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Illinois Lottery seeks to collect $20 million from operator Northstar Lottery Group
From Wikipedia, the free encyclopedia: Lottomatica S.p.A. is an Italian company active in the gaming business. The world's largest operator of lotteries[2] (its portfolio includes Italy's Lotto game), Lottomatica also provides various other gaming services and related technologies. The company has its offices in Rome. In August 2006, it completed the acquisition of Gtech, a U.S. gaming company. It is controlled with a 59.8% stake by the De Agostini group.
Hum, the 100% U.S.A. headquartered c
Mar 20, 2013, 12:18 am - HaveABall - Lottery News
GTECH awarded Pennsylvania, West Virginia lottery contracts
Lottomatica SpA said its wholly-owned subsidiary GTECH has been told by the Pennsylvania State Lottery of its intent to award GTECH a 5-year contract to provide online and instant integrated services.
The proposed contract, which is expected to kick in in January 2009, includes five 1-year extension options exercisable at the Lottery's discretion.
The Pennsylvania Lottery ranks sixth in the US in terms of total lottery sales, with revenues of $3.076 billion in its most recent fiscal year.
Jan 16, 2008, 10:39 am - Todd - Lottery News
Lottery giant GTECH lays off 31 R.I. employees
Lottery giant GTECH Corp. laid off 31 employees in Rhode Island two weeks ago as part of a larger round of worldwide cuts by its parent company, a spokesman said Tuesday.
The job cuts took place on Nov. 17 at a number of the company's facilities in the state, said Robert Vincent, senior vice president for corporate affairs at GTECH, a subsidiary of the Italian company Lottomatica SpA. The parent company eliminated about 80 positions across its divisions, he said.
Like most good companies,
Dec 1, 2009, 8:42 pm - Todd - Lottery News
GTECH chosen as preferred bidder for N.Y. Lottery
Italian gaming company Lottomatica SpA said Sunday its wholly-owned subsidiary, GTECH Corporation, has been chosen as the preferred bidder to negotiate a seven-year contract with the New York Lottery to provide new online lottery solutions and services.
In a statement, Lottomatica said the contract can be extended for an additional three years.
The New York Lottery estimates the total value of the contract to be more than $550 million over the contract period.
The proposed contract, whi
Mar 23, 2009, 1:42 pm - Todd - Lottery News
Oregon Lottery signs 7-year contract with GTECH
A Rhode Island lottery technology firm has inked a seven-year extension with the state of Oregon, which will include upgraded systems and ongoing services.
GTECH Corp. of Providence reports it has signed a new long-term contract with the Oregon State Lottery for a new online and instant-ticket lottery system, terminals and ongoing services. The seven-year contract is set to start in September 2008, and has options to renew for up to three years.
Officials at GTECH say the company expects
Oct 4, 2007, 3:38 pm - Todd - Lottery News
Opinion: Calif. Lottery should not rubber-stamp GTECH deal
As part of a major deal with 24 states, including California, an Italian company has purchased the United States firm that runs lotto and other online games for those states. The merger, where Lottomatica acquired GTECH, was finalized in August and expected to be completed by year's end.
The agreement surprised and stunned state lawmakers. Not even the attorney general's office, which is supposed to defend the state lotto, was aware of it. The deal was orchestrated by the state lottery's act
Dec 11, 2006, 11:25 am - Todd - Lottery News
Backlash in Calif. over sale of lottery operator GTECH
After being shown internal investigative documents obtained from the government on the merger, lawmakers and others questioned the buyer's antitrust conviction, lotto terminal shutdowns, lack of audits, absence of vendor and employee background checks and whether the U.S. accounting and legal probes of the deal were adequate.
I'm still trying to figure out what this paragraph means. What is anti-trust conviction ? Are they implying that GTECH or Lottomatica was convicted of violating anti-
Dec 6, 2006, 1:48 pm - Drivedabizness - Lottery News
Florida lottery backs GTECH-Lottomatica deal
This is a fine story Todd. I hope sales stay strong with Lottomatica taking over for GTECH. What does GTECH do?
Aug 17, 2006, 12:07 am - Just6ntlc - Lottery News
N.C. Lottery could pick vendors today
It's being reported all over the state that G-Tech has won both contracts.They may now have the scratch off ticket capabilities due to their recent merger with the Italian company Lottomatica.
Jan 30, 2006, 6:48 pm - NCPicks - Lottery News
Backlash in Calif. over sale of lottery operator GTECH
As the new 2007-08 Legislature convened Monday, the backlash over an Italian firm's quiet takeover of California's lotto contractor grew when a second legislative committee said it would investigate.
Assemblyman Alberto Torrico, a Newark Democrat who chairs the government organization committee in the lower house, said his panel is probing the matter and may convene hearings.
I'm taking a look at the situation. I've read the press report. I've been briefed by my staff, said Torrico, whos
Dec 6, 2006, 9:57 am - Todd - Lottery News