IGT Subsidiary Signs 10-Year Contract Extension With The North Carolina Education Lottery
Portfolio Pulse from Benzinga Newsdesk
IGT's subsidiary has signed a 10-year contract extension with the North Carolina Education Lottery, starting in 2027. The agreement includes deploying IGT's Aurora central system and providing various upgraded lottery solutions.
October 03, 2024 | 10:46 am
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IGT has secured a 10-year contract extension with the North Carolina Education Lottery, starting in 2027. This deal involves deploying IGT's Aurora central system and other lottery solutions, potentially boosting IGT's revenue and market position.
The contract extension with the North Carolina Education Lottery is significant for IGT as it ensures a long-term revenue stream and strengthens its market position in the lottery sector. The deployment of advanced systems and solutions could enhance IGT's service offerings and customer satisfaction, likely leading to positive investor sentiment and a potential short-term stock price increase.
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