he 24-bin Expandable Dispensing System-Quad ITVMs will replace machines already in the field, and the firm will also provide machine service and maintenance.
This award is the result of a competitive procurement process. Gtech expects to receive approximately us$ 7 million in revenue from this five- year lease agreement, which will commence in July of this year.
"Self-service technology plays a vital role in today’s lottery market, and these ITVMs will support the Missouri Lottery’s instant ticket sales growth," said W. Bruce Turner, Gtech President & CEO and Lottomatica CEO. "We are proud of the Missouri Lottery’s continued confidence in Gtech’s ability to provide quality products and services."
"We’re looking forward to the new Gtech machines," said Larry Jansen, Executive Director of the Missouri Lottery. "The EDS-Q machines have a proven track record with 16,450 of these machines currently in use. In addition to a high-quality product, Gtech has extensive experience in the conversion process, and they can provide us with a seamless transition with almost no downtime."
The Missouri Lottery has been a valued Gtech customer since 1991. Since its inception, the Missouri Lottery has returned more than us$ 2.8 billion to the state and its public education programs.