LONDON, Jan. 22, 2021 /PRNewswire/ — Worldwide Recreation Know-how PLC (“IGT”) (NYSE: IGT) introduced right now that its subsidiary IGT International Options Company (hereinafter “IGT”) has signed a seven-year contract extension with Supreme Ventures Restricted (“SVL”) to proceed offering world-class lottery expertise, content material, and ongoing companies and assist in Jamaica.
“Over the previous 19 years, IGT’s dedication to our development and provision of superior service has straight influenced SVL’s ongoing success,” mentioned Gary Peart, SVL Govt Chairman. “This settlement represents the following chapter in our successful partnership, and additional helps SVL for growth, reinforcing our market management place and our place as an integral a part of the material of Jamaica. SVL is a vital contributor to nation-building on a number of fronts and rising enterprise for all stakeholders. Our long-term strategic relationship with IGT is a key enabler for our development platform and delivering our imaginative and prescient for SVL within the area.”
“This newest extension demonstrates IGT’s and SVL’s mutual dedication to creating worth for SVL’s stakeholders by modern gaming options, whereas emphasizing SVL’s confidence within the efficiency and stability of IGT’s providing,” mentioned Jay Gendron, IGT Chief Working Officer, Lottery. “As SVL continues to supply best-in-class lottery and gaming merchandise, this extension will maintain enterprise momentum and participant engagement, make an impression on small companies by SVL’s increasing retailer community, and finally profit all Jamaicans.”
With the earlier contract interval scheduled to finish in January 2026, the most recent contract extension is for a interval of seven years, extending the contract by 2033 and enabling IGT to proceed strategically supporting SVL for the following 12 years.
Beneath the settlement, IGT will proceed offering lottery merchandise, video games and companies, and as a part of a Amenities Administration built-in companies association, will proceed to function and keep its steady, high-performance central system, terminals, and communications community, producing excessive transaction volumes day by day for the lottery enterprise; present advertising and marketing assist; and provide subject companies. The settlement additionally contains information middle operations and a 24-7 buyer contact middle, sport design and growth, information analytics, strategic planning, and gross sales assist.
Along with its lottery contract with SVL, IGT additionally supplies cell phone top-up companies to SVL, in addition to operational assist for its VLT program, together with subject companies, installations for brand new retailers, and advertising and marketing and gross sales assist.
IGT, beforehand as GTECH, has been the lottery expertise and companies supplier to SVL for the reason that Lottery started promoting on-line video games in 2001.
IGT (NYSE:IGT) is the worldwide chief in gaming. We ship entertaining and accountable gaming experiences for gamers throughout all channels and controlled segments, from Gaming Machines and Lotteries to Sports activities Betting and Digital. Leveraging a wealth of compelling content material, substantial funding in innovation, participant insights, operational experience, and modern expertise, our options ship unequalled gaming experiences that interact gamers and drive development. Now we have a well-established native presence and relationships with governments and regulators in additional than 100 international locations all over the world, and create worth by adhering to the best requirements of service, integrity, and duty. IGT has roughly 11,000 staff. For extra data, please go to www.igt.com.
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SOURCE Worldwide Recreation Know-how PLC