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IGT Signs Seven-Year Contract Extension With The Georgia Lottery Corporation To Provide New Lottery Products And Services Through September 11, 2025
[October 31, 2016]

IGT Signs Seven-Year Contract Extension With The Georgia Lottery Corporation To Provide New Lottery Products And Services Through September 11, 2025


LONDON, Oct. 31, 2016 /PRNewswire/ -- International Game Technology PLC (NYSE:IGT) announced that its subsidiary, IGT Global Solutions Corporation (with International Game Technology PLC, hereinafter "IGT"), has signed a seven-year contract extension with the Georgia Lottery Corporation ("Georgia Lottery" or "Lottery") to provide new lottery products and services through Sept. 11, 2025. IGT has partnered with the Georgia Lottery since it first started selling tickets in 1993.

IGT is the global leader in gaming. We enable players to experience their favorite games across all channels and regulated segments, from Gaming Machines and Lotteries to Interactive and Social Gaming. Leveraging a wealth of premium content, substantial investment in innovation, in-depth customer intelligence, operational expertise and leading-edge technology, our gaming solutions anticipate the demands of consumers wherever they decide to play. We have a well-established local presence and relationships...

"IGT and the Georgia Lotteryhave had a long and successful partnership for more than 20 years, and this contract extension is a testament to the mutual cooperation and commitment of the two organizations to increase lottery sales and continue generating record profits for education through the deployment of industry-leading solutions," said Jay Gendron, IGT Senior Vice President, WLA North America Lottery.

 Under the contract extension, IGT will provide the Georgia Lottery with several components of IGT's Aurora™ platform, including Aurora Transaction Engine, Aurora Open Retail, Aurora Retailer Wizard, Aurora Navigator, and Aurora Performance Intel. Aurora Open Retail, a new retail solution software architecture, will enable the Georgia Lottery to support multiple types of retail solution devices in an efficient manner, improving time to market. In addition, the Georgia Lottery will receive Aurora Navigator back-office applications for Lottery personnel, who will now have the ability to customize the look and feel of the interface to meet their exact needs, help them better manage their business, and enhance productivity. The Georgia Lottery will also receive IGT's Aurora Performance Intel solution, a comprehensive business intelligence and analytics tool that provides insights across all sales channels. IGT's Aurora Retailer Wizard solution will provide a secure website for Georgia Lottery retailers to more effectively manage their businesses, interact with the Lottery, and drive results.

In addition to providing the Georgia Lottery with the above-mentioned suite of Aurora platform components, IGT will replace a significant portion of the Georgia Lottery's existing lottery terminal base with IGT's Altura™ Flex lottery terminals, which feature a smaller footprint along with a large high-resolution display for ease of retailer use and the widely-deployed high-speed AccuTherm Ultra printer. IGT will also provide 6,150 Ticket-Scan™ Plus self-service ticket checkers and an equal amount of the Company's latest Aurora MultiMedia digital signage solution will also be deployed, which will help stimulate increased brand awareness, winner awareness, jackpot awareness, and transaction activities. As part of the contract extension, 4,650 new KENO video controller units will be installed by IGT at authorized KENO retailers throughout the state.

Additionally, IGT will provide select Georgia Lottery retailers with the Gemini™ Touch, IGT's new self-service lottery vending machine, which provides ully customizable screens and support for up to 28 instant-ticket games and a configurable number of draw games. The Gemini Touch will also feature a cashless payment option.

Further, a material portion of the existing retailer communications network will be upgraded to the latest advanced generation of satellite technology. Lastly, as part of the contract extension, IGT will provide integration and enhancements to the Georgia Lottery's iLottery player portal on its website.

IGT will continue to provide the Georgia Lottery with ongoing services, including installation and maintenance of the central system components, retailer equipment, and the communications network; data center operations; call center operations; field services; consumables; an end-to-end iLottery program; and marketing and operational support.


The Georgia Lottery recorded a record $4.56 billion in total sales in its fiscal year 2016. As one of the top performing and most efficient lotteries in the world, the Georgia Lottery has raised more than $17.8 billion for the students of Georgia.

About IGT
IGT (NYSE:IGT) is the global leader in gaming. We enable players to experience their favorite games across all channels and regulated segments, from Gaming Machines and Lotteries to Interactive and Social Gaming. Leveraging a wealth of premium content, substantial investment in innovation, in-depth customer intelligence, operational expertise and leading-edge technology, our gaming solutions anticipate the demands of consumers wherever they decide to play. 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 over 12,000 employees. For more information, please visit www.IGT.com.

Cautionary Statement Regarding Forward-Looking Statements
This news release may contain forward-looking statements (including within the meaning of the Private Securities Litigation Reform Act of 1995) concerning International Game Technology PLC and other matters. These statements may discuss goals, intentions and expectations as to future plans, trends, events, dividends, results of operations or financial condition, or otherwise, based on current beliefs of the management of International Game Technology PLC as well as assumptions made by, and information currently available to, such management. Forward-looking statements may be accompanied by words such as "aim," "anticipate," "believe," "plan," "could," "would," "should," "shall," "continue," "estimate," "expect," "forecast," "future," "guidance," "intend," "may," "will," "possible," "potential," "predict," "project" or the negative or other variations of them. These forward-looking statements are subject to various risks and uncertainties, many of which are outside International Game Technology PLC's control. Should one or more of these risks or uncertainties materialize, or should any of the underlying assumptions prove incorrect, actual results may differ materially from those predicted in the forward-looking statements and from past results, performance or achievements. Therefore, you should not place undue reliance on the forward-looking statements. Factors that could cause actual results to differ materially from those in the forward-looking statements include (but are not limited to) the possibility that the businesses of International Game Technology (Nevada) and GTECH S.p.A. will not be integrated successfully, or that the combined companies will not realize estimated cost savings, synergies, growth or other anticipated benefits or that such benefits may take longer to realize than expected; unanticipated costs of integration of International Game Technology (Nevada) and GTECH S.p.A.; the possibility that International Game Technology PLC will be unable to pay future dividends to shareholders or that the amount of such dividends may be less than anticipated; the possibility that International Game Technology PLC may not obtain its anticipated financial results in one or more future periods; reductions in customer spending; a slowdown in customer payments and changes in customer demand for products and services as a result of changing economic conditions or otherwise; unanticipated changes relating to competitive factors in the industries in which International Game Technology PLC operates; International Game Technology PLC's ability to hire and retain key personnel; the impact of the consummation of the business combination on relationships with third parties, including customers, employees and competitors; International Game Technology PLC's ability to attract new customers and retain existing customers in the manner anticipated; reliance on and integration of information technology systems; changes in legislation or governmental regulations affecting International Game Technology PLC, including as a consequence of the announced withdrawal of the U.K. from the EU; international, national or local economic, social or political conditions that could adversely affect International Game Technology PLC or its customers; conditions in the credit markets; changes in the top management team; risks associated with assumptions International Game Technology PLC makes in connection with its critical accounting estimates; the resolution of pending and potential future legal, regulatory or tax proceedings and investigations; and International Game Technology PLC's international operations, which are subject to the risks of currency fluctuations and foreign exchange controls. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties that affect International Game Technology PLC's business, including those described in International Game Technology PLC's annual report on Form 20-F for the financial year ended December 31, 2015 and other documents filed from time to time with the Securities and Exchange Commission (the "SEC"), which are available on the SEC website at www.sec.gov and on the investor relations section of International Game Technology PLC's website at www.IGT.com. Except as required under applicable law, International Game Technology PLC does not assume any obligation to update the forward-looking statements. Nothing in this news release is intended, or is to be construed, as a profit forecast or to be interpreted to mean that earnings per International Game Technology PLC share for the current or any future financial years will necessarily match or exceed the historical published earnings per International Game Technology PLC share, as applicable. All forward-looking statements contained in this news release are qualified in their entirety by this cautionary statement. All subsequent written or oral forward-looking statements attributable to International Game Technology PLC, or persons acting on its behalf, are expressly qualified in their entirety by this cautionary statement.

Contact:
Robert K. Vincent, Corporate Communications,  toll free in U.S./Canada (844) IGT-7452; outside U.S./Canada (401) 392-7452
James Hurley, Investor Relations, (401) 392-7190
Simone Cantagallo, (+39) 06 51899030; for Italian media inquiries

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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/igt-signs-seven-year-contract-extension-with-the-georgia-lottery-corporation-to-provide-new-lottery-products-and-services-through-september-11-2025-300353853.html

SOURCE IGT


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