GTECH sale closer as more states approve

Comment #3

chasingadream — Sun, 30 Jul 2006 06:02:53 GMT

thanks.....makes sense now

Comment #2

Litebets27 — Sat, 29 Jul 2006 14:38:55 GMT

You will lose more money to an over-seas company!

(not funny)

litebets

Comment #1

chasingadream — Sat, 29 Jul 2006 06:06:34 GMT

please don't laugh when I ask this......but I know in some way this is important and will affect me in one form or another.....but can someone please tell me how

GTECH sale closer as more states approve

Lottery Post — Fri, 28 Jul 2006 13:48:00 GMT

The sale of West Greenwich-based GTECH Holdings Corp. to Italian lottery giant Lottomatica SpA this week inched toward completion.

Lottomatica said that the state lotteries would continue existing contracts with GTECH, which it plans to buy in a $5 billion deal that would create the world's biggest lottery operator.

Lottomatica had asked various U.S. states to confirm that the deal would not hurt existing lottery concessions when it launched the takeover earlier this year.

Most states... [ More ]