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TagResults 61 - 70 of 84 for contract. (0.01 seconds)

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 forum

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 forum

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 forum

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 forum

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 forum

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 forum

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 forum

UK lottery operator license up for grabs
The licence to run the national lottery is up for grabs again, but some hopefuls say that the bidding process favors Camelot, the current UK Lottery operator. As the sun beat down on the Hyatt Regency hotel in M rida, on the Gulf of Mexico, several hundred delegates gathered inside last February for the World Lottery Forum. Representatives of lottery operators from Niger to New Zealand were welcomed by Mexican president Vicente Fox. They were there for their annual conference to discuss th ...
Apr 3, 2006, 9:42 am - Lottery News forum

New N.C. Lottery ad agency picked after earlier winner withdraws
The North Carolina lottery hired a new ad agency Tuesday to promote its games now less than six weeks from the start after the agency that originally won the job refused to put up a $500,000 bond to ensure its vendors were paid. The firm Wray Ward Laseter of Charlotte takes over a three-year contract to lead the lottery's projected $8 million a year advertising campaign. Howard Merrell Partners of Raleigh, the top bidder last week, quit a few days after winning the contract Feb. 14. ...
Feb 21, 2006, 12:20 pm - Lottery News forum

N.C. Lottery accepts bids for $8 million ad contract
Four North Carolina agencies submitted proposals for the advertising contract on the state's new $8 million lottery account, the lottery said. Mullen in Winston-Salem and Howard Merrell Partners in Raleigh, both Interpublic Group shops, and independents Wray Ward Laseter and Douglas Displays, both of Charlotte, submitted bids for the account. The bids were opened late Friday at the lottery's offices in Cary, N.C. A three-person panel of lottery executives will cut the field to three final ...
Jan 31, 2006, 7:41 am - Lottery News forum