Friday, July 18, 2008

GTECH extends deal with California Lottery for 4 yrs

Lottomatica's GTECH extends deal with California Lottery for 4 yrs
MILAN (Thomson Financial) - Lottomatica SpA said that its unit GTECH Corporation has extended for four years a contract to supply equipment and services to the California Lottery.

The extension will start in Oct. 2009 and is estimated to generate $220 million to $250 million in revenues over the period of the contract, it said.

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