IGT promotes player security in VLT supply deal with Oregon Lottery

IGT agrees VLT supply deal with Oregon Lottery
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IGT will provide the Oregon Lottery with its video lottery account-based cashless solution via its Intelligen central system, enhancing player security in Oregon.

Under the provisions of the new agreement, the Oregon Lottery will benefit from IGT’s account-based cashless technologies on more than 11,500 video lottery terminals (VLTs) throughout the state.

“Through the deployment of IGT’s account-based solution, Oregon Lottery VLT players will gain the ability to save large winnings to player accounts for redemption, removing the need for paper tickets which can be lost or stolen,” commented Barry Pack, Oregon Lottery Director.

“It’s also another small step towards knowing more about who plays our games, which is a long-term goal of ours.”

The lottery will also have the option of building a website where players can create accounts and accelerate the process of redeeming winning video lottery tickets.

“The Oregon Lottery operates one of the most successful VLT programmes in North America and the integration of IGT’s Intelligen cashless solutions will enable many player benefits while offering flexibility to meet evolving market expectations and regulations,” added Ryan Reddy, IGT SVP, Global Product Management, VLT Systems, Payments and Poker.

“As the demand for cashless technology has grown tremendously over the last two years, IGT applauds the Oregon Lottery’s continued forward-thinking approach to evolve with industry innovations while maximising contributions to good causes in the state.”

Additionally, players will be able to use a personal device to fund their accounts from a range of sources, making use of IGT’s proprietary IGTPay payment gateway, which enables secure and compliant external funding options.

Meanwhile, last month, IGT finalised the sale of its Italian proximity payment businessPoste Pay SpA – Patrimonio Destinato IMEL – for €700m.