IGT and Acres to Resolve all Pending Litigation
The resolution was reached in the
"IGT is pleased to reach a mutual agreement with Acres that resolves all disputes between us. This allows us to dedicate our collective resources where they are better served, driving continued innovation in the exciting and evolving cashless gaming space," said
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About IGT
IGT (NYSE:IGT) is a global leader in gaming. We deliver entertaining and responsible gaming experiences for players across all channels and regulated segments, from Lotteries and Gaming Machines to Sports Betting and Digital. Leveraging a wealth of compelling content, substantial investment in innovation, player insights, operational expertise, and leading-edge technology, our solutions deliver unrivaled gaming experiences that engage players and drive growth. We have a well-established local presence and relationships with governments and regulators in more than 100 jurisdictions around the world, and create value by adhering to the highest standards of service, integrity, and responsibility. IGT has approximately 11,000 employees. For more information, please visit www.igt.com.
About Acres
Acres is a leading
casino
loyalty and technology expert and the creator of Foundation™, the first-of-its-kind
casino
management platform. Foundation provides
casinos
with real-time data from slot machines and a direct interface to the credit meter on any slot machine. Acres was founded by John Acres, the inventor of
casino
systems technology. For more information on
Contact:
Phil O'Shaughnessy,
Francesco Luti, Italian media inquiries, +39 06 5189 9184
James Hurley, Investor Relations, +1 (401) 392-7190
© 2024 IGT
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