Gtech signed four-year extension with Camelot UK Lotteries

Gtech Corporation is a major lottery technology and services supplier to Camelot, and expects to receive more than 200 million euros in revenue over the four-year extension, commencing in the first quarter of 2019. Camelot has been the operator of the U.K. National Lottery since its inception in 1994.

“We welcome the opportunity to extend our long-standing partnership with Camelot," said Gtech President and CEO Jaymin B. Patel. “The U.K. National Lottery is a highly-regarded organization, raising more than us$ 46.8 billion for Good Causes in the U.K. since it began selling lottery tickets in 1994. We greatly value and respect the relationship we have established with Camelot and the National Lottery. We look forward to continuing to support Camelot over the next decade and actively helping to raise additional funds for Good Causes.”

Under the terms of the extension agreement, Gtech will supply Camelot with 8,000 Altura lottery terminals, which will be used for retailer expansion, bringing the total number of online terminals to more than 36,700 country-wide. In addition to continuing to provide Gtech’s Enterprise Series technology, Gtech will continue to provide ongoing services to Camelot including software development, maintenance, and support; field maintenance; and terminal repair services.