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International Game Technology (IGT)’s subsidiary IGT Global Solutions Corporation has signed a 20-year contract extension with the Rhode Island Lottery to remain the exclusive supplier of lottery, iLottery, instant ticket, and video lottery solutions and services through June 30, 2043.
"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," said Jay Gendron, IGT Chief Operating Officer, Global Lottery. "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."
“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," added Mark Furcolo, Rhode Island Lottery Director. "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."
In June 2021, Governor Dan McKee signed legislation, passed by the Rhode Island General Assembly in May 2021, authorizing the Lottery to enter into the extension. In connection with the extension, IGT has agreed to certain economic development initiatives, including agreeing to maintain 1,100 jobs in Rhode Island and a minimum Rhode Island payroll commencing with 2022, pay an aggregate of $27 million to the State and invest $155 million in Rhode Island through 2043.
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