LONDON, July 16, 2015 /PRNewswire/ -- International
Game Technology PLC ("IGT") (NYSE:IGT) announced that its
subsidiary GTECH Corporation (the "Company") has been notified of
the intent to be awarded a seven-year contract by the Wisconsin
Lottery to provide bundled lottery solutions and services.
This includes a new draw-based and instant-ticket lottery system,
full-service lottery terminals, self-service and multimedia
products, instant-ticket printing, warehousing, distribution, and
telemarketing, as well as a communications network. The intent
to award follows a competitive procurement with the Company
receiving the best overall score.
"The Wisconsin Lottery has achieved five consecutive years of
increased sales and has made tremendous contributions to property
tax relief in Wisconsin," said
Michael Chambrello, CEO, North
America Lottery, for IGT. "We believe that this contract
demonstrates our commitment to the Wisconsin Lottery and the
citizens they serve."
Following contract execution and a 15-month conversion period,
the Company will provide the Lottery with the latest version of its
Enterprise Series (ES) solution, offering a robust,
secure, and flexible system built to power the Lottery's business
today and grow along with their evolving needs. Additionally, the
Company will replace the existing terminal base with its
Altura® GT1200, which offers a modernized, highly
reliable, and easy-to-use sales platform.
Moreover, the contract also includes the Gemini®
Ultra Instant Ticket Vending Machine and ES MultiMedia displays
that will transmit and manage Lottery information, advertisements,
and promotions directly to players at the point-of-sale.
Ticket-Scan® Plus, the Company's self-service
ticket checker, will allow players to check the win status of their
own draw-based and instant tickets.
The Company is increasing its scope of responsibility under a
combined – or bundled - scope of services, and will provide
instant-ticket printing, warehousing, distribution, and
telemarketing services. In addition, ongoing services to the
Wisconsin Lottery will include installation and maintenance of the
central system, terminals, and communications network; retailer
training; field services; and hotline services.
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 more than 13,000 employees. For more information, please visit
www.merger.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 IGT and other matters. These
statements may discuss goals, intentions and expectations as to
future plans, trends, events, results of operations or financial
condition, or otherwise, based on current beliefs of the management
of IGT 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 IGT'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)
risks that the businesses of International Game Technology and
GTECH S.p.A. will not be integrated successfully, following the
recent completion of their business combination, 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; risks relating
to unanticipated costs of integration of the two companies;
reductions in customer spending; a slowdown in customer payments
and changes in customer demand for products and services;
unanticipated changes relating to competitive factors in the
industries in which the company operates; ability to hire and
retain key personnel; the potential impact of the consummation of
the business combination on relationships with third parties,
including customers, employees and competitors; 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 the company; international, national or local economic,
social or political conditions that could adversely affect the
company or its customers; conditions in the credit markets; risks
associated with assumptions the company makes in connection with
its critical accounting estimates and legal proceedings; and the
company'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 IGT's business, including those described
in IGT's annual report on Form 20-F for the financial year ended
December 31, 2014 and other documents
filed from time to time with the Securities and Exchange Commission
(the "SEC"). Except as required under applicable law, IGT 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
IGT share for the current or any future financial years will
necessarily match or exceed the historical published earnings per
IGT 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 IGT, or persons acting
on its behalf, are expressly qualified in their entirety by this
cautionary statement.
Contact:
Robert K.
Vincent, Corporate Communications, (401) 392-7452
James Hurley, Investor Relations,
(401) 392-7190
Simone Cantagallo, (+39) 06
51899030; for Italian media inquiries
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SOURCE International Game Technology PLC