IGT Signs Seven-year Contract Extension With The California Lottery To Provide Leading-Edge Technology Through October 2026
LONDON, Oct. 2, 2017 /PRNewswire/ -- International Game Technology PLC ("IGT PLC") (NYSE:IGT) announced that its wholly-owned subsidiary, IGT Global Solutions Corporation (the "Company" and collectively with IGT PLC, "IGT"), has agreed with the California Lottery to extend its existing contract for seven years, through October 31, 2026. An IGT customer since 1986, the California Lottery is the second largest lottery in the United States, generating approximately $91.4 billion in sales, and contributing nearly $31 billion to public education since its inception in 1985.
"IGT and the California Lottery have enjoyed a long and successful partnership for more than three decades. We have assisted the Lottery in increasing sales and funds for education exponentially over the past several years, including in its most recent audited fiscal year with lottery sales of $6.276 billion and $1.587 billion returned to education," said Jay Gendron, IGT Senior Vice President, WLA North America Lottery. "We look forward to using this opportunity to further strengthen our partnership with the California Lottery and its retailers through the deployment of leading-edge solutions."
Under the extension, IGT will provide its industry-leading Aurora™ system platform to the California Lottery, providing it with a comprehensive set of new tools and applications to support the Lottery's player and retailer base, and enhance the back-office suite. This new platform includes:
The Company will continue to provide ongoing services to the Lottery such as support and maintenance of the central system, communications network, and more than 140,000 points-of-sale in over 22,000 retailer locations; field services; marketing and research services; consumables; and call center support.
"IGT and the California Lottery have enjoyed a long and successful partnership for more than three decades. We have assisted the Lottery in increasing sales and funds for education exponentially over the past several years, including in its most recent audited fiscal year with lottery sales of $6.276 billion and $1.587 billion returned to education," said Jay Gendron, IGT Senior Vice President, WLA North America Lottery. "We look forward to using this opportunity to further strengthen our partnership with the California Lottery and its retailers through the deployment of leading-edge solutions."
Under the extension, IGT will provide its industry-leading Aurora™ system platform to the California Lottery, providing it with a comprehensive set of new tools and applications to support the Lottery's player and retailer base, and enhance the back-office suite. This new platform includes:
- Aurora Navigator, a new user-friendly, back-office suite that will provide the tools the California Lottery will require to manage its business and maximize productivity;
- OpenRetail, a new retail solution software architecture that will enable the California Lottery to deploy a single terminal application across multiple types of retailer devices, reducing complexity and time to market, and creating new retailer expansion opportunities; and
- Performance Wizard, a comprehensive, dashboard-driven solution for analytics and business intelligence.
The Company will continue to provide ongoing services to the Lottery such as support and maintenance of the central system, communications network, and more than 140,000 points-of-sale in over 22,000 retailer locations; field services; marketing and research services; consumables; and call center support.