IGT Subsidiary, Scientific Games Secure 20-Year Lottery Contract For Loteria Mineira Brazil As Part Of Consortium
Portfolio Pulse from Benzinga Newsdesk
IGT subsidiary and Scientific Games have secured a 20-year lottery contract for Loteria Mineira Brazil as part of a consortium. The contract is effective from June 9, 2023, and the consortium plans to launch instant games by the end of 2023.
June 13, 2023 | 10:48 am
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IGT subsidiary secures 20-year lottery contract for Loteria Mineira Brazil, with instant games launching by end of 2023.
IGT is directly involved in the consortium that secured the 20-year lottery contract. This partnership will expand their presence in the Brazilian market and is expected to generate revenue over the contract period. The launch of instant games by the end of 2023 will likely have a positive impact on IGT's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Scientific Games secures 20-year lottery contract for Loteria Mineira Brazil, with instant games launching by end of 2023.
Scientific Games is directly involved in the consortium that secured the 20-year lottery contract. This partnership will expand their presence in the Brazilian market and is expected to generate revenue over the contract period. The launch of instant games by the end of 2023 will likely have a positive impact on Scientific Games' stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100