Gtech S.p.A. announced that its subsidiary Gtech Corporation has been awarded a new 10-year contract by Washington’s Lottery to provide a wide array of lottery products including a new central system, draw-based terminals, self-service machines, in-store multimedia technology, as well as ongoing support services.
The proposed contract, which is the result of a competitive procurement, is expected to commence on July 1, 2016, and includes the opportunity for an additional 10 extension years. Washington’s Lottery has been a valued Gtech customer since 1995. Gtech expects to receive revenues of approximately $150 million over the 10-year base contract.
“Throughout our nearly 20-year partnership, Gtech and Washington’s Lottery have shared a commitment to the highest quality in every aspect of lottery products and system performance. During that time, we have come to understand the Lottery’s vision and mission for the future. We are prepared to support the Lottery’s growth strategy with a set of innovative solutions that offer the flexibility and the ability to adapt to changes in the industry and the demands of the marketplace, now and over the next decade,” said Gtech Americas’ President and CEO Jaymin B. Patel.
Under the proposed contract terms, Gtech will provide Washington’s Lottery with a comprehensive set of solutions including a new central system based on Gtech’s Enterprise Series platform, 3,800 full-service Altura® GT1200 lottery terminals, as well as the Gemini® Touch lottery product vending machines which provide a dynamic and interactive player experience through an all new, high definition 42 inch touch screen user interface. In addition, Gtech will provide the latest version of its Enterprise Series MultiMedia, allowing the Lottery to manage, distribute and display multimedia content development such as games, advertising, promotions, jackpot activity, and winner awareness, directly at the point-of-sale. The Company will also upgrade the existing VSAT communications network, with a large subset of retailers receiving Gtech ’s Dual Comm Inside solution.
The Company will continue providing ongoing services to the Lottery including maintenance of the new central system hardware and software, terminal maintenance and repairs, field marketing and field services, and hotline management.