Search

Search for news stories tagged with the keyword you specify

See all tags:
TagResults 61 - 70 of 87 for contract. (0.03 seconds)

N.J. Lottery throws out GTECH contact
State to rebid lottery deal as lobbyist concerns arise Seeking to erase concerns the state's long-time lottery vendor might have enjoyed an inside edge in winning its latest contract, New Jersey state treasurer Bradley Abelow announced yesterday the state will rebid the job for the third time in 15 months. Abelow ended special hearings that have been going on before former state Supreme Court Justice Daniel O'Hern Jr. and said the department will move quickly to solicit new bids. Du
Oct 21, 2006, 11:53 pm - Lottery News

GTECH explains pricey N.J. Lottery contract
Seeking to justify a price tag of nearly $32 million more than a competitor to run the New Jersey's lottery for the next five years, representatives of the state's lottery operator said Wednesday that their system is more convenient for vendors and would result in less down time and lost revenues for the state. Representatives for GTech, which won a new contract despite bidding $106.7 million to Scientific Games' $75 million, said the higher price comes with more assurance that its terminals
Oct 12, 2006, 2:48 pm - Lottery News

Criminal probe sought in award of NJ Lottery contract
A New Jersey Assembly Democrat has asked for a criminal investigation into the role a Republican assemblywoman and her former lobbying firm played in helping the state's lottery operator gain a new contract despite bidding nearly $32 million more than a competitor. Assemblyman Reed Gusciora, D-Princeton, sent a letter Sept. 29 to Gregory A. Paw, director of the state Division of Criminal Justice, asking for an investigation to determine whether Assemblywoman Jennifer Beck, R-Red Bank, and her
Oct 10, 2006, 9:03 am - Lottery News

Texas Lottery makes contingency plans for takeover
The Texas Lottery Commission began laying the groundwork Wednesday to take over the $95 million-a-year operation historically carried out by a private corporation in the event that the state is no longer satisfied with its work. Officials made clear that the prospect of the lottery severing its 14-year relationship with Rhode Island-based Gtech Corp. was highly remote. But they also expressed deep concerns over recent reports that the gaming giant, which is soon to be sold to the Italian f
Aug 18, 2006, 3:15 pm - Lottery News

Brazil lottery cancels GTECH contract over Lottomatica acquisition
GTECH Holdings Corp., which has agreed to be bought by Italy's Lottomatica, said on Tuesday that its contract to provide lottery services to its largest customer, Brazil, will not be renewed. The contract will expire on Aug. 13, the company said in a filing with the U.S. Securities and Exchange Commission. Its subsidiary, GTECH Brasil Ltda, has provided lottery services to the operator of Brazil's national lottery, Caixa Economica Federal, since 1997. Revenue from the contract accounted
Aug 9, 2006, 9:39 am - Lottery News

Why did NJ give lottery contract to the highest bidder?
Part 2 of a 3-part look at the New Jersey Lottery A month after a new contract to operate the New Jersey's lottery was supposed to begin, officials still have not determined whether to go with a new company that bid about $75 million for the five-year pact, or the existing operator which bid nearly $32 million more. Last fall, the state awarded a new five-year contract to GTech Corp., which bid $106.7 million. With a bid $31.7 million lower, Scientific Games filed a protest saying the stat
Jul 25, 2006, 9:27 am - Lottery News

Minnesota Lottery renews contract with GTECH
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
Jun 29, 2006, 10:24 am - Lottery News

UK Lottery opens bidding for 10-year license
The United Kingdom National Lottery opened the competition for a ten-year license to run the operation on Thursday. The license is currently held by Camelot, which has run the lottery under two licenses since its launch in 1994, and will also be bidding for this, the third. Industry sources told Reuters on Thursday that Ladbroke and BSkyB were among a number of companies looking at how they might be involved, but it was early days. Other companies that have shown an interest include Cab
Jun 29, 2006, 10:00 am - Lottery News

TV network chosen to air N.C. Lottery drawings
The Triangle's CBS affiliate has been chosen to produce and air the nightly number drawings for the North Carolina Education Lottery, with the first lottery broadcast coming later this month with a drawing for the multi-state Powerball game. WRAL-TV in Raleigh won out over WTVD-TV in Durham for the right to show the drawings on its station and provide it to other television outlets statewide. WRAL was the choice of an evaluation committee and executive director Tom Shaheen. The N.C. Educat
May 18, 2006, 9:39 am - Lottery News

Intralot wins Idaho Lottery from larger rival Gtech
The Idaho Lottery will have a new vendor starting next February after a Greek company that's expanding in the U.S. won a $30 million contract to run the state's scratch ticket and online gaming system from a larger rival. Intralot USA, a Georgia-based unit of Athens, Greece-based Intralot, beat out Rhode Island-based GTech by promising better service for instance, Idaho's online games, including Powerball, will run 24 hours a day under Intralot, up from the previous 22 hours and a more-at
May 3, 2006, 8:36 am - Lottery News

Page 7 of 9