IGT extends contract with Svenska Spel for three more years

Gaming technology and services provider International Game Technology (IGT) has announced a contract extension with Swedish state-owned gambling business AB Svenska Spel (Svenska Spel). The three-year agreement will enable IGT to continue delivering video lottery technology and services to the firm until January 2027.

The contract extension encompasses a wide range of solutions provided by IGT, including the INTELLIGEN central system, over 4,000 Quasar Video Lottery Terminals (VLT), high-performing games, and the award-winning IGTPay cashless technology. 

These offerings have played a vital role in Svenska Spel's growth and modernization, notes IGT, providing the company with the necessary tools to enhance player experiences and drive future-forward innovation.

Ola Enquist, Business Area Manager Casino Cosmopol & Vegas at Svenska Spel AB, expressed satisfaction with the extended partnership, acknowledging IGT's instrumental role in Svenska Spel's success. 

Enquist stated: "Given the critical role that IGT has played in Svenska Spel's continued growth and modernization, we are pleased to guarantee our partnership for an additional three years.”

“IGT provides the ideal content, technology, and services that enable Svenska Spel to responsibly grow our enterprise and engage our guests with next-generation experiences and future-forward innovation."

Mark MacCombie, IGT Senior Vice President of EMEA Gaming, highlighted the strong collaboration between IGT and Svenska Spel, emphasizing their shared commitment to serving the Swedish market effectively. 

Mark MacCombie, IGT Senior Vice President EMEA Gaming

MacCombie stated: "IGT and Svenska Spel have a proven approach for serving the Swedish market, and we look forward to building upon that foundation and helping Svenska Spel achieve its growth targets for three additional years.” 

“Svenska Spel's focus on superior player experiences and their willingness to adopt new technologies complement IGT's leadership in innovation. This is evidenced by more than a decade of shared success and deployments such as Svenska Spel's IGTPay-powered cashless solution."

IGT provides solutions across all major segments, from Lotteries and Gaming Machines to Sports Betting and Digital. For its part, state-owned AB Svenska Spel, operating under the brand name Svenska Spel, offers a diverse range of gaming products, including lotteries, sports betting, and casino games.