The company expects to receive revenues of euro 50 million

Gtech signs long-term Oregon contract

2007-10-05
Reading time 52 seg

The seven-year integrated services contract will commence in September 2008, and includes options to renew for up to three years. Gtech expects to receive revenues of approximately euro 50 million over the contract term, commencing in 2008.

"Our partnership with the Oregon State Lottery spans more than 20 years, and we appreciate their continued confidence in Gtech to serve them well into the next decade," said W. Bruce Turner, Lottomatica S.p.A. and Gtech CEO. "It is notable that the procurement placed an emphasis on the quality of the proposed technological solution, and, as such, is a strong indication of the emerging value of Gtech's Imagine terminals, and is also validation of the company’s enterprise series solution package."

Under the terms of the new contract, Gtech will replace the Lottery’s existing online lottery system and terminals with Gtech's Enterprise Series solution and approximately 3,100 Imagine terminals.

Gtech will also provide the Lottery with approximately 430 Lottery To Go machines (formerly GamePoint), a combination instant ticket and online lottery product vending machine.

The company will provide ongoing services to the Lottery such as installation and maintenance of the new central system and terminals; retailer training; marketing support; hotline management; and field service. Gtech will maintain its data center in Salem, Oregon, with a backup data center located in Austin, Texas.

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