IGT Selected by Connecticut Lottery Corporation to Provide Leading Edge Products and Services for 10 Years

0

The company wins an outsourcing contract as part of a competitive call for tenders

LONDON, September 16, 2021 / PRNewswire / – International Game Technology PLC (“IGT”) (NYSE: IGT) today announced that its subsidiary, IGT Global Solutions Corporation, has been awarded a Facilities Management Lottery contract from the Connecticut Lottery Corporation at the following a competitive tender. The contract includes an implementation period for the installation of a new central system, which is expected to be commissioned in April 2023. Once the system is in service, the contract will last for 10 years up to April 2033, with five additional years of extension options.

IGT (NYSE: IGT) is the world’s leading gaming company. We provide fun and responsible gaming experiences for players across all regulated channels and segments, from gaming machines and lotteries to sports and digital betting. Leveraging a wealth of compelling content, substantial investments in innovation, player knowledge, operational expertise and cutting-edge technology, our solutions deliver unparalleled gaming experiences that engage gamers and drive growth. . We have a well-established local presence and relationships with governments and regulators in over 100 countries around the world, and create value by adhering to the highest standards of service, integrity and accountability. IGT has approximately 11,000 employees. For more information, please visit www.igt.com.

As the most reliable supplier of lottery systems and solutions, IGT will deliver its high performance Aurora ™ central lottery management system through a system conversion that replaces the system currently in place. Aurora integrates a suite of flexible solutions designed to manage, transform and further develop the business of Connecticut Lottery Corporation. The platform will provide intuitive and user-friendly applications, tools and reporting capabilities that will handle all Lottery transaction processing, game management and back-office operations.

“IGT has a solid reputation for being a supplier of quality lottery system and modernizing its system and associated components”, noted Greg smith, President and CEO of Connecticut Lottery Corporation. “The Connecticut Lottery Corporation looks forward to using the Aurora system and working with the staff at IGT to continue our strong sales performance and deliver exceptional experiences for players and retailers.”

“The Connecticut Lottery Corporation is one of America’s most successful lotteries and IGT is pleased to propel lottery achievements by delivering our world-class solutions,” noted Jay gendron, COO of IGT, Lottery. “IGT’s success in implementing mainframe systems is unmatched, having completed 60 full system conversions on time over the past 13 years, including nine conversions from competitive systems. By serving the Connecticut Lottery, IGT will leverage its decades of industry leadership to help drive Lottery growth and provide engaging experiences for its players. “

In addition to the Aurora platform and its comprehensive suite of flexible business applications, IGT will distribute 3,000 Retailer Pro and Retailer Compact lottery terminals, as well as 200 GameTouch ™ 28 vending machines to lottery retailers.

As the market leader in lotteries providing central systems to 25 US lotteries, IGT systems process over 75% of US lottery sales. With the acquisition of Connecticut Lottery as a facilities management customer, the top five US lotteries in terms of per capita sales are now dependent on IGT’s core systems. For more information on IGT lottery activities, visit igt.com and follow us on LinkedIn.

About IGT
IGT (NYSE: IGT) is the world’s leading gaming company. We provide fun and responsible gaming experiences for players across all regulated channels and segments, from gaming machines and lotteries to sports and digital betting. Leveraging a wealth of compelling content, substantial investments in innovation, player knowledge, operational expertise and cutting-edge technology, our solutions deliver unparalleled gaming experiences that engage gamers and drive growth. . We have a well-established local presence and relationships with governments and regulators in over 100 countries around the world, and create value by adhering to the highest standards of service, integrity and accountability. IGT has approximately 11,000 employees. For more information, please visit www.igt.com.

About the Connecticut Lottery Corporation
The Connecticut Lottery Corporation (CLC) is a quasi-public state body whose mission is to generate revenue for Connecticut conforms to the highest standards of good public policy and social responsibility. In fiscal year 2021, players won more than $ 925 million in cash prizes and retailers won over $ 83 million in committee. At the same time, the CTC provided $ 418 million to support valuable services and programs funded by the General State Fund, including public health, libraries, public safety, education and more. Since the Lottery began in 1972, its contributions to the General Fund have exceeded $ 10.6 billion.

The CLC reminds the public that lottery buyers must be 18 or over and players must be 21 to place sports bets. If you are playing, please play responsibly and use your Sense of the game.

Caution Regarding Forward-Looking Statements
This press release may contain forward-looking statements (including within the meaning of the Private Securities Litigation Reform Act of 1995) regarding International Game Technology PLC and its consolidated subsidiaries (the “Company”) and other matters. These statements may discuss objectives, intentions and expectations regarding future plans, trends, events, dividends, results of operations or financial condition, or otherwise, based on the current beliefs of the management of the company. Company as well as the assumptions made by, and information currently available to this management. Forward-looking statements may be accompanied by words such as “aim”, “anticipate”, “believe”, “plan”, “could”, “should”, “should”, “should”, “continue”, “” s’ expect “,” foresee “,” the future “,” orientation “,” intention “,” could “,” want “,” possible “,” potential “,” predict “,” project “or negative variants or others 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 beyond the control of the Company. If one or more of these risks or uncertainties materialize, or if any of the underlying assumptions prove to be incorrect, actual results may differ materially from those predicted in forward-looking statements and from past results, performance or achievements. Therefore, you should not place undue reliance on these statements. Factors that could cause actual results to differ materially from those of 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 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 in the Investor Relations section of the Company’s website at www.IGT.com. Except as required by applicable law, the Company assumes no 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 press 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 number in the United States /Canada +1 (844) IGT-7452;
outside the United States /Canada +1 (401) 392-7452
Francesco luti, +39 3485475493; for Italian media inquiries
James hurley, Investor Relations, +1 (401) 392-7190

© 2021 IGT

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

Cision

Cision

View original content to download multimedia:https://www.prnewswire.com/news-releases/igt-selected-by-connecticut-lottery-corporation-to-deliver-industry-leading-products-and-services-for-10-years-301378953.html

SOURCE International Game Technology PLC


Source link

Share.

Leave A Reply