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Through a distribution agreement with Exacta Systems, IGT is providing players at Peninsula Pacific Entertainment-owned gaming venues throughout Virginia with HRM-versions of their favorite IGT. IGT (IGT's Official website – www.igt.com), also known as International Game Technology, is a company specialized in global gaming and lottery systems. IGT designs, manufactures, develops, manufactures, takes care of all the sales and distribution considering various gaming machines. IGT is also committed to compliance with all fair employment practices regarding citizenship and immigration status. IGT is committed to working with and providing reasonable accommodations to people with disabilities This commitment includes providing reasonable accommodations to access the company's online application system. International Game Technology PLC (IGT), formerly Gtech S.p.A. And Lottomatica S.p.A., is a multinational gambling company that produces slot machines and other gambling technology. The company is headquartered in London, with major offices in Rome, Providence, Rhode Island, and Las Vegas. IGT 102G021102-IGT ATI Radeon HD 3650 Video Card for IGT AVP 2.5 IGT 102G020203 ATI Radeon E4690 Video Card for IGT AVP 3.0 IGT 150W Power Supply, WP207F11, YM-1181B.

International Game Technology PLC
TypePublic
NYSE: IGT
Russell 1000 Component
IndustryGambling
Founded1990
HeadquartersLondon, England (Headquarters)
  • Las Vegas, Nevada (Operating offices)
  • Reno, Nevada (Production location)
  • Providence, Rhode Island (Operating offices)
  • Rome, Italy (Operating offices)
Key people
Marco Sala (CEO)
Phil Satre (Chairman)
ProductsSlot machines, lotteries, gaming technology
RevenueUS$4.69 billion (2015)[1]
US$539 million (2015)[1]
(US$56 million) (2015)[1]
Total assetsUS$15.11 billion (2015)[2]
Total equityUS$3.36 billion (2015)[2]
12,000 (2015)[3]
Websiteigt.com
IGT headquarters in Las Vegas, Nevada

International Game Technology PLC (IGT), formerly Gtech S.p.A. and Lottomatica S.p.A., is a multinational gambling company that produces slot machines and other gambling technology. The company is headquartered in London, with major offices in Rome, Providence, Rhode Island, and Las Vegas. It is controlled, with a 51 percent stake, by De Agostini.[4]

Italian gambling company Lottomatica acquired Gtech Corporation, a US gambling company, in August 2006, and later changed its own name to Gtech. Gtech managed many state and provincial lotteries in the US and had contracts with local and national lotteries in Europe, Australia, Latin America, the Caribbean, and Asia.

In 2015, the company acquired American gambling company International Game Technology and again adopted the acquired company's name as its own.

Current holdings[edit]

With the 2006 acquisition of Gtech, the company increased its global business activities due to a permanent presence of its employees in several countries throughout the world. IGT has operations in more than 100 countries worldwide, and deals with various ethnicities and nations with different levels of local employment laws. In order to meet these various requirements, IGT complies with the principles of the International Labor Office’s Tripartite Declaration of Principles concerning Multinational Enterprises and its social policy (Geneva 2000). In particular, the Company complies with all of the recommendations in the aforementioned declaration with regard to relations with staff in the various states.[5]

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In July 2014, Gtech agreed to acquire American company International Game Technology (IGT), the world's largest slot machine manufacturer, for a total of $6.4 billion, including $4.7 billion in cash and $1.7 billion in assumed debt. The companies combined under a new holding company based in the United Kingdom, and the Gtech name was dropped in favor of IGT.[6][7]

In April 2015, Gtech completed its merger with IGT. The new combined company's name is International Game Technology PLC.[8]

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References[edit]

  1. ^ abcForm 20-F: Annual Report (Report). International Game Technology. 29 April 2016. p. F-6 – via EDGAR.
  2. ^ abForm 20-F: Annual Report (Report). International Game Technology. 29 April 2016. p. F-5 – via EDGAR.
  3. ^Form 20-F: Annual Report (Report). International Game Technology. 29 April 2016. p. 32 – via EDGAR.
  4. ^Form 20-F: Annual Report (Report). International Game Technology. 29 April 2016. p. 26 – via EDGAR.
  5. ^'IGT_Sustainability_Report 2015_0807_h1313'. Retrieved 10 August 2016.
  6. ^Howard Stutz (15 July 2014). 'IGT sold in $6.4 billion deal with lottery giant GTECH'. Las Vegas Review-Journal. Retrieved 16 July 2014.
  7. ^https://finance.yahoo.com/news/gtech-p-announces-name-company-201200896.html
  8. ^PLC (IGT), International Game Technology. 'GTECH And International Game Technology Complete Combination And Form The World's Leading End-To-End Gaming Company'. www.prnewswire.com.

External links[edit]

  • Business data for International Game Technology plc:
Retrieved from 'https://en.wikipedia.org/w/index.php?title=International_Game_Technology&oldid=1002175578'

LONDON, Feb. 1, 2021/PRNewswire/ -- International Game Technology PLC (NYSE: IGT)announced that its subsidiary, IGT Global Solutions Corporation(hereinafter 'IGT'), has signed a four-year contract extension withthe Kentucky Lottery Corporation to continue providing its iLotteryplatform and mobile app, and add engaging new IGT PlayLotterycontent to the Lottery's existing digital games portfolio.

IGT PlayDigital will install its PlayRGS (remote game server)digital game delivery technology allowing the Lottery to expand itsportfolio of Instant Play games with new game features andpromotional capabilities. IGT will also add the Lottery's dailyPick 3 and Pick 4 draw games to Kentucky's iLottery lineup, as well as IGT'spatented Cash Pop™ game. Cash Pop is IGT's exclusive draw-basedgame that gives players the ability to strategize their wager andcreate their own personalized experience every time they play.

'For more than 30 years, IGT has continuously helpedmodernize the Kentucky Lottery's offerings to ensure they suit theever-changing player needs and market opportunities,' saidMary Harville, Kentucky LotteryPresident and CEO.'When we first introduced iLottery gameswith IGT in 2016, we offered three draw games and five instant playgames. Extending our contract with IGT allows us to grow ourportfolio to offer a total of eight draw games, including three newones to the digital space, and more than a hundred compellinginstant play games that will entertain players and contribute tothe Lottery's record-breaking annual sales growth.'

'Now more than ever, lotteries are looking to evolve thetraditional lottery player experience through the introduction ofiLottery play, and IGT is excited to help the Kentucky Lotterybenefit from the evolution of its digital gamesportfolio,' said EnricoDrago, IGT PlayDigital Senior Vice President.'TheKentucky Lottery was at the forefront of this initiative, and welook forward to bringing additional innovative draw games, likeCash Pop, and engaging PlayLottery instant play themes to theLottery's players.'

In addition to new games and the digital platform, IGT willprovide performance analytics to recommend and identify specificopportunities for iLottery growth. IGT will also provide continuedsystem, software and marketing support for the iLotteryprogram.

The Kentucky Lottery has been a customer of IGT's since theLottery's inception in 1989. In 2016, IGT began providing itsPlayLottery products and solutions for the Lottery, and in early2020, the Lottery executed a two-year iLottery extension with IGT.The latest amendment extends IGT's contract for another four yearsthrough July 2026. In addition toiLottery, IGT provides the traditional draw-based lottery systemand retail lottery products, as well as operations, hotline, fieldservices and marketing support.

For more information about IGT, visit igt.com. Follow IGT onFacebook at facebook.com/IGT, follow us on Twitter attwitter.com/IGTnews, or watch IGT videos on YouTube atyoutube.com/igt.

About IGT
IGT (NYSE:IGT) is the global leader ingaming. We deliver entertaining and responsible gaming experiencesfor players across all channels and regulated segments, from GamingMachines and Lotteries to Sports Betting and Digital. Leveraging awealth of compelling content, substantial investment in innovation,player insights, operational expertise, and leading-edgetechnology, our solutions deliver unrivaled gaming experiences thatengage players and drive growth. We have a well-established localpresence and relationships with governments and regulators in morethan 100 countries around the world, and create value by adheringto the highest standards of service, integrity, and responsibility.IGT has approximately 11,000 employees. For more information,please visit www.igt.com.

Cautionary Statement Regarding Forward-LookingStatements
This news release may contain forward-lookingstatements (including within the meaning of the Private SecuritiesLitigation Reform Act of 1995) concerning International GameTechnology PLC and its consolidated subsidiaries (the 'Company')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, basedon current beliefs of the management of the Company as well asassumptions made by, and information currently available to, suchmanagement. Forward-looking statements may be accompanied by wordssuch 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 othervariations of them. These forward-looking statements speak only asof the date on which such statements are made and are subject tovarious risks and uncertainties, many of which are outside theCompany's control. Should one or more of these risks oruncertainties materialize, or should any of the underlyingassumptions prove incorrect, actual results may differ materiallyfrom those predicted in the forward-looking statements and frompast results, performance, or achievements. Therefore, you shouldnot place undue reliance on such statements. Factors that couldcause actual results to differ materially from those in theforward-looking statements include (but are not limited to) thefactors and risks described in the Company's annual report on Form20-F for the financial year ended December 31, 2019 and otherdocuments filed from time to time with the SEC, which are availableon the SEC's website at www.sec.gov and on the investor relationssection of the Company's website at www.IGT.com. Except as requiredunder applicable law, the Company does not assume any obligation toupdate these forward-looking statements. You should carefullyconsider these factors and other risks and uncertainties thataffect the Company's business. All forward-looking statementscontained in this news release are qualified in their entirety bythis cautionary statement. All subsequent written or oralforward-looking statements attributable to International GameTechnology PLC, or persons acting on its behalf, are expresslyqualified in their entirety by this cautionary statement.

Contact:
PhilO'Shaughnessy, Global Communications, toll free inU.S./Canada +1 (844) IGT-7452;
outside U.S./Canada +1 (401)392-7452
Francesco Luti, +39 3485475493; forItalian media inquiries
James Hurley, Investor Relations, +1(401) 392-7190

© 2021 IGT

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The trademarks and/or service marks used herein are eithertrademarks or registered trademarks of IGT, its affiliates or itslicensors.

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SOURCE International Game Technology PLC