LONDON, Dec. 7, 2016 /PRNewswire/ -- International Game Technology PLC (NYSE:IGT) announced that its subsidiary, IGT Global Solutions Corporation (with International Game Technology PLC, hereinafter "IGT"), has entered into a multi-year contract with the Kansas Lottery ("Kansas Lottery" or "Lottery") to continue providing instant ticket printing services through June 2022. The contract includes the option for four additional one-year extensions. In addition to providing instant ticket printing services to the Kansas Lottery, under the new contract, IGT will continue to support the Lottery with research, game planning, marketing, and analytical support.
IGT has had a longstanding relationship with the Kansas Lottery, having been a supplier of instant ticket printing services since 2008 and a lottery systems and technology provider since 1988. Together, IGT and the Kansas Lottery have worked closely to develop key product strategies which have enhanced the Lottery's portfolio of games and delivered increased sales and broader market appeal. The introduction of the X-multiplier series of games has generated combined sales of $69.6 million in 2015 and 2016, making it one of the most profitable games in the history of the Kansas Lottery.
New product innovations have also contributed to the instant ticket sales growth. The Kansas Lottery launched two versions of IGT's proprietary game, Super Ticket™, generating cumulative sales of more than $6.9 million for the 2015 ticket, and is poised to do the same with their newly-launched 2016 Happy Holidays Super Ticket. Another innovation that recently launched that is showing great promise is Holiday Surprise, a $20 game where every ticket wins, the first offering of this type in Kansas.
"The Kansas Lottery is excited to continue working with IGT, a partner that has helped us to develop and grow our lottery since its inception," said Terry Presta, Kansas Lottery Executive Director. "IGT's industry expertise and innovative thinking bring the new, fresh concepts that our customers have grown to love and expect from Kansas Lottery games."
"We are certainly grateful to continue our relationship with the Kansas Lottery and to further develop relevant and successful instant tickets," said Michael Chambrello, IGT Chief Executive Officer, North America Lottery. "Our partnership with the Kansas Lottery has steadily grown over the years. Together with the Lottery, we will work to continue delivering pioneering games and solutions to Kansas Lottery players which drive sales, attract new players, and increase funds generated for the state of Kansas."
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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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
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