GTECH award Oregon lottery contract
WEST GREENWICH, Rhode Island -– (PRESS RELEASE) -- GTECH Corporation, a
wholly-owned subsidiary of Lottomatica S.p.A., has been notified by the
Oregon Lottery of its intent to award the Company a seven-year contract to
provide a new online lottery system, new terminals, and ongoing services as
a result of a competitive procurement process. The proposed contract, which
is expected to be executed in 2007, will include options to renew for up to
three years. The system is expected to be implemented in 2008.
GTECH has been a provider to the Oregon Lottery since it began online
sales in 1985. Further details of the award, which is subject to a protest
period as outlined in the Request for Proposals, will be released upon the
signing of a definitive agreement with the Oregon Lottery.
GTECH is a leading gaming technology and services company, providing
innovative technology, creative content, and superior service delivery.
Lottomatica is one of the world's largest commercial lottery operators and
a market leader in the Italian gaming industry. GTECH and Lottomatica
together create a fully integrated lottery operator and gaming technology
solutions provider -- a combined company with worldwide scale, considerable
financial strength, and industry-leading customer solutions. Lottomatica is
majority owned by the De Agostini Group, a century-old publishing, media,
and financial services company. Lottomatica is publicly traded on the
Italian Stock Exchange (LTO), and in FY 2005, had more than 1.6 billion
euros in revenues and 6,300 e
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