International Game Technology PLC (IGT) has revealed that its subsidiary, IGT Global Solutions Corp., signed a seven-year contract with the Colorado Lottery. The deal will enable the London-based gaming provider to offer its products and solutions to Colorado operators and players.
Jay Gendron, IGT Chief Operating Officer, Global Lottery, said in the company’s news release:
“IGT is thrilled to continue working with the Colorado Lottery and delivering high-performing products that will contribute to growing its business.”
Key takeaways
- The contract is set to run through July 2032 and includes seven one-year extension options.
- As part of the new agreement, the Colorado Lottery will receive IGT’s Aurora central system, replacing the current lottery central system. IGT will also develop a new mobile app for the lottery.
- IGT is the leading technology provider, supporting more than 56% of the lotteries in the US.
Colorado Lottery is replacing equipment with IGT’s technology
Colorado Lottery’s seven-year contract with IGT Global Solutions Corp. will run through July 12, 2032, and include seven one-year extension options.
Tom Seaver, Colorado Lottery director, said, “We are looking forward to replacing our current equipment with IGT’s most advanced technology, providing more convenient options for players and achieving continued sales growth and funding Colorado’s great outdoors.”
According to IGT’s news release, the lottery will receive IGT’s Aurora central system, replacing its current lottery central system.
Aurora is part of IGT’s OMNIA integrated lottery solution, which will provide the lottery with new insights through a single-player view. It would enhance its product portfolio and improve marketing communications while delivering Colorado Lottery players with a “true omnichannel experience.”
As Gendron said in the IGT news release:
“OMNIA, along with the upgrades to retailer equipment and new mobile convenience app, will provide the Lottery with actionable data and tools to manage daily operations and offer players with enhanced retail and mobile experiences.”
The release further states that IGT will upgrade all lottery retailer equipment statewide and deploy a new mobile convenience app with Scan and Redeem functionality. The new solution will allow Colorado Lottery players to scan a draw-based or instant scratch ticket with their mobile apps to redeem winnings directly into their bank accounts, via automated clearing house (ACH) transfer.
IGT expands its reach by adding the Colorado Lottery
As the global lottery market leader, IGT (NYSE: IGT) has grown to support 26 of the 46 lotteries in the US. It also supplies eight of the world’s ten largest and 16 of the world’s top 25 lotteries. The company also prides itself on having a local presence and relationships with governments and regulators in over 100 jurisdictions worldwide.
Last month, IGT inked a deal with the Mississippi Lottery to extend the partnership for another three years. At the time, the Mississippi Lottery Corp. President Jeff Hewitt said in a press release that when launching the Mississippi Lottery in 2019, the corporation relied on IGT’s expertise to guide them in “driving player engagement” and realizing “growth targets.”
Earlier this year, IGT partnered with the Virginia Lottery to extend their contract for another three years. Tony R. Russell, the lottery’s interim director, said the 23-year partnership has helped the lottery provide millions to the state’s education system.
Another example of IGT’s expansion is an eight-year contract signed with the Connecticut Lottery Corporation last year. IGT agreed to provide an iLottery system and new technology, allowing the Connecticut Lottery to add new games.