Search

GTECH Completes Acquisition Of Interlott Technologies, Inc.News Story
GTECH Holdings Corporation today announced that it has completed the previously-announced acquisition of Ohio-based Interlott Technologies, Inc, a leading provider of instant ticket vending machines (ITVMs) for the lottery industry worldwide. The acquisition was approved at a special meeting of Interlott shareholders on Wednesday, September 17, 2003. The common stock of Interlott ceased trading today, September 18, 2003, and will no longer be listed on the American Stock Exchange.Interlott sha
Sep 18, 2003, 6:25 am - Lottery News

GTech signs contract extension with Danish lotteryNews Story
GTech Corp. of West Greenwich, R.I., today announced that it has signed a two-year contract extension with Dansk Tipstjeneste A/S, the operator of the National Lottery in Denmark.GTech says the deal could be worth approximately $10 million.Under the terms of the contract extension, GTech will continue to provide Dansk Tipstjeneste with software support and terminal maintenance and repair through Aug. 31, 2005. GTech and Dansk Tipstjeneste have enjoyed a successful partnership over the past 14 ye
Sep 12, 2003, 3:44 am - 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

GTech has winning lottery ticket, checkered pastNews Story
A Rhode Island company that practically built the nation's state lottery business just added the Florida Lottery as the missing gem to its crown jewels.GTech Corp. last week became the successful bidder to run the Florida Lottery system. With Florida in hand, the company will run all five of the country's biggest state lottery systems - New York, Texas, Georgia, California and Florida. Altogether, GTech will operate 26 of the 36 state lottery systems, plus the Washington, D.C., system. We genera
Sep 8, 2003, 3:44 am - Lottery News

Florida Lottery Names GTECH For New Multi-Year ContractNews Story
GTECH Holdings Corporation (NYSE: GTK) yesterday announced that its wholly-owned subsidiary, GTECH Corporation, has been selected by the Florida Lottery as the apparent successful bidder to supply a new online and instant-ticket lottery system, lottery terminals, and related telecommunications network. The proposed six- year integrated services contract is expected to commence on February 1, 2005, and includes two two-year extension options. This decision by the Florida Lottery is the result of
Sep 4, 2003, 3:41 am - Lottery News

GTECH lottery systems built to handle blackoutNews Story
If someone you know bought a lottery ticket in Ohio, Michigan or New York in the seconds before the power went out Thursday, don't worry.That ticket is valid, and could still win a zillion dollars.GTECH Holdings Corp. of West Greenwich runs the lotteries in all three states, and its job is to keep those state lottery systems up and running -- 24 hours a day, 7 days a week.So Thursday, when the power went out, GTECH's systems in all three states automatically switched the lottery data centers --
Aug 19, 2003, 3:40 am - Lottery News