GTECH and New Vision Gaming Enter Into Exclusive Agreement to Introduce New Games Into Lottery Distribution
05 March 2004 - 12:15AM
PR Newswire (US)
GTECH and New Vision Gaming Enter Into Exclusive Agreement to
Introduce New Games Into Lottery Distribution 10-Year Agreement
Will See Flagship Games Enter Lottery Space Through Multiple Sales
Channels WEST GREENWICH, R.I., March 4 /PRNewswire-FirstCall/ -- As
part of GTECH Corporation's move into a stronger lottery game
content position, the Company has entered into a 10-year exclusive
agreement with New Vision Gaming of Medford, Massachusetts, to
offer two flagship games through a variety of lottery distribution
channels. Under the terms of the exclusive agreement, the games
(Players Choice Poker and Worldwide Poker) will be adapted for
lottery use in various sales channels, including Interactive (via
the innovative e-scratch(TM) platform), social space, Electronic
Instant Lottery (EIL), self-service platforms, as well as in
traditional online and instant lottery mediums. "This is an
important agreement that extends the depth and quality of the
growing GTECH lottery game content library,"said GTECH Vice
President of Lottery Marketing John Cadigan. "It is another
important step in broadening our already strong game content
offering that will be supported by our industry-leading worldwide
lottery infrastructure." New Vision Gaming, with its extensive
casino game development experience, sees the move as an extension
of its products into new sales opportunities. "We are excited about
adapting our successful casino games into the rapidly-expanding
worldwide lottery industry," said New Vision Gaming President John
Feola. "Partnering with an industry leader like GTECH made the most
sense for our company and greatly enhances our ability to succeed
in these new markets." GTECH, with more than 80 existing lottery
contracts on six continents around the globe, will introduce the
Players Choice Poker and Worldwide Poker brands into all applicable
lottery sales channels once the games have been adapted for lottery
use. The games are expected to be available to lottery
jurisdictions by the end of 2004. GTECH, a leading global
information technology company with $1 billion in revenues and
5,000 people in 44 countries, provides software, networks, and
professional services that power high-performance, transaction
processing solutions. The Company's core market is the lottery
industry, with a growing presence in financial services transaction
processing. For more information about the Company, please visit
GTECH's website at http://www.gtech.com/. New Vision Gaming,
founded in 1996, is an independent developer of games for casinos
and lotteries. The company's product line includes two of the
fastest growing casino table games in the United States, Boston 5
Stud Poker and Pai Gow Mania. For more information about New Vision
Gaming, please visit the company's website at
http://www.newvisiongaming.com/ Contact: Robert K. Vincent Public
Affairs GTECH Corporation 401-392-7452 DATASOURCE: GTECH
Corporation CONTACT: Robert K. Vincent, Public Affairs of GTECH
Corporation, +1-401- 392-7452 Web site: http://www.gtech.com/
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