A unanimous decision has seen the Iowa Lottery Authority Board vote 5-0 to award the Scientific Games Corporation a 10-year contract for a new statewide gaming system contract, with negotiations now set to begin immediately.
As a result, the 10-year contract will see Scientific Games serve the lottery and the 2,400 retail locations where Iowa Lottery games are sold. Iowa Lottery will also be planning to switch to the new gaming system in the summer of 2021.
Pat McHugh, Lottery Group CEO for Scientific Games, stated: “Scientific Games appreciates the trust the Iowa Lottery has placed in our Company and our technology to continue supporting programs that help make Iowa a great place to live.
“We are also very proud that the hard work of our teams and ability to successfully align with lotteries’ business plans continues to position Scientific Games as the fastest growing lottery systems provider in North America.”
Scientific Games was selected as the ‘best choice’ to meet the Iowa Lottery’s business objectives, upgrading the Lottery’s 2011 technology with minimal disruption to game sales. The smoother transaction and choice of contractor will help provide millions of dollars for vital state programs benefiting Iowa locals.
A statement released by Scientific Games added: “The Company won the contract based on highest overall score and ability to maximize funding for the Lottery’s beneficiaries. Over the last eight years of the Company’s current contract with the Iowa Lottery, the Lottery experienced an $878 million growth in total retail sales, or an average of $109 million in growth per year. Scientific Games also provides instant scratch games to the Iowa Lottery.”
In addition to delivering technology to the Iowa Lottery with minimal disruption to retail sales, Scientific Games will also now generate vital funding for Iowa state programs, such as university research, veterans and agriculture.
A contract between both organizations is currently being finalized as well as the technology switch plan which is set to include an advanced gaming system, central communications network, retailer terminals and player self-service kiosks.