08.02.2017 12:45:00
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IGT Announces Eight-Year Contract Extension With SYNOT Group To Continue Providing System Software And Game Content
LONDON, Feb. 8, 2017 /PRNewswire/ -- International Game Technology PLC (NYSE:IGT) announced that its subsidiary, GTECH Sweden Interactive AB (with International Game Technology PLC, hereinafter "IGT"), has signed an eight-year contract extension with SYNOT Group to continue providing system software and game content for SYNOT's interactive video terminals (IVTs) in the Czech Republic and Slovakia through 2026.
"Our players enjoy first-class entertainment through IGT's innovative designs and technology," saidMiroslav Valenta Jr., Sales Director, SYNOT Group. "With our deep knowledge of players' needs and our long-term experience in the Czech and Slovak markets, we are able to maintain the leading position in the gaming industry in both countries. The system enables a geographically widespread server-based solution, catering to thousands of our players in various locations. We look forward to continuing our partnership with IGT and adding new game content and offerings throughout the next 10 years."
"SYNOT Group is a major player in the gaming machine markets in both the Czech Republic and Slovakia, and we are happy to continue delivering our proven solutions and services in these key markets," saidWalter Bugno, IGT CEO, International. "This extension also further strengthens our relationship with SYNOT as we look to explore additional joint opportunities in the future."
IGT will continue providing IVT system software and game content, as well as maintenance and game content enhancements. The system software has six different game suites creating an extensive game library that offers a wide selection for operators to choose from and lasting entertainment for players. In addition, IGT will provide installation, operational, and technical support, and new games each year.
IGT, as legacy GTECH, has had a strategic partnership with SYNOT Group since 2004, delivering software for its IVT and Amusement With Prize (AWP) products.
About IGT
IGT (NYSE:IGT) is the global leader in gaming. We enable players to experience their favorite games across all channels and regulated segments, from Gaming Machines and Lotteries to Interactive and Social Gaming. Leveraging a wealth of premium content, substantial investment in innovation, in-depth customer intelligence, operational expertise and leading-edge technology, our gaming solutions anticipate the demands of consumers wherever they decide to play. We have a well-established local presence and relationships with governments and regulators in more than 100 countries around the world, and create value by adhering to the highest standards of service, integrity, and responsibility. IGT has over 12,000 employees. For more information, please visit www.IGT.com.
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Nothing in this news release is intended, or is to be construed, as a profit forecast or to be interpreted to mean that earnings per International Game Technology PLC share for the current or any future financial years will necessarily match or exceed the historical published earnings per International Game Technology PLC share, as applicable. All forward-looking statements contained in this news release are qualified in their entirety by this cautionary statement. All subsequent written or oral forward-looking statements attributable to International Game Technology PLC, or persons acting on its behalf, are expressly qualified in their entirety by this cautionary statement.
Contact:
Robert K. Vincent, Corporate Communications, toll free in U.S./Canada (844) IGT-7452; outside U.S./Canada (401) 392-7452
James Hurley, Investor Relations, (401) 392-7190
Simone Cantagallo, (+39) 06 51899030; for Italian media inquiries
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/igt-announces-eight-year-contract-extension-with-synot-group-to-continue-providing-system-software-and-game-content-300403935.html
SOURCE IGT
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