New York-listed supplier International Game Technology (IGT) has secured a ten-year contract extension to provide new lottery technology and ongoing services to the Michigan Lottery.
The agreement with the company’s IGT Global Solutions subsidiary runs until January 2031, extending a collaboration with the lottery that stretches back thirty years.
"We are pleased to continue our relationship with the Michigan Lottery, one that dates back to 1988," said Jay Gendron, IGT chief operating officer, Lottery. "As one of the most successful lotteries in the United States, the Michigan Lottery continues to achieve record sales and contributions to the Michigan School Aid fund, its beneficiary.
“We look forward to providing industry-leading technology that will assist the Michigan Lottery in managing and growing its business now and in the years ahead."
Under the terms of the contract extension, IGT will provide the Michigan Lottery with innovative tools from its Aurora platform, including Aurora Navigator and several of the supplier’s BizApps lottery applications.
IGT's new Retailer Pro terminals will replace the 11,550 existing lottery terminals, while WinCheck ticket checkers will also be installed in retail locations, allowing players to easily check whether their tickets are winners. In addition, the lottery will receive 2,100 GameTouch self-service touch-screen lottery vending machines.
Shares in International Game Technology plc (NSQ:IGT) closed in New York Thursday down 3.38 per cent at $22.85 per share.