IGT Supply Contract for UK National Lottery Operations Extended

Rhea-AI Summary

IGT, a global lottery market leader, has received a contract extension to continue supplying the UK National Lottery's core lottery system as part of Allwyn's transformation program. The company will support the operation until the switchover to a new platform is complete. IGT is the primary technology provider to 25 lotteries in the U.S., eight of the world's largest 10 lotteries, and 16 of the world's top 25 lotteries.

IGT to support Allwyn with the UK National Lottery operation until Allwyn's technology transformation program is complete

LONDON, Jan. 17, 2024 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced today that it has received a contract extension to continue to supply the UK National Lottery's core lottery system ahead of the switchover to a new platform, as part of Allwyn's transformation program for The National Lottery.

"We are pleased to continue to support the operation of The National Lottery, working alongside a range of other suppliers and Allwyn," said Jay Gendron, IGT COO Global Lottery. 

As the global lottery market leader, IGT is the primary technology provider to 25 lotteries in the U.S., eight of the world's largest 10 lotteries and 16 of the world's top 25 lotteries. 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 jurisdictions 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, 2022 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
Francesco Luti, Italian media inquiries, +39 06 5189 9184
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.

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SOURCE International Game Technology PLC

FAQ

What is the contract extension for IGT with the UK National Lottery?

IGT has received a contract extension to continue supplying the UK National Lottery's core lottery system as part of Allwyn's transformation program.

How many lotteries does IGT provide technology for in the U.S.?

IGT is the primary technology provider to 25 lotteries in the U.S.

How many of the world's largest 10 lotteries does IGT provide technology for?

IGT provides technology for eight of the world's largest 10 lotteries.

How many of the world's top 25 lotteries does IGT provide technology for?

IGT provides technology for 16 of the world's top 25 lotteries.