Projo Biz Blog

GTECH wins lottery contract extension

7:23 AM Tue, Mar 10, 2009 |
By Business staff    Email this author |   Email this entry

Providence-based GTECH Corp., a unit of Italy-based Lottomatica, has signed a contract amendment with the Tennessee Education Lottery Corporation to continue providing online lottery technology for an additional 4 years.

GTECH expects to receive revenues of approximately $50 million over the four-year period, beginning in April 2011. GTECH has been the online lottery technology and services provider to the Tennessee Lottery since its inception in 2004.

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