LONDON, March 23, 2017 /PRNewswire/ -- International Game Technology PLC (NYSE: IGT) has announced that its subsidiary, IGT Global Services Limited (with International Game Technology PLC, hereinafter "IGT") has signed an agreement with the New Zealand Lotteries Commission ("Lotto NZ") to provide a Remote Game Server (RGS) system and Instant Win content to the New Zealand market. IGT, as legacy GTECH, has provided lottery equipment and services to Lotto NZ since the lottery's inception in 1987.
"IGT and Lotto NZ have worked together successfully for approximately 30 years, and this agreement demonstrates the customer's continued trust in our ability to deliver industry-leading solutions and content that will responsibly increase lottery sales and continue generating funds for good causes," said Declan Harkin, IGT Senior Vice President and Chief Operating Officer, International.
This new agreement, which is the result of a competitive procurement, is for an initial term of five years from the go-live date of the RGS, with an additional two-year extension at Lotto NZ's option, as well as an additional extension option upon the agreement of both parties.
Under this agreement, IGT will provide interactive Instant Win games hosted by its award-winning RGS system. Designed to operate securely while supporting engaging play experiences and third-party content, IGT RGS is optimized for a seamless player experience on both mobile and desktop. It will enable Lotto NZ to leverage IGT's vast gaming content library, as well as to quickly and easily integrate game content from third-party developers, offering players more innovative, entertaining games through Lotto NZ's successful MyLotto interactive site.
In addition to this agreement, IGT continues to provide Lotto NZ with its lottery central system, terminal system, and ticket scan devices, as well as central system and terminal maintenance, game development, and software support under the Master Services Agreement signed in 2012 that has an initial term of eight years, subject to an extension of up to four years at Lotto NZ's option.
During the 2015/16 fiscal year, Lotto NZ reported a transfer of $204 million NZD into community initiatives throughout the country, including sports, arts, and film initiatives.
IGT (NYSE: IGT) is the global leader in gaming. We enable players to experience their favorite games across all channels and regulated segments, from Gaming Machines and Lotteries to Interactive and Social Gaming. Leveraging a wealth of premium content, substantial investment in innovation, in-depth customer intelligence, operational expertise and leading-edge technology, our gaming solutions anticipate the demands of consumers wherever they decide to play. We have a well-established local presence and relationships with governments and regulators in more than 100 countries around the world, and create value by adhering to the highest standards of service, integrity, and responsibility. IGT has over 12,000 employees. For more information, please visit www.IGT.com.
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