International Game Technology (IGT) has extended its contract with Svenska Spel for the next three years, further strengthening it's in Sweden's gaming market. It means they can keep providing cutting-edge video lottery technology and services to the Swedish market. Svenska Spel will have access to IGT's INTELLIGEN™ central system, more than 4,000 Quasar™ Video Lottery Terminals ("VLTs"), high-performance games, and their award-winning IGTPay™ cashless technology.
Ola Enquist, Business Area Manager Casino Cosmopol & Vegas at Svenska Spel AB.
"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."
The agreement will be valid until January 2027 and will benefit both parties. IGT gets to continue playing a big part in the Swedish gambling market, and Svenska Spel gets access to some of the most enjoyed games by players.
Mark MacCombie, IGT Senior Vice President at EMEA Gaming.
"IGT and Svenska Spel have a proven approach to 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. It is evidenced by more than a decade of shared success and deployments such as Svenska Spel's IGTPay-powered cashless solution."
Svenska Spel is a Swedish gambling company with popular games like Lotto, Triss, Stryktipset, and Oddset at Svenska Spel. They host three international casinos that provide classic games like Roulette, Black Jack, and Poker. Additionally, you can access their Vegas machines in certain restaurants and bingo halls around the country.
Svenska Spel was created in 1997 through the unification of Tipstjänst and Penninglotteriet. Its subsidiary, Casino Cosmopol, opened its doors in 2001. The company has an estimated 1,500 employees of the Svenska Spel Group. Svenska Spel is a limited company owned by the Swedish government.
This company is the proud main sponsor of football, ice hockey, skiing, e-sports, and the Swedish Olympic Committee. Additionally, they significantly support some of Sweden's most renowned leagues, such as SHL, Hockeyallsvenskan, Svenska Spel Damhockeyligan, OBOS Damallsvenskan, and Elitettan. They also play an active role in the Swedish Sports Confederation's events. Furthermore, Svenska Spel dedicates 35 million SEK annually to youth sports initiatives.
International Game Technology is a global gambling provider known for producing slot machines and other gaming technologies. The company's headquarters are in London, with additional offices in Rome, Providence, Rhode Island, and Las Vegas. The company, listed on the New York Stock Exchange under the trading symbol "IGT," is known for attracting top talent worldwide, with its current staff of 10,500 across multiple locations. IGT is renowned within the gaming industry for its innovative and pioneering solutions. It has established itself as a global leader in the industry.