International Gaming Technology Friday announced that it has signed a 20-year contract extension to remain the exclusive supplier for the Rhode Island Lottery. The London, U.K.-based company will continue to provide the lottery with instant tickets, iLottery services, and video lottery solutions through June 20, 2043.
Per the agreement, IGT also has committed to maintaining 1,100 jobs in the state.
Rhode Island Gov. Dan McKee signed legislation, passed by the Rhode Island General Assembly in May 2021, authorizing the lottery to enter into the extension in June 2021.
“The Rhode Island Lottery has partnered with IGT since the early days of both businesses and has benefitted from piloting numerous IGT innovations over the years, including exciting iLottery solutions and sophisticated new ways of ticket printing that are now part of our growing portfolio,” said Rhode Island Lottery Director Mark Furcolo in a statement. “This extension signifies an impressive milestone, and we look forward to continued success and implementation of the most advanced lottery systems and solutions for many years to come.”
Later this year, IGT will replace the Rhode Island Lottery’s draw-based lottery central system with IGT’s Aurora product and all related lottery terminals and telecommunications equipment. In 2033, the company will again replace the draw-based lottery solution with IGT’s latest technology
IGT will also upgrade the lottery’s iLottery system in 2023 to create convenience for players to access a user-friendly portal or an award-winning mobile solution with a vast library of engaging content. IGT will replace the iLottery system with IGT’s latest technology in 2034.
“IGT’s history is rooted in Rhode Island as the company is one if its most successful high-tech startups, with the Rhode Island Lottery being our very first customer,” IGT Chief Operating Officer, Global Lottery, Jay Gendron in a statement. “IGT’s good jobs and great people are the foundation of our success and one of the reasons why we have been able to support the lottery in its continued evolution throughout our decades-long partnership. Over the next 20 years, we are committed to delivering unrivaled gaming experiences that engage players and drive maximum growth for Rhode Island’s third-largest revenue stream.”
Other terms of the extension include:
- IGT will continue as the exclusive printer and supplier of instant tickets for the Rhode Island Lottery. IGT will include tickets incorporating some of the well-known brands licensed by the company to the lottery’s instant ticket portfolio throughout the extension term.
- In 2025, IGT will replace the lottery’s video lottery central system connecting all video lottery terminals deployed by the lottery at the two casinos operated by the lottery. IGT will replace the video lottery central system again in 2035.
- Through a joint venture with Bally’s Corporation, IGT will be the exclusive supplier of video lottery terminals to the lottery commencing January 1, 2023.
