IGT Extends Its Contract With UAB Perlas Network For An Additional 12 Years Until 2035
Portfolio Pulse from Benzinga Newsdesk
IGT has extended its contract with UAB Perlas Network for an additional 12 years, until 2035. The agreement includes upgrades to the Lottery's central retail system with advanced software and user interfaces.
February 01, 2024 | 9:37 pm
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IGT extends its contract with UAB Perlas Network until 2035, including system upgrades.
The extension of IGT's contract with UAB Perlas Network until 2035 is a significant development, indicating a stable long-term revenue source. The inclusion of system upgrades in the agreement suggests potential for growth in service offerings and technological advancements, likely leading to positive investor sentiment and a potential increase in stock price in the short term.
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