GTECH AND IGT ARE BECOMING ONE

A Winning Combination

gtech-igt

GTECH, the largest global lottery business, and IGT, the world leader in the gaming equipment space, are merging to create the world's leading end-to-end gaming company. By adopting the IGT name and GTECH's visual identity, we're melding two iconic brands into one. Together, we'll be uniquely positioned to provide the government-sponsored and commercial gaming industry with proven solutions across the entire continuum of products and channels.

By combining our resources, expertise, and experience, we will help grow and shape the future of our industry. Through a combination of new technology and innovative content, we will be a valuable partner to customers the world over, delivering exciting gaming experiences – commercial gaming, lottery, interactive, and social – through every channel, including retail, web, and mobile.

Best-in-class content. Expert insight on convergence. Industry-leading R&D. Superior financial strength. The most efficient manufacturing in the industry. The most flexible, secure, and robust systems on the market. New gaming possibilities for anytime, anywhere. A bold, player-centric vision of the future. All driven by our Customer First focus – a commitment that continues as a core value. Stay tuned as we share more details of our Winning Combination in the weeks to come.

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News Releases

World Record Slot Jackpot Hits at Excalibur in Las Vegas



LAS VEGAS, Mar 21, 2003 /PRNewswire-FirstCall via COMTEX/ --

The largest slot machine jackpot in gaming history -- $39,713,982.25 -- was won today on a Megabucks(R) machine at the Excalibur Hotel-Casino on the Las Vegas Strip.

The winner, who requested anonymity, is a 25-year-old software engineer from Los Angeles. He had been visiting family members in Las Vegas and keeping track of college basketball's "March Madness" with some friends. His uncle had told him about the Megabucks(R) total and suggested that he play it. He said he'd played about $100 on the machine when he turned his head away from it for an instant. When he looked at the machine again, the winning symbols had lined up.

The unmarried winner's birth date contains three sevens and an 11, so this big win may have been in the cards for him. "I'm still stunned; it doesn't seem real yet," the winner said. "But both of my parents are still working, so some of this money will be used to fund their retirement."

"This MegaJackpot(TM) is nearly $5 million more than the previous world record slot jackpot amount of $34.9 million," said John Sears, vice president of MegaJackpots(TM) for IGT, the creator of Megabucks(R). "This one goes into The Guinness Book of Records."

The $34.9 million jackpot, now the second-largest ever, was hit more than three years ago at the Desert Inn in Las Vegas on Jan. 26, 2000.

In its 17-year history, Nevada Megabucks(R) has produced 58 major winners, whose combined winnings total more than $425 million. Megabucks(R) is a 3- coin dollar progressive slot machine that was launched in Nevada casinos in March 1986. The Nevada progressive system connects 691 slot machines in 160 Nevada casinos to a top jackpot that builds from a base amount of $7 million. The top jackpot is paid in annual installments, upon verification of the win.

For more information on IGT and MegaJackpots(TM), visit the company web site at www.IGT.com.

SOURCE IGT

Connie Fox, +1-702-896-8751, or Rick Sorensen,
+1-775-448-8022, both of International Game Technology
http://www.igt.com

Copyright (C) 2003 PR Newswire. All rights reserved.

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