IGT Extends Contract to Provide Instant Ticket Services to the Texas Lottery Commission
LONDON, Oct. 30, 2018 /PRNewswire/ -- International Game Technology PLC (IGT) (NYSE: IGT) announced that its subsidiary IGT Global Solutions Corporation (with International Game Technology PLC, hereinafter "IGT"), has signed a six-year contract extension with the Texas Lottery Commission ("Texas Lottery") to continue printing instant tickets. The extension will run through August 31, 2024.
IGT and the Texas Lottery have worked together to develop key product strategies which have enhanced the Lottery's portfolio of games and delivered increased sales. Texas was the first jurisdiction in the U.S. to launch IGT's Super Ticket™, offering players the chance to play multiple games on a single, oversized instant ticket. In collaboration with the Texas Lottery, IGT also developed the successful Loteria line at the $3, $5, and $10 price points, with a $20 "Million Dollar Loteria" ticket scheduled to launch in November.
"IGT and the Texas Lottery Commission have established a valuable partnership since the Lottery's inception in 1992, and IGT looks forward to furthering our longstanding relationship through this contract extension," said Jay Gendron, IGT Chief Operating Officer, Lottery. "Together with the Lottery, we will continue to deliver innovative games to Texas Lottery players to help increase sales, attract new players, and maximize contributions for education and Veterans."
In addition to instant tickets, IGT provides the Texas Lottery with lottery central systems, data center operations, field sales organization, retail sales and support, warehouse and distribution, call center, and marketing services.