Lottomatica Group subsidiary GTECH Corporation has signed a five-year contract extension with the California Lottery which is expected to generate revenues to GTECH in excess of $400m over the period.
Under the extension, GTECH will provide the lottery with online/instants central system enhancements, new lottery products, and ongoing services. The five-year extension will commence on October 14th 2014 and is expected to generate revenues to GTECH in excess of $400 million over the contract extension term, [...]