LONDON, May 5, 2016 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) today announced its agreement with S&K Gaming, LLC a wholly owned subsidiary of The Confederated Salish and Kootenai Tribes of the Flathead Indian Reservation, to install IGT Advantage® 9.2 casino management systems and a selection of systems applications at Gray Wolf Peak and KwaTaqNuk Casinos in Montana.
Following a highly competitive bidding process, IGT® secured an agreement to replace competing systems with a comprehensive installation including Service Window and related bonusing applications Xtra Credit®, Point Play™ and Point Pursuit™.
"The continued momentum in IGT's systems business and the award of this highly competitive replacement agreement is based upon our unique capabilities to help operators of all sizes scale their systems as they position their properties for growth," said Nick Khin, IGT Senior Vice President of Sales, North America Gaming & Interactive. "The expansion of IGT Advantage systems in Montana will help Gray Wolf Peak and KwaTaqNuk Casinos establish a new level of service and interaction that can significantly enhance the gaming experience for players today and in the future."
"Replacement of our casino management system was a decision that required considerable research and consideration. IGT Advantage with Service Window truly stands apart from competing systems for its ability to streamline back room operations while offering players new bonus experiences and personalized offers. We're excited to leverage the full capabilities of IGT systems as part of our expansion plans for Gray Wolf Peak and KwaTaqNuk Casinos," said Bryon Miller, Interim CEO, S&K Gaming, LLC.
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.
About S&K Gaming LLC
The Confederated Salish and Kootenai Tribes created S&K Gaming, LLC in 2006 for the purpose of providing general gaming management oversight. Now, S&K Gaming, LLC is a revenue generator for its tribes and creates steady employment opportunities.
Superior hospitality, exciting and memorable entertainment, job creation, and providing for a better future for members of the Confederated Salish and Kootenai Tribes are important goals of S&K Gaming, LLC Board of Directors and its management team.
The Flathead Reservation is home to three tribes, the Bitterroot Salish, Upper Pend d'Oreilles, and the Kootenai making up the Confederated Salish and Kootenai Tribes located in northwestern Montana. As of February 2015 there are 7,972 enrolled members of the Confederated Salish and Kootenai Tribes. The Flathead Reservation was established in 1855 as a direct result of The Treaty of Hell Gate.
The S&K Gaming, LLC Board of Directors and its management team have a strong desire and sense of responsibility to contribute towards a solid future for the Confederated Salish and Kootenai Tribes. Our ancestors have taught us to prepare for the future and to take care of our people. We follow the teachings of our ancestors personally and professionally.
Our Board Members and Management team weaves the tribes' important history, culture and heritage into its business values on a daily basis.
Cautionary Statement Regarding Forward-Looking Statements
This news release may contain forward-looking statements (including within the meaning of the Private Securities Litigation Reform Act of 1995) concerning IGT and other matters. These statements may discuss goals, intentions and expectations as to future plans, trends, events, results of operations or financial condition, or otherwise, based on current beliefs of the management of IGT as well as assumptions made by, and information currently available to, such management. Forward-looking statements may be accompanied by words such as "aim," "anticipate," "believe," "plan," "could," "would," "should,", "shall", "continue", "estimate," "expect," "forecast," "future," "guidance," "intend," "may," "will," "possible," "potential," "predict," "project" or the negative or other variations of them. These forward-looking statements are subject to various risks and uncertainties, many of which are outside IGT's control. Should one or more of these risks or uncertainties materialize, or should any of the underlying assumptions prove incorrect, actual results may differ materially from those predicted in the forward-looking statements and from past results, performance or achievements. Therefore, you should not place undue reliance on the forward-looking statements. Factors that could cause actual results to differ materially from those in the forward-looking statements include (but are not limited to) the possibility that the businesses of International Game Technology and GTECH S.p.A. will not be integrated successfully, or that the combined companies will not realize estimated cost savings, synergies, growth or other anticipated benefits or that such benefits may take longer to realize than expected; the possibility that IGT will be unable to pay future dividends to shareholders or that the amount of such dividends may be less than anticipated; the possibility that IGT may not obtain its anticipated financial results in one or more future periods; unanticipated costs of integration of the two companies; reductions in customer spending; a slowdown in customer payments and changes in customer demand for products and services; unanticipated changes relating to competitive factors in the industries in which the company operates; IGT's ability to hire and retain key personnel; the impact of the consummation of the business combination on relationships with third parties, including customers, employees and competitors; IGT's ability to attract new customers and retain existing customers in the manner anticipated; reliance on and integration of information technology systems; changes in legislation or governmental regulations affecting IGT; international, national or local economic, social or political conditions that could adversely affect the company or its customers; conditions in the credit markets; risks associated with assumptions the company makes in connection with its critical accounting estimates; the resolution of pending and potential future legal, regulatory or tax proceedings and investigations; and the company's international operations, which are subject to the risks of currency fluctuations and foreign exchange controls. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties that affect IGT's business, including those described in IGT's annual report on Form 20-F for the financial year ended December 31, 2015 and other documents filed from time to time with the Securities and Exchange Commission, which are available on the SEC website at www.sec.gov and on the investor relations section of the company's website at www.IGT.com. Except as required under applicable law, IGT does not assume any obligation to update the forward-looking statements. Nothing in this news release is intended, or is to be construed, as a profit forecast or to be interpreted to mean that earnings per IGT share for the current or any future financial years will necessarily match or exceed the historical published earnings per IGT share, as applicable. All forward-looking statements contained in this news release are qualified in their entirety by this cautionary statement. All subsequent written or oral forward-looking statements attributable to IGT, or persons acting on its behalf, are expressly qualified in their entirety by this cautionary statement.
Phil O'Shaughnessy, IGT (702) 669-2975
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