ROME (ITALY), PROVIDENCE, RI (US), March 30, 2009
GTECH Corporation announced that it has signed a three-year contract extension to continue providing online lottery technology, as well as additional self-service and multimedia products, for the Minnesota State Lottery. GTECH has been the online lottery services provider to the Minnesota State Lottery since 2002. With respect to this contract extension, GTECH expects to receive more than $25 million in revenues commencing in February 2013.
"GTECH is committed to supporting the growth of our customers. We are pleased that the Minnesota State Lottery has chosen to continue our partnership, allowing us to assist them in their future growth," said GTECH President and CEO Jaymin B. Patel. "With this extension, we will work closely with the Minnesota State Lottery in applying industry-wide best practices to increase lottery sales, and provide additional convenience for their players and retailers through new self-service products, as well as through the rollout of new electronic point-of-sale advertising displays." "We believe that our continued success in obtaining contract extensions demonstrates the high level of customer satisfaction we provide to all of our customers," continued Mr. Patel.
"This contract extension provides additional equipment that will help us to grow sales and offers substantial cost savings over the life of the contract," said Minnesota State Lottery Executive Director Clint Harris. "We look forward to continuing the strong relationship that we have developed with GTECH since 2002."
Under the extension, GTECH will install its ES MultiMedia player messaging and transition display technology with 1,750 monitors that will allow the Minnesota State Lottery to manage, distribute, and display multimedia content such as games, advertising, and messaging through a single point of control. The Company will also install approximately 500 of GTECH’s Ticket-Scan™ self-service ticket checkers allowing players secure access when identifying winning tickets in addition to the amount won.
GTECH will continue operating from a data center in Minneapolis-St. Paul, and provide ongoing services to the Minnesota State Lottery, including the operation and maintenance of the online central system, lottery terminals, and communications network; instant ticket vending machine maintenance; field service; marketing support; hotline operations; and retailer training.
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