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Clash of the Lottery Titans: Scientific Games Suing Rival GTECHNews Story
Lottery and betting equipment maker Scientific Games Corp. said Monday that its subsidiary Scientific Games Royalty Corp. is suing GTECH Holdings Corp., the world's largest operator of lottery systems, for patent infringement.The lawsuit concerns the enforcement of Scientific Games' group participation multiplier patents, U.S. Patent Nos. 6,648,753 and 6,692,354 and GTECH's unauthorized and illegal use of same.Lorne Weil, Scientific Games' chairman and CEO, said, It is our intention to vigorous
May 9, 2005, 7:16 pm - Lottery News

GTECH gets Pennsylvania Lottery dealNews Story
GTECH Corp., the world's largest online lottery operator, said Monday it will provide lottery-ticket vending machines to the Pennsylvania Lottery.GTECH (NYSE:GTK), of West Greenwich, R.I., said it received an order for 2,400 instant ticket vending machines from Scientic Games Corp., which will lease the machines to the Pennsylvania Lottery.The machines will be delivered in May, GTECH said in a news release. GTECH said the deal was valued at about $22 million. This (instant ticket vending machine
Apr 18, 2005, 11:39 am - Lottery News

Lottery industry firms eye N.C. prizeNews Story
The biggest players in the $46.5 billion U.S. lottery management industry are casting their eyes toward North Carolina, wondering whether the only state on the Eastern Seaboard without a lottery is about to pull the trigger. What have you heard? Angela Geryak Wiczek, a spokeswoman for Rhode Island-based GTECH Corp., asked a reporter. What do you hear about its chances? GTECH, which has paid a lobbyist in the state for more than a decade, is expected to be first in line if and when the state le
Apr 18, 2005, 10:45 am - Lottery News

Colorado Lottery to suspend sales for one dayNews Story
Lottery giant GTECH criticizes rival Scientific Games for 'dark day'Colorado plans to halt lottery ticket sales for one day this spring while workers install machines that verify which tickets are winners.New York-based Scientific Games is taking over the job of managing the lottery machines under a state contract worth an estimated $43.5 million. The switch to Scientific Games was supposed to happen Nov. 1 last year, but glitches delayed it twice, pushing the start date to May 2.Lottery sales w
Mar 1, 2005, 3:30 pm - Lottery News

Florida Lottery set to roll out changesNews Story
The Florida Lottery will implement a series of changes January 31, including new lottery machines, changes to the Pick 4 game, and new game called Grouper.The new game Grouper is really a new way to play Florida lottery games, rather than being a new game itself. When players purchase a Grouper ticket, they pay $5 for quick picks of five existing games and get a sixth quick pick -- for free -- of a randomly selected game.On the same day Grouper sales begin, lottery retailers throughout the stat
Jan 24, 2005, 11:45 am - Lottery News

GTECH lands 5-year deal with Finland lotteryNews Story
Lottery systems operator Gtech Holdings Corp. reported Monday that it signed a five year deal with the Finnish national lottery.Veikkaus Oy, the operator of the Finnish national lottery, awarded the contract to Gtech to replace the country's existing lottery system with new software and terminals as well as provide ongoing services for the systems. The contract has automatic provisions for two, two-year extensions which would extend the contract until 2013.The company expects to generate $38 mil
Dec 21, 2004, 9:59 am - Lottery News

GTECH to earn $85M from Missouri lottery contractNews Story
GTECH Holdings Corporation announced Thursday that its wholly-owned subsidiary, GTECH Corporation, was chosen by the State of Missouri to provide a new online lottery central system, terminals, and ongoing services under a proposed seven-year integrated services contract.The contract is expected to commence July 1, 2005 with the option to renew the contract for up to eight years beyond the expiration date of June 30, 2012.GTECH expects to generate approximately $85 million over the seven-year te
Dec 17, 2004, 3:10 pm - Lottery News

GTECH gets 90-day contract extension with Colorado LotteryNews Story
GTECH Holdings Corporation today announced that the Colorado Lottery, under the provisions of its original contract with GTECH, has granted the West Greenwich-based company a 90-day contract extension.GTECH's current contract with the lottery is set to expire on October 31, 2004, GTECH said.The Colorado Lottery had selected Scientific Games Corporation as its vendor to provide equipment and services for a new integrated online and instant-ticket lottery system in October 2002, following a compet
Oct 13, 2004, 8:42 am - Lottery News

GTech Profits UpNews Story
GTech Holdings Corp., the world's largest lottery systems operator, on Tuesday said quarterly earnings rose on new contracts, acquisitions and strong sales of its products.GTech, which provides services and equipment to the lottery industry in 45 countries and 25 U.S. states, said it benefited from new contracts in Spain, Italy, Jamaica and Mexico. The company also received a new ticket-vending machine contract in Maine and an extension in Oregon.GTech, which has a 70 percent share of the online
Sep 22, 2004, 8:20 am - Lottery News

SEC Investigating Gtech in BrazilNews Story
Gtech Holdings Corp. said Thursday that the Securities and Exchange Commission opened a formal investigation into the lottery operator's dealings in Brazil.The SEC previously issued an informal request for documents from Gtech, as part of its investigation into public corruption matters in Brazil. Gtech said regulators told the company that the new order is a routine action, unrelated to any recent developments, that is intended to give the SEC adequate investigatory powers if needed.Gtech said
Jul 29, 2004, 1:44 pm - Lottery News