INTERNATIONAL GAME TECHNOLOGY PLC REPORTS THIRD QUARTER 2022 RESULTS

"That $56 million increase in Scratch-off sales was thanks to a continued focus on marketing and sales strategies," said Tom Delacenserie, president and CEO of the Kentucky Lottery.  "Coming off a record year in FY18 with this kind of a sales jump in FY19 is a massive accomplishment by any set of metrics," said Delacenserie. "Equally impressive is the dedication and commitment to excellence shown by the entire Kentucky Lottery staff and our retail partners across the Commonwealth. I'm proud of what we've been able to accomplish."

"Scratch-offs continue to be the area where we believe significant growth will occur," said Kentucky Lottery President and CEO Tom Delacenserie. "We'll continue our focus on new product launches including a second $30 Scratch-off, increasing marketing and media support, and maximizing operational and field efficiencies through best practices. We'll also continue our work to expand awareness on the positive effects Lottery proceeds have on education in the Commonwealth, as this is a great story to tell and one in which we take immense pride."

New investors include PROOF and gaming industry veteran Gavin Isaacs. Existing investors BlueRun Ventures, Bullpen Capital, Conductive Ventures, DCM Ventures, Digital Currency Group, former NBA Commissioner David Stern and Subversive Capital also participated

Olli Sarekoski, Veikkaus President and CEO: ”Veikkaus’ year 2019 had a good start in terms of business. The result was affected especially by a Lotto jackpot, which rolled over for six weeks in a row. February also brought with it the biggest jackpot won in Lotto’s entire history, EUR 15.5 million.

"Our results for the quarter were in line with our guidance, driven by solid participation revenue, growth in Virtual Sports, and reduced overhead expenses," said Lorne Weil, Executive Chairman of Inspired Entertainment. "Most importantly, our high-margin Virtual Sports business, which includes Interactive, delivered a great underlying performance, increasing 11.0% on a functional currency basis."

Barry Cottle, President and Chief Executive Officer of Scientific Games, said, "We are incredibly proud that we have continued to build on our momentum and are looking forward to the year ahead. We are focused on effectively operating our businesses, reducing costs and building upon the strong foundation for profitable growth that we see today. Last week, we successfully took SciPlay public as a new company, which accelerates our ability to pay down debt. All of these actions support our steadfast commitment to smartly grow our business, drive free cash flow and create meaningful value for our stakeholders."