New York-listed lottery and gaming supplier International Game Technology (IGT) has agreed a five-year contract extension with the Kentucky Lottery Corporation.
The Kentucky Lottery has exercised the five one-year extension options in their original agreement to enable IGT to provide new self-service lottery vending machines and updated technology through to 9 July 2026.
IGT will provide the lottery with an additional 575 GameTouch self-service vending machines and update approximately 1,400 existing GameTouch machines with cashless functionality.
The supplier already provides the Kentucky Lottery Corporation with facilities management, field services, call center services and marketing support.
“The Kentucky Lottery Corporation looks forward to continuing the innovation and growth we have experienced with IGT since the Lottery began in 1989,” said Kentucky Lottery Corporation president and CEO Tom Delacenserie. “IGT's forward-thinking products and solutions have delivered convenience to our retailers and players for the last 30 years, and we're pleased to continue our longstanding partnership in the years to come.”
IGT chief operating officer for lottery, Jay Gendron, commented: “IGT leads the global gaming industry by focusing our innovations in content and platform technology that delivers an outstanding player experience.
“Through this contract extension with the Kentucky Lottery Corporation, we will be adding IGT's convenient cashless feature to existing self-service vending machines to help the lottery attract a new demographic of players and maximize sales growth."
Shares in International Game Technology plc (NSQ:IGT) closed up 3.75 per cent at $14.12 per share in New York Monday.