IGT will operate national lottery in strategic expansion to Brazil

Content Team June 14, 2023

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IGT will operate national lottery in strategic expansion to Brazil

Las Vegas-based operator IGT Global Solutions is expanding its presence in LatAm with a 20-year exclusive contract to operate the lottery in the State of Minas Gerais in Brazil. The licence holds a renewal option to extend for another 20 years. Instant games will be launched by year end.

IGT Global Solutions Corporation is a subsidiary of International Game Technology PLC and Scientific Games LLC. The consortium has been formed with a Brazilian local partner SAGA Consultoria e Representa??es Comerciais e Empresariais S/A. The result is that instant and passive games will be accessible to the south eastern state in Brazil where lottery and instant games such as Keno are still the only legal form of gambling.

We are very?pleased to enter the Brazilian lottery market?through this partnership with Scientific Games and SAGA, leveraging IGT’s decades-long experience operating some of the world’s largest lotteries, along with best-in-class instant ticket and passive lottery solutions for player entertainment and good causes?This agreement enables us to expand IGT’s global leadership in lottery and build upon our operational expertise while creating additional opportunities in Brazil through the launch of printed instant tickets and related services.” Jay Gendron, Chief Operating Officer, Global Lottery – IGT

Instant games and passive lottery operations, instant game planning and production will be managed as a joint effort whereas software management will be supplied by Scientific Games.

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IGT hopes to expand further in Brazil

Scientific Games brings 50 years of expertise in lottery instant games, analytics, systems and management services to Brazil. This will maximize revenues for the beneficiary programmes of the Loteria do Estado de Minas Gerais (LEMG). Players in the State of Minas Gerais can look forward to entertainment of a secure gaming system that is highly advanced.

The Cia. de Loterias de Minas Gerais, as it was then known, has been established and is one of the oldest lottery providers in LatAM. For example in 1923 when the lottery ran once a month, it made its first two millionaires. In 1939 the Governor of the State issued a degree to incorporate the Secretariat of Finance and the LEMG was established.

In Brazil LEMG is a highly profitable public institution that is run independently from the government and also boasts of a fundraising centre for social work in deprived areas providing inauguration of schools, kindergartens, hospitals and health and safety projects.

Related topics:

Waiting for the boom in Brazil’s sports betting sector (www.larryutley.com)

Qataris expected to win bid for Manchester United (www.larryutley.com)

iGaming legislation extended in New Jersey (www.larryutley.com)

STOP PRESS:? SiGMA Americas – World iGaming Festival will take place in Sao Paolo from 14 -18 June.

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