Search

GTECH gets Pennsylvania Lottery dealNews Story
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 - Lottery News

GTech Profit Up as Lottery Sales RiseNews Story
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 - Lottery News

GTECH Moves Jobs From Ohio To Rhode IslandNews Story
GTECH, one of the largest suppliers in the lottery industry, will eliminate 130 jobs in Ohio, moving those job functions to Rhode Island.Starting April 1, Interlott Technology Inc. will be moved by parent company GTECH Holdings Corp. to its headquarters in West Greenwich, R.I. The move should be completed by September, company officials said.Interlott makes instant ticket lottery machines, and was acquired by GTECH in September for $85 million.A company spokeswoman said relocation assistance wi
Feb 2, 2004, 5:11 am - Lottery News

GTECH Completes Acquisition Of Interlott Technologies, Inc.News Story
GTECH Holdings Corporation today announced that it has completed the previously-announced acquisition of Ohio-based Interlott Technologies, Inc, a leading provider of instant ticket vending machines (ITVMs) for the lottery industry worldwide. The acquisition was approved at a special meeting of Interlott shareholders on Wednesday, September 17, 2003. The common stock of Interlott ceased trading today, September 18, 2003, and will no longer be listed on the American Stock Exchange.Interlott sha
Sep 18, 2003, 6:25 am - Lottery News

Giant lottery operator GTECH wants to add Tennessee to its clienteleNews Story
Financial advisers have long said that lottery players would fare better investing their money in the stock market than hoping the pingpong balls pop up with their numbers.If you followed that advice and bought stock in the largest lottery operator in the country, GTECH Holdings, over the past decade, chances are the investment would have paid off better about 500% better.The West Greenwich, R.I., company's stock price has doubled in the past year, closing Friday at $42.77; GTECH's revenues have
Sep 8, 2003, 3:49 am - Lottery News

Interlott wins Arizona lottery contractNews Story
Interlott Technologies Inc. won a bid to supply instant ticket vending machines to the Arizona Lottery.Financial terms of the agreement were not disclosed.Interlott said it will replace 321 of the lottery's old vending machines with its newest models. The installation process is expected to begin in October.Mason, Ohio-based Interlott is a manufacturer of dispensing machines used in the lottery and telecommunications industries.
Aug 7, 2003, 1:58 pm - Lottery News