GTECH Extends North Carolina Contract

Leading American gaming technology and services firm GTECH Corporation has signed a four-year contract extension with the North Carolina Education Lottery (NCEL) to provide online lottery technology and instant-ticket printing services.

Providence-based GTECH is a wholly-owned subsidiary of Lottomatica, one of the world’s largest commercial lottery operators, and revealed that the new agreement runs until March of 2017 and also covers the provision of new products.

“We are grateful to continue our partnership with the NCEL, which dates back to its start-up in 2006,” said Jaymin Patel, President and Chief Executive Officer for GTECH.

“Over the next several years, we will work together with the Lottery to apply industry-wide best practices, assist it in expanding its self-service product line and deliver new electronic point-of-sale advertising displays to further drive sales and help it to maximise revenues for education programs in North Carolina.”

GTECH revealed that the NCEL recorded more than $1.29 billion in total sales in its most recent fiscal year and raised more than $410.8 million for education programs in the southern American state. It stated that its current combined compensation rate would continue through the term of its extended online and instant ticket printing and services contracts.

Over the extension period, GTECH will continue to operate and maintain the NCEL’s online and instant central system, which currently supports 6,000 terminals but may grow to up to 10,000 terminals, in addition to its communications network and instant-ticket printing services.

GTECH will also introduce ES MultiMedia digital advertising displays to stimulate increased awareness of the NCEL product line while expanding the Lottery’s self-service network with approximately 550 vending machines.