“We have forged a strong connection with IGT through the years, and the company’s support and innovation have helped us achieve record years of scratch-ticket sales,” said Terry Rich, Iowa Lottery CEO. “We’re pleased to continue this working relationship.” “Since our partnership began in 2015, IGT and the Iowa Lottery have worked together to launch successful instant games including the $10 Super Triple 777s which is the strongest performing $10 game since its launch in January 2016,” said Jay Gendron, IGT COO, Lottery.
IGT RECEIVES NOTICE OF INTENT TO AWARD INSTANT-TICKET PRINTING CONTRACT FROM THE IOWA LOTTERY
LONDON, U.K. – July 16, 2018 – IGT announced that it has received notice of intent to award an instant-ticket printing contract by the Iowa Lottery.
Upon successful completion of negotiations, IGT will continue to provide instant-ticket services for the Iowa Lottery including game planning and marketing, research and analytics, graphics support, and the production and printing of instant tickets through December 2020.
The proposed contract also allows for four one-year renewal options.
“We have forged a strong connection with IGT through the years, and the company’s support and innovation have helped us achieve record years of scratch-ticket sales,” said Terry Rich, Iowa Lottery CEO.
“We’re pleased to continue this working relationship.” “Since our partnership began in 2015, IGT and the Iowa Lottery have worked together to launch successful instant games including the $10 Super Triple 777s which is the strongest performing $10 game since its launch in January 2016,” said Jay Gendron, IGT COO, Lottery. “We will continue to work with the Lottery to deliver tailored instant ticket lottery solutions to assist in creating the maximum amount of revenue to fund the good causes in Iowa.”
Instant tickets produced for the Iowa Lottery since 2015 have contributed $68 million in sales to assist the Lottery in their support of the Iowa Veterans Trust Fund; a variety of significant projects through the state General Fund; and the Vision Iowa program, which was implemented to create tourism destinations and community attractions in the state and build and repair schools.
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 Interactive 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, 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. 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, toll free in U.S./Canada (844) IGT7452; outside U.S./Canada (401) 392-7452 James Hurley, Investor Relations, (401) 392-7190 Simone Cantagallo, (+39) 06 51899030; for Italian media inquiries