LONDON, Sept. 6, 2019 /PRNewswire/ -- International
Game Technology PLC (NYSE: IGT) announced that its subsidiary, IGT
Global Solutions Corporation (hereinafter "IGT"), signed a
seven-year contract with the Mississippi Lottery Corporation to
provide it with a draw-based central system, lottery terminals, and
additional services. IGT signed an additional seven-year contract
to supply the production of instant tickets, secure warehousing,
and distribution of games. IGT was selected as the preferred bidder
for both contracts following the State's competitive procurement.
The two contracts have commenced and allow for up to three one-year
extensions. The Mississippi Lottery Corporation is expected to sell
the first ticket no later than December 1,
2019.
"IGT's experience with providing leading technology,
solutions, and services to startup lotteries is unparalleled,
having helped 10 lotteries successfully begin their businesses in
the U.S. since 1990. IGT will leverage our decades of experience
and industry insights to help drive the success of the Mississippi
Lottery Corporation, and to introduce compelling lottery
entertainment throughout the State," said Jay Gendron, IGT Chief Operating Officer,
Lottery. "IGT is committed to supporting the Lottery's short
and long-term growth objectives by providing customized,
high-performing back-office systems, tools that foster retailer and
player engagement, strategic instant ticket development and
production, and technology, games, and marketing support that
establishes the Lottery as a reputable brand."
"We are thrilled to have IGT on board with the Mississippi
Lottery Corporation," said Tom
Shaheen, Mississippi Lottery Corporation President.
"We look forward to partnering with them in our effort as we
pursue our mission of raising funds for roads and bridges
throughout Mississippi."
The Mississippi Lottery Corporation will receive IGT's Aurora
Platform and Retailer Pro, IGT's fastest and most innovative
retailer-friendly draw-based lottery terminal. IGT's Retail Digital
Media advertising display solution will be provided to stimulate
brand awareness, winner awareness, and player recognition of
jackpots and game activities, directly at the point-of-sale. The
Lottery will leverage IGT's self-service point-of-sale devices
including a combination of the GameTouch™ 28 vending machine for
players to purchase instant tickets and the GameTouch™ 20 compact
vending machine.
As part of the instant ticket contract, IGT will implement its
complete instant game supply chain solution, Instant Advantage™,
which includes a tailored and strategic approach to the way IGT
will design and print instant ticket games for the Lottery. Secure
warehousing and distribution of instant tickets to lottery
retailers will also be provided.
IGT will also deliver marketing support, field services, primary
and back up data centers, call center operations, software support,
and retailer training.
IGT has maintained a presence in Mississippi since 1992 through its gaming
operation and helped open the first casino in the State. Along with
hiring new employees from Mississippi, IGT will open a local office and
a warehouse in the Greater Jackson
area near the Mississippi Lottery Corporation headquarters to
ensure collaboration, maximize efficiency, and address
opportunities.
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 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, 2018 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:
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 3485475493; for
Italian media inquiries
James Hurley, Investor Relations, +1
(401) 392-7190
© 2019 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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