International Game Technology (IGT), a leader in gaming technology solutions, has achieved a significant milestone with the award of a major contract by the Ohio Lottery Commission. This contract, secured through a competitive bidding process, solidifies IGT’s position as a premier provider of central monitoring systems for video lottery terminals (VLTs) in the state of Ohio.
Contract Duration and Flexibility
Commencing on May 31, 2024, and extending through June 30, 2033, with options for Ohio to extend for two additional one-year terms, the agreement underscores a long-term commitment to technological advancement and regulatory compliance. This extended partnership aims to streamline operations and enhance oversight across more than 10,000 VLT machines distributed among seven key racinos throughout Ohio.
Scope and Implementation
IGT’s Intelligen central monitoring system, comprising advanced hardware and software solutions, will play a crucial role in monitoring and supporting VLT operations at racinos including Belterra Park Cincinnati, Eldorado Scioto Downs, Jack Thistledown Racino, Hollywood Gaming Dayton Raceway, Hollywood Gaming Mahoning Valley Race Course, MGM Northfield Park, and Miami Valley Gaming. This system ensures continuous compliance with regulatory standards while optimizing operational efficiency.
Strategic Significance
Nick Khin, IGT’s Chief Operating Officer for Gaming, commented on the strategic importance of securing this contract, stating, “IGT’s success in winning this competitive RFP process underscores our commitment to innovation in central monitoring systems.” This achievement not only highlights IGT’s technological leadership but also reflects the dedication of its team in delivering superior gaming solutions.
Recent Innovations and Impact
In parallel with its Ohio contract win, IGT has expanded its footprint with the Mississippi Lottery Corporation through a three-year contract extension. This extension introduced transformative enhancements, including a mobile convenience app, 28 new self-service terminals, and the Sales Wizard retail automation tool. These innovations underscore IGT’s proactive approach in enhancing lottery operations through user-friendly interfaces and automated retail solutions.
IGT’s strategic contract win with the Ohio Lottery Commission represents a significant achievement in the gaming technology sector. By leveraging its cutting-edge Intelligen central monitoring system, IGT is poised to drive operational excellence and regulatory compliance across Ohio’s extensive network of VLT machines. This partnership not only highlights IGT’s technological prowess but also sets a benchmark for future innovations in the lottery and gaming industry.