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LONDON, U.K. – Sept. 12, 2017 – International Game Technology PLC (NYSE: IGT) announced that its subsidiary, IGT Global Solutions Corporation (with International Game Technology PLC, hereinafter “IGT”), has agreed to a contract amendment with the Virginia Lottery for the provision of new mobile products and digital services. IGT’s Player Direct Core solution will include a mobile application, PlaySpot™ solution, player loyalty, mobile draw-based iKeno, mobile based eInstants, and customer service support.
This new digital platform includes a player-friendly mobile app which allows Virginia Lottery players to play exciting new digital games at Lottery-licensed retail locations. The Virginia Lottery intends to scale the solution within current retail trade styles, as well as expand into new and non-traditional retail environments where lottery products are not currently available. The Lottery retail and sales team will partner with IGT to identify growth and innovative expansion opportunities.
“The Virginia Lottery’s business strategy continues to focus on digital efforts both directly to the consumer on valottery.com and with our valuable retail partners,” said Paula Otto, Executive Director of the Virginia Lottery. “We recently worked with IGT to roll out all new equipment at our 5,300 retailers. Adding these new mobile and digital capabilities will help us to continue to drive sales and profits for K-12 public education while promoting responsible play.”
“IGT is pleased to participate in the Virginia Lottery’s growth since 2000, and assist them in expanding retail growth opportunities with this new innovative product to bring digital games to retail,” said Jay Gendron, IGT Senior Vice President, WLA North America Lottery.
Players will be able to register, create a mobile wallet, earn rewards, and receive push notifications. The Lottery will expand its impressive registered player base through PlaySpot and its full range of digital games to be sold while Bluetooth is connected to the Lottery retail network.
About IGT
IGT (NYSE: IGT) is the global leader in gaming. We enable players to experience their favorite games across all channels and regulated segments, from Gaming Machines and Lotteries to Interactive and Social Gaming. Leveraging a wealth of premium content, substantial investment in innovation, in-depth customer intelligence, operational expertise and leading-edge technology, our gaming solutions anticipate the demands of consumers wherever they decide to play. We have a well-established local presence and relationships with governments and regulators in more than 100 countries around the world, and create value by adhering to the highest standards of service, integrity, and responsibility. IGT has over 12,000 employees. For more information, please visit www.IGT.com.
About the Virginia Lottery
When it comes to education, the Virginia Lottery is game. The agency generates more than $1.5 million per day for Virginia’s K-12 public schools. Operating entirely on revenue from the sale of Lottery products, the Virginia Lottery generated more than a half-billion dollars for Virginia’s public schools in Fiscal Year 2017.
Cautionary Statement Regarding Forward-Looking Statements
This news release may contain forward-looking statements (including within the meaning of the Private Securities Litigation Reform Act of 1995) concerning International Game Technology PLC and its consolidated subsidiaries (the “Company”) and other matters. These statements may discuss goals, intentions, and expectations as to future plans, trends, events, dividends, results of operations, or financial condition, or otherwise, based on current beliefs of the management of the Company as well as assumptions made by, and information currently available to, such management. Forward-looking statements may be accompanied by words such as “aim,” “anticipate,” “believe,” “plan,” “could,” “would,” “should,” “shall”, “continue,” “estimate,” “expect,” “forecast,” “future,” “guidance,” “intend,” “may,” “will,” “possible,” “potential,” “predict,” “project” or the negative or other variations of them. These forward-looking statements speak only as of the date on which such statements are made and are subject to various risks and uncertainties, many of which are outside the Company’s control. Should one or more of these risks or uncertainties materialize, or should any of the underlying assumptions prove incorrect, actual results may differ materially from those predicted in the forward-looking statements and from past results, performance, or achievements. Therefore, you should not place undue reliance on such statements. Factors that could cause actual results to differ materially from those in the forward-looking statements include (but are not limited to) the factors and risks described in the Company’s annual report on Form 20-F for the financial year ended December 31, 2016 and other documents filed from time to time with the SEC, which are available on the SEC’s website at www.sec.gov and on the investor relations section of the Company’s website at www.IGT.com. Except as required under applicable law, the Company does not assume any obligation to update these forward-looking statements. You should carefully consider these factors and other risks and uncertainties that affect the Company’s business. Nothing in this news release is intended, or is to be construed, as a profit forecast or to be interpreted to mean that the financial performance of International Game Technology PLC for the current or any future financial years will necessarily match or exceed the historical published financial performance of International Game Technology PLC, as applicable. All forward-looking statements contained in this news release are qualified in their entirety by this cautionary statement. All subsequent written or oral forward-looking statements attributable to International Game Technology PLC, or persons acting on its behalf, are expressly qualified in its entirety by this cautionary statement.
Contact:
Robert K. Vincent, Corporate Communications, toll free in U.S./Canada (844) IGT-
7452; outside U.S./Canada (401) 392-7452
James Hurley, Investor Relations, (401) 392-7190
Simone Cantagallo, (+39) 06 51899030; for Italian media inquiries
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