IGT Signs Long-Term Contract Extension To Provide Its INTELLIGEN™ System For Louisiana’s Video Gaming Program
LONDON, July 12, 2018 /PRNewswire/ — International Game Technology PLC (NYSE: IGT) announced that its subsidiary, IGT Global Solutions Corporation (with International Game Technology PLC, hereinafter “IGT”), signed a 9.5-year contract extension to provide a video gaming monitoring system upgrade for the Video Gaming Division of the Louisiana State Police’s Department of Public Safety and Corrections (DPS&C) video gaming program. The contract extension commenced on June 30, 2018. The Louisiana DPS&C has been a valued IGT system customer since 2005.
“Over the past 13 years, we have established a strong working relationship and foundation with the Louisiana State Police,” said Renato Ascoli, IGT CEO, North America. “With IGT’s INTELLIGEN central system, the Louisiana State Police will be equipped with more advanced tools to ensure that they continue to properly manage their expansive video gaming network and provide their players with an optimal gaming experience.”
Under the extension, IGT will upgrade the DPS&C’s current central system to the INTELLIGEN™ central system that will monitor approximately 13,100 video gaming devices at more than 1,700 distributed locations in the state of Louisiana.
Built on more than 20 years of proven central system experience, INTELLIGEN’s new, modern architecture offers stable, secure command and control capability and business intelligence features uniquely tailored to video gaming environments. It interoperates with a wide range of video gaming devices using multiple protocols, including the Game to System® (G2S®) open standard protocol, and has advanced communication abilities.
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 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, based on current beliefs of the management of the Company 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 speak only as of the date on which such statements are made and are subject to various risks and uncertainties, many of which are outside the Company’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 such statements. Factors that could cause actual results to differ materially from those in the forward-looking statements include (but are not limited to) the factors and risks described in the Company’s annual report on Form 20-F for the financial year ended December 31, 2017 and other documents filed from time to time with the SEC, which are available on the SEC’s website at www.sec.gov and on the investor relations section of the Company’s website at www.IGT.com. Except as required under applicable law, the Company does not assume any obligation to update these forward-looking statements. You should carefully consider these factors and other risks and uncertainties that affect the Company’s business. 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 its entirety by this cautionary statement.
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
View original content with multimedia:http://www.prnewswire.com/news-releases/igt-signs-long-term-contract-extension-to-provide-its-intelligen-system-for-louisianas-video-gaming-program-300680400.html