Minnesota Lottery renews contract with GTECH

Lottery Post — Thu, 29 Jun 2006 14:24:01 GMT

GTECH Holdings Corporation today announced that its wholly-owned subsidiary, GTECH Corporation, signed a two-year contract extension with the Minnesota State Lottery to commence on February 9, 2011.

The contract extension retains all of GTECH's service offerings and the fixed rate under the current contract. GTECH expects to generate revenues of approximately $20 million to $22 million over the two-year extension term.

This contract extension is evidence of the Minnesota State Lottery's c... [ More ]