LONDON, March 13, 2017 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced the achievement of the Internet Responsible Gambling Compliance Assessment Program (iCAP) re-certification. IGT was commended for its commitment to responsible gaming and player protection, as well as its wide range of employee training courses.
This re-certification continues IGT's iCAP certification first received in February 2016. The iCAP certification provides assurance to operators and consumers that IGT's business-to-consumer (B2C) websites and IGT platforms offered in the business-to-business (B2B) market are compliant with the Internet Responsible Gambling Standards (IRGS). In 2012, the National Council on Problem Gambling (NCPG) developed the IRGS, which are the highest standards for online responsible gaming in the U.S., meeting or exceeding the existing online regulations adhered to by jurisdictions around the world.
"Responsible Gaming is at the core of every IGT decision," said Giuseppe Portoricco, Vice President of Player Account Platforms and iLottery at IGT. "Whether it is an interactive game or a new technology solution, we are guided by this principle. Our goal is to always promote responsible play while creating a fun player experience. iCAP is helping IGT achieve this objective."
IGT applied for iCAP re-certification at the beginning of February 2017. The application verified the effectiveness of the technology solutions and tools IGT provides on its remote gaming platforms to monitor players' behavior and assess any potential excessive or illegal gaming activities.
To obtain the iCAP certification, IGT received an independent assessment by Gambling Integrity (GI), a U.K.-based organization whose mission is to ensure the highest quality and effectiveness of player protection systems offered by operators and vendors. GI worked in collaboration with the NCPG to verify the compliance of IGT's responsible gaming program against the IRGS.
"The commitment and impressive efforts of IGT shine through at every level," said Malcolm Bruce, Assessor of GI. "From its Company policies, to its operational practice, IGT continuously improves upon the player protection standards within its software. Our recommendation is that IGT aims to position itself as a thought leader in the responsible gambling community, as a role model for other vendors, and as a reliable mentor for its gambling operator customers."
To comply with the iCAP certification requirements, the Company enhanced the responsible gaming content found on IGT's B2C portal, www.IGTGames.com.
In particular, IGT offers:
- A gambling risk test to help players determine their own risk level of problem gambling;
- The ability for players to set limits on their deposits, wagering, and losses;
- Self-exclusion controls/timeout;
- Reality check notifications;
- An overview of how gambling works, called "Understanding Gambling";
- Myths and misconceptions/data;
- Age verification upon registration; and
- A geo-location check.
"I would like to congratulate IGT on its successful re-certification. They have demonstrated a commitment to evaluation and improvement of their responsible gaming programs," said Keith S. Whyte, Executive Director of the NCPG. "The goal of our iCAP program was not just to verify compliance with our standards, but to encourage companies to incorporate responsible gaming into their core operations and to apply to responsible gaming the same focus on innovation that characterizes their development of gaming technology."
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.
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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
Angela Wiczek, Corporate Communications, (401) 392-7544
SOURCE IGT
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