IGT extends Kentucky Lottery partnership until 2036
27th October 2023 10:35 am GMT
New York-listed International Game Technology (IGT) has extended two of its agreements with the Kentucky Lottery for a further ten years, with both contracts now running through to 2036.
Under the terms of the contract extensions, IGT will upgrade the Kentucky Lottery's central system to its Aurora platform, deliver new point-of-sale hardware for 3,400 lottery retailers across the state, and deploy an upgraded iLottery system that includes cloud integration.
“The Kentucky Lottery has partnered with IGT since operations first began and we have continued to look for ways, in partnership with IGT, to modernize our offerings over the last 30-plus years,” said Kentucky Lottery Corporation president and CEO Mary Harville. “Enhancing our lottery solutions with IGT's retail and iLottery systems and convenient self-service retail terminals will provide more opportunities for us to responsibly grow our sales and return additional funds for scholarships and grants for Kentucky college students.”
IGT chief operating officer for global lottery Jay Gendron commented: “The Kentucky Lottery has always been at the forefront of lottery innovation and IGT is pleased to continue supporting these modernization efforts.
“IGT's future-forward mindset and next-generation product portfolio are critical in today's evolving lottery space. Over the next 10 years, we will build upon our longstanding partnership with the Kentucky Lottery and deploy our sophisticated technology to further enhance the player experience.”
IGT senior vice president of global iLottery Srini Nedunuri added: “In 2016, the Kentucky Lottery became one of IGT's first US customers to launch an iLottery program. Since then, IGT has worked with the Kentucky Lottery to triple the number of online draw games available to players, as well as provide a vast portfolio of compelling eInstant games.
“IGT's cloud-based iLottery platform will offer the Lottery more flexibility, increased analytics and a full suite of advanced player-management features and responsible gaming tools.”
Shares in International Game Technology plc (NYSE:IGT) closed 8.59 per cent lower at $25.76 per share in New York Thursday.
