IGT Extends Sports Betting Contract with Rhode Island Lottery Through 2028
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 07 2026
0mins
Should l Buy ?
Source: PRnewswire
- Contract Extension: IGT has signed a two-year contract extension with the Rhode Island Lottery, ensuring the continued provision of statewide retail and mobile sports betting services through IGT PlaySports technology until November 2028, thereby solidifying their long-term partnership.
- Revenue Generation: IGT SVP Joe Bertolone highlighted that this extension will generate significant revenue for the state, underscoring IGT's crucial role in enhancing the Rhode Island Lottery's betting operations and strengthening the company's influence in the sports betting market.
- Technological Investment: IGT PlaySports is continuously investing in the Rhode Island app to ensure the Lottery offers a premier betting product, which not only enhances user experience but also positively impacts the state's commitments to good causes.
- Strategic Partnership: Since 2018, IGT PlaySports has partnered with Caesars Sportsbook and the Rhode Island Lottery to provide retail and mobile sports betting, and this extension further strengthens their strategic collaboration, driving sustained market growth.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy ?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
