International Game Technology (IGT) has announced an important partnership extension, confirming that it has agreed to extend its contract to provide its lottery system for the UK National Lottery. This announcement comes ahead of the switch of the Lottery license from Camelot to Allwyn, scheduled to take place at the start of next month.
IGT has been the leading provider of technology for lotteries across the globe and will continue to power the National Lottery with its solutions under the management of Allwyn. Camelot had been the operator of the Lottery since its first draw in 1994, but the UK gambling regulator, the Gambling Commission, selected Allwyn as the holder of the fourth Lottery license leading to a lawsuit from IGT. However, last week IGT discontinued its National Lottery-related appeal, effectively abandoning the damages it previously pursued from the regulator.
The extended collaboration with the Lottery isn’t surprising given that IGT has a growing portfolio of lottery partners across the globe, serving as the main technology provider for 25 lotteries across the United States and eight out of the top 10 largest lotteries around the world.
Jay Gendron, IGT’s COO of global lottery, expressed excitement about the extension, stating that the company is pleased to continue supporting the operation of The National Lottery, working alongside other suppliers and Allwyn.
John Tanner, the executive director for the 4th National Lottery Competition, predicted that the license transfer is expected to boost funding toward Good Causes. The Lottery has been actively raising money for Good Causes for over three decades, with the sum now surpassing £47 billion ($59.4 billion).
The partnership extension between IGT and the UK National Lottery signifies a continued commitment to empowering lotteries with innovative technology and solutions, and it is expected to contribute to the continued success of the National Lottery in the UK.