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GTECH nets lucrative contract extension in California

22nd June 2010 7:41 am GMT

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, [...]

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