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GTECH INKS 7 YEAR DEAL FOR U.S. ONLINE LOTTERY
Lottomatica S.p.A.’s wholly-owned subsidiary, GTECH Corporation, has announced that it has been chosen as the preferred bidder to negotiate a seven-year integrated services contract with the New York Lottery to provide new online lottery solutions and services. The Lottery has the option to extend the contract for an additional three years. GTECH’s proposed solution set includes a full suite of online and instant systems, up to 20 000 online lottery terminals, a variety of self-service lottery products and multimedia technology, a new wireless telecommunications network, instant-ticket warehousing, and ongoing services.
Online activities in state lotteries are exempted from US legislative bans on Internet gambling financial transactions.
The proposed contract, which is expected to commence in March 2010, follows a competitive procurement process. The New York Lottery estimates the total value of the contract to be more than $550 million over the contract period. Subject to a protest period which ends on April 3, 2009, the finalisation of the contract is slated for approval by the Attorney General and the State Comptroller by June 10, 2009, but may go beyond that date.
GTECH has been a lottery technology and services provider to the New York Lottery since 1986.
“We are honored to have the largest lottery in North America and one of the most respected in the world, the New York Lottery, remain as our valued customer,” said Jaymin B. Patel, GTECH President and CEO. “Lotteries from around the world look to the New York Lottery as a model for balanced and sustainable growth among their online, monitor, and instant game portfolios. As the Lottery’s online vendor, GTECH will continue delivering the maximum player experience, integrity, security, and profitability, in order to ensure the New York Lottery continues to be the standard bearer for the global lottery industry.”
Gordon Medenica, Director of the New York Lottery said: “We are pleased to continue our successful partnership with GTECH and look forward to a new generation of state-of-the-art equipment. The New York Lottery makes extreme demands on its full service system, with huge transaction volume, complexity of operations, diverse geography, extensive marketing and constantly-evolving game choices. Reliability, integrity, and experience are critical to a successful relationship, and GTECH has consistently delivered on all these points."
Over the duration of the new contract, GTECH will continue providing the operation and maintenance of the central system; terminal maintenance; warehousing and distribution of instant tickets; field service; marketing consultancy; and hotline management.
The New York Lottery recorded more than $7.5 billion in total sales in its fiscal year 2008, an impressive $2.6 billion of which was allocated to educational programs in New York.
Danske Spil Bingo Moves to Microgaming -
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Quickfire live on Strendus -
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Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
Fair Play Bets and QuickFire in Deal -
Fair Play Bets enjoys an unrivalled reputation for an outstanding player experience, with secure deposits and withdrawals, surprising casino bonuses and committed customer support. Fair Play Bets is licensed in UK, Malta and Curacao.
Cavaliers Aim to Take Down Wizards on 2/22/18 -
The Cleveland Cavaliers have looked like a different team since making their moves at the trade deadline. The Washington Wizards are up next for the Cavaliers, who will be at home after the All-Star break.
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