Scientific Games has secured a long-term contract to provide a new state-wide gaming system to the Iowa Lottery and 2,400 retail locations where its games are sold.
The agreement will run for an initial 10 years, with the option to extend by an additional five years. The Iowa Lottery Authority Board voted 5-0 in favour of awarding the contract to Scientific Games.
Scientific Games, which has served as the gaming systems provider to the Iowa Lottery for the past 18 years, plans to launch the new system in the coming year.
As part of the new technology rollout, the Iowa Lottery will also upgrade its central communications network, retailer terminals and player self-service kiosks.
Over the last eight years of Scientific Games’ current deal with the Iowa Lottery, the lottery saw retail sales increase by a total of $878m, or an average of $109m in per year.
“Scientific Games appreciates the trust the Iowa Lottery has placed in our Company and our technology to continue supporting programs that help make Iowa a great place to live,” SG Lottery group chief executive Pat McHugh said.
“We are also very proud that the hard work of our teams and ability to successfully align with lotteries’ business plans continues to position Scientific Games as the fastest growing lottery systems provider in North America.”
The deal comes after Scientific Games last week also signed a four-year extension to its technology contract with long-term partner Staatliche Lotterieverwaltung (Lotto Bayern), the state lottery of the German state of Bavaria.