Projo Biz Blog

Gtech to create online lottery in Belarus

1:39 PM Wed, Sep 03, 2008 |
By Business staff    Email this author |   Email this entry

GTECH Global Services Corp. said today it signed an agreement with Sport Pari to create the first online lottery system in Belarus.

Sport Pari has received a government license to become the exclusive license holder and operator of online lottery games in the country. The five-year agreement will run through July 2013 and follows a competitive procurement. GTECH expects to receive revenues of $16 million over the five-year term, commencing in October.

Under the terms of the agreement, GTECH will provide Sport Pari with technology and approximately 1,000 terminals for the launch of the first online lotto game anticipated in October. The number of terminals is expected to grow to up to 5,000, as additional online games are implemented over the five-year period.

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Comments

This blog is nice and informative. Sport Pari has received a government license to become the exclusive license holder and operator of Online Lottery games in the country.




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