IGT, Rhode Island Lottery Ink 20-Year Deal

lottery 3846567 1920International Game Technology and the Rhode Island Lottery announced a 20-year extension of their partnership.

In June, Gov. Dan McKee signed legislation, passed by the Rhode Island General Assembly the previous month, authorizing the Lottery to enter into the extension.

IGT will remain the exclusive supplier of lottery, iLottery, instant ticket, and video lottery solutions and services through 2043. The technology company also said it committed to 1,100 jobs and $155 million in investments in Rhode Island

“The Rhode Island Lottery has partnered with IGT since the early days of both businesses and has benefited from piloting numerous IGT innovations over the years, including exciting iLottery solutions and sophisticated new ways of ticket printing that are now part of our growing portfolio,” said Mark Furcolo, Rhode Island Lottery Director.

Lottery gambling is Rhode Island’s third-largest revenue stream.

“IGT’s history is rooted in Rhode Island as the company is one if its most successful high-tech startups, with the Rhode Island Lottery being our very first customer,” said Jay Gendron, IGT Chief Operating Officer, Global Lottery.

IGT is planning upgrades to Rhode Island Lottery systems for retail sales. IGT will also upgrade the Lottery’s iLottery system in 2023.

Also, in 2025, IGT will replace the Lottery’s video lottery central system connecting all of the video lottery terminals at the state’s two casinos — Bally’s Twin River and Bally’s Tiverton — operated by the Lottery.

IGT said it is involved with 75% of the U.S. lottery market.

 

 

 

Author: wpadmin

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