IGT Signs 3-Year Partnership Extension With AB Svenska Spel

On June 1, International Game Technology PLC (IGT), a multinational gambling company that manufactures slot machines and other gambling technology based in London, UK, revealed that it has extended partnership for 3 additional years with Sweden’s AB Svenska Spel by signing an agreement that will allow them to continue to supply AB Svenska Spel with ltop video lottery technology and services, involving the INTELLIGEN™ central system, over 4,000 Quasar™ Video Lottery Terminals, high performance games, innovative IGTPay™ cashless technology etc.

Furthermore, this new agreement will last until January 2027, and IGT has been Svenska Spel’s provider of VLT technology since 1996.

IGT plays a crucial role in the continuous growth and modernization of Svenska Spel:

Commenting on the expanded partnership, Ola Enquist, Business Area Manager Casino Cosmopol & Vegas, Svenska Spel AB, said: “Given the critical role that IGT has played in Svenska Spel’s continued growth and modernization, we are pleased to guarantee our partnership for an additional three years. IGT provides the ideal content, technology and services that enable Svenska Spel to responsibly grow our enterprise and engage our guests with next-generation experiences and future-forward innovation.”

Mark MacCombie, IGT Senior Vice President EMEA Gaming, added: “IGT and Svenska Spel have a proven approach for serving the Swedish market, and we look forward to building upon that foundation and helping Svenska Spel achieve its growth targets for three additional years. Svenska Spel’s focus on superior player experiences and their willingness to adopt new technologies complement IGT’s leadership in innovation. This is evidenced by more than a decade of shared success and deployments such as Svenska Spel’s IGTPay-powered cashless solution.”

New partnership with the Connecticut Lottery Corporation:

Just a day before extending its partnership with Sweden’s AB Svenska Spel, on May 31, IGT, specifically its subsidiary IGT Global Solutions Corporation, entered into an eight-year alliance with Connecticut Lottery Corporation (CLC) to offer its iLottery gaming system (scheduled to debut in late fall of this year) and related components to CLC. Additionally, the aforementioned technology will allow CLC to sell keno and draw-based lottery games for the first time through the latest website and mobile app created by IGT. Moreover, the partnership is projected to last until May 2031 and involves four years of potential extension options.

Under the terms of the agreement, CLC will get IGT’s top iLottery system, which involves a comprehensive suite of solutions created to maximize back-end efficiency for the Lottery, as well as a natural and engaging player experience.

When describing IGT’s iLottery system, it represents a complete digital solution for all player-facing features and gaming capabilities and includes a full suite of advanced, customizable responsible gaming tools to enhance the options accessible to players. However, beside system, IGT will also produce a new mobile convenience app and website that will later be added with full functionality for CLC players to buy keno, multi-state jackpot games and Connecticut draw-based lottery games like Lotto!, Cash5, Play3 with Wild Ball and Play4 with Wild Ball.

During 2021, CLC showed its trust in IGT by presenting them with a long-term contract to become its primary technology supplier and install IGT’s powerful Aurora™ central lottery system, which was recently launched. However, this is nothing new, as IGT is internationally recognized leader in the lottery market and the primary technology provider for 25 lotteries in the US, eight of the world’s biggest 10 lotteries in the world and 16 of the world’s best 25 lotteries.

Commenting on the partnership, Gregory Smith, Connecticut Lottery Corporation President & CEO, said: “The CLC recognizes that today’s lottery player is looking for convenient and modern options to play their favorite games, and IGT’s iLottery system will allow us to offer our players the same great experiences they receive at retail in a responsible, digital format. We look forward to deploying this iLottery system and believe the expanded play options will be a welcome addition among our players.”

Srini Nedunuri, IGT Senior Vice President, Global iLottery, added: “IGT has a proven track record of delivering growth-driving solutions to our global lottery customers and we are excited to build upon this momentum by introducing iLottery to the CLC’s players. Our iLottery technology is backed by decades-long industry leadership. We will partner closely with the CLC over the next eight years to develop a world-class iLottery program and help to generate maximum funds to good causes within the State.”