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IGT
IGT Awarded Contract for VLT Central Monitoring System by Ohio Lottery Commission
International Game Technology PLC (IGT) announced that it has won a competitive bidding process to provide the Ohio Lottery Commission’s video lottery terminal (VLT) central monitoring system, with a contract effective May 31, 2024 through June 30, 2033. The agreement includes an option for Ohio to renew the contract for up to two additional one-year terms.
Under the terms of the agreement, IGT will provide its advanced Intelligen central monitoring system hardware and software, with continual monitoring and support for more than 10,000 video lottery terminal machines distributed throughout seven racinos across Ohio: Belterra Park Cincinnati, Eldorado Scioto Downs, Jack Thistledown Racino, Hollywood Gaming Dayton Raceway, Hollywood Gaming Mahoning Valley Race Course, MGM Northfield Park, and Miami Valley Gaming.
“We look forward to providing IGT’s leading VLT products and solutions to the Ohio Lottery Commission. Winning this highly competitive RFP process is a testament to IGT’s significant innovation, dedication to central monitoring systems, and the great team of professionals that continue to propel our success,” said Nick Khin, IGT Chief Operating Officer, Gaming.
IGT
IGT Delivers Upgraded Lottery Solutions to Tennessee Education Lottery with Nine-Year Contract Extension
International Game Technology PLC announced that its subsidiary, IGT Global Solutions Corporation, signed a nine-year contract extension with the Tennessee Education Lottery (“TEL”). The contract extension begins June 2027 and runs through June 2036. The TEL has been a valued IGT customer since 2004.
Under the terms of the agreement, IGT will deploy its high-performing Aurora central system, a feature component of IGT’s integrated lottery solution, OMNIA
. Additionally, IGT will provide upgraded Wizard back-office business applications, replace existing terminals with newly launched Retailer Pro S2 terminals with WinCheck S2 peripherals, provide new Keno Show Controllers with WiFi capabilities and deliver communication network upgrades.
“For more than 20 years, IGT has been a trusted partner to the Tennessee Education Lottery, providing innovative solutions that have supported our consistent growth,” said Rebecca Paul, Tennessee Education Lottery Corporation President and Chief Executive Officer. “One of our core missions is supporting educational programs in Tennessee, and since our inception, we have raised more than $7.5 billion for our state. We look forward to continuing our strong relationship with IGT, whose advanced technology will assist in responsibly increasing both sales and our contributions to Tennessee education.”
“IGT has been committed to bringing best-in-class lottery solutions to the Tennessee Education Lottery since its inception,” said Jay Gendron, IGT Chief Operation Officer, Global Lottery. “Through this nine-year contract extension, we are excited to bring new technological upgrades to the Lottery, providing them the systems and equipment needed to drive performance for its players and the good causes it serves in the state.”
The upgraded technology will provide the TEL with intuitive, user-friendly applications, tools, and reporting capabilities. Components of the central system, including Performance Wizard, Sales Wizard, Learning Wizard, and Retailer Wizard will streamline operations for optimal functionality. The introduction of IGT’s high-performance, high-volume Retailer Pro S2 terminals with WinCheck S2 peripherals will enable the TEL to easily add new features across multiple point-of-sale terminals simultaneously and allow players to quickly and reliably see if they are draw game or instant ticket winners.
The post IGT Delivers Upgraded Lottery Solutions to Tennessee Education Lottery with Nine-Year Contract Extension appeared first on Gaming and Gambling Industry in the Americas.
Graton Resort & Casino
IGT and Graton Resort & Casino Celebrate Global Debut of Wheel of Fortune Trio Cabinet
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IGT expands celebrated Wheel of Fortune slots portfolio with new Cash Link Big Money
game at luxury Northern California casino
International Game Technology PLC and Graton Resort & Casino announced today the global debut of IGT’s Wheel of Fortune Trio cabinet featuring the new Wheel of Fortune Cash Link Big Money video slots game. Guests of the Rohnert Park, Calif. casino will be the first players in the world to experience the latest entertainment showcase from IGT’s renowned Wheel of Fortune slots brand.
“Graton Resort & Casino is thrilled to be the first property in North America to offer the newest entertainment innovation from IGT’s popular Wheel of Fortune slots brand on our gaming floor,” said Brian Green, Chief Operations Officer, Graton Resort & Casino. “Our players have a strong affinity for the Wheel of Fortune brand, and the Wheel of Fortune Trio’s community-style win celebrations and large stature are sure to drive jackpot excitement across the gaming floor.”
“Launching Wheel of Fortune Cash Link Big Money on the new Wheel of Fortune Trio cabinet with Graton Resort & Casino kicks off a year full of premier Wheel of Fortune product launches across multiple categories,” said Nick Khin, IGT President, Global Gaming. “This solution combines legendary Wheel of Fortune gameplay with compelling hardware and community-style jackpot celebrations to create something special for our customers and their players.”
The Wheel of Fortune Trio cabinet features a massive 76-inch mechanical wheel centered above three ultra-high-definition 49-inch portrait screen gaming machines with a commanding 140-inch-tall video backdrop. The cabinet will house the new Wheel of Fortune Cash Link Big Money video slots game featuring the player-preferred Cash Link coin collection feature, a Cash on Reels mechanic, a Cash Link Multiplier that can award up to 35X, and free games.
First launched in 1996, IGT’s Wheel of Fortune slots is hailed as one of the most successful slot themes of all time. Since the game’s debut, IGT has paid out nearly $3.6 billion in jackpots and minted more than 1,200 millionaires. Last year, IGT announced that it extended its licensing agreement with Sony Pictures Television to continue producing Wheel of Fortune games via a contract that extends through 2034.
The post IGT and Graton Resort & Casino Celebrate Global Debut of Wheel of Fortune Trio Cabinet appeared first on Gaming and Gambling Industry in the Americas.
APOLLO FUNDS
EVERI STOCKHOLDERS APPROVE ACQUISITION BY APOLLO FUNDS
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Everi Holdings Inc., a premier provider of land-based and digital casino gaming content and products, financial technology, player loyalty solutions, and bingo, announced that its stockholders have voted at a special meeting of Everi stockholders to approve the pending simultaneous acquisition of Everi and the Gaming & Digital business of International Game Technology PLC by a newly formed holding company owned by funds managed by affiliates of Apollo Global Management, Inc. through a merger. As previously announced, pursuant to the terms of the merger agreement, Everi stockholders will receive $14.25 per share in cash for every share of Everi common stock they own immediately prior to the effective time of the merger.
At the Special Meeting, approximately 99.88% of the shares voted were voted in favor of the merger, which represented approximately 71.48% of the total outstanding shares of Everi common stock as of October 3, 2024, the record date for the Special Meeting.
“We are pleased that our stockholders supported our transaction with the Apollo Funds,” said Michael Rumbolz, chairman of the Company’s Board of Directors. “We now shift our focus to the important next steps toward completing the transaction and maximizing value for Everi stockholders.”
Assuming timely satisfaction of necessary closing conditions, the proposed transaction is expected to close by the end of the third quarter of 2025.
The final voting results on the proposals voted on at the Special Meeting will be set forth in a Form 8-K filed by the Company with the U.S. Securities and Exchange Commission (the “SEC”).
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