EquiLottery and IGT Global Solutions Corp., a subsidiary of International Game Technology PLC (NYSE: IGT) ("IGT") have entered into an agreement whereby IGT can elect to promote EquiLottery to lotteries across the United States.
Touted as "The Next Generation of Lottery Draw Games," EquiLottery offers a compelling new game for lotteries that delivers the excitement of live horse racing to lottery players. This unique offering provides lotteries an opportunity to grow the revenues going to lottery good causes while increasing the exposure and revenues to the sport of horse racing, an industry that supports hundreds of thousands of jobs across the country.
"IGT is the global leader in lottery services and this arrangement shows their commitment to growing the industry through third-party innovation," EquiLottery Founder and chief executive officer Brad Cummings said in a release. "We are excited to pursue our goals of increasing support for lottery good causes and creating a new way for players to experience the thrill of live horse racing."
Under this arrangement, IGT has the ability to make EquiLottery available to current and potential lottery customers as an established game and software solution.