State Lottery Signs Long Term Extension With IGT

International Gaming Technology has signed a twenty-year contract extension to continue serving as the exclusive supplier of the Rhode Island Lottery.

With the extension, which was approved by the Rhode Island legislature last summer, IGT says it has committed to maintaining 11-hundred jobs in the state.

Officials call the jobs "lucrative."

"The Rhode Island Lottery has partnered with IGT since the early days of both businesses and has benefitted from piloting numerous IGT innovations over the years, including exciting iLottery solutions and sophisticated new ways of ticket printing that are now part of our growing portfolio," said Mark Furcolo, Rhode Island Lottery Director. "This extension signifies an impressive milestone, and we look forward to continued success and implementation of the most advanced lottery systems and solutions for many years to come."

"IGT's history is rooted in Rhode Island as the Company is one if its most successful high-tech startups, with the Rhode Island Lottery being our very first customer," said Jay Gendron, IGT Chief Operating Officer, Global Lottery."IGT's good jobs and great people are the foundation of our success and one of the reasons why we have been able to support the Lottery in its continued evolution throughout our decades-long partnership. Over the next 20 years, we are committed to delivering unrivaled gaming experiences that engage players and drive maximum growth for Rhode Island's third-largest revenue stream."

The company is planning a number of equipment upgrades, including the replacement of the lottery's central system connecting all of the video terminals it controls at the two Rhode Island casinos.

(Photo by Joe Raedle/Getty Images)

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