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IGT Global Solutions Corporation Signs Three-year Contract Extension with Virginia Lottery

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International Game Technology PLC announced that its subsidiary, IGT Global Solutions Corporation, has signed a three-year contract extension with the Virginia Lottery.

The extension, when added to the full duration of the contract, will run through October 2033, and in addition makes available three, one-year extension options. IGT will provide the Virginia Lottery with an upgraded lottery central system and communications network, new point-of-sale hardware, and exciting gameplay features with a target live date of October 2025.

“Since first partnering with the Virginia Lottery in 2000, IGT has helped us responsibly modernize our lottery offerings and drive sales growth for our business. We look forward to IGT’s enhancements to our system and point-of-sale technology that will ultimately support our mission to generate revenue for Virginia’s K-12 public education,” Tony R. Russell, Interim Director of Virginia Lottery, said.

“IGT has worked closely with the Virginia Lottery for more than 20 years to deliver world-class, innovative lottery solutions and services. The upgraded technology being deployed for the Virginia Lottery as part of our latest extension will offer increased flexibility for the Lottery to easily manage its back-end operations. Additionally, the introduction of a progressive jackpot feature to the Lottery’s Print ‘n Play games will provide players with engaging new experiences,” said Jay Gendron, IGT Chief Operating Officer, Global Lottery.

Under the terms of the contract extension, IGT will upgrade the Virginia Lottery’s central retail system to its newest version of Aurora, part of IGT’s OMNIA lottery solution. IGT also will replace 5500 retailer terminals with its high-performance, high-volume terminal, the Retailer Pro S2, enabling the Lottery to easily add new features across multiple point-of-sale terminals simultaneously. IGT has been the primary lottery technology partner to the Virginia Lottery since 2000 and its primary instant ticket provider since 2020.

Industry News

Gaming and Leisure Properties Inc. Names Carlo Santarelli Senior Vice President, Corporate Strategy and Investor Relations

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Gaming and Leisure Properties Inc. announced that Carlo Santarelli has been appointed Senior Vice President, Corporate Strategy and Investor Relations, a new position at the Company. Mr. Santarelli will begin his new position on August 18, 2025 and will report to GLPI President and Chief Operating Officer, Brandon Moore.

Mr. Santarelli brings over 25 years of Wall Street experience in Equity Research and Investment Banking to his new role and joins the Company from Deutsche Bank where he was Managing Director of Gaming & Lodging Equity Research. Prior to Deutsche Bank, Mr. Santarelli held similar positions at Bear Stearns, JP Morgan and Wells Fargo. He consistently ranked highly in Institutional Investor and other sell-side analyst research polls as a thought leader in the space, providing unique perspectives on industry events and trends with his data-driven approach and stock picking talent. Carlo Santarelli graduated from the University of Pennsylvania with a B.A. in Economics in 2000.

Peter Carlino, Chairman and Chief Executive Officer of GLPI, said: “We’ve known and respected Carlo’s research work on the gaming, lodging and gaming REIT sectors for many years. Carlo brings to GLPI an in-depth knowledge of the industry and its participants, having experienced GLPI’s original formation of the gaming triple-net-REIT structure from a research analyst and capital markets perspective. We value his deep network of contacts among institutional investors, sell-side analysts and a wide range of gaming industry operators and we look forward to the value of his contributions.”

In his new role, Mr. Santarelli will work with Mr. Carlino and GLPI’s senior management to develop and evaluate growth opportunities and strategic relationships, and will oversee investor relations interactions.

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Industry News

VIP Play Announces Departure of Chief Financial Officer

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VIP Play, a technology-driven leader in interactive consumer engagement, announced that Jim Mackey, the Company’s Chief Financial Officer, will step down from his role, effective August 8, 2025.

The Company has initiated a transition process and is in the process of identifying a successor. Mackey will assist in an orderly transition over the coming weeks.

“We thank Jim for his contributions to the Company, particularly during a transformative period for our business. We remain focused on executing our strategic priorities, including financial visibility, operating efficiency, and delivering value to our stakeholders,” said Les Ottolenghi, CEO of VIP Play.

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BETBY LAUNCHES COMPREHENSIVE REPORT ON PERU’S REGULATED GAMBLING MARKET

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BETBY LAUNCHES COMPREHENSIVE REPORT ON PERU’S REGULATED GAMBLING MARKET

 

BETBY, the premium supplier of cutting-edge sportsbook solutions, has published a detailed report titled “The Peruvian Breakthrough: A Market Ready for Takeoff”, offering a thorough analysis of the country’s newly regulated iGaming industry.

Following the implementation of Peru’s online gambling framework in 2024, this report explores the legislative transformation, market growth trends, and consumer behavior shaping one of Latin America’s most promising emerging markets.

The report covers several key aspects, including:

Evolution of Peru’s gambling legislation and its impact on market structure and operator licensing;
Market performance analysis, including land-based vs. online growth and mobile channel adoption;
Economic indicators, such as GDP contribution, per capita GGR, and projected market size through 2030;
Player profiles and betting behavior, with insights into frequency, motivations, and engagement across age and gender groups;
Digital readiness, including mobile usage, internet speeds, and device preferences;
Competitive landscape, with a breakdown of leading operators and changes in market share.

🔗 DOWNLOAD the report to discover strategic insights and unlock growth opportunities in Peru’s regulated gambling ecosystem.

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