08.12.2010

Lottomatica Group subsidiaries Gtech Corporation and Gtech Printing Corporation (gpc) awarded new online/instant system lottery contract by the Nebraska lottery

ROME (ITALY) – PROVIDENCE, RHODE ISLAND (US), August 12, 2010 –Lottomatica Group S.p.A. announced that its subsidiaries, GTECH Corporation and GTECH Printing Corporation (GPC), were awarded a new contract by the Nebraska Lottery to provide a unified online/instant lottery system, terminals, an IP-communications network, full service instant-ticket printing, warehousing/distribution, and ongoing services. The award follows a competitive procurement and is subject to the execution of a formal contract. The proposed six-year contract, which is expected to commence on July 1, 2011, includes four one-year extension options and will generate revenues to GTECH in excess of $50 million over the base period, beginning in the third quarter of 2011.
 
 
“Our proposal in Nebraska offers a complete solution – from online and instant systems to full-service ticket printing, warehousing, distribution, and communications – that will address the Lottery’s business needs now and in the future. Working with GTECH Printing Corporation, we look forward to putting our collective experience and commitment to this expanded new business relationship with the Nebraska Lottery,” said GTECH President and CEO Jaymin B. Patel.  “Together, we will assist the Lottery in growing their business with innovative technology, enabling a holistic approach to optimizing and growing their existing online/instant game portfolio, and applying field-proven lottery best practices.  These will be designed to attract new players in existing and new markets, and provide a full complement of marketing services that will help the Lottery in reaching new milestones and deliver increased contributions to benefit education and environmental programs in Nebraska.”

(to be continued)