Oregon Lottery becomes first U.S. lottery to
provide VLT player accounts
LONDON, Oct. 10,
2022 /PRNewswire/ -- International Game Technology
PLC ("IGT") (NYSE: IGT) announced today that it will provide the
Oregon Lottery with IGT's video lottery account-based cashless
solutions via its INTELLIGEN™ central system. The Oregon Lottery
will enable the account-based cashless technologies on the more
than 11,500 video lottery terminals (VLTs) throughout the
state.
"Through the deployment of IGT's account-based solution,
Oregon Lottery VLT players will gain the ability to save large
winnings to player accounts for redemption, removing the need for
paper tickets which can be lost or stolen," said
Barry Pack, Oregon Lottery
Director. "It's also another small step towards knowing more
about who plays our games which is a long-term goal of
ours."
"The Oregon Lottery operates one of the most successful VLT
programs in North America and the
integration of IGT's INTELLIGEN cashless solutions will enable many
player benefits while offering flexibility to meet evolving market
expectations and regulations," said Ryan Reddy, IGT SVP, Global Product Management,
VLT Systems, Payments and Poker. "As the demand for cashless
technology has grown tremendously over the last two years, IGT
applauds the Oregon Lottery's continued forward-thinking approach
to evolve with industry innovations while maximizing contributions
to good causes in the state."
IGT's account-based functionality seamlessly integrates with the
INTELLIGEN central system that connects all lottery VLTs in
Oregon. The functionality enables
the Oregon Lottery to build a website where players can create
accounts and speed the redemption of winning video lottery
tickets.
In addition, while Oregon Lottery is focusing on the claims
process, IGT's account-based functionality can be leveraged to
offer players additional opportunities, such as IGT's proprietary
IGTPay™ payment gateway that enables secure and compliant external
funding options. With this payment gateway, players can use a
personal device to fund their accounts from a range of sources.
For more information about IGT's cashless solutions, visit
IGT.com and follow us on Facebook, LinkedIn, and Twitter, or watch
IGT videos on YouTube.
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 Lotteries and Gaming
Machines 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 10,500 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
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of the date on which such statements are made and are subject to
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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, 2021 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
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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