Under the extension agreement, Gtech will provide operational and professional services to support Veikkaus in its continued development of new games and sales channels. It expects to receive revenues in the range of 60 million euros – 70 million eurosover the extension period, beginning in the first quarter of 2013. Veikkaus has been a valued Gtech customer since 1989.
“Gtech is listening to, and acting upon, the ever-changing market needs of its customers in order to better understand and address the unique requirements of the lottery industry,” said its President and CEO Jaymin B. Patel. “As a result, we are pleased to be part of the next phase of growth for one of our industry’s most advanced lotteries. Veikkaus Oy is an early adopter of new technologies and an efficient operator that contributes the highest level of lottery profits to good causes per capita in the world.”