SBC News Voice of the Sports Betting Industry
IGT Global Solutions Corporation, a subsidiary of International Game Technology PLC, has signed a three-year deal with Portugal’s national lottery.
Santa Casa da Misericórdia de Lisboa (SCML) will be able to leverage IGT’s instant ticket printing technology and related services, including a portfolio of games to further elevate SCML’s customer experience.
Jay Gendron, IGT Chief Operating Officer, Global Lottery, commented: “IGT’s longtime partnership with SCML and extensive knowledge of the Portuguese market will enable us to work closely with the Lottery to offer world-class instant ticket games based on the local needs of its players.
“We are excited to deliver our diverse and innovative game content to the region, supporting continuous growth for SCML.”
IGT has served as SCML’s primary lottery technology partner since 2000, delivering retail central system hardware, software and various field services.
The technology group recently published its Q2 accounts, matching its 2023 comparatives as group revenues stand at $1.05bn.
Period trading saw IGT’s Global Lottery unit register a 2% decrease in revenues to $613m (Q2 2023: $624m) – as Q2 lottery results were matched by a multi-year software licence sale in the prior year.
The tech group’s Gaming & Digital unit sustained its revenues at $436m, with the unit securing elevated IP and software sales.
Q2 operating income declined by 8% to $230m, as group accounts accumulated $26m in separation and divestiture costs.
