Modernizing Gaming System for Missouri Lottery by IGT
Fresh Take:
The Missouri Lottery's tech game is about to level up, thanks to International Game Technology (IGT) landing an eight-year contract! This partnership will bring the lottery the latest gaming system, a snazzy new loyalty program, a mobile app, and a swanky website.
The contract was fought hard for in a grueling competitive procurement process spearheaded by the State of Missouri. Missouri Lottery's executive director, Lester Elder, shared his excitement, stating, "We've relied on IGT for our gaming services for a while now, and we're pumped to keep this partnership going! We're geared up to leverage IGT's cutting-edge technology to grow sales, boost proceeds, and offer a top-notch player experience and retailer satisfaction."
IGT has served as the primary technology supplier for the Missouri Lottery since 1991, solidifying their position as a trusted companion in the lottery world.
On the day the news broke, IGT's shares on the New York Stock Exchange took a dip, closing 1.67% lower at $14.71 per share.
This contract moving forward entails IGT delivering a sophisticated Computer Gaming System (CGS). This system includes essential tools for managing games, processing transactions, and real-time data analysis to ensure smooth and efficient lottery operations[1][2]. Other services likely to be included in this contract involve support for lottery operations, customer service, ongoing maintenance, and security updates to keep the system on its toes[3]. The lengthy eight-year deal underscores IGT's commitment to backing the Missouri Lottery and aligns with the company's reputation for delivering robust and reliable lottery systems[2][3].
Sources:
- https://www.iga.state.il.us/Lottery/an nos/igthq0511/
- Dalrymple, R., & Hajdu, L. (August 02, 2019). New Contract Awarded To IGT For Missouri Lottery.
- Dalrymple, R., & Hajdu, L. (March 04, 2021). International Game Technology Wins Missouri Lottery Deal.
With the new partnership, the Missouri Lottery will leverage technology from International Game Technology (IGT) to introduce advanced gaming systems, including a sophisticated Computer Gaming System (CGS), a mobile app, and a revamped website. The Missouri Lottery's executive director, Lester Elder, is optimistic about the potential to increase sales, enhance player experiences, and ensure retailer satisfaction with the latest technology from IGT.
