IGT will continue its 16-year partnership with Colombian administrative gaming authority Coljuegos EICE following a public procurement process for a five-year private operator contract to run the draw-based online lottery game Baloto.
“With this new contract, Coljuegos will be able to increase the amount of revenue transferred to the Colombia health sector,” Juan B. Perez, president of Coljuegos said.
“This new contract, and IGT’s proven record of successfully operating Baloto in Colombia during the past 16 years, demonstrates the Company’s expertise in privately managing all aspects of lottery operations for governments,” added Declan Harkin, IGT Senior Vice President and Chief Operating Officer, International. “With this contract, IGT reaffirms its commitment to ensuring Coljuegos generates funds for good causes, and maintaining a strong presence in the Latin America market.”
Under this new contract, IGT will continue operating the online baloto-loto game and provide full management services, including the central system, terminals, communications, data center operations, product, marketing, sales, and field services. The concession will begin in April 2017.