IGT and the Texas Lottery Sign a 10-Year Extension of Their Partnership

IGT and the Texas Lottery Sign a 10-Year Extension of Their Partnership

IGT

  • International Game Technology (IGT), the industry leader in gaming, has renewed its partnership with the Texas Lottery Commission.
  • The cooperation will continue for another decade, until August 2034, as stipulated under the contract.
  • The administrations of the Texas Lottery and IGT share their enthusiasm.

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IGT expands its relationship with the Texas lottery

Wednesday, the business announced that its subsidiary, IGT Global Solutions Corporation, had extended its collaboration with the Texas Lottery by ten years. 

Following the expanded relationship’s terms, IGT will continue to provide the Lottery with solutions and scratch ticket printing services. The most current announcement is the result of a competitive bidding process. Now, the partnership will continue until August 2034.

In addition to printing scratch tickets, IGT will provide the Texas Lottery with its lottery operations and services. These include the operations of its data center, its field sales team, and its central lottery system. In addition, the Lottery will utilize IGT’s retail equipment and support, call center, marketing services, and warehouse and distribution services.

Moreover, IGT is the only provider for the Lottery’s Loteria line of games. In 2021 alone, the extremely popular game made more than $1.6 billion in sales. Loteria has six price possibilities, including $50, $20, $10, $5, $3, and even $1. Lastly, the latest partnership provides the Lottery with continued access to IGT’s leading inventory of very popular games, designs, and features, as well as licensed content.

The Pair Continue Their Productive Partnership

Gary Grief, the executive director of the Texas Lottery, disclosed that IGT has been a strategic partner since 1992, when the Lottery was first established. He added that the Lottery was able to produce over $35 billion in revenue for charitable purposes by cooperating with the biggest gaming firm.

 Lastly, Grief stated that the Lottery is excited to continue its partnership with IGT to produce new and exciting scratch tickets.

IGT’s chief operating officer for a worldwide lottery, Jay Gendron, acknowledged the company’s thirty-year collaboration with the lottery. This lengthy cooperation introduced some of the lottery industry’s most inventive items. 

Now, according to Gendron, these innovative ideas and products continue to provide shops and consumers in the state with benefits. Last but not least, he described what the company is anticipating.

IGT is the undisputed leader in the global lottery sector. The company presently provides technological solutions to eight of the world’s 10 largest lotteries. IGT is now in more than 40 long-term agreements with lotteries throughout the world for the printing of lottery tickets.

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About Lou De Aguila

Lou Aguila is a contributor to Golden Casino News. For over a decade, Lou has published news and featured articles for some of the most reputable sports betting and online casino sites in the world, including BetNow.UK, VegasOdds, and BWin. Apart from being a hardcore live casino punter, he also covers sports stories in North American leagues from time to time.