New lottery to be launched in second quarter of 2012

Genera Networks awarded large Norwegian Lottery contract

2011-08-30
Reading time 1 min
(Norway).- A new lottery format created by Genera Networks was selected in a public procurement organized by Norsk Tipping, the Norwegian National Lottery. The contract is expected to be of multiple million-euro value and is the third high-profile contract that Genera has signed in less than four months.

This cements the young firm as a successful and growing provider in the B2G-sector in Europe.

“This contract marks the greatest success of Genera Networks to date.” says Maria Sandell COO. ”We won this contract in fierce competition with suppliers many times our size, which proves that there is still room for innovation in the gaming industry.”

”We have very high expectations for this new lottery”, says Torbjørn Unnerberg. VP Retail & Brand at Norsk Tipping.  ”Genera Networks’ innovative concept was clearly the best of the participating tenders. We are convinced that we can meet the expectations of the charitable organizations in Norway in a responsible manner with this concept.”

The new lottery is scheduled for launch in second quarter of 2012 and aims to yield 30 million euro annually to good causes in Norway. The ten largest charity organisations in Norway will share the proceeds, in accordance with decisions of the Norwegian authorities.

”We are extremely proud of this deal”, says CEO Jan Stocklassa at Genera Networks. ”The contract means that our turnover will multiply over the next couple of years and that Genera Networks may continue to grow its presence in the lottery sector. I believe our patented concept has a bright future in many markets.”

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