The expanded agreement, with La Lotería Nacional (LOTENAL), sees IGT provide lottery solutions and sports betting services until September 2024.
As part of the agreement, IGT will deliver a draw-based and instant ticket central system, lottery terminals, and a communications network, as well as ongoing marketing services such as research and game planning.
“LOTENAL has been evolving over the last few years, and this new contract with IGT ensures that we continue providing our players with the highest-quality and most engaging products,” said Mario Caballero Luna, LOTENAL Coordinator of Advisors. “We trust that IGT's industry leadership along with its top-performing technology will serve us well in the coming years.”
IGT will print instant tickets and provide all instants-related marketing consulting services in a bid to increase sales. The group will also provide trading advisory services for sports betting, including risk management and odds setting.
Jay Gendron, IGT COO, Global Lottery, commented: “IGT's successful partnership with LOTENAL spans three decades, and within that time frame, we have generated positive sales results to benefit many good causes throughout the country.
“The addition of IGT's trading advisory services and instant ticket printing as part of the latest contract, along with IGT's advanced technology, will continue to be key drivers of the Lottery's progression.”