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IGT Signs Seven-Year Contract with the South Dakota Lottery to Provide New Lottery Equipment and Services

LONDON, Jan. 15, 2019 /PRNewswire/ -- International Game Technology PLC (IGT) announced that its subsidiary IGT Global Solutions Corporation (hereinafter "IGT"), has signed a seven-year contract with the South Dakota Lottery following a competitive procurement. IGT will provide the Lottery with a wide array of products including an updated lottery central system, several of its business intelligence tools, new point-of-sale and self-service lottery terminals, ongoing maintenance, and retailer training. The contract is expected to commence on November 3, 2019 and allows for an additional eight extension years.

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...

"IGT has been our primary lottery vendor since 2009, and with their support, we've been able to deliver more than $2.82 billion to education, developing natural resources, and providing problem gaming treatment services since 1987," said South Dakota Lottery Executive Director Norm Lingle. "We look forward to continuing our relationship with IGT to generate even more funds for these important causes in our state throughout the next seven years."

"We are pleased to work with the South Dakota Lottery to deliver our industry-leading lottery solutions which will provide the flexibility to help evolve, manage, and grow the Lottery's sales now and in the years ahead," said IGT Chief Operating Officer, Lottery, Jay Gendron. "These products will provide greater insight into player behavior to help the Lottery continue to deliver exciting games and content that players want."

Under the terms of the agreement, the South Dakota Lottery will receive an upgraded lottery central system that includes components of IGT's Aurora™ platform. These components, comprised of Aurora Instants Processing System, Aurora Retailer Manager, and Aurora Claims and Payments Manager, are specially designed to provide ease of use and convenience for the retailer, and actionable analytics for the Lottery to continue to meet player demands. Additional point-of-sale and self-service lottery terminals will be implemented throughout the state.

IGT will also deliver several of its BizApps, industry leading lottery applications including Retailer Wizard, Order Wizard, and Performance Wizard, which will enable the South Dakota Lottery to drive profitable growth by providing actionable insights to more efficiently manage the business and support lottery retailers. In addition, IGT will utilize the iSpeak customized training program to train the Lottery Sales Representatives on the new sales tools they will be using.

About IGT

IGT (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 Digital 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 more than 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 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, 2017 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. Nothing in this news release is intended, or is to be construed, as a profit forecast or to be interpreted to mean that financial performance of the Company for the current or any future financial years will necessarily match or exceed the historical published financial performance of the Company, 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 its entirety by this cautionary statement.


Contact:
Robert K. Vincent, Corporate Communications, (401) 392-7452
James Hurley, Investor Relations, (401) 392-7190
Giuliano Frosini, +39 06 51899584; for Italian media inquiries

 

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