GTECH Announces Lottery Deals

GTECH S.p.A. announced two major deals for its lottery division last month, one in Tennessee and one in Greece.

The company has signed a seven-year integrated drawing-style/instant-ticket lottery gaming system and services contract, which includes a wide array of lottery products and ongoing services, with the Tennessee Education Lottery Corporation.

The company also announced that its GTECH Canada subsidiary has signed a deal to provide a video lottery system to Greek lottery operator OPAP.

The Tennessee Lottery contract, which follows a competitive procurement, allows the lottery the option to renew for up to an additional seven extension years. GTECH expects to receive approximately $130 million in revenues from the new contract, commencing following the lottery gaming system conversion in April 2015.

Under the contract, GTECH will provide a new, integrated drawing-style/instant ticket lottery gaming system based on GTECH’s Enterprise Series (ES) solution, designed to support a minimum of 5,500 full-service drawing-style retailer terminals at conversion with growth capacity to support up to 7,500 full-service drawing-style retailer terminals, and a variety of additional point-of-sale equipment to drive increased sales. GTECH will also install its Altura GT1200 terminals with 15-inch touch screens, new Gemini Ultra self-service ticket vending machines, and Ticket-Scan Plus self-service ticket checkers for players.

In a separate release, GTECH announced that its wholly-owned subsidiary GTECH Canada has been selected to provide its Intelligen VLT Central Information System to Greek lottery operator OPAP, to monitor and control up to 35,000 VLTs in OPAP’s planned new network. 

GTECH was chosen from among four vendors in an open competitive procurement process to provide OPAP’s VLT Central Information System.

GTECH is expected to connect its Intelligen Central Information System to OPAP and concessionaire VLTs beginning in late 2014, following system certification by the Hellenic Gaming Commission.

GTECH’s Central Information System will provide OPAP with the ability to connect to the world’s largest VLT manufacturers’ machines through the game-to-system (G2S) protocol; advanced network functionality, including multi-level jackpots and remote game downloading; an integrated responsible gaming solution; advanced business analytics; player services management and proactive diagnostics.