GTECH is in play in Brazil

Lottery Post — Fri, 26 Mar 2004 14:15:14 GMT

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... [ More ]