PROVIDENCE – GTECH Corp. said Wednesday it has gotten a one-year extension of its contract with the California State Lottery.
GTECH, a unit of the Italian gaming giant Lottomatica SpA, said the renewal will extend the length of the contract to Oct. 14, 2014. The extension
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GTECH has operated the California Lottery since 1986 and signed a four-year contract extension with the state a year ago.
However, Jaymin B. Patel, president and CEO of GTECH, said that since the extension was signed, “due to the current challenging business climate, our focus in support of the Lottery has now shifted to sustaining the Lottery’s retailer base and investing in ways to increase revenue and brand awareness via the Lottery’s existing retailer network.”
GTECH said it plans to introduce its new G2 interactive player platform while continuing to maintain existing products and services.
