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Lottomatica reports results

10 Nov 2006

ROME, Italy – (PRESS RELEASE) -- The Board of Directors of Lottomatica S.p.A., chaired by Mr. Lorenzo Pellicioli, approved today the consolidated accounts of Lottomatica Group for the nine months of 2006 ended September 30, 2006, which include nine months of Lottomatica Italian operations and one month of GTECH operations.

"It has been a little over two months since Lottomatica completed its acquisition of GTECH. As you might imagine, integrating two industry leaders is a formidable but achievable challenge. The people of Lottomatica and GTECH have responded admirably to the challenge," said Bruce Turner, CEO of Lottomatica Group. "While much work has gone on behind the scenes to integrate our systems and operations, I am pleased to report that this process has proceeded swiftly and efficiently. More importantly, it has been seamless to our customers. We are already benefiting from the complementary expertise within the two organizations, and we remain confident about our long-term outlook."

"We continued to deliver healthy financial results for the nine months of this fiscal year," said Marco Sala, Managing Director of Lottomatica Italian Operations. "In particular, with reference to the Italian operations, total Lottery wagers grew 20% on a year-to-date basis, and we experienced continued positive performance in the Commercial Services segment."

 
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