GTECH wins Indiana Lottery contract

Posted 10/10/12

PROVIDENCE – GTECH Corp. has been chosen as the integrated services provider by the Indiana (Hoosier) Lottery.

Under the 15-year deal, to be signed by Nov. 1, GTECH will provide comprehensive lottery services and operations to the Indiana Lottery.

According to a release by Lottomatica Group SpA, GTECH’s parents company, the selection team unanimously recommended GTECH after an evaluation of the company’s business plan.

Indiana’s Hoosier Lottery said it expects the GTECH business plan to generate an additional $2.1 billion in net income over 15 years for the state of Indiana.

“GTECH is pleased with the State Lottery Commission’s decision and excited about this new opportunity,” GTECH President & CEO Jaymin B. Patel said in a statement. “We look forward to helping the Hoosier Lottery improve sales growth and returns to the State of Indiana.

“Together, we intend for the Hoosier Lottery to become and remain one of the best-performing lotteries in the nation and a benchmark of social responsibility,” added Patel.

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