Projo Biz Blog

GTECH signs California Lottery extension

10:56 AM Wed, Oct 07, 2009 |
By Business staff    Email this author |   Email this entry

Providence-based GTECH Corp., a unit of Lottomatica, said Wednesday it signed a one-year contract extension with the California Lottery for "retail equipment, messaging devices and enhanced player services."

GTECH expects "revenues in the range of $40 million to $50 million" beginning in the fourth quarter of 2013 from the extension.

GTECH signed in July 2008 a four-year contract extension with the California Lottery which was to expire on October 13, 2013; the latest amendment extends the contract until October 13, 2014.

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