IGT said on 19 May that its Italian lottery contract had been renewed, following a $2.6bn bid. The payments include €500m and €300m in 2025, with a $1.7bn balance due in 2026; IGT holds a 61.5% stake in the consortium operating the lottery business.
The renewed contract preserves IGT’s Italian lottery business while requiring substantial payments through 2026.
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The GCGRA granted Random State a gaming-related vendor licence to offer eInstant games and digital-lottery products to licensed UAE operators, according to the company. Random State expects its first titles to go live in the next month, with the launch subject to the operator arrangements described in its announcement.
The UAE’s General Commercial Gaming Regulatory Authority approved IGT Global Services as a gaming-related vendor, making it the seventh company to receive that status. Separately, the GCGRA signed a memorandum of understanding with New Jersey’s Division of Gaming Enforcement covering regulatory cooperation, cybersecurity and consumer protection.
Allwyn announced agreements with Kambi to develop a proprietary sportsbook platform and plans to acquire the remaining 30% of Instant Win Gaming. The Kambi agreements provide Allwyn with a perpetual global source-code licence and services, for consideration of €50 million over three years to 2029; about half is expected in 2027.
Allwyn announced agreements with Kambi Group to develop its own sportsbook platform and plans to buy the remaining 30% of digital instant-game supplier Instant Win Gaming (IWG). The platform is intended for online and retail betting.
Kambi said it has agreed to license its sportsbook source code to Allwyn and provide services as the operator consolidates its sports betting brands on one platform. The agreements, including a long-term trading services deal, are expected to add approximately €45–50 million to Kambi’s operating profit over 2027–2031, with around 40% recognised in 2027 and 20% in 2028.
Kambi has agreed to license its sportsbook source code to Allwyn as the operator brings its sports betting brands onto one platform, Kambi said. The licence is perpetual and global, and Kambi will provide associated services and trading services.
IGT announced the launch of a customised slot game for Holland Casino's 50th anniversary, available at all 13 of the operator's venues in the Netherlands. The companies said the title marks more than 40 years of collaboration; it runs on IGT's RISE55 cabinet.