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GTech loses Nebraska Lottery online contract
GTech Holdings Corp., the Rhode Island lottery technology giant, has lost the contract for the online portion of the Nebraska Lottery, cutting two-thirds of the companys business with the Nebraska Lottery, the company announced today.The state of Nebraska has selected another vendor to provide equipment and services for a new online lottery gaming system and associated telecommunications network, GTech officials said in a news release.GTech has run the Nebraska Lottery's online games since 1994.
Aug 1, 2003, 12:47 pm - Todd - Lottery News

GTECH is in play in Brazil
Analysts don't think a political scandal will hurt the company's chances of continuing to run the country's lotteryA top Brazilian government official allegedly told two GTECH Holdings Corp. employees in 2003 that they could have a lottery contract extension.All they needed to do, said Waldomiro Diniz, the former deputy head of parliamentary affairs, was hire a consultant for between $4 million and about $6 million, according to Brazilian newspaper reports based on the employees' testimony.A lot
Mar 26, 2004, 9:15 am - Todd - Lottery News

What state uses what terminal?
Arizona uses GTech Alturas, New Mexico uses GTech ISYSes.
Nov 2, 2006, 4:33 pm - JimmySand9 - Lottery Discussion Forum

Scientific Games appeals N.J. Lottery's award to GTECH
Overbid by nearly $32 million in its unsuccessful attempt to get the state's lottery contract, Scientific Games filed a protest Tuesday claiming officials skewed the bid proposals to keep its current operator.Earlier this month, the state announced its plans to give GTech Corp., the current lottery operator, a new five-year contract, even though it wasn't the low bidder. The state justified the decision by saying GTech offered a more secure and reliable system and outscored Scientific Games on a
Nov 23, 2005, 8:30 am - Todd - Lottery News

GTECH awarded N.J. lottery contract despite highest bid
The state of New Jersey yesterday signed a five-year extension with longtime lottery manager GTECH Corp., despite a competitor's offer to do the job for $32 million less.State records show that GTECH's bid, which totaled $107 million over five years, was accepted because of concerns over the experience and equipment offered by rival Scientific Games, which said it could do the job for $75 million. In general, the committee bases its recommendation on the overall technical superiority of GTECH's
Nov 8, 2005, 6:45 am - Todd - Lottery News

GTECH makes political donation days after gambling contract awarded
Six days after winning a state contract, the company Pennsylvania chose to run its computer system for slot machines gave $50,000 to a national nonprofit that raises money for Democratic governors including Gov. Ed Rendell, the group's finance chair.GTECH, a Rhode Island lottery company, has given $481,267 to the Democratic Governors' Association since 2000, according to a political watchdog group. But the payment March 8 had nothing to do with the $6.3 million a year contract announced by the
Sep 22, 2005, 11:18 am - Todd - Lottery News

GTECH gets Pennsylvania Lottery deal
GTECH Corp., the world's largest online lottery operator, said Monday it will provide lottery-ticket vending machines to the Pennsylvania Lottery.GTECH (NYSE:GTK), of West Greenwich, R.I., said it received an order for 2,400 instant ticket vending machines from Scientic Games Corp., which will lease the machines to the Pennsylvania Lottery.The machines will be delivered in May, GTECH said in a news release. GTECH said the deal was valued at about $22 million. This (instant ticket vending machine
Apr 18, 2005, 11:39 am - Todd - Lottery News

GTech Profits Up
GTech Holdings Corp., the world's largest lottery systems operator, on Tuesday said quarterly earnings rose on new contracts, acquisitions and strong sales of its products.GTech, which provides services and equipment to the lottery industry in 45 countries and 25 U.S. states, said it benefited from new contracts in Spain, Italy, Jamaica and Mexico. The company also received a new ticket-vending machine contract in Maine and an extension in Oregon.GTech, which has a 70 percent share of the online
Sep 22, 2004, 8:20 am - Todd - Lottery News

SEC Investigating Gtech in Brazil
Gtech Holdings Corp. said Thursday that the Securities and Exchange Commission opened a formal investigation into the lottery operator's dealings in Brazil.The SEC previously issued an informal request for documents from Gtech, as part of its investigation into public corruption matters in Brazil. Gtech said regulators told the company that the new order is a routine action, unrelated to any recent developments, that is intended to give the SEC adequate investigatory powers if needed.Gtech said
Jul 29, 2004, 1:44 pm - Todd - Lottery News

GTech Profit Up as Lottery Sales Rise
GTech Holdings Corp., a leading lottery systems operator, on Thursday said quarterly earnings rose 14 percent, on acquisitions and higher lottery ticket sales driven by big jackpots.The fiscal fourth-quarter earnings topped Wall Street estimates, but GTech stock fell slightly. It was a good quarter, but not a phenomenal one, Farmhouse Equity Research analyst J.P. Mark said. People expected them to beat estimates. For the fiscal fourth quarter ended Feb. 28, the West Greenwich, Rhode Island, co
Apr 16, 2004, 9:33 am - Todd - Lottery News