Last week the Rhode Island Lottery announced that they've extended their relationship with technology supplier IGT through at least 2043.
The agreement will see IGT remaining the supplier for the state's lottery games, internet lottery games, instant scratch tickets, and video lottery solutions. The deal will see IGT keeping more than 1,000 jobs in the state and investing $155 million, while also paying the state $13.5 million in 2023 and 2024. There'll also be a joint venture between IGT and Bally's that'll be the video lottery terminal supplier.
IGT Global Lottery COO Jay Grendon spoke about the deal, noting: "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."
Rhode Island Lottery Director Mark Furcolo also commented, adding: "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.
"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."