LONDON and LAS VEGAS, March 1,2021 /PRNewswire/ -- International Game Technology PLC('IGT') (NYSE: IGT) and Scientific Games Corporation ('ScientificGames') (NASDAQ: SGMS), today announced that they have signed across-licensing agreement for patents related to cashless slotgaming technologies. Under the agreement, Scientific Games and IGTwill be able to offer patented cashless gaming technologies fromthe companies' combined portfolios of casino management systemssolutions to the U.S. gaming industry. Financial terms of theagreement have not been disclosed.

As a result of this agreement, operators will now be able tounlock the industry's most compelling portfolio of cashless gamingtechnologies. By combining the strongest features of each Company'scashless gaming patent portfolio, IGT and Scientific Games areproviding a solution for the gaming industry to quickly increaseadoption of cashless technology.

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'This cross-licensing agreement provides casino operators accessto the gaming industry's most compelling portfolio of cashlessgaming technologies. We have made significant R&D investmentsover many years to develop this comprehensive suite of intellectualproperty in the cashless space. It makes revolutionary improvementsto the player experience and represents the greatest advancement incashless payments since the introduction of Ticket-In, Ticket-Out(TITO),' said Renato Ascoli, IGTCEO Global Gaming. 'Cashless gaming is here to stay, and thisstrong portfolio of cashless IP can help casino operators ensurethe safety of players by reducing cash handling and points ofcontact with slot games, while considerably improving casinooperating efficiencies.'

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2. IGT designs, manufactures, develops, manufactures, takes care of all the sales and distribution considering various gaming machines and other lottery systems. Besides this, IGT’s software includes both online and mobile products for your better gambling experience.

'At Scientific Games, we continue to find ways to extend thebenefits of our innovative cashless technology. This new programallows SG and IGT to combine our leading IP for the benefit of ourcustomers, and our industry,' said MattWilson, CEO, Gaming Business Unit Scientific Games.'Consumers are increasingly comfortable using cashless technology,and they will continue to expect this option to be available on thefloor. We're excited to partner with IGT to make it easier foroperators to deliver for their players.'

Through the agreement, each company will have immediate accessto the other party's cashless gaming patents.

About IGT
IGT (NYSE:IGT) is the global leader ingaming. We deliver entertaining and responsible gaming experiencesfor players across all channels and regulated segments, from GamingMachines and Lotteries to Sports Betting and Digital. Leveraging awealth of compelling content, substantial investment in innovation,player insights, operational expertise, and leading-edgetechnology, our solutions deliver unrivalled gaming experiencesthat engage players and drive growth. We have a well-establishedlocal presence and relationships with governments and regulators inmore than 100 countries around the world, and create value byadhering to the highest standards of service, integrity, andresponsibility. IGT has approximately 11,000 employees. For moreinformation, please visit www.IGT.com.

About Scientific Games
Scientific Games Corporation(NASDAQ: SGMS) is a world leader in entertainment offering dynamicgames, systems and services for casino, lottery, social gaming,online gaming and sports betting. Scientific Games offers thegaming industry's broadest and most integrated portfolio of gamecontent, advanced systems, cutting-edge platforms and professionalservices. Committed to responsible gaming, Scientific Gamesdelivers what customers and players value most: trusted security,engaging entertainment content, operating efficiencies andinnovative technology. For more information, please visitscientificgames.com.

Cautionary Statement Regarding Forward-LookingStatements

IGT
This news release may contain forward-lookingstatements (including within the meaning of the Private SecuritiesLitigation Reform Act of 1995) concerning International GameTechnology PLC and its consolidated subsidiaries (the 'Company')and other matters. These statements may discuss goals, intentions,and expectations as to future plans, trends, events, dividends,results of operations, or financial condition, or otherwise, basedon current beliefs of the management of the Company as well asassumptions made by, and information currently available to, suchmanagement. Forward-looking statements may be accompanied by wordssuch as 'aim,' 'anticipate,' 'believe,' 'plan,' 'could,' 'would,'should,' 'shall', 'continue,' 'estimate,' 'expect,' 'forecast,'future,' 'guidance,' 'intend,' 'may,' 'will,' 'possible,'potential,' 'predict,' 'project' or the negative or othervariations of them. These forward-looking statements speak only asof the date on which such statements are made and are subject tovarious risks and uncertainties, many of which are outside theCompany's control. Should one or more of these risks oruncertainties materialize, or should any of the underlyingassumptions prove incorrect, actual results may differ materiallyfrom those predicted in the forward-looking statements and frompast results, performance, or achievements. Therefore, you shouldnot place undue reliance on such statements. Factors that couldcause actual results to differ materially from those in theforward-looking statements include (but are not limited to) thefactors and risks described in the Company's annual report on Form20-F for the financial year ended December 31, 2019 and otherdocuments filed from time to time with the SEC, which are availableon the SEC's website at www.sec.gov and on the investor relationssection of the Company's website at www.IGT.com. Except as requiredunder applicable law, the Company does not assume any obligation toupdate these forward-looking statements. You should carefullyconsider these factors and other risks and uncertainties thataffect the Company's business. All forward-looking statementscontained in this news release are qualified in their entirety bythis cautionary statement. All subsequent written or oralforward-looking statements attributable to International GameTechnology PLC, or persons acting on its behalf, are expresslyqualified in their entirety by this cautionary statement.

Scientific Games
In this press release, ScientificGames makes 'forward-looking statements' within the meaning of theU.S. Private Securities Litigation Reform Act of 1995.Forward-looking statements can be identified by words such as'will,' 'may,' and 'should.' These statements are based uponmanagement's current expectations, assumptions and estimates andare not guarantees of timing, future results or performance.Therefore, you should not rely on any of these forward-lookingstatements as predictions of future events. Actual results maydiffer materially from those contemplated in these statements dueto a variety of risks, uncertainties and other factors, includingthose factors described in Scientific Games' filings with the SEC,including Scientific Games' current reports on Form 8-K, quarterlyreports on Form 10-Q and its latest annual report on Form 10-Kfiled with the SEC on February 18,2020 (including under the headings 'Forward-LookingStatements' and 'Risk Factors'). Forward-looking statements speakonly as of the date they are made and, except for Scientific Games'ongoing obligations under the U.S. federal securities laws,Scientific Games undertakes no obligation to publicly update anyforward-looking statements whether as a result of new information,future events or otherwise.

IGT Media and Investor Contacts:
Phil O'Shaughnessy, Global Communications, tollfree in U.S./Canada +1 (844)IGT-7452; outside U.S./Canada +1(401) 392-7452
Francesco Luti, +39 3485475493; forItalian media inquiries
James Hurley, Investor Relations, +1(401) 392-7190

Scientific Games Media and Investor Contacts:
MediaInquiries, media@scientificgames.com
Investor Inquiries, ir@scientificgames.com

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SOURCE Scientific Games Corporation

LONDON, Jan. 26, 2021 /PRNewswire/ -- InternationalGame Technology PLC ('IGT') (NYSE: IGT) announced today that itsPlaySports platform is powering the recently launched FanDuelSportsbook mobile app in Michigan,the latest U.S. state to introduce regulated online sports bettingand iGaming. In addition, proven IGT PlayDigital PlayCasino gamessuch as Fortune Coin^®, Cleopatra^®, GameKing^® and IGT Blackjack can now be enjoyed by onlineplayers throughout Michigan viaFanDuel Casino. These deployments complement the state-of-the-artFanDuel Sportsbook at MotorCity Casino in Detroit that opened in March 2020.

'IGT's PlaySports technology and experienced team have helpedFanDuel Group continue to grow in the U.S. and maintain itsposition as America's #1 Sportsbook,' said Niall Connell, Senior Vice President, GeneralManager FanDuel Sportsbook. 'With the launch of FanDuelSportsbook app in Michigan, sportsfans throughout the State have added choice and convenience forwhen and where they engage with their favorite sports teams andonline casino games.'

'Aiding FanDuel Group's expansion in Michigan via our proven PlaySports platformand entertaining PlayCasino games that span slots, video poker andtable games is an exciting start to 2021 and another keyachievement in the IGT-FanDuel relationship,'said Enrico Drago, IGTPlayDigital Senior Vice President.'Michigan is projected to be one of the most livelysports betting and iGaming markets in the U.S. and our retail andmobile PlaySports technology and world-renowned PlayCasino gameswill enable FanDuel Group to scale its offering for theopportunities of today and the future.'

This PlaySports platform deployment in Michigan marks the ninth state where IGT andFanDuel Group have teamed up to deliver best-in-class mobile sportsbetting, the sixth state where the companies have partnered indelivering an omnichannel sports betting solution, and the thirdstate where IGT PlayDigital casino games are featured on FanDuelGroup-operated online casinos.

For more information on IGT PlaySports visitIGT.com/PlaySports.

About IGT
IGT (NYSE:IGT) is the global leader ingaming. We deliver entertaining and responsible gaming experiencesfor players across all channels and regulated segments, from GamingMachines and Lotteries to Sports Betting and Digital. Leveraging awealth of compelling content, substantial investment in innovation,player insights, operational expertise, and leading-edgetechnology, our solutions deliver unrivaled gaming experiences thatengage players and drive growth. We have a well-established localpresence and relationships with governments and regulators in morethan 100 countries around the world, and create value by adheringto the highest standards of service, integrity, and responsibility.IGT has approximately 11,000 employees. For more information,please visit www.igt.com.

Contact:
PhilO'Shaughnessy, Global Communications, toll free inU.S./Canada +1 (844) IGT-7452;outside U.S./Canada +1 (401)392-7452
Francesco Luti, +39 3485475493; forItalian media inquiries
James Hurley, Investor Relations, +1(401) 392-7190

© 2021 IGT

The trademarks and/or service marks used herein are eithertrademarks or registered trademarks of IGT, its affiliates or itslicensors.

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SOURCE International Game Technology PLC