IGT pens five-year deal with Oregon State Lottery

IGT has signed a five-year contract with the Oregon State Lottery, which will see an update of the lottery’s central system and retail products.

Through the agreement, IGT will supply its software platform and processing system, while allowing the lottery to purchase products such as self-service vending machines.

The agreement will allow for two five-year extension options.

IGT already has various similar deals in place with lottery operators across the US, such as its agreements with the Minnesota State Lottery and the Mississippi Lottery Corporation.

Jay Gendron, IGT COO, Lottery, said: “IGT is committed to supporting the growth and innovation of its customers and we’re pleased to be continuing our long-term partnership with the Oregon Lottery.”

Barry Pack, Oregon Lottery Director, said: “We look forward to IGT delivering its latest technology to modernise our central system – allowing us to attract new players and implement new strategies for revenue growth.”

IGT saw a rise in profits in North America for Q2 2019, generating adjusted EBITDA of $454m, up 5% year-on-year.

Owain Flanders

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