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Opinion: Calif. Lottery should not rubber-stamp GTECH dealNews Story
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 - Lottery News

Backlash in Calif. over sale of lottery operator GTECHNews Story
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 - Lottery News

N.J. Lottery throws out GTECH contactNews Story
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 contractNews Story
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 contractNews Story
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

N.C. Lottery fraud trial: E-mail disclosure has witness in tearsNews Story
An office manager for former state lottery commissioner Kevin L. Geddings broke down in tears on the witness stand Tuesday when she was asked to read for jurors an e-mail message that Geddings had sent her last year. The message directed Cheri Moore Pfisterer of Charlotte to not disclose that lottery vendor Scientific Games was a client of Geddings' public-relations firm. Geddings sent the message four days after House Speaker Jim Black appointed him to the lottery commission. Pls neve
Sep 27, 2006, 1:39 pm - Lottery News

Texas Lottery makes contingency plans for takeoverNews Story
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

Texas Lottery chairman OK with GTECH saleNews Story
The Texas Lottery Commission questioned the chief executive of lottery operator GTECH Corp. for more than three hours on Wednesday about accusations it used unsavory tactics to win or keep business in several countries, but the panel's chairman said he saw nothing unsuitable in the company's sale to an Italian firm. Investors feared a highly critical Texas Department of Public Safety report delivered to the commission last month could hinder GTECH's sale to Italian lottery operator Lottomatic
Aug 18, 2006, 2:15 pm - Lottery News

Florida lottery backs GTECH-Lottomatica dealNews Story
The Florida lottery has agreed to the planned takeover of U.S. lottery operator GTECH Holdings Corp by Italy's Lottomatica, Lottomatica said on Wednesday. Lottomatica plans to buy GTECH in a $5 billion deal that would create the world's biggest lottery operator. One of the deal conditions laid down by Lottomatica is that it would not lose GTECH's lottery operating concessions in the United States. Lottomatica said in a statement that GTECH had been informed of Florida's backing for the dea
Aug 16, 2006, 12:18 pm - Lottery News

Texas Lottery accuses GTECH of briberyNews Story
GTECH executives will appear before Texas commission The criminal allegations read right out of a crime novel: bribing overseas government officials, withholding evidence and lying about it. Those are some of the charges Texas investigators accuse GTECH, the international lottery services company that enjoys a lucrative contract with the state of Texas, of engaging in internationally. The findings have angered and embarrassed lottery commissioners, who have used GTECH as the agency's so
Aug 16, 2006, 11:42 am - Lottery News