GTECH lands Costa Rican lottery contract

Posted 5/30/12

PROVIDENCE – GTECH Corp. parent Lottomatica Group announced that GTECH Global Services Corp. Ltd. and BOLDT Gaming have signed a six-year contract with La Junta de Proteccion Social to assume operational responsibilities and provide technology for the online lottery in Costa Rica.

The contract, which follows a competitive, international procurement, allows for two, two-year automatic extensions.

“We recognize that with each new lottery customer brings a unique marketplace, unique business requirements, as well as unique challenges,” GTECH President and CEO Jaymin B. Patel said in prepared remarks. “To that end, we have created a comprehensive, sustainable growth plan for JPS based upon extensive research in the Costa Rican player and retailer markets, and worldwide lottery best practices.”

“As the new lottery operator, the GTECH and BOLDT consortium will offer JPS the flexibility to evolve their gaming enterprise, and integrate new business technologies and gaming products, all in a socially responsible manner,” added Patel.

Under the terms of the agreenment, both GTECH and BOLDT Gaming will provide support to JPS, including lottery game development, retail management, the supply of technology goods and services, marketing and brand execution, logistics and warehousing.

JPS will provide regulatory oversight and continue to perform all lottery draws.

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