Comment #1

Chewie — Tue, 08 Nov 2005 13:28:55 GMT

There is an old theory, you don't always get what you pay for, but you never get what you don't pay for. There is a reason why a Cadillac cost more then a Cheville.

GTECH awarded N.J. lottery contract despite highest bid

Lottery Post — Tue, 08 Nov 2005 11:45:00 GMT

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... [ More ]