Friday, November 14, 2008
PROVIDENCE, RHODE ISLAND (U.S.), November 14, 2008 – GTECH Corporation announced that it has signed a three-year contract extension with the Georgia Lottery Corporation to continue providing online lottery technology and services, as well as new games and products, through September 2013. GTECH expects to receive revenues of approximately $125 million over the three-year period.
Over the duration of the three-year extension, GTECH will continue providing the operation and maintenance of the Georgia Lottery’s online central system, terminals, and communications network. GTECH will also introduce ES MultiMedia digital advertising displays to stimulate increased awareness of the Georgia Lottery product line.
The Company will expand the Lottery’s self-service network through additional Instant to Go™ machines and Ticket-Scan™ ticket-checker units. Moreover, GTECH will introduce Lottery to Go™ self -service machines and continue to provide marketing consultancy for existing and new online and social space games, which will become even more important in achieving a balanced portfolio.
The Georgia Lottery recorded $3.5 billion in total sales in its fiscal year 2008. As one of the top performing and most efficient lotteries in the world, the Georgia Lottery has raised more than $10.3 billion for the students of Georgia.
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