LONDON, Feb. 24, 2022 /PRNewswire/ -- International Game
Technology PLC ("IGT") (NYSE: IGT) announced today that its
subsidiary, IGT Global Solutions Corporation, will expand its
instant ticket business in Germany, through a multi-year agreement with
Staatliche Toto-Lotto GmbH Baden-Württemberg ("Lotto BW"), a new
customer for IGT.
Under the terms of the contract, IGT will provide Lotto BW with
all aspects of its instant ticket printing business, including
creating compelling instant games and applying the most advanced
and secure printing techniques. IGT will also provide its expert
marketing services from IGT's Instants Advantage™ program to guide
Lotto BW through the strategic portfolio planning process to make
informed game decisions that will help drive lottery sales.
Additional marketing services include game development, analytics,
distribution, retail execution tools and consultation on all
aspects of the instant ticket program.
"IGT's industry leadership, expertise and global scope pair
well with our vast knowledge of the local lottery
market," said Georg
Wacker, CEO of Lotto BW. "Through this newly formed
partnership, we look forward to working closely with IGT to
research, analyze and develop engaging games for our players and
that will drive responsible growth for our business."
"The entire German market, and specifically Baden-Württemberg
as the third-largest federal state, offers great potential for
instant ticket growth," said Jay
Gendron, IGT Chief Operating Officer, Global Lottery.
"IGT's Instants Advantage program coupled with our in-depth
analysis capabilities will deliver customized insights and support
Lotto BW's goal of providing a superior experience for its players
and contributing to good causes within the state."
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
The trademarks and/or service marks used herein are either
trademarks or registered trademarks of IGT, its affiliates or its
licensors.
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SOURCE International Game Technology PLC