IGT to provide the Oregon Lottery with its video lottery account-based cashless solutions

International Game Technology (IGT) announced Monday it will provide the Oregon Lottery with video lottery account-based cashless solutions via its INTELLIGEN central system. The Oregon Lottery will enable the technologies on the more than 11,500 video lottery terminals throughout the state. 

Barry Pack, Oregon Lottery Director, stated: "Through the deployment of IGT's account-based solution, Oregon Lottery VLT players will gain the ability to save large winnings to player account for redemption, removing the need for paper tickets which can be lost or stolen."

Pack added that it is also another "small step" towards knowing more about who plays the games, which he described as "a long-term goal" of the Lottery.

Ryan Reddy, IGT SVP, Global Product Management, VLT Systems, Payments and Poker, commented: "The Oregon Lottery operates one of the most successful VLT programs in North America and the integration of IGT's INTELLIGEN cashless solutions will enable many player benefits while offering flexibility to meet evolving market expectations and regulations."

Ryan Reddy

"As the demand for cashless technology has grown tremendously over the last two years, IGT applauds the Oregon Lottery's continued forward-thinking approach to evolve with industry innovations while maximizing contributions to good causes in the state," Reddy added. 

IGT's account-based functionality seamlessly integrates with the INTELLIGEN central system that connects all lottery VLTs in Oregon. The functionality enables the Oregon Lottery to build a website where players can create accounts and speed the redemption of winning video lottery tickets.

In addition, while Oregon Lottery is focusing on the claims process, IGT's account-based functionality can be leveraged to offer players additional opportunities, such as IGT's proprietary IGTPay payment gateway that enables secure and compliant external funding options. With this payment gateway, players can use a personal device to fund their accounts from a range of sources.

This week, IGT also announced that its PeakBarTop with Sports Betting has won the 'Land-Based Product of the Year' category at the 2022 Global Gaming Awards. The technology allows a player to watch a live sporting event and make a range of wagers on comprehensive sports betting menus. The company describes it as "a natural fit for bar and sportsbook environments."