IGT, Scientific Games Awarded 20-Year Lottery Contract In BrazilPartnership For Brazilian State With 21 Million People |
|
A Las Vegas-based slot company is expanding its footprint in South America.
IGT Global Solutions Corporation, a subsidiary of International Game Technology PLC and Scientific Games, LLC, announced that they, along with local partner SAGA Consultoria e Representações Comerciais e Empresariais S/A, have formed a consortium and executed a concession agreement with the Minas Gerais State Lottery (LEMG) to operate an instants and passive lottery in Brazil.
The consortium will bring instant and passive games to players in the southeastern state of 21 million people, where lottery games are the only form of legalized gaming. Only Keno and a national draw game are currently offered in the state.
Terms of the 20-year agreement provide the consortium with an exclusive license for lottery operations in Minas Gerais, including instant games, a supporting instant ticket system and passive lottery games, with an option in the agreement for a 20-year renewal.
IGT and Scientific Games will lead the consortium’s operation of the instant ticket and passive lottery business in Minas Gerais. They will jointly provide printed instant games planning and production, while Scientific Games will supply the software and management system requirement.
“We are very pleased to enter the Brazilian lottery market through this partnership with Scientific Games and SAGA, leveraging IGT’s decades-long experience operating some of the world’s largest lotteries, along with best-in-class instant ticket and passive lottery solutions for player entertainment and good causes,” said Jay Gendron, IGT Chief Operating Officer, Global Lottery.
“This agreement enables us to expand IGT’s global leadership in lottery and build upon our operational expertise while creating additional opportunities in Brazil through the launch of printed instant tickets and related services.”
The contract is effective June 9, 2023, and the consortium expects to launch instant games by the end of 2023.
Copyright © 2001-2024
CardPlayer.com. All rights reserved.
