Game Types Bonuses Slots More
Online Casinos Poker Bingo Games Lotteries Sports & Racebooks Fantasy Sports Forex Betting Exchanges Spread Betting Binary Options Live Dealers
Weekly Newsletter Online Gaming News Payment Methods Gaming Software Gaming Site Owners Gaming Jurisdictions Edit Preferences Search

GTECH, New Zealand Lottery Sign Agreement

11 Aug 2005

WEST GREENWICH, Rhode Island – (PRESS RELEASE) -- GTECH Holdings Corporation (NYSE: GTK) today announced that its wholly-owned subsidiary, GTECH Global Services Corporation, has signed an agreement with the New Zealand Lotteries Commission (NZ Lotteries) for a complete lottery system conversion to include a new integrated online and instant lottery system and new terminals.

"GTECH is committed to the growth of its customers," said GTECH President and CEO W. Bruce Turner. "Enterprise Series uses an open platform infrastructure that will give NZ Lotteries the ability to capture emerging growth and management opportunities such as e-commerce applications, new game delivery, access to browser-based devices, sharing of networks and communications, and compatibility with other open third-party business management solutions."

In addition to Enterprise Series, GTECH will replace NZ Lotteries existing terminal base with approximately 1,450 Altura(R) terminals. GTECH will also provide ongoing software support to NZ Lotteries as well as terminal maintenance over nine years commencing with the implementation of the new system, which is expected in June 2006.

GTECH has provided lottery equipment and services to NZ Lotteries since 1986. The Company expects to generate approximately $14 million in product sale revenue. GTECH will also receive an additional $14 million in ongoing software support, software licensing, and terminal maintenance.

 
About Us | Advertising | Publications | Land Casinos