New Global Lottery Tech Provider IGT Chosen for National Lottery Concession in 2022
National Lottery Concession: IZI Group’s Strategic Partnership with IGT
National Lottery plc, a fully owned subsidiary of IZI Group plc, and the Preferred Proponent for the National Lottery Concession in Malta, recently unveiled a significant development. Subsidiaries of the renowned technology provider, International Game Technology PLC (IGT), have been chosen as the Lottery Technology and Services Provider for the upcoming National Lottery Concession, spanning from 2022 to 2032.
IZI Group’s Strategic Decision: Choosing IGT as the Technology Partner
Johann Schembri, IZI Group’s Founder and CEO, highlighted the meticulous preparations undertaken over two years for this project. The aim was to collaborate with a global lottery technology leader that embodies innovation, extensive experience in operating state lotteries, and a profound understanding of the local context. In International Game Technology, the Group found the ideal partner, marking this choice as one of the most pivotal strategic decisions.
Elevating the National Lottery Operation with World-Class Technology
Through this strategic alliance, National Lottery plc ensures that the National Lottery operation in Malta for the next decade will run on world-class technology. The selection of IGT, with its proven capabilities, aims to meet stringent demands and elevate the operation to European benchmarks. The goal is to create a paradigm shift in how the National Lottery is operated and appreciated by the public.
Mr. Schembri emphasized, “This partnership will usher in a new era, setting the operation on European standards, and transforming the lottery experience for the Maltese public.”
IGT’s Expertise: A Global Leader in Lotteries and Gaming
IGT stands as an undisputed global leader in lotteries and gaming, boasting $4.8 billion in revenues in 2019 and a global workforce of approximately 11,000. Jay Gendron, International Game Technology’s Chief Operating Officer, Global Lottery, expressed delight at being selected as National Lottery plc’s strategic technology partner.
“We believe that with our expertise as a world-leading lottery provider, combined with the local knowledge of National Lottery plc, we can provide a lottery experience of the highest quality in Malta. The Maltese lottery market is very interesting, and our experience in operating similar markets will ensure that the new lottery will be of the utmost quality,” said Mr. Gendron.
IGT: A Global Leader in Gaming
Listed on the New York Stock Exchange under the ticker symbol (NYSE:IGT), International Game Technology is a global leader in gaming, delivering entertaining and responsible gaming experiences across all channels and regulated segments. With a well-established local presence and relationships with governments and regulators in over 100 countries, International Game Technology upholds the highest standards of service, integrity, and responsibility.
Responsible Gaming
IZI Group is committed to providing unique gaming experiences in responsible and safe environments. We emphasize responsible gaming practices and encourage patrons to visit the Responsible Gaming Foundation at Responsible Gaming Foundation for support and information. All IZI Group plc operations are licensed by the Malta Gaming Authority under the Gaming Act Chapter 583 of the laws of Malta.
