The leading gaming company, International Game Technology (IGT), announced that it extended its existing collaboration with the Texas Lottery Commission.
IGT extends partnership with Texas lottery
The company revealed on Wednesday that its subsidiary, IGT Global Solutions Corporation, inked a 10-year partnership extension with the Texas Lottery. Under the terms of the extended partnership, IGT will continue to provide solutions and scratch ticket printing services for the Lottery. The recent announcement follows a competitive tender process. Now the duo’s collaboration will continue through August 2034.
Besides printing scratch tickets, IGT will offer its lottery operations and services for the Texas Lottery. These include its data center operations, field sales organization and lottery central system. The Lottery will also leverage IGT’s leading retail equipment and support, call center, marketing services, as well as warehouse and distribution services.
Additionally, IGT is currently the exclusive supplier for the Lottery’s Loteria family of games. The highly popular game generated more than $1.6 billion in sales in 2021 alone. Loteria offers six different price options: $50, $20, $10, $5, $3 and even $1. Last but not least, the recent collaboration grants the Lottery continuous access to IGT’s leading catalog of highly-popular games, designs and features, as well as licensed content.
The Duo Continues Their Successful Collaboration
Gary Grief, the Texas Lottery’s executive director, revealed that since the inception of the Lottery back in 1992, IGT was a strategic partner. He explained that by collaborating with the leading gaming company, the Lottery was able to generate more than $35 billion in revenue for good causes. Last but not least, Grief said that the Lottery is looking forward to continuing its collaboration with IGT to provide innovative and entertaining scratch tickets.
“Since our inception in 1992, IGT has been a valued partner and has helped the Texas Lottery generate more than $35 billion in revenue for good causes.“Gary Grief, executive director at the Texas Lottery Commission
Jay Gendron, IGT’s chief operating officer, global lottery, acknowledged that the company collaborated with the lottery for three decades. This lengthy partnership introduced some of the most innovative products within the lottery industry. Now, according to Gendron, those leading solutions and products continue to bring benefits to retailers and customers in the state. Last but not least, he outlined that the company is looking forward to “building upon our longstanding partnership supporting educational and veteran service organizations in Texas.”
“For 30 years, IGT has worked closely with the Texas Lottery to pilot some of our most innovative products such as Super Ticket, in-lane solutions, and the scan-and-check feature of the mobile convenience app.“Jay Gendron, chief operating officer, global lottery at IGT
Without any doubt, IGT is a global lottery market leader. The company currently offers technology solutions to eight out of ten of the largest lotteries in the world. At the same time, IGT continues to expand the number of ticket printing partnerships with lotteries and by now it has more than 40 long-term deals in place with lotteries around the world.