for La Française des Jeux (FDJ)?

IGT has served as the primary lottery central system supplier to FDJ since 2000, providing central system hardware, instant ticket vending machines, and ongoing technology support and maintenance.

What sustainability practices does IGT (NYSE:IGT) implement in its instant ticket production?

IGT sources paper from FSC-certified suppliers, uses non-toxic inks and coatings, and implements processes designed to reduce emissions, ensuring environmentally conscious production without compromising innovation or quality of the tickets.

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