International Game Technology Announced Signing of Agreement with the Massachusetts Gaming Commission for New Central Monitoring System

LONDON, June 1, 2015 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced that its wholly-owned subsidiary, GTECH Corporation, has entered into an agreement with the Massachusetts Gaming Commission to provide a central monitoring system that will monitor up to 20,000 electronic gaming devices at up to four venues in the Commonwealth, with the Plainridge Park Casino in Plainville being the first venue.  IGT expects to receive approximately $23 million in revenues over 10 years.

"IGT welcomes the opportunity to assist the Massachusetts Gaming Commission in building this new and exciting business endeavor in the Commonwealth," said Michael Chambrello, IGT CEO, North America Lottery.  "We have leveraged more than 20 years of development expertise along with intelligence gathering and validation sessions with gaming central system clients throughout the world to produce a system that meets both their current and future needs: the INTELLIGEN system. We look forward to working closely with the Commission to deliver this flexible, secure, and robust system that will allow them to effectively manage their new business and help to generate additional revenue for the Commonwealth."

IGT's INTELLIGEN™ was designed to support new industry advancements and incorporates full support for the Gaming Standards Association's Game to System® (G2S™) protocol, as well as existing industry standard protocols such as SAS.  The INTELLIGEN system will provide the Massachusetts Gaming Commission with the ability to monitor electronic gaming devices using either SAS or G2S. The system will also provide the Commission with advanced security and financial monitoring functionality, which will assist in ensuring the integrity and transparency of the gaming program in the Commonwealth.

The implementation in Massachusetts will be IGT's sixth implementation of the INTELLIGEN system in the United States, following completed implementations in Kansas, Maryland and Rhode Island and ongoing implementations in Oregon and Pennsylvania.

About IGT

IGT (NYSE:IGT) is the global leader in gaming. We enable players to experience their favorite games across all channels and regulated segments, from Gaming Machines and Lotteries to Interactive and Social Gaming. Leveraging a wealth of premium content, substantial investment in innovation, in-depth customer intelligence, operational expertise and leading-edge technology, our gaming solutions anticipate the demands of consumers wherever they decide to play. We have a well-established local presence and relationships with governments and regulators in more than 100 countries around the world, and create value by adhering to the highest standards of service, integrity, and responsibility. IGT generated approximately $6 billion in revenues in 2014 and has more than 13,000 employees. For more information, please visit www.merger.igt.com.

Cautionary Statement Regarding Forward-Looking Statements

This news release may contain forward-looking statements (including within the meaning of the Private Securities Litigation Reform Act of 1995) concerning IGT and other matters. These statements may discuss goals, intentions and expectations as to future plans, trends, events, results of operations or financial condition, or otherwise, based on current beliefs of the management of IGT as well as assumptions made by, and information currently available to, such management. Forward-looking statements may be accompanied by words such as "aim," "anticipate," "believe," "plan," "could," "would," "should,", "shall", "continue", "estimate," "expect," "forecast," "future," "guidance," "intend," "may," "will," "possible," "potential," "predict," "project" or the negative or other variations of them. These forward-looking statements are subject to various risks and uncertainties, many of which are outside IGT's control. Should one or more of these risks or uncertainties materialize, or should any of the underlying assumptions prove incorrect, actual results may differ materially from those predicted in the forward-looking statements and from past results, performance or achievements. Therefore, you should not place undue reliance on the forward-looking statements. Factors that could cause actual results to differ materially from those in the forward-looking statements include (but are not limited to) risks that the businesses of International Game Technology and GTECH S.p.A. will not be integrated successfully, following the recent completion of their business combination, or that the combined companies will not realize estimated cost savings, value of certain tax assets, synergies, growth or other anticipated benefits or that such benefits may take longer to realize than expected; risks relating to unanticipated costs of integration of the two companies; reductions in customer spending; a slowdown in customer payments and changes in customer demand for products and services; unanticipated changes relating to competitive factors in the industries in which the company operates; ability to hire and retain key personnel; the potential impact of the consummation of the business combination on relationships with third parties, including customers, employees and competitors; ability to attract new customers and retain existing customers in the manner anticipated; reliance on and integration of information technology systems; changes in legislation or governmental regulations affecting the company; international, national or local economic, social or political conditions that could adversely affect the company or its customers; conditions in the credit markets; risks associated with assumptions the company makes in connection with its critical accounting estimates and legal proceedings; and the company's international operations, which are subject to the risks of currency fluctuations and foreign exchange controls. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties that affect IGT's business, including those described in IGT's annual report on Form 20-F for the financial year ended December 31, 2014 and other documents filed from time to time with the Securities and Exchange Commission (the "SEC"). Except as required under applicable law, IGT does not assume any obligation to update the forward-looking statements. Nothing in this news release is intended, or is to be construed, as a profit forecast or to be interpreted to mean that earnings per IGT share for the current or any future financial years will necessarily match or exceed the historical published earnings per IGT share, as applicable. All forward-looking statements contained in this news release are qualified in their entirety by this cautionary statement. All subsequent written or oral forward-looking statements attributable to IGT, or persons acting on its behalf, are expressly qualified in their entirety by this cautionary statement.

Contact:Robert K. Vincent, Corporate Communications, (401) 392-7452James Hurley, Investor Relations, (401) 392-7190Simone Cantagallo, (+39) 06 51899030; for Italian media inquiries

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SOURCE International Game Technology PLC