Global lottery and gaming supplier International Game Technology (IGT) has announced that its IGT Global Solutions subsidiary has signed a new seven-year base contract with the Nebraska Lottery.
The contract, awarded following a competitive procurement process, will see IGT serve as the primary vendor for its instant and draw-based games, and related services.
The agreement will also see the supplier upgrade the operator’s draw-based central system to its Aurora solution, and the will deliver its terminal equipment to approximately 1,200 retail locations across the state.
IGT will also provide instant ticket games and related services to the operator under the contract’s initial term, which runs until June 30, 2028. It also includes providisions for three two-year extensions.
“For more than 25 years, IGT’s professionalism, expertise, services and solutions have been key to the Nebraska Lottery’s efforts to maximize contributions to benefit the environment, education, the Nebraska State Fair, and the Compulsive Gamblers Assistance Fund,” Nebraska Lottery director Brian Rockey said.
“We are very pleased to continue the trusted partnership we began with IGT in 1994, and look forward to the products, technology, and concepts they will bring in the future.”
Jay Gendron, IGT’s chief operating officer, added: “IGT will leverage our decades of lottery experience to deliver industry-leading solutions that will provide the flexibility to help evolve, manage, and grow the Nebraska Lottery’s sales now and in the years ahead.”
“We look forward to continuing our longstanding partnership with the Nebraska Lottery to provide proven technology and innovative games that will engage players and drive sales growth.”
In September, IGT also extended its instant ticket games contract with the Minnesota Lottery, which it has worked with since 2010. The supplier is set to expand its retail sports betting offering through a partnership with the Turtle Mountain Band of Chippewa Indians in North Dakota, also agreed in September.
Results published last week showed that IGT had been able to mitigate losses suffered through the novel coronavirus (Covid-19) pandemic by cutting costs, aided by a strong performance from its lottery division in the third quarter.
Revenue for the three months to 30 September fell 14.9% year-on-year to $981.5m. Total operating expenses for the period fell 14.6% to $853.0m, leaving an operating profit of $128.5m.