International Game Technology (IGT) subsidiary IGT Global Solutions Corporation has signed a four-year contract extension with the New York Lottery, extending the current agreement through August 2026.
As part of expanding into “one of the most successful lotteries in the US”, the supplier will launch a new claims and payments system. The group will also continue to provide the New York Lottery with its central lottery system and related technology, retailer training, field services, call center support, instant ticket storage and distribution, and infrastructure upgrades.
“IGT has built a trusted partnership with the New York Lottery since 1986,” said IGT COO Jay Gendron. “For over 35 years, we have worked collaboratively with the lottery to provide innovative world-class solutions for both retailers and players.”
The supplier currently has more than 475,000 point-of-sale terminals in customer jurisdictions worldwide.
Earlier this week, IGT announced that it will contribute to a $415 million settlement aimed at ending a class action lawsuit linked to DoubleDown Interactive (DDI). The lawsuit concerns DDI’s casino social product, which the plaintiffs allege violated Washington State law.
The company, however, acquired DoubleDown in 2012 before selling it for $825 million to DoubleU Games in 2017. The provider also entered into a long-term agreement to offer content to DoubleDown Casino.
As a result, IGT was implicated with DDI in the plaintiffs’ lawsuit. However, both IGT and DDI have now announced an agreement to resolve the lawsuit and associated procedures.
IGT is a gaming company based in Las Vegas, United States, that manufactures and distributes slot machines and other gaming technologies. It was acquired in 2015 by Gtech.