Cashless module for IGT ADVANTAGE casino management system increases casino liquidity, safety, and operational efficiencies

NEWS PROVIDED BY

International Game Technology PLC 

Oct 13, 2020, 06:45 ET

LONDON, Oct. 13, 2020 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced today that the Company is leading the evolution of casino operations with its Resort Wallet™ cashless solution at the newly reopened Resorts World Catskills Casino and Resort ("Resorts World Catskills") in Monticello, N.Y., a subsidiary of the Genting Group. Resort Wallet gives Resorts World Catskills patrons the option of a contactless, safe, and effortless cashless gaming experience. Players can use their physical Resorts World Catskills Players Club card to load cash into a secure digital wallet from either the casino cashier or any slot machine, and access those funds from any slot machine.

"Today's casino guests are seeking a unique combination of gaming excitement, luxury, convenience, and safety. IGT's Resort Wallet solution will help to ensure that Resorts World Catskills delivers every aspect of its brand promise," said Bob DeSalvio, President of Genting Americas East. "IGT's Resort Wallet cashless gaming solution positions Resorts World Catskills as an innovative technology leader, and keeps safety at the forefront of our operations."

"IGT's Resort Wallet solution gives Resorts World Catskills the early adopter advantage among commercial casinos in the state of New York with the debut of cashless gaming at their property," said Ryan Reddy, IGT Vice President, Global Systems and Payments Products. "Because Resorts World Catskills operates with the latest version of our IGT ADVANTAGE casino management system, a quick and simple remote installation has enabled the casino to benefit from the increased liquidity, efficiencies, player convenience and safety that are only possible with cashless gaming."

The Resort Wallet solution, part of the award-winning IGT ADVANTAGE^® systems Player Experience Product Suite, is available as a turnkey, add-on module for IGT ADVANTAGE casino management system customers who want to give players a cashless wagering option.

Players can benefit from the safety of minimizing cash handling and the convenience of accessing funds anytime. In addition, Resort Wallet minimizes line-ups at kiosks and the cashier to encourage social distancing. The solution also generates greater operational efficiencies by reducing cash handling costs and associated safety and security risks. Cashless play also lessens machine maintenance and results in fewer cash handling errors.

For more information, visit IGT.com, or go to Facebook at facebook.com/IGT, follow us on Twitter at twitter.com/IGTnews, or watch IGT videos on YouTube at youtube.com/igt. 

About IGT
IGT (NYSE:IGT) is the global leader in gaming. We deliver entertaining and responsible gaming experiences for players across all channels and regulated segments, from Gaming Machines and Lotteries 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 12,000 employees. For more information, please visit www.igt.com.

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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 uncertainty of the duration, extent and effects of the COVID-19 pandemic and the response of governments, including government-mandated property closures and travel restrictions, and other third parties on the Company's business, results of operations, cash flows, liquidity and development prospects and the factors and risks described in the Company's annual report on Form 20-F for the financial year ended December 31, 2019 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 to International Game Technology PLC, or persons acting on its behalf, are expressly qualified in their 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
Rhonda Whittaker, Global Communications, +1 (506) 860-6471

© 2020 IGT

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SOURCE International Game Technology PLC

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