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LUXEMBOURG LOTTERY PICKS GTECH FOR ONLINE SYSTEM
Posted 2/3/11 : Eight year contract expected to generate Euro 40 million in revenues
Lottery technology provider GTech Corporation has signed a five year contract to provide a new online and instant lottery system and digital multimedia facility to the Luxembourg Loterie Nationale.
The contract is for eight years, effective November 2012, and has a five-year extension option.
A GTech statement said that it expects revenues of around Euro 40 million will be generated over the period of the contract.
GTech President and CEO Jaymin B. Patel said: “Loterie Nationale has been a valued GTech customer since 2001 when we first brought their instant games online. Over the years, our partnership has brought about mutually beneficial innovations and increased revenues through various initiatives including the deployment of fast-draw keno in 2002 and the launch of Euro Millions in 2004, all in support of good causes in Luxembourg. We will continue to work with Loterie Nationale to bring them to the next level of growth, helping them to build a strategy for the future to ensure the Lottery continues to attract today’s player as well as the next generation of players.”
Loterie Nationale Director Léon Losch said, “We were extremely impressed with the proposal put forth by GTech. From a technology point-of-view, the new system will well enable us to grow our revenue in a fully responsible way through all available channels. Moreover, GTech has demonstrated a low risk migration strategy that will protect our revenues and reputation during the conversion process to the new system.”
Oink Country Love Slot Launches -
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Tim Chung Wins MPNPT Manchester -
The 288-runner £550 MPNPT Manchester Main Event today crowned its champion, awarding the bulk of the £150,000 total prizepool to the nine players surviving after two days of tournament poker at the Grosvenor Casino.
MPNPT Manchester Day 2 -
Day 2 of the £550 MPNPT Manchester Main Event saw 60 Day 1 survivors (from a total of 288 entries) and three intrepid last-minute registrants sit down to play to the final table.
Day 1B MPN Poker Tour Manchester -
Day 1B of the £550 MPNPT Manchester Main Event saw the field rise to 285, as players took full advantage of the whole-day re-entry period.
Day 1A MPNPT Manchester -
The £150,000 guaranteed MPNPT Manchester kicked off today in style – 74 poker players from all over Europe arriving at the Grosvenor Casino to contend the first of two starting days
Kung Fu Rooster Slot Goes Live -
Celebrate Chinese New Year - 2017 Year of the Rooster. It's time to sweep away any ill-fortune and make way for incoming good luck, with this exciting 12 lines slot game.
Sensational Sixes Slot Goes Live -
Light up Icons like BAR's, black spades, red hearts, blue diamonds, and green clubs. The best part of Sensational Sixes are the three wild icons, for 2X, 4X, and 6X multipliers!
3 New Betsoft Slots -
3 new Betsoft slot Games were also added this week to most online casinos allowing US players.
2017 Bodog Super Millions Poker Open -
The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.
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