IGT Subsidiary Inks Contract with Svenska Spel

It has been newly announced that IGT's subsidiary, Canada Solutions ULC, has inked a contract with Svenska Spel, Swedish National Lottery operator, arranged on January 9th. Via the deal, Canada Solutions will provide Video Lottery Terminals (VLTs), along with games, site controllers, and operational services to the company, which it will provide on 24/7 basis.

More specifically, the company has requested a minimum of 6,000 Quasar VLTs, 2,000 site controllers, which include touch-screen displays, the INTELLIGENâ„¢ Central System, and over 60 gaming titles. The contract is good for seven years, and if the companies so choose, they may instate one-year extensions up to three times. This translates to a maximum contract length of up to 10 years.

According to IGT International's CEO, Walter Bugno, "Throughout the last two decades, we've successfully supported and enhanced Svenska Spel's approach to protecting players while creating advanced solutions to meet their business objectives. This contract will help to ensure that Svenska Spel continues to responsibly grow and remain competitive in a rapidly changing marketplace. It will help to increase player engagement, ensure the long-term sustainability of their offering, and provide a safe gaming experience for their players, which is the cornerstone of Svenska Spel's program."

Svenska Spel will also receive Responsible Gaming (RG) tools, which are designed to equip users with a more realistic platform by way of features like step-by-step tutorials, odds and payout information, along with a fun section all users can relate to, which debunks myths relating to gambling. Additionally, players will be given the opportunity to set specific time and spending limits for themselves.

Via the INTELLIGEN system, the company will also be receiving a value-added module. It has the ability to recognize trends, while also offering suggestions for refining business performance elements.

Source: "IGT Wins Seven-Year Contract To Provide Video Lottery Terminals, Central System, Site Controllers, Games And Operational Services To Svenska Spel In Sweden'. January 18, 2017.

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