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New Mexico Lottery Announces Intent to Negotiate New Online Lottery Contract With Another Vendor |
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PROVIDENCE, R.I., July 26 /PRNewswire/ -- Lottomatica S.p.A.'s wholly- owned subsidiary, GTECH Corporation, was notified by the New Mexico Lottery that it has selected another vendor to provide equipment and services for a new online lottery system, terminals, and IP-communications network, under a new seven-year contract. GTECH has provided lottery products and services to the New Mexico Lottery since 1996. The Company's current contract with the Lottery is set to expire in November 2008. The New Mexico Lottery contributes approximately $5 million to $7 million to GTECH's annual service revenues. 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 euro 1.7 billion in revenues and 6,000 employees in over 50 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, Mario Pellegatta -
Web site:
http://www.gtech.com/
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