Lottery News

International Game Technology’s wholly owned subsidiary GTECH Corporation has signed a five-year extension to continue supplying the Maryland Lottery and Gaming Control Commission with its central monitoring and control system for the existing video lottery terminal (VLT) programme.

The extension will see GTECH continue to provide its INTELLIGEN central monitoring and control system at the state’s five licensed venues.

This includes the Hollywood Casino Perryville, The Casino at Ocean Downs, Maryland Live! Casino, Rocky Gap Resort and Casino, and Horseshoe Casino Baltimore.

As part of the extension agreement ,GTECH will also provide technology and services to connect the VLTs at the state’s sixth licensed venue, the MGM National Harbour. The venue is set to open in the third or fourth quarter of 2016.

“We have built a strong partnership with the Maryland Lottery and Gaming Control Commission since this contract began in 2010, and we couldn't be more pleased to extend the relationship,” IGT’s chief executive of its North American lottery business Michael Chambrello said.

“We have also gained a deep understanding of the VLT landscape in Maryland over the past five years, and welcome this new opportunity to assist the Commission in expanding its VLT program and supporting its next phase of growth,” he explained.

Shares in International Game Technology plc (Co. Data) (NASDAQ:IGT) closed at $17.95 per share in New York Monday.