Lotterie Nazionali accepts 9 year contract extension with IGT, SGMS

Lotterie Nazionali accepts 9 year contract extension with IGT, SGMS

December 04, 2017 9:57 AM
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Lottery providers International Game Technology (IGT) and Scientific Games Corporation (SGMS) have announced that Lotterie Nazionali S.r.l., a joint venture which is the exclusive manager of Scratch & Win in Italy and owned 64% by IGT subsidiary Lottomatica Holding, and directly and indirectly owned 20% by Scientific Games Corporation and 16% by Arianna 2001, has accepted a nine-year contract extension for the Italian Scratch & Win concession.

The deal is the result of a communication received from the Italian regulator Agenzia delle Dogane e dei Monopoli.

The Italian Scratch & Win concession will now be operated by the partners through September 30, 2028.

IGT made the announcement via its London office while SGMS made its announcement from its Las Vegas headquarters.