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GTECH is in play in BrazilNews Story
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
Mar 26, 2004, 9:15 am - Lottery News

GTECH says not linked to scandal in BrazilNews Story
A fired government aide met with executives from GTECH's Brazilian unit but was not involved in negotiations West Greenwich, Rhode Island-based GTECH Holdings Corp., the world's biggest supplier of online lottery systems, said yesterday a Brazilian government aide who was fired amid a probe of campaign finance allegations wasn't involved in extending the company's contract in the country.Waldomiro Diniz met with two executives from the company's Brazilian unit last year to discuss a contract dis
Feb 25, 2004, 4:33 am - Lottery News

GTECH Named Apparent Winning Vendor for Mexico Lottery ContractNews Story
GTECH Holdings Corporation announced Tuesday that its wholly-owned subsidiary, GTECH Corporation, has been selected by Pronosticos para la Asistencia Publica (Pronosticos) as the apparent successful vendor to provide equipment and services for a new online lottery system and associated telecommunications network in Mexico under a proposed six-year contract. This decision is the result of a competitive procurement.The Request for Proposal (RFP) calls for the replacement of Pronosticos' existing
Feb 4, 2004, 5:41 am - Lottery News

GTECH Moves Jobs From Ohio To Rhode IslandNews Story
GTECH, one of the largest suppliers in the lottery industry, will eliminate 130 jobs in Ohio, moving those job functions to Rhode Island.Starting April 1, Interlott Technology Inc. will be moved by parent company GTECH Holdings Corp. to its headquarters in West Greenwich, R.I. The move should be completed by September, company officials said.Interlott makes instant ticket lottery machines, and was acquired by GTECH in September for $85 million.A company spokeswoman said relocation assistance wi
Feb 2, 2004, 5:11 am - Lottery News

Commission approves settlement between House leader, GTECHNews Story
The Rhode Island state Ethics Commission was to vote Tuesday on a proposed settlement that would have House Majority Leader Gordon Fox pay a $10,000 fine for voting on a $770 million, no-bid deal for the lottery company GTECH in which his law firm was involved.If the deal is approved by the panel, Fox, D-Providence, would be spared a potential $25,000 fine, if found guilty.Fox denied knowing his law firm had been hired to work for GTECH when he voted on April 20 on legislation to have GTECH run
Jan 20, 2004, 5:02 pm - Lottery News

GTech gets deal for new online terminals from Spain’s national lotteryNews Story
GTech Corp of West Greenwich, R.I., has won a sale to provide new online lottery terminals to Sistemas Tecnicos de Loterias del Estado (STL), the operator of the online system for the National Lottery in Spain. According to the company, the deal could be worth as much as $9 million.Under the terms of the agreement, STL will replace 2,500 Spectra online lottery terminals with 2,500 Altura terminals. In addition, GTech will continue to provide STL with terminal maintenance and repair services.STL
Jan 9, 2004, 10:30 am - Lottery News

Profit Soars at Lottery Operator GtechNews Story
Gtech Holdings Corp., the world's largest operator of lottery systems, posted a 40 percent jump in profit for its latest quarter, beating Wall Street estimates.West Greenwich-based Gtech also raised its fiscal 2004 earnings estimates again and predicted fiscal 2005 earnings would beat analysts' expectations.Net income for the third quarter ended Nov. 22 soared to $45.9 million, or 69 cents a share, from $32.8 million, or 58 cents a share, a year earlier.However, the latest results included a gai
Dec 17, 2003, 4:18 am - Lottery News

Board chooses GTECH, Scientific Games to run Tennessee lotteryNews Story
Tennessee's lottery will have two industry giants -- GTECH Corp. and Scientific Games International -- create and run its games for the first seven years.The Tennessee Education Lottery Corp. board unanimously voted Friday to award the contracts based on the recommendation of an internal committee that spent a month reviewing proposals.GTECH got the contract for online games; Scientific Games will run the instant ticket games.The value of the contracts is based on a percentage of net sales. Tenn
Nov 22, 2003, 8:31 am - Lottery News

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

Officials choose lottery logo; firms put in contract bidsNews Story
Tennessee lottery officials Monday picked a new logo from 100 proposed designs and learned they will have just two bids to choose from for one major vendor contract and three for another.GTECH Inc. and Scientific Games International were the only two firms meeting Monday's deadline for submission of bids to operate the state lottery's online network, which installs machines for selling tickets to statewide and multistate lotteries.Three bids were received for sales of instant tickets, also kno
Oct 28, 2003, 3:45 am - Lottery News