IGT Announces Agreement to Sell 1,250 Historical Horse Racing Machines to Churchill Downs Incorporated
LONDON, June 8, 2020 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced today that it has entered into an agreement to sell 1,250 historical racing machines ("HRMs") to Churchill Downs Incorporated ("CDI"). The HRMs will operate on Ainsworth Game Technology's proprietary HHR platform and will feature many player-favorite themes on some of IGT's highest performing hardware.
HRMs are approved by the Kentucky Horse Racing Commission and utilize the results of previously run, live horse races to generate player outcomes.
CDI will utilize the IGT HRMs at their Kentucky gaming facilities including Derby City Gaming in Louisville, Oak Grove Racing, Gaming & Hotel in Oak Grove when it opens in September 2020, Newport Racing & Gaming in Newport when it opens in early fourth quarter 2020 and future facilities.
"CDI is excited to introduce IGT's HRMs with their top-rated themes to our venues and players," said Austin Miller, CDI Senior Vice President, Gaming Operations. "IGT's vast content library and reputation for delivering world-class products aligns with our commitment to delivering premier gaming and entertainment experiences to our guests."
"We believe offering IGT's content and hardware with our proven HHR platform will elevate the player experience in Kentucky," said Ryan Comstock, Ainsworth Chief Operating Officer. "Having an industry-leader such as IGT partner with us helps to validate the relevance of and bright future for this exciting part of the gaming market."
"Adding HRMs to IGT's vast portfolio further strengthens our position as an end-to-end solutions provider and creates new opportunities to help drive our customers' growth," said Nick Khin, IGT Chief Operating Officer, Gaming. "Our HRMs will be offered on some of our top-performing hardware including the CrystalDual 27, CrystalSlant and CrystalCurve cabinets, and will leverage some of the most recognizable themes in the gaming industry such as Fortune Coin, Griffin's Throne and Stinkin' Rich."
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IGT (NYSE:IGT) is the global leader in gaming. We deliver entertaining and responsible gaming experiences for players across all channels and regulated segments, from Gaming Machines and Lotteries to Sports Betting and Digital. Leveraging a wealth of compelling content, substantial investment in innovation, player insights, operational expertise, and leading-edge technology, our solutions deliver unrivaled gaming experiences that engage players and drive growth. 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 approximately 12,000 employees. For more information, please visit www.igt.com.
About Churchill Downs Incorporated
Churchill Downs Incorporated is an industry-leading racing, online wagering and gaming entertainment company anchored by our iconic flagship event - The Kentucky Derby. We own and operate Derby City Gaming, a historical racing machine facility in Louisville, Kentucky. We also own and operate the largest online horse racing wagering platform in the U.S., TwinSpires.com, and we operate sports betting and iGaming through our BetAmerica platform in multiple states. We are also a leader in brick-and-mortar casino gaming with approximately 11,000 slot machines and video lottery terminals and 200 table games in eight states. Additional information about CDI can be found online at www.churchilldownsincorporated.com.
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SOURCE International Game Technology PLC