IGT signs multi-year agreement with WWE for exclusive licensing rights to develop omnichannel lottery games
LONDON, January 6, 2022 / PRNewswire / – International Game Technology PLC (“IGT”) (NYSE: IGT) Announced that it has entered into an exclusive multi-year license agreement with WWE (NYSE: WWE) to develop and distribute branded omnichannel lottery games WWE and turnkey promotional programs featuring company logos, superstars, events and programs.
“The WWE brand has a wide appeal that reaches various age groups and cultural demographics in many geographies,” noted Jay gendron, COO of IGT, Lottery. “IGT looks forward to merging the unique strengths of WWE with IGT’s lottery expertise to create engaging, high-quality games and second-chance promotional opportunities for our global customers and their players. ”
“IGT is the undisputed industry leader in lotteries and gaming, and we look forward to working together in bringing our intellectual property to our fans and to lottery games around the world. “ noted Alex varga, WWE Vice President, Revenue Strategy and Development. “This is an exciting opportunity for us to continue to build on the strong intersection between the WWE universe and another segment of the gaming landscape.”
IGT (NYSE: IGT) is the world’s leading gaming company. We provide fun and responsible gaming experiences for players across all regulated channels and segments, from gaming machines and lotteries to sports and digital betting. Leveraging a wealth of compelling content, substantial investments in innovation, player knowledge, operational expertise and cutting-edge technology, our solutions deliver unparalleled gaming experiences that engage gamers and drive growth. . We have a well-established local presence and relationships with governments and regulators in over 100 countries around the world, and create value by adhering to the highest standards of service, integrity and accountability. IGT has approximately 11,000 employees. For more information, please visit www.igt.com.
WWE, a publicly traded company (NYSE: WWE), is an integrated media organization and a recognized leader in global entertainment. The Company is made up of a portfolio of companies that create and deliver original content 52 weeks per year to a global audience. WWE is committed to providing family-friendly entertainment on its television programming, pay-per-view channels, digital media and publishing platforms. WWE TV-PG programming can be seen in over 900 million homes worldwide in 28 languages through world-class distribution partners including NBCUniversal, FOX Sports, BT Sport, Sony India and Rogers. WWE’s award-winning network includes all live pay-per-views, scheduled programming and a huge library of on-demand videos and is currently available in over 180 countries. In United States, Peacock, the streaming service of NBCUniversal, is the exclusive home of the WWE Network.
Caution regarding forward-looking statements
This press release may contain forward-looking statements (including within the meaning of the Private Securities Litigation Reform Act of 1995) regarding International Game Technology PLC and its consolidated subsidiaries (the “Company”) and other matters. These statements may discuss objectives, intentions and expectations regarding future plans, trends, events, dividends, results of operations or financial condition, or otherwise, based on the current beliefs of the management of the company. Company as well as the assumptions made by, and information currently available to this management. Forward-looking statements may be accompanied by words such as “aim”, “anticipate”, “believe”, “plan”, “could”, “should”, “should”, “must”, “continue”, “” “” expect “,” foresee “,” the future “,” direction “,” intention “,” could “,” power “,” possible “,” potential “,” predict “,” project “or negative or other variations of them. These forward-looking statements speak only as of the date on which such statements are made and are subject to various risks and uncertainties, many of which are beyond the control of the Company. If one or more of these risks or uncertainties materialize, or if any of the underlying assumptions prove to be incorrect, actual results may differ materially from those predicted in forward-looking statements and from past results, performance or achievements. Therefore, you should not place undue reliance on these statements. Factors that could cause actual results to differ materially from forward-looking statements include (but are not limited to) the factors and risks described in the Company’s annual report on Form 20-F for the year. ended December 31, 2020 and other documents filed from time to time with the SEC, which are available on the SEC’s website at www.sec.gov and in the Investor Relations section of the Company’s website at www.IGT.com. Except as required by applicable law, the Company assumes no obligation to update these forward-looking statements. You should carefully consider these factors and other risks and uncertainties that affect the Company’s business. All forward-looking statements contained in this press release are qualified in their entirety by this cautionary statement. All subsequent written or oral forward-looking statements attributable to International Game Technology PLC, or to persons acting on its behalf, are expressly qualified in their entirety by this cautionary statement.
Phil O’Shaughnessy, Global Communications, toll-free number in the United States /Canada +1 (844) IGT-7452; outside the United States /Canada +1 (401) 392-7452
Francesco luti, +39 06 5189 9184; for Italian media inquiries
James hurley, Investor Relations, +1 (401) 392-7190
© 2022 IGT
The trademarks and / or service marks used herein are trademarks or registered trademarks of IGT, its affiliates or its licensors.
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SOURCE International Game Technology PLC