Oregon Lottery becomes first U.S. lottery to provide VLT player accounts

LONDON, Oct. 10, 2022 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced today that it will provide the Oregon Lottery with IGT's video lottery account-based cashless solutions via its INTELLIGEN™ central system. The Oregon Lottery will enable the account-based cashless technologies on the more than 11,500 video lottery terminals (VLTs) throughout the state.

"Through the deployment of IGT's account-based solution, Oregon Lottery VLT players will gain the ability to save large winnings to player accounts for redemption, removing the need for paper tickets which can be lost or stolen," said Barry Pack, Oregon Lottery Director."It's also another small step towards knowing more about who plays our games which is a long-term goal of ours."

"The Oregon Lottery operates one of the most successful VLT programs in North America and the integration of IGT's INTELLIGEN cashless solutions will enable many player benefits while offering flexibility to meet evolving market expectations and regulations," said Ryan Reddy, IGT SVP, Global Product Management, VLT Systems, Payments and Poker."As the demand for cashless technology has grown tremendously over the last two years, IGT applauds the Oregon Lottery's continued forward-thinking approach to evolve with industry innovations while maximizing contributions to good causes in the state."

IGT's account-based functionality seamlessly integrates with the INTELLIGEN central system that connects all lottery VLTs in Oregon. The functionality enables the Oregon Lottery to build a website where players can create accounts and speed the redemption of winning video lottery tickets.

In addition, while Oregon Lottery is focusing on the claims process, IGT's account-based functionality can be leveraged to offer players additional opportunities, such as IGT's proprietary IGTPay™ payment gateway that enables secure and compliant external funding options. With this payment gateway, players can use a personal device to fund their accounts from a range of sources.

For more information about IGT's cashless solutions, visit IGT.com and follow us on Facebook, LinkedIn, and Twitter, or watch IGT videos on YouTube.

About IGT

IGT (NYSE:IGT) is a global leader in gaming. We deliver entertaining and responsible gaming experiences for players across all channels and regulated segments, from Lotteries and Gaming Machines 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 10,500 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, 2021 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 06 5189 9184; for Italian media inquiries
James Hurley, Investor Relations, +1 (401) 392-7190

© 2022 IGT

The trademarks and/or service marks used herein are either trademarks or registered trademarks of IGT, its affiliates or its licensors.

 View original content to download multimedia:https://www.prnewswire.com/news-releases/igt-enhances-player-security-in-oregon-with-video-lottery-digital-prize-redemption-301644228.html

SOURCE International Game Technology PLC