LONDON, Dec. 12, 2018 /PRNewswire/ -- International
Game Technology PLC (IGT) (NYSE: IGT) announced that its subsidiary
IGT Global Solutions Corporation (hereinafter "IGT"), will extend
its contract with the Tennessee Education Lottery Corporation. The
Lottery's Board of Directors authorized the Lottery to exercise
three out of seven extension years of its original contract.
Pursuant to the extension, IGT will provide GameTouch™ 20 terminals
and additional Keno-To-Go products. The extension will run through
June 30, 2025.
The GameTouch 20 is IGT's newest self-service lottery vending
machine, built specifically to meet big box retailer requirements.
In addition to the GameTouch 20s, IGT will provide additional
self-service lottery machines and Keno monitors and video
controller units, giving lottery players greater game awareness of
the Lottery's Keno-to-Go product in social environments throughout
Tennessee.
"By installing the GameTouch 20 terminals into some of our
biggest retailers in the state, IGT is helping us expand our sales
footprint and attract new players with its latest innovations,"
said Rebecca Hargrove, Tennessee
Education Lottery Corporation President and CEO. "We are
excited to implement IGT's latest self-service vending machines and
for the benefits it brings to our retailers and players. We look
forward to continuing our valued partnership for years to
come."
"We are committed to the Tennessee Lottery's long-term growth
strategy, and as part of this contract extension, we will provide
further convenience for retailers and players through the new
GameTouch 20 vending machines and expanded Keno products," said
Jay Gendron, IGT Chief Operating
Officer, Lottery. "IGT has delivered cutting-edge lottery
products and solutions to the Tennessee Lottery since the Lottery's
inception in 2004, and has helped the Lottery return more than
$4.7 billion to educational programs
in the state. We are very pleased to be able to continue to work
together to achieve its goals."
IGT also provides the Tennessee Lottery with lottery central
systems, data center operations, network and field services, retail
sales and support, call center, and marketing services.
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 Digital 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 more than 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,
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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, 2017 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 financial performance of the Company for
the current or any future financial years will necessarily match or
exceed the historical published financial performance of the
Company, 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, (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