LONDON, May 5, 2016 /PRNewswire/ -- International Game
Technology PLC ("IGT") (NYSE: IGT) today announced its agreement
with S&K Gaming, LLC a wholly owned subsidiary of The
Confederated Salish and Kootenai Tribes of the Flathead Indian
Reservation, to install IGT Advantage® 9.2 casino management
systems and a selection of systems applications at Gray Wolf Peak
and KwaTaqNuk Casinos in Montana.
Following a highly competitive bidding process, IGT® secured an
agreement to replace competing systems with a comprehensive
installation including Service Window and related bonusing
applications Xtra Credit®, Point Play™ and Point Pursuit™.
"The continued momentum in IGT's systems business and the
award of this highly competitive replacement agreement is based
upon our unique capabilities to help operators of all sizes scale
their systems as they position their properties for growth,"
said Nick Khin, IGT Senior
Vice President of Sales, North America Gaming &
Interactive. "The expansion of IGT Advantage systems
in Montana will help Gray Wolf
Peak and KwaTaqNuk Casinos establish a new level of service and
interaction that can significantly enhance the gaming experience
for players today and in the
future."
"Replacement of our casino management system was a decision
that required considerable research and consideration. IGT
Advantage with Service Window truly stands apart from competing
systems for its ability to streamline back room operations while
offering players new bonus experiences and personalized
offers. We're excited to leverage the full capabilities of
IGT systems as part of our expansion plans for Gray Wolf Peak and
KwaTaqNuk Casinos," said Bryon
Miller, Interim CEO, S&K Gaming, LLC.
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 has over 12,000 employees. For more
information, please visit www.IGT.com.
About S&K Gaming LLC
The Confederated Salish and
Kootenai Tribes created S&K Gaming, LLC in 2006 for the purpose
of providing general gaming management oversight. Now, S&K
Gaming, LLC is a revenue generator for its tribes and creates
steady employment opportunities.
S&K Gaming, LLC successfully manages tribal owned and
operated businesses that include: Gray Wolf Peak Casino, KwaTaqNuk
Resort and Casino, S&K Polson Bay Marina, and Big
Arm Marina.
Superior hospitality, exciting and memorable entertainment, job
creation, and providing for a better future for members of the
Confederated Salish and Kootenai Tribes are important goals of
S&K Gaming, LLC Board of Directors and its
management team.
The Flathead Reservation is home to three tribes, the Bitterroot
Salish, Upper Pend d'Oreilles, and the Kootenai making up the
Confederated Salish and Kootenai Tribes located in northwestern
Montana. As of February 2015 there are 7,972 enrolled members of
the Confederated Salish and Kootenai Tribes. The Flathead
Reservation was established in 1855 as a direct result of The
Treaty of Hell Gate.
The S&K Gaming, LLC Board of Directors and its management
team have a strong desire and sense of responsibility to contribute
towards a solid future for the Confederated Salish and Kootenai
Tribes. Our ancestors have taught us to prepare for the future and
to take care of our people. We follow the teachings of our
ancestors personally and professionally.
Our Board Members and Management team weaves the tribes'
important history, culture and heritage into its business values on
a daily basis.
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) the
possibility that the businesses of International Game Technology
and GTECH S.p.A. will not be integrated successfully, or that the
combined companies will not realize estimated cost savings,
synergies, growth or other anticipated benefits or that such
benefits may take longer to realize than expected; the possibility
that IGT will be unable to pay future dividends to shareholders or
that the amount of such dividends may be less than anticipated; the
possibility that IGT may not obtain its anticipated financial
results in one or more future periods; 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; IGT's ability to hire and retain key personnel; the
impact of the consummation of the business combination on
relationships with third parties, including customers, employees
and competitors; IGT's 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 IGT;
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; the resolution of pending and potential
future legal, regulatory or tax proceedings and investigations; 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, 2015 and other documents
filed from time to time with the Securities and Exchange
Commission, which are available on the SEC website at www.sec.gov
and on the investor relations section of the company's website at
www.IGT.com. 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.
Media Contact:
Phil
O'Shaughnessy, IGT (702) 669-2975
© 2016 IGT. All other trademarks used herein are owned by IGT or
its affiliates, may not be used without permission, and where
indicated with a ®, are registered in the U.S. Patent and Trademark
Office.
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