International Game Technology (IGT) has secured a long-term contract to provide new products and solutions to the Colorado Lottery, including its Aurora central lottery system.
The seven-year agreement with subsidiary IGT Global Solutions Corporation runs through July 2032, and includes seven one-year extension options.
As part of the new contract, the Colorado Lottery will receive IGT’s Aurora central system, replacing the current lottery central system.
IGT will also upgrade all lottery retailer equipment across the state and deploy a new mobile convenience app featuring Scan and Redeem functionality, enabling lottery players to scan a draw-based or instant scratch ticket with their mobile app to redeem winnings directly into their linked bank account, via automated clearing house (ACH) transfer.
“We are looking forward to replacing our current equipment with IGT’s most advanced technology, providing more convenient options for players and achieving continued sales growth and funding Colorado’s great outdoors,” said Colorado Lottery director Tom Seaver.
IGT chief operating officer for Global Lottery Jay Gendron commented: “IGT is thrilled to continue working with the Colorado Lottery and delivering high-performing products that will contribute to growing its business.
“OMNIA, along with the upgrades to retailer equipment and new mobile convenience app, will provide the Lottery with actionable data and tools to manage daily operations and offer players with enhanced retail and mobile experiences.”
Shares in International Game Technology plc (NYSE:IGT) closed 0.05 per cent higher at $20.00 per share in New York Monday, and were 1.65 per cent higher in after hours trading at $20.33 per share.