LONDON, Feb. 22, 2022 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced today that its subsidiary, IGT Global Solutions Corporation, has signed a three-year contract extension with long-time partner, the Missouri Lottery, which extends the existing agreement until June 30, 2025.
As part of this agreement, IGT will deploy 175 new cashless GameTouch™ 28 self-service vending machines, expanding the Lottery's retailer base and allowing for a more dynamic user experience among players. IGT will also support the Lottery's launch of IGT's highly successful proprietary Cash Pop™ draw game that offers flexibility for operators and players with its easy-to-play mechanics.
"The Missouri Lottery has trusted IGT and its industry-leading innovations to help responsibly grow our sales and fund public education in the state for more than 30 years," said May Scheve Reardon, Missouri Lottery Executive Director. "Including Cash Pop in our game portfolio is the latest example of how IGT has continually guided us through the evolving lottery industry. This exciting new game will allow our players to customize their game play for personalized experiences unlike any other on the market. Additionally, expanding our retailer base with IGT's GameTouch 28 vending machines will provide more convenience to our players."
"IGT applauds the Missouri Lottery for its continued forward-looking approach to ensure its players have access to the most entertaining lottery products and games," said Jay Gendron, IGT Chief Operating Officer, Global Lottery. "IGT's cashless GameTouch vending machines and patented Cash Pop game are best-in-class solutions that draw upon our decades of industry leadership and are designed for the next generation of players. We look forward to helping the Lottery continue to maximize its funds toward public education over the next few years."
IGT has served as the primary lottery technology supplier to the Missouri Lottery since 1991. In addition to self-service lottery vending machines and Cash Pop, IGT provides the Lottery with its central system, retail terminals and equipment, instant tickets and field services.
As the lottery market leader, IGT central systems process approximately 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 a 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 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, 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 06 5189 9184; for Italian media inquiries
James Hurley, Investor Relations, +1 (401) 392-7190
© 2022 IGT
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SOURCE International Game Technology PLC
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