IGT Strengthens Partnership with Tennessee Education Lottery
IGT Strengthens Partnership with Tennessee Education Lottery
International Game Technology PLC (NYSE: IGT) proudly announces a significant nine-year contract extension with the Tennessee Education Lottery (TEL). Since 2004, IGT has maintained a strong collaborative relationship with TEL, focused on providing state-of-the-art lottery solutions. This latest agreement is set to commence in June 2027, extending through to June 2036, further solidifying IGT's commitment to delivering innovative technology.
Upgraded Technology Solutions
As part of this contract, IGT will implement the cutting-edge Aurora™ central system, a vital component of its enhanced OMNIA™ lottery solution. TEL will benefit from new upgrades to its existing systems, including advanced Wizard back-office applications. Additionally, TEL will replace current terminals with state-of-the-art Retailer Pro S2 terminals, complemented by WinCheck S2 peripherals, improving user experience and efficiency.
Enhancements for Players and Operations
The upgrade will feature Keno Show Controllers equipped with WiFi capabilities and improved communication networks, enhancing the overall gaming experience. The new technology aims to streamline operations and offer user-friendly applications, improving functionality for both operators and players.
IGT's Commitment to Lottery Innovation
The partnership is built on IGT's long-standing dedication to providing superior lottery solutions. Jay Gendron, IGT's Chief Operation Officer for Global Lottery, emphasizes IGT's excitement about bringing new technology upgrades to TEL. According to Gendron, these enhancements are designed to drive performance and serve the state’s educational funding needs effectively.
Support for Educational Programs
Rebecca Paul, the President and CEO of the Tennessee Education Lottery Corporation, expressed her appreciation for IGT's contributions over the years. Since TEL's establishment, it has raised over $7.5 billion for educational programs in Tennessee, showcasing the integral role that responsible gaming and technology play in supporting local communities.
IGT's Dominance in the Global Lottery Market
With its position as a leading lottery technology provider, IGT oversees the technological needs of 26 of the 46 US lotteries, along with eight of the world's largest lotteries. This reinforces IGT's strategic advantage and its ability to deliver high-quality gaming experiences.
Future Prospects
The contract extension, coupled with the innovative technological improvements, is expected to enhance operational efficiency while meeting the expectations of players eager for an engaging gaming environment. IGT is committed to continuing its partnership with TEL, enhancing its systems for educational support.
Frequently Asked Questions
What is the duration of the contract extension between IGT and TEL?
The contract extension is for nine years, beginning in June 2027 and ending in June 2036.
What technology will IGT provide to the Tennessee Education Lottery?
IGT will deliver its Aurora™ central system, upgraded Wizard applications, Retailer Pro S2 terminals, and Keno Show Controllers with WiFi capabilities.
How has IGT contributed to educational programs in Tennessee?
Since the Tennessee Education Lottery's inception, IGT has played a vital role in raising over $7.5 billion for educational programs across the state.
Who is the current CEO of the Tennessee Education Lottery Corporation?
Rebecca Paul is the President and CEO of the Tennessee Education Lottery Corporation.
How many lotteries does IGT operate in the U.S.?
IGT serves as the technology provider for 26 of the 46 lotteries in the U.S.
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