IGT to Supply 400 New Gaming Machines to NY Lottery
Partnership extended for two years
International Game Technology (IGT) will provide 400 of its new GameTouch self-service gaming machines to the New York Lottery after signing a two-year extension to an existing contract between the two parties.
The partnership, which sees IGT in the role of service and technology provider for the lottery, was negotiated by the IGT Global Solutions Corporation subsidiary. The deal will now remain active until August 2022.
IGT will continue to offer an advanced central system, as well as various services and terminals to the lottery. Services include lottery terminal maintenance and installation, field services, instant ticket distribution and warehousing, plus call center support and retailer training.
IGT building on progress
IGT chief operating officer Jay Gendron said of the extended partnership: “We will do our part to ensure that it continues to set record-breaking sales and maximise its more than $68bn contribution to education in New York.”
He also outlined how IGT is a leader in the global gaming industry that is focused on continually innovating with its content, platform, and hardware technology.
The multinational gaming company recently reported a second-quarter net loss of $279.6m, with revenue dropping 48.4% year-on-year. The decline was largely attributed to the effects of the COVID-19 pandemic on the economy.
Other recent deals
In addition to the New York Lottery deal, IGT has deals in place with a number of other state lotteries across the US. It is partnered with the Virginia Lottery, having helped create its mobile app. Starting July 1, customers in Virginia have been able to buy lottery tickets online. A selection of instant-win games were added to the app offering soon after.
IGT also signed a multi-year agreement earlier this month to power the FanDuel retail sportsbooks across the US until 2024. The partnership, which covers online casino games as well as sports betting options, builds on the two parties’ existing gaming operations in nine states.
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