LOTTOMATICA GROUP Announced that its Subsidiary GTECH Global Services Corporation Limited Has Signed Agreement with the New Zealand Lotteries to Provide Enhanced Lottery Technology and Services through June 2020
Tuesday, November 13, 2012 at 12:19PM ROME, ITALY and PROVIDENCE, RHODE ISLAND (US) – November 05, 2012 – Lottomatica Group S.p.A. announced that its subsidiary GTECH Global Services Corporation Limited has signed an agreement to provide new lottery technology and ongoing services for the New Zealand Lotteries Commission (NZ Lotteries). This agreement extends the relationship to June 30, 2020 and calls for two, two-year extension options, exercisable at the sole discretion of NZ Lotteries. GTECH expects to receive approximately €14 million in revenues over the life of the base agreement. The NZ Lotteries has been a GTECH customer since 1987.
Throughout our 25-year partnership, GTECH and NZ Lotteries have shared a commitment to delivering the highest quality in every aspect of lottery products and system performance," said GTECH President and CEO Jaymin B. Patel. "Over that time, we have also worked closely with NZ Lotteries to understand their business processes and vision for the future. Together, we have developed a set of solutions and growth strategy that are essential to helping them meet their requirements today, and in the years ahead."
Under the terms of the agreement, GTECH will provide enhancements to the existing Enterprise Series (ES) central system solution, benefiting both retailers and players alike. The Company will also replace NZ Lotteries' online terminals with 1,800 Altura® GT1200 terminals, enabling exciting new games and multimedia possibilities.
Additionally, GTECH's Lottery Inside in-lane solution will provide retailers the ability to process lottery transactions through non-lottery dedicated point-of-sale devices, improving player convenience and offering ease of execution for retailers.
In addition to lottery technology, GTECH provides NZ Lotteries with field services and terminal maintenance. Its ES Interactive solution, which allows the sale of online lottery games to players via the Internet, went live in New Zealand in 2008.