Gtech Loses Idaho Lottery Deal
The Idaho lottery says it will negotiate with another vendor.
Idaho Lottery Commission informed
Gtech Holdings
(GTK)
that it was on the look out for another vendor for its new online lottery gaming system. West Greenwich, RI-based company has been providing lottery products and services since 1989 to Idaho Lottery. The present contract, which is set to expire in Feb. 2007, provided Gtech with annual revenues of about $3 million to $4 million.
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