WWE has officially entered the lottery business, as they have announced an agreement with International Game Technology today (January 6).
WWE has signed a multi-year agreement with IGT to create WWE-branded omnichannel lottery games, including scratch tickets featuring company logos, superstars and more.
WWE posted the following statement on their corporate website:
WWE Signs Multi-Year Agreement with IGT for Exclusive Licensing Rights to Develop Omnichannel Lottery Games
01/06/2022
STAMFORD, Conn.–(BUSINESS WIRE)– WWE (NYSE: WWE) announced that it has signed a multi-year exclusive licensing agreement with International Game Technology PLC (“IGT”) (NYSE: IGT) to develop and distribute WWE-branded omnichannel lottery games and turnkey promotional programs featuring company logos, Superstars, events and programs.
“IGT is the clear industry leader in the lottery and gaming space, and we look forward to collaborating by bringing our intellectual property to our fans and lottery games around the globe,” said Alex Varga, WWE Vice President, Revenue Strategy & Development. “This is an exciting opportunity for us to continue to leverage the strong crossover between the WWE Universe and another segment of the gaming landscape.”
“The WWE brand has broad appeal that reaches diverse age groups and cultural demographics in many geographies,” said Jay Gendron, IGT Chief Operating Officer, Lottery. “IGT looks forward to melding the unique WWE assets with IGT’s lottery expertise to create appealing, high-quality games and second-chance promotional opportunities for our global customers and their players.”
Additional information on WWE (NYSE: WWE) can be found at wwe.com and corporate.wwe.com. For more information about IGT’s lottery business, visit igt.com and follow IGT on LinkedIn.
About WWE
WWE, a publicly traded company (NYSE: WWE), is an integrated media organization and recognized leader in global entertainment. The Company consists of a portfolio of businesses that create and deliver original content 52 weeks a year to a global audience. WWE is committed to family-friendly entertainment on its television programming, premium live events, digital media and publishing platforms. WWE’s TV-PG programming can be seen in more than 900 million homes worldwide in 28 languages through world-class distribution partners including NBCUniversal, FOX Sports, BT Sport, Sony India and Rogers. The award-winning WWE Network includes all premium live events, scheduled programming and a massive video-on-demand library and is currently available in more than 180 countries. In the United States, NBCUniversal’s streaming service, Peacock, is the exclusive home to WWE Network.
About IGT
IGT (NYSE: IGT) is the global leader in gaming. We deliver entertaining and responsible gaming experiences for players across all channels and regulated segments, from Gaming Machines and Lotteries to Sports Betting and Digital. Leveraging a wealth of compelling content, substantial investment in innovation, player insights, operational expertise, and leading-edge technology, our solutions deliver unrivaled gaming experiences that engage players and drive growth. We have a well-established local presence and relationships with governments and regulators in more than 100 countries around the world, and create value by adhering to the highest standards of service, integrity, and responsibility. IGT has approximately 11,000 employees. For more information, please visit www.igt.com.
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