GTECH Printing picked by Connecticut Lottery as a Provider of Instant-Ticket Printing Services
Press release from the issuing company
July 12 -- GTECH Printing Corporation announced that the Connecticut Lottery Corporation (Connecticut Lottery) has chosen the Company as a provider of instant-ticket printing services, under a three-year contract, commencing August 19, 2007. The contract also provides for two one-year extension options, and is the result of a competitive procurement. GTECH's instant-ticket printing subsidiary, Creative Games International (CGI), will manufacture the tickets at its printing facility in Plant City, Florida.
"This award demonstrates the Connecticut Lottery's confidence in the quality of our products and creative execution, and comes on the heels of our recently-announced instants contract in Rhode Island," said Ross Dalton, GTECH Senior Vice President of Printed Products and Licensed Content. "CGI has had a very positive relationship with the Connecticut Lottery over the past 12 years, and we look forward to enhancing their instant-ticket program with creative new content over the next three years."
GTECH subsidiary CGI has been providing instant-ticket printing services to the Connecticut Lottery since 1995. With respect to its contract with the Connecticut Lottery, GTECH expects to receive revenues of approximately $5.0 million to $7.5 million over the three-year contract term.
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