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GTECH scrutinized in bid for Tennessee lottery contractsNews Story
GTECH Corp., the lottery giant bidding for Tennessee contracts, has been praised for quick startups and leading technology.But the company has also been criticized for aggressive lobbying and a series of missteps in the 1990s that led to the criminal conviction of one employee and culminated in an overhaul of top managers three years ago. I don't think their past record should reflect adversely on ... the present company, although it does require someone to look at them with a little more due di
Nov 20, 2003, 7:00 am - Lottery News

S.D. Lottery investigating system failureNews Story
The South Dakota Lottery has asked a private company to explain why connections to the central lotto computer system failed, leaving many retailers unable to sell lotto tickets for nearly 2 1/2 hours last Saturday night.It was the third network outage since early July, said Clint Harris, executive director of the Lottery.Phone lines and equipment connecting the Lottery and retail outlets to a central lotto computer system in Dover, Del., and backup site in Sharon Hill, Pa., failed.It kept most o
Oct 17, 2003, 4:40 am - Lottery News

Scientific Games to buy online lottery operatorNews Story
Scientific Games Corp., a maker of betting equipment and lottery systems, on Friday said it would acquire International Game Technology's on-line lottery operator for $143 million in cash.The agreement to buy IGT Online Entertainment Systems will give Scientific Games, based in New York, access to online lottery systems that produce lotto-type game tickets in seven states and the Caribbean.IGT Online, which also supports systems sold to customers in Korea, Norway, Switzerland and Shanghai, gener
Sep 12, 2003, 9:54 pm - Lottery News

Giant lottery operator GTECH wants to add Tennessee to its clienteleNews Story
Financial advisers have long said that lottery players would fare better investing their money in the stock market than hoping the pingpong balls pop up with their numbers.If you followed that advice and bought stock in the largest lottery operator in the country, GTECH Holdings, over the past decade, chances are the investment would have paid off better about 500% better.The West Greenwich, R.I., company's stock price has doubled in the past year, closing Friday at $42.77; GTECH's revenues have
Sep 8, 2003, 3:49 am - Lottery News

N.D. explores lottery agreementNews Story
Numbers for North Dakota's new Powerball lottery may be provided by another state lottery's computer system, a move that officials say would reduce the cost of running the game in a small, rural state. Lottery administrators say the sharing arrangement has a chance to be the first of its kind in the nation. Directors of the new Tennessee lottery, which hopes to begin selling tickets early next year, are exploring a cooperative arrangement with neighboring Georgia.Chuck Keller, North Dakota's int
Aug 11, 2003, 3:16 am - Lottery News