LONDON, March 13, 2017 /PRNewswire/ -- International
Game Technology PLC (NYSE:c) announced that its subsidiary, IGT
Global Solutions Corporation (with International Game Technology
PLC, hereinafter "IGT"), has signed a product sale agreement to
provide 5,500 new lottery terminals and associated peripherals to
Western Canada Lottery Corporation (WCLC). The agreement follows a
competitive procurement process. IGT, as legacy GTECH, has
been providing lottery products and services to WCLC since
1982.
"IGT is listening to the ever-changing needs of its customers
in order to continue to address the requirements of the lottery
industry," said Jay Gendron,
IGT Senior Vice President, WLA North America Lottery. "This
agreement will offer innovative products for WCLC and its retailers
and players alike, providing additional opportunities for WCLC to
increase sales and enhance efficiency and productivity."
Under the agreement, IGT will provide WCLC with IGT's Altura®
GT1200 lottery terminal and the AccuTherm® Ultra printer. This will
offer WCLC retailers a smaller footprint terminal, freeing up
valuable counter space for other merchandise. Additionally, the
Altura GT1200 terminal has a larger screen with enhanced resolution
improving the retailer experience and productivity. The AccuTherm
Ultra printer offers a space-saving design, with easy-load and
jam-preventing features, thus speeding up transactions as well as
increasing reliability in busy retail locations.
WCLC will also receive Ticket-Scan® Plus, IGT's player-operated
ticket checker device, allowing players the convenience and
security to check if draw or instant games are winners.
WCLC manages and conducts lotteries within the territorial
limits of the Provinces of Alberta, Saskatchewan and Manitoba, and the Yukon Territory, Northwest Territories and Nunavut.
IGT also provides lottery products and/or services to British
Columbia Lottery Corporation, Atlantic Lottery Corporation, Loto
Quebec, and Ontario Lottery and Gaming Corporation.
About IGT
IGT (NYSE:IGT) is the global leader in gaming. We enable players to
experience their favorite games across all channels and regulated
segments, from Gaming Machines and Lotteries to Interactive and
Social Gaming. Leveraging a wealth of premium content, substantial
investment in innovation, in-depth customer intelligence,
operational expertise and leading-edge technology, our gaming
solutions anticipate the demands of consumers wherever they decide
to play. 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 over 12,000 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 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 International Game Technology
PLC 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 are subject to various risks and uncertainties, many of
which are outside International Game Technology PLC'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 the
forward-looking statements. Factors that could cause actual results
to differ materially from those in the forward-looking statements
include (but are not limited to) the possibility that the
businesses of International Game Technology (Nevada) and GTECH S.p.A. will not be
integrated successfully, or that the combined companies will not
realize estimated cost savings, synergies, growth or other
anticipated benefits or that such benefits may take longer to
realize than expected; unanticipated costs of integration of
International Game Technology (Nevada) and GTECH S.p.A.; the possibility that
International Game Technology PLC will be unable to pay future
dividends to shareholders or that the amount of such dividends may
be less than anticipated; the possibility that International Game
Technology PLC may not obtain its anticipated financial results in
one or more future periods; reductions in customer spending; a
slowdown in customer payments and changes in customer demand for
products and services as a result of changing economic conditions
or otherwise; unanticipated changes relating to competitive factors
in the industries in which International Game Technology PLC
operates; International Game Technology PLC's ability to hire and
retain key personnel; the impact of the consummation of the
business combination on relationships with third parties, including
customers, employees and competitors; International Game Technology
PLC's ability to attract new customers and retain existing
customers in the manner anticipated; reliance on and integration of
information technology systems; changes in legislation or
governmental regulations affecting International Game Technology
PLC, including as a consequence of the announced withdrawal of the
U.K. from the EU; international, national or local economic, social
or political conditions that could adversely affect International
Game Technology PLC or its customers; conditions in the credit
markets; changes in the top management team; risks associated with
assumptions International Game Technology PLC makes in connection
with its critical accounting estimates; the resolution of pending
and potential future legal, regulatory or tax proceedings and
investigations; and International Game Technology PLC's
international operations, which are subject to the risks of
currency fluctuations and foreign exchange controls. The foregoing
list of factors is not exhaustive. You should carefully consider
the foregoing factors and the other risks and uncertainties that
affect International Game Technology PLC's business, including
those described in International Game Technology PLC's annual
report on Form 20-F for the financial year ended December 31, 2015 and other documents filed from
time to time with the Securities and Exchange Commission (the
"SEC"), which are available on the SEC website at www.sec.gov and
on the investor relations section of International Game Technology
PLC's website at www.IGT.com. Except as required under applicable
law, International Game Technology PLC does not assume any
obligation to update the forward-looking statements. Nothing in
this news release is intended, or is to be construed, as a profit
forecast or to be interpreted to mean that earnings per
International Game Technology PLC share for the current or any
future financial years will necessarily match or exceed the
historical published earnings per International Game Technology PLC
share, 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.
Contact:
Robert K. Vincent, Corporate
Communications, toll free in U.S./Canada (844) IGT-7452; outside
U.S./Canada (401) 392-7452
James Hurley, Investor Relations,
(401) 392-7190
Simone Cantagallo, (+39) 06
51899030; for Italian media inquiries
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SOURCE IGT