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Oregon Lottery To Award GTECH Contract
The Oregon Lottery has sent a notification to GTECH, a wholly owned subsidiary of Lottomatica S.P.A., informing it of its intent to award the company a seven year contract to issue a new online lottery system, new terminals, and ongoing services through a competitive process of procurement.
The proposed contract is expected to be signed in 2007 and it will include provisions on renewal for up to three years. Should the deal push through, the system is expected to be put to use in 2008.
GTECH has been servicing the Oregon Lottery since 1985, when it began online sales. More details of the award will be released once the company has signed a definite agreement the Oregon Lottery.
GTECH is a leading gaming technology and services company which prides itself in providing innovative technology, creative content, and superior service delivery. Lottomatica on the other hand, is one of the world's leaders in the commercial lottery operations and is also a market leader in the Italian gaming industry.
GTECH and Lottomatica combined, creates a fully integrated lottery operator and gaming technology solutions provider.
Lottomatica is a publicly traded company which had more than 1.6 billion euros in revenues in FY 2005.
Thursday, November 16 , 2006
Brian Letendre