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Lottomatica Announces That the Camelot Consortium Was Selected as the Preferred Bidder To Operate U.K. National Lottery License Under New 10-Year License |
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ROME and PROVIDENCE, R.I., Aug. 7 /PRNewswire/ -- Lottomatica S.p.A. announced that Camelot Group plc has been selected as the preferred bidder by the United Kingdom National Lottery for the third lottery operating license, following a competitive procurement. The 10-year license is expected to commence in February 2009. Lottomatica subsidiary GTECH Corporation is a major lottery technology and solutions provider to the successful Camelot consortium. "We are delighted that the U.K. Lottery Commission has chosen Camelot to continue in the lottery operator role through February 2019," said W. Bruce Turner, Lottomatica S.p.A. CEO. "This is a great reward for the tireless efforts of the Camelot and GTECH teams who stand ready to perform the largest conversion in the lottery industry." Camelot has been the operator of the U.K. National Lottery since its inception in 1994. Further details of the award will be released upon successful completion of negotiations with the National Lottery and the signing of a definitive agreement. Lottomatica is one of the world's largest commercial lottery operators and a market leader in the Italian gaming industry. GTECH is a leading gaming technology and services company, providing innovative technology, creative content, and superior service delivery. 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 De Agostini, which belongs to a century-old publishing, media, and financial services group. Lottomatica is publicly traded on the Italian Stock Exchange (LTO), and in 2006, had more than ?1.7 billion in revenues and 5,900 employees in over 45 countries when combined with GTECH. For further information: AD HOC Communication Advisors 02/7606741 Mario Pellegatta - Matteo Cidda 335/1415585 This press release and the previous ones are available on the web site: http://www.adhoccommunication.it/ Lottomatica web site: http://www.gruppolottomatica.it/ GTECH contact: Robert K. Vincent Public Affairs 1-401-392-7452 GTECH web site: http://www.gtech.com/
CONTACT: AD HOC Communication Advisors, +02-7606741; or Mario Pellegatta
Web site:
http://www.gtech.com/
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