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LOTTOMATICA SUBSIDIARY GTECH CORPORATION NOTIFIED BY THE OHIO STATE LOTTERY OF ITS INTENT TO NEGOTIATE NEW ONLINE/INSTANTS SYSTEM LOTTERY CONTRACT WITH ANOTHER VENDOR

ROME (ITALY) - PROVIDENCE, RHODE ISLAND (US), May 13, 2008 - Lottomatica S.p.A.'s wholly-owned subsidiary, GTECH Corporation, was notified by the Ohio State Lottery that it has selected another vendor to provide equipment and services for a new online/instants lottery system, terminals, and IP-communications network, under a new two-year integrated services contract.

GTECH has provided lottery products and services to the Ohio Lottery since 1984. The Company's current contract with the Lottery is set to expire June 30, 2009.

The proposed two-year contract was expected to generate annual revenues to GTECH of approximately $25 million beginning in July 2009, with an approximate $49 million planned investment over the two-year term. Lottomatica Group confirms its financial guidance provided on April 7, 2008, in the Group's 2008 – 2010 Strategic Plan presentation.

Lottomatica is one of the world's largest commercial lottery operators and a market leader in the Italian gaming industry. GTECH is a leading gaming technology and services company, providing innovative technology, creative content, and superior service delivery. GTECH and Lottomatica together create a fully integrated lottery operator and gaming technology solutions provider – a combined company with worldwide scale, considerable financial strength, and industry-leading customer solutions. Lottomatica is majority owned by De Agostini, which belongs to a century-old publishing, media, and financial services group. Lottomatica is publicly traded on the Italian Stock Exchange (LTO), and in 2007, had approximately €1.7 billion in revenues and 5,900 employees in over 45 countries when combined with GTECH.

 

For further information:

  AD HOC Communication Advisors 02/7606741

Mario Pellegatta - Matteo Cidda 335/1415585

This press release and the previous ones are available on the web site: www.adhoccommunication.it

Lottomatica web site: www.gruppolottomatica.it

GTECH contact: Robert K. Vincent Public Affairs 1-401-392-7452

GTECH web site: www.gtech.com

 

 

 

 




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