LONDON, July 22, 2021 /PRNewswire/ -- International
Game Technology PLC (IGT) (NYSE: IGT) announced today that its
subsidiary, IGT Global Solutions Corporation (hereinafter "IGT"),
has extended its lottery gaming systems contract to deploy
next-generation cashless lottery technology for Washington's Lottery, making Washington the seventh U.S. state to leverage IGT's
cashless lottery solutions. This agreement extends IGT's current
contract through June 30, 2029.
Washington's Lottery is among the
U.S. leaders in self-service vending machine deployment, with
lottery vending machines accounting for 45 percent of its entire
retail landscape. IGT will implement hardware modifications and
software development to outfit 2,000 lottery self-service vending
machines with cashless functionality as part of the new agreement.
The cashless functionality will allow Washington's Lottery players to purchase lottery
products with debit cards on IGT's GameTouch™ 28, GameTouch™ 24 and
GameTouch™ 20 self-service vending machines that are placed at
lottery retailers throughout the state.
"Washington's Lottery has relied
on IGT's trusted partnership and forward-thinking expertise for
more than 25 years," said Marcus Glasper, Washington's Lottery Director. "Within that
time, IGT has helped us navigate the ever-evolving lottery
landscape and provide us with innovative solutions to consistently
engage new players. The addition of cashless functionality on
self-service machines is another chapter in our development, and
allows players to have a flexible, convenient and secure way to
purchase their favorite lottery games."
"IGT has a deep understanding for the growth-driving products
and solutions Washington's Lottery
needs to help reach its business goals," said
Jay Gendron, IGT Chief Operating
Officer, Lottery. "Since our current contract began in 2016,
we have worked closely with the Lottery to increase its annual
lottery sales by 37 percent, culminating in $950 million in total sales for the most recent
fiscal year. We'll continue to support the Lottery in maximizing
its funds toward good causes, including the Washington Opportunity
Pathways Account which funds educational programs around the state,
while delivering entertaining and responsible experiences for its
players."
IGT has served as the primary lottery technology supplier to
Washington's Lottery since 1996. In
addition to self-service lottery machines, IGT provides
Washington's Lottery with its central
system, retail terminals and equipment, instant tickets and field
services.
As the lottery market leader, IGT central systems process more
than 75 percent of U.S. lottery sales. For more information about
IGT's lottery business, visit igt.com and follow us on
LinkedIn.
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.
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
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"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. 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, +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 either
trademarks or registered trademarks of IGT, its affiliates or its
licensors.
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SOURCE International Game Technology PLC