LONDON, Oct. 2, 2017 /PRNewswire/ -- International Game
Technology PLC ("IGT PLC") (NYSE:IGT) announced that its
wholly-owned subsidiary, IGT Global Solutions Corporation (the
"Company" and collectively with IGT PLC, "IGT"), has agreed with
the California Lottery to extend its existing contract for seven
years, through October 31, 2026. An
IGT customer since 1986, the California Lottery is the second
largest lottery in the United
States, generating approximately $91.4 billion in sales, and contributing nearly
$31 billion to public education since
its inception in 1985.
![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 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...](https://mma.prnewswire.com/media/565542/IGT.jpg)
"IGT and the California Lottery have enjoyed a long and
successful partnership for more than three decades. We have
assisted the Lottery in increasing sales and funds for education
exponentially over the past several years, including in its most
recent audited fiscal year with lottery sales of $6.276 billion and $1.587
billion returned to education," said Jay Gendron, IGT Senior Vice President,
WLA North America Lottery. "We look forward to using this
opportunity to further strengthen our partnership with the
California Lottery and its retailers through the deployment of
leading-edge solutions."
Under the extension, IGT will provide its industry-leading
Aurora™ system platform to the California Lottery, providing it
with a comprehensive set of new tools and applications to support
the Lottery's player and retailer base, and enhance the back-office
suite. This new platform includes:
- Aurora Navigator, a new user-friendly, back-office suite that
will provide the tools the California Lottery will require to
manage its business and maximize productivity;
- OpenRetail, a new retail solution software architecture that
will enable the California Lottery to deploy a single terminal
application across multiple types of retailer devices, reducing
complexity and time to market, and creating new retailer expansion
opportunities; and
- Performance Wizard, a comprehensive, dashboard-driven solution
for analytics and business intelligence.
Additionally, the California Lottery will receive IGT's
best-in-class equipment delivery that includes more than 19,000
Altura™ GT1200 Flex retailer terminals, offering a smaller
footprint to optimize retail space, while continuing to offer a
highly-configurable platform. IGT's Ticket-Scan™ Plus ticket
checkers allow players to easily and securely check the win status
of their own instant and draw-based tickets. The Company will also
deliver its Gemini Ultra™ self-service lottery vending machine,
offering players an easy-to-use interface and a buying experience
that is intuitive and inviting. The Lottery will also receive new
monitors for multimedia advertising as well as HotSpot draw shows.
Certain Lottery retailers will receive IGT's patented Dual Comm
Inside, comprising a combination of next-generation VSAT and
cellular-based technology. Tablet-based third-party terminals will
be provided to the Lottery giving them the capability to provide
more terminal type devices to new and current retailers, and create
new opportunities for expanding the retailer base.
The Company will continue to provide ongoing services to the
Lottery such as support and maintenance of the central system,
communications network, and more than 140,000 points-of-sale in
over 22,000 retailer locations; field services; marketing and
research services; consumables; and call center support.
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.
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, 2016 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 the financial
performance of International Game Technology PLC for the current or
any future financial years will necessarily match or exceed the
historical published financial performance of International Game
Technology PLC, 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, 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 International Game Technology PLC