IGT extends contract with South Dakota Lottery until 2031

Updated:2024-03-20 09:11    Views:204

International Game Technology (IGT) has extended its partnership with South Dakota Lottery through its subsidiary, IGT Global Solutions, for a further five years until 2031.

As part of the deal, IGT will deliver its Scan and Redeem solution to South Dakota Lottery, which will allow players to automatically receive any winnings.

This can be done by scanning a lottery ticket or scratch card through Scan and Redeem, which will transfer winnings up to $5,000 directly into the players’ accounts.

Norm Lingle, South Dakota Lottery Executive Director, said: "By introducing IGT's Scan and Redeem functionality, South Dakota Lottery offers players the opportunity to have expanded options to receive their winnings, rather than needing to drive several hours to a redemption centre or wait for cheques to be delivered in the mail.

"IGT has been our trusted growth partner for nearly 15 years,Casino games and we are pleased to extend this successful partnership for five more years, providing more convenient lottery solutions to our players."

This solution will provide better accessibility to players in South Dakota and provide more ways for players to take part in the games offered by the company.

Jay Gendron, IGT COO of Global Lottery, said: "IGT's Scan and Redeem component offers enhanced player options to better accommodate the South Dakota Lottery and its players.

"Our lottery technology is backed by decades of lottery industry leadership and incorporates the most secure, reliable and responsible functionality.

“Over the course of this extension, we are confident that the Lottery will continue to benefit from our advanced solutions, resulting in increased funds for the state's good causes."

In its most recent Q3 report, IGT announced that it had made $1.06m in revenue, the same as the previous year.

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