LONDON, June 22, 2017 /PRNewswire/ -- International
Game Technology PLC (NYSE: IGT) announced that its subsidiary, IGT
Global Solutions Corporation (with International Game Technology
PLC, hereinafter "IGT" or "the Company"), has been awarded a
seven-year base contract to provide the West Virginia Lottery with
a wide array of products including a new draw-based central system,
new lottery terminals, a redundant, multi-technology communications
network, and ongoing services. The contract, which is expected to
commence on June 28, 2018, allows for
three one-year renewal options and is the result of a competitive
procurement. Additionally, IGT recently signed a four-year contract
with the West Virginia Lottery to provide 100 percent of the
Lottery's instant ticket printing business, also following a
competitive cost bidding process. The West Virginia Lottery has
been a valued lottery partner to IGT since 2009.
"We are excited to customize our global customer experience
and retailer and player insights into a fully integrated service
approach for the West Virginia Lottery," said Jay Gendron, IGT Senior Vice President, WLA
North America Lottery. "We have designed our products and
services to assist the Lottery in achieving its sales and will work
to improve growth and sustain profitability. We appreciate
the Lottery's continued confidence in IGT, and are proud to be a
partner in the commitment of our customer to maximize returns for
their good causes including West
Virginia seniors, education, and tourism."
Under the terms of the lottery system contract, the West
Virginia Lottery will receive several components of IGT's Aurora™
platform including Aurora Navigator back-office applications for
Lottery personnel that will help them better manage their business
and enhance productivity. The Lottery will also receive IGT's
Aurora Performance Intel solution, a comprehensive business
intelligence and analytics tool that provides actionable insights.
IGT's Aurora Retailer Wizard solution offers a secure website for
West Virginia Lottery retailers to more effectively manage their
businesses, interact with the Lottery, and drive results. Aurora
OnePlace provides Lottery field sales personnel more effective
tools for sales and inventory management at retail locations.
The West Virginia Lottery will also receive IGT's full function
Altura™ Flex draw-based lottery terminal offering a smaller
footprint to optimize retail space, while continuing to offer a
highly configurable platform derived from the Altura GT1200. A new
reader for play slips is designed to reduce maintenance cycles and
improve throughput. A high-resolution wide-screen retailer display
will enhance the ease of use and productivity of retailers.
IGT's Aurora™ MultiMedia in-store signage allows for the
transmission and management of West Virginia Lottery information,
advertisements, and promotions directly to players at the
point-of-sale. The Lottery will also receive an enhanced
communications solution for over half of its retailer network with
IGT's patented Dual Comm Inside, an innovative pairing of
next-generation VSAT technology with 4G cellular, to offer the
highest network availability in the lottery industry.
IGT will maintain its primary and backup data centers in
West Virginia, providing services
to the West Virginia Lottery including installation and maintenance
of the new system platform, terminals, and communications network;
retailer training; field services; telemarketing sales and
services; and instant ticket warehousing and distribution.
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 earnings per
share of International Game Technology PLC for the current or any
future financial years will necessarily match or exceed the
historical published earnings per share 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 IGT