Suntrust selects IGT as gaming contractor for Westside City project

Aman Sharma October 15, 2024

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Suntrust selects IGT as gaming contractor for Westside City project

Suntrust has announced the appointment of IGT Asia Pte Ltd. as the contractor for its Westside City project in Manila, slated to open in the first quarter of 2025. This decision was formalized through an agreement dated October 11, 2024, marking an important step forward in the development of this ambitious integrated resort.

Under the agreement, IGT Asia Pte Ltd. will be answerable for supplying and maintaining gaming management software, services and equipment. The contract is valued at approximately $4.72 million for the supply component, with an additional allocation of $566,520 for maintenance services.

The decision to give the contract to IGT came after a thorough negotiation process, during which Suntrust considered various factors, including estimated costs, market pricing for similar work, and competitive tender bids. Although IGT’s proposal was the second lowest among four contractors, the company’s overall experience and the advanced functionality of its products made it the best choice.

IGT’s role in the project

As the selected gaming contractor, IGT will bring its wide-ranging expertise and innovative solutions to the Westside City project. The company is known for its leading-edge gaming technology, including a wide range of gaming systems, slot machines and tools for player engagement. IGT’s involvement is expected to boost up the overall gaming experience, assuring that guests enjoy a seamless and appealing environment. This collaboration aims to integrate the latest technology to create a likeable gaming experience, appealing to a diverse audience.

IGT Asia Pte Ltd. comes up with a good experience, having successfully completed multiple projects across many regions, including Macau, Australia, Vietnam, and the Philippines. This background provides IGT with a deep understanding of regional regulatory requirements, ensuring compliance with local government authorities and regulators—a crucial factor for the Westside City project.

In related news, Suntrust’s shares on the Hong Kong Stock Exchange remain suspended as the company works to meet specific resumption guidelines. The contractor has completed multiple projects successfully across various jurisdictions, including Macau, Australia, Vietnam, and the Philippines, giving it a broad understanding of regional regulatory requirements. Its proven track record in the Philippines assures compliance with local government authorities and regulators for the Westside City project. Trading has been halted since February 14, 2024, as Suntrust navigates these regulatory requirements.

The collaboration with IGT Asia Pte Ltd. places Suntrust to raise the gaming experience at Westside City, ranking IGT’s advanced technology and expertise. As the project evolves, both companies are committed to bringing a premier entertainment destination that meets the expectations of visitors and complies with local regulations.

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