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LOTTERY
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| Vol. 31 No. 5 -- Monday May 2 , 2005 |
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GTECH Acquires
Operation and Management Rights of the Barbados Lottery Company WEST GREENWICH, Rhode Island, USA (April 26, 2005) -- GTECH Holdings Corporation (NYSE: GTK) today announced that its wholly-owned subsidiary, GTECH Global Services Corporation, has entered into an agreement to acquire the operation and management rights of The Barbados Lottery. GTECH will become the exclusive central system and services supplier to The Barbados Lottery, which is now comprised of the Barbados Olympic Association, the Barbados Cricket Association, the Barbados Turf Club, and the National Sports Council, under an 18-year agreement commencing at the closing, which is expected in May 2005. "We are extremely pleased to have the opportunity to become the exclusive central system and terminals provider for all three online lottery license holders in Barbados," said GTECH President and CEO W. Bruce Turner. "Under this unique agreement, GTECH will essentially become the sole lottery operator on the island. By leveraging our existing LILHCo central system in Austin, Texas, we are able to offer overall reduced operating costs to The Barbados Lottery and even greater returns for the good causes in Barbados."
Presently, GTECH is the technology and services provider for the online lottery games operated by the Barbados Olympic Association. In addition, GTECH’s subsidiary, Leeward Islands Lottery Holding Company (LILHCo), provides the equipment for the Barbados Cricket Association’s online lottery games. The Barbados Turf Club currently operates its online games using another vendor’s equipment. Under the terms of the 18-year integrated services agreement, GTECH will migrate the online games of all three entities to GTECH’s Enterprise Series™ solution, to be operated out of Austin, Texas. GTECH will also provide approximately 250 Altura® terminals and an IP-based wireless communications system will be installed as the interface between the retailers and the central system. GTECH will provide ongoing services to The Barbados Lottery including maintenance of the central system, terminals, and communications network; retailer training; hotline management; and field service. As the lottery operator, GTECH will also be responsible for lottery marketing, including advertising and promotions; draw shows; game portfolio management; and auditing. With respect to its integrated services agreement with The Barbados Lottery, GTECH expects to generate revenues of approximately $80 million to $100 million over the 18-year term. GTECH, a leading global information technology company with over $1 billion in revenues and 5,300 people in over 50 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 commercial gaming technology and financial services transaction processing. For more information about the Company, please visit GTECH’s website at http://www.gtech.com. SOURCE: GTECH Holdings Corporation (http://www.gtech.com) media release.
Greek Lottery’s New CEO Aims at New Products NEW YORK, USA (April 27, 2005) -- The new CEO of the Greek Organisation of Football Prognostics (OPAP), Mr. Basile Neiadas, made a presentation at the Economist Conference that took place in Athens on April 20th, 2005. He elaborated on OPAP's objectives to attract a wider customer base through new games that appeal to a larger audience, such as Bingo-Lotto.
"Our goal is to take full advantage of the opportunities to increase our revenues from our distribution networks, beyond lottery, such as from advertising, ticket sales for cultural or athletic events, as well as from services such as the payment of bills," said Mr. Neiadas. He continued, "Betting though the Internet, the telephone or digital TV, are not currently allowed in Greece. Therefore, there is today an extensive illegal market that develops through these channels, and our goal is to go after it. In the short term, we will achieve this objective through strategic advertising as well as by inducing the Hellenic Republic to take measures against illegal gaming. In the medium term, we will introduce new attractive games, while in the long term we will ensure our presence in the market of electronic gaming, once these become legal." Referring to OPAP's prospects in 2005, he mentioned that, "We follow a strategy which aims to increase our revenues on a constant basis, and to maximize shareholder value within a context of social responsibility. Aiming to maintain our leading position in the sector of lottery and gaming in Greece, we will continue to invest in new games and to redesign the existing ones to make them more attractive to our customers." "The advertising and sponsorships which we provide focus on existing and potential clients. Our goal is to reinforce OPAP's brand dominance, which is widely recognized and has achieved customer loyalty by maintaining a constant presence in the last 40 years in the lottery and gaming markets in Greece." Mr. Neiadas analyzed OPAP's financial condition and concluded that, "In today's complex and increasingly demanding environment, establishing and maintaining strong relationships has become of utmost importance. As I mentioned, OPAP enjoys a high degree of loyalty in its customer relationships. On a larger scale, this enables us to win the confidence of international investors, who are willing to reward our business model and accept the state in its role of shareholder rather than as an impediment to our development. This has lead OPAP to become the most profitable company in Greece today and achieve the third largest market capitalization on the Athens Exchange." Mr. Neiadas' presentation at the Economist Forum came at the heels of an upgrade by Citigroup, which rated OPAP's share a "buy" from the previous "hold" and set a target price of E 25 for the share. New CEO contributes to OPAP's upgrading
In a note published on April 20th, Smith Barney, a division of Citigroup Global Markets, upgraded its recommendation on OPAP, the Greek lottery group, from "hold" to "buy" and raised the target price to E 25.20. OPAP's shares which are listed on the Athens Exchange closed at E 21.02 on Monday, April 25th. The appointment of the new CEO, Mr. Basile Neiadas, on March 22nd, 2005 was among the key triggers for this upgrade. Mr. Neiadas, 50 years old, has a strong academic and corporate background in the private sector. He is a graduate of the Athens University-School of Economics and holds an MBA with Honors from Boston University. He has a 20-year career in the pharmaceuticals and cosmetic industry and served as General Director of Games Services of the Organizing Committee for the Athens 2004 Olympic Games. Another trigger for the upgrade was the positive pressures on the management / regulator from the government's interest in selling more of its stake. Indeed, as of May 2005, the Government will be allowed to reduce its stake in OPAP to from 51% to 34%, and according to the analyst this offering may be expected to take place sooner rather than later. Citigroup expects a strong first quarter 2005 for OPAP, with sales growth of 36%. The rejuvenation of Stihima, one of the main existing games, is a key challenge to the new CEO, along with clearly communicating a business plan with specific financial targets and key decisions on existing and new games. The report increases the 2006-2007 EPS estimates for OPAP by 18-21% (1.55 E in 2006 and 1.74 E in 2007), capitalizing mainly on the advertising revenues from KINO which will be initiated in 2006. The actual 2004 EPS was 1.29, with an estimate of E 1.40 for 2004. The report indicates that there could be further upside to the target price of 25.2 E, as Discounted Cash Flow Valuation scenarios suggest a value up to E 30.8 for OPAP, if the monopoly remains. OPAP has the gaming monopoly in Greece and it organizes betting on sporting events and lottery games. It has a market capitalization of 6.8 billion Euros, the third largest market cap on the Athens Exchange. Consolidated 2004 Revenues were 3,177.2 million Euros (up 39.5% from 2003) with a Net Income Before Taxes of 742.3 million Euros (up 85.1% from 2003). SOURCE: OPAP -- Provided by Capital Link. For further information please contact: Mr. Nicolas Bornozis, President Capital Link, Inc. tel. (212) 661-7566, E-mail: info@capitallink.com. Press Release Distributed by Market Wire. NEW YORK, USA (April 28, 2005) -- Scientific Games Corporation (NASDAQ: SGMS) announced that Loto Catalunya has awarded Scientific Games and Indra (IBEX-35: IDR) the contract to provide full lottery facilities management services for the autonomous region of Catalonia in Spain for both online and instant lottery products and services. Scientific Games’ portion of the award is valued at $37.3 million over the initial term of eight years and commences October 22, 2005. The contract also contains an option for a two-year extension. Loto Catalunya, recorded total lottery sales of €71 million or approximately $92 million in calendar 2004. Under the new agreement, which was secured through a competitive bid that included four other bidders, Scientific Games and Indra will provide Loto Catalunya with 2,500 EXTREMA® online lottery terminals, a state of the art AEGIS® central system, the printing and design of instant lottery tickets, complete online lottery services, warehousing and distribution, as well as marketing services.
"We are very pleased at the prospect of working with Indra and Loto Catalunya," said Lorne Weil, chairman and CEO of Scientific Games Corporation. "This full facilities management contract where we are responsible for the operation of the entire lottery, both online and instant tickets, is a terrific opportunity to help the Lottery increase sales and profits. By working so closely with one of the largest technology partners in the region, Indra, and by implementing the entire array of best practices we have developed over thirty years of service to lotteries worldwide, we expect that this project should be quite successful." About Scientific Games Scientific Games Corporation is the leading integrated supplier of instant tickets, systems and services to lotteries, and the leading supplier of wagering systems and services to pari-mutuel operators. It is also a licensed pari-mutuel gaming operator in Connecticut and the Netherlands and is a leading supplier of prepaid phone cards to telephone companies. Scientific Games’ customers are in the United States and more than 60 other countries. For more information about Scientific Games, please visit our web site at www.scientificgames.com. About Indra Indra is the leading Spanish Information Technologies and Defense Systems company, with revenues of €1.079 billion in 2004 and an order book amounting to €1.364 billion. A solid technology base, permanent innovation, quality in processes and results, demanding management and the high degree of qualification of more than 6,600 professionals that work for the company, are the pillars sustaining Indra’s success. SOURCE: Scientific Games Corporation. IRVING, Texas, USA (April 25, 2005) – Lottery Dynamics LLC announced the signing of Tim Green to the position of Vice President International. Green, who is based in London, has served since 2000 as a Board Director of PIMS-SCA, a leading-edge insurance brokerage firm that has provided coverage for many of the key gaming companies in both the United States and Europe including Grab.com’s billion dollar online lottery. In his role at PIMS-SCA, Green was responsible for developing new business opportunities with lotteries, casinos and U.K. bookmakers through the firm’s ability to transfer the prize risk from the gaming entity to an insurance entity.
Green brings his unique skills to Lottery Dynamics’ Lotto Gold+™ programs wherein starting Lotto jackpots can be boosted 3-4 times current levels with risk transfer assumed by Lottery Dynamics and its strategic partners. The other key features of Lotto Gold+™ are multiple priced tickets playing for a shared progressive jackpot and a unique "free" daily draw. "This is a marvelous opportunity for me to bring my knowledge of the gaming, insurance and promotional markets to a company I believe will lead Lotto’s evolution from a staid $1 game to a game players will view as vastly more entertaining," said Green who spent much of his career focusing on underwriting a variety of coverages for the film, theatre and other entertainment-related industries. "We believe our patented multiple-priced ticket structure and higher jackpots will spark greater interest in the lotteries core game, Lotto, and clearly address the players penchant for choice and value," Green added. "My job will be to ensure that the lottery operator enjoys a seamless transfer of risk and reward. We take on all the risk and the lottery reaps the reward of an invigorated new game capable of generating 40-100 percent in additional revenues." Prior to joining PIMS-SCA, Green held a number of senior positions in the insurance field including Vice President Worldwide Manager of Entertainment Special Risks for American International Group from 1998 to 2000. SOURCE: Karen Lazarovic, VP Corporate Communications, Lottery Dynamics LLC.
MIDDLETOWN, Pennsylvania, USA (April 26, 2005) -- Beginning in August, the Pennsylvania Lottery’s LUCKY FOR LIFE LOTTO game will move from its current drawing nights of Wednesday and Saturday to Monday and Thursday. The final LUCKY FOR LIFE drawing under the current schedule will be Wednesday, July 27, 2005. LUCKY FOR LIFE’s new drawing schedule will begin Monday, August 1, 2005.
Pennsylvania Lottery officials said the schedule change responds to requests made by Lottery players and retailers for a jackpot game on Monday and Thursday. "Retailers tell us that players come in, purchase their regular daily games - The Daily Number, BIG 4 and CASH 5 - and then ask for a ‘ticket for tonight’s jackpot game,’" said Lottery Executive Director Ed Mahlman. "Currently, the Lottery does not offer a jackpot game on Monday or Thursday." As part of this move, it will be necessary to step-down the game’s advance-play feature. LUCKY FOR LIFE tickets may be purchased up to 13 weeks (26 draws) in advance. Beginning with the May 4 drawing, there no longer will be 26 draws remaining in the Wednesday and Saturday slot. The last opportunity to purchase 13 weeks (26 draws) of LUCKY FOR LIFE for its current Wednesday and Saturday drawing schedule will be Wednesday, April 27, 2005. The number of advance draws available for purchase will continue to decrease by one until only one drawing in the current schedule remains. LUCKY FOR LIFE tickets will be on sale for the new drawing schedule beginning Thursday, July 28. At that time, players again will be able to purchase up to 13 weeks (26 draws) of advance-play tickets. "As with all of the Pennsylvania Lottery’s games, LUCKY FOR LIFE helps us to continue supporting a broad range of programs that benefit older residents, including expanded prescription drug benefits through PACE and PACENET," said Mahlman. LUCKY FOR LIFE is the online jackpot game with a ‘life’ prize, much like the Lottery’s popular ‘Win $1,000 A Week For Life’ instant ticket game. In addition to the lifetime prize, LUCKY FOR LIFE offers an instant-play feature. LUCKY FOR LIFE LOTTO debuted September 30, 2004. The Pennsylvania Lottery currently offers two jackpot games in addition to LUCKY FOR LIFE LOTTO: MATCH 6 lotto is drawn on Tuesday and Friday, and Powerball® is drawn on Wednesday and Saturday. How to play LUCKY FOR LIFE: Players receive one play for $2. Players select six numbers from 1 to 38, or they may elect the quick-pick, computer-selection method. With each $2 purchase, players have a chance to win the jackpot annuity prize of $3,000 a month for life, $1 million guaranteed, paid in annual installments of $36,000 per year less appropriate federal withholding, by matching all 6-of-6 winning numbers drawn. Prizes are set for matching 5-, 4- and 3-of-6 winning numbers. Odds of winning the LUCKY FOR LIFE jackpot prize are 1-in-2,760,681. Odds of winning any prize are 1-in-11.5.
Players also can win $10 instantly for each $2 LUCKY FOR LIFE purchase. The instant-play portion at the bottom of each ticket will either indicate "Instant Winner $10" or "No Instant Win, Try Again." The odds of winning $10 instantly are 1-in-20 statewide. A Random Number Generator determines instant-play prizes; the six winning LUCKY FOR LIFE numbers are drawn during the Lottery’s live Wednesday and Saturday nightly drawing show along with Daily Number, BIG 4 and CASH 5 drawings. Instant wins can be paid to the player at the time of purchase. The player will then be issued an exchange ticket with the online LUCKY FOR LIFE portion of the ticket intact. Winning instant tickets can be redeemed up to one year after the purchase. About the Pennsylvania Lottery: The Pennsylvania Lottery remains the only state Lottery that designates all its proceeds to programs that benefit older residents. Since its inception 33 years ago, the Lottery has contributed more than $14.6 billion to programs that include property tax and rent rebates; free and reduced-fare transit; the low-cost prescription drug programs PACE and PACENET; and the 52 Area Agencies on Aging, including 650 full- and part-time senior centers throughout Pennsylvania. For more information on the Pennsylvania Lottery, visit http://www.palottery.com. SOURCE: Pennsylvania Lottery (http://www.palottery.com). Illinois Lottery
Launches Record Setting $150 Million Summer Promotion CHICAGO, Illinois (April 22, 2005) --This summer the Illinois Lottery has eight hot new games with more than $150 million in available prizes for its new summer promotion "Road to Riches."
Featuring the largest amount of available prizes of any promotion in Lottery history, "Road to Riches" also provides 20 lucky winners with a chance to walk away with a brand new Chrysler automobile and additional cash prizes of up to $1 million through a second-chance drawing. All second-chance prizes will be awarded Sept. 24, 2005 in Chicago during an exciting grand finale event hosted by Robin Leach of the hit show "Lifestyles of the Rich & Famous." Similar to last summer's promotion, players must send in $30 in non-winning instant or online tickets from the "Road to Riches" ticket suite. Over a period of 20 weeks, one winner per week will be selected to receive a golden key. These 20 golden key winners will be invited to participate in the grand finale, where each person will use their key to unlock one of five different Chrysler car models including the 300C, the Pacifica, the Crossfire, the Town & Country and the Sebring. Nineteen of these cars will have cash prizes ranging from $25,000 to $100,000 in the trunk and one lucky car winner will find $1 million in the trunk of their new car. "Last summer's promotion was amazing, but I think this one tops them all," said Illinois Lottery Superintendent Carolyn Adams. "$150 million in total prizes and 20 new cars with cash in the trunk -- our players can really look forward to big money and even bigger fun with 'Road to Riches.'" The new "$50 Million Spectacular" game, which has the best odds and largest prizes of any Illinois Lottery instant ticket, is one of eight eligible prized-packed tickets players can use to enter the second-chance promotion. SOURCE: Illinois Lottery (http://www.illinoislottery.com).
World Lottery Forum 2005 - Online
Dear Members, I have the pleasure to announce that the official website for the 2005 World Lottery Forum in Cancun, Mexico (November 6 – 10, 2005) is now online at the web address www.wla2005.com. A joint effort between the Mexican Lottery, Lotería Nacional para la Asistencia Pública and the WLA, the 2005 World Lottery Forum will feature international keynotes, interactive parallel sessions and workshops, the Directors’ Summit as well as the WLA General Assembly. The event will be this year’s global meeting place of the regulated lottery business. Online registration will begin in the near future. At that time you will receive an email update providing information regarding registration fees and other details, but be sure to reserve these dates November 6 – 10, 2005 in your calendar. The WLA looks forward to seeing you and your colleagues in Cancun for the 2005 World Lottery Forum. Best Regards, IGT Obtains Minnesota Contract LAS VEGAS, Nevada, USA (April 26, 2005) -- The Mille Lacs Band of Ojibwe announced plans to deploy the IGT Advantage™ Casino System to replace legacy systems in both of its Minnesota properties, Grand Casino Mille Lacs and Grand Casino Hinckley. A combined total of nearly 4,000 gaming machines will feature the NexGen® Interactive Display. The NexGen® displays, combined with IGT's industry-leading marketing and patron management applications, create a powerful marketing toolkit enabling both Grand Casino properties to further differentiate their successful players' club program. The deal also included ticketing to over 3,100 gaming machines, slot accounting, Visual Slot Performance™ analysis tool, and several system interfaces including an interface to Mikohn's Table Link™ system. Grand Casino Mille Lacs and Grand Casino Hinckley, which are owned by the Mille Lacs Band of Ojibwe, are two of Minnesota's premier entertainment facilities, offering gaming, accommodations, dining, conference and banquet facilities, and live entertainment. SOURCE: IGT. Bruce Rowe Joins GTECH as Corporate Vice President of Business Strategy and GM of Nevada Operations WEST GREENWICH, Rhode Island, USA (April 27, 2005) -- GTECH Holdings Corporation (NYSE: GTK) today announced the appointment of Bruce Rowe as Corporate Vice President of Business Strategy, Gaming Solutions, and General Manager of Nevada Operations. In this role, he will help develop and oversee the long-term strategic direction of GTECH’s Gaming Solutions division, and will lead GTECH’s global market-requirements process, content development, brand licensing, and product positioning for the government-sponsored and commercial gaming industry. In addition, he will head up GTECH’s Nevada operations to strengthen the Company’s presence and develop business opportunities in the region. Prior to joining GTECH, Mr. Rowe was a senior executive with Harrah’s Entertainment, Inc., for 23 years. While at Harrah’s, he was the Corporate Vice President of Slot Operations, Research and Development as well as Corporate Vice President of Information Technology. At that time, Harrah’s Entertainment owned, or managed, more than 42,000 slots in the Harrah’s, Rio, Harveys, and Showboat brands at 25 locations.
"Bruce knows what makes a successful and profitable gaming and entertainment provider," said GTECH Senior Vice President of Gaming Solutions Marc Crisafulli. "During his tenure with Harrah’s, Bruce directly participated in the openings of 16 domestic and international casino openings. Bruce understands the market, the needs of the players, and the requirements of gaming operators. His years of experience in slots and Information Technology give him an unparalleled view of games, systems, and casino operations." After his tenure with Harrah’s, Mr. Rowe founded and was President of Renaissance Casino Solutions, Inc., a consulting company located in Las Vegas that provided services to casino operators, slot manufacturers, system providers, and the financial community. Mr. Rowe holds a bachelor’s degree in Technical Theater from American University in Washington, D.C., and is a member of the International Gaming Advisory Board. He is Vice President of Membership Development for the Gaming Standards Association, a frequent facilitator and panelist at industry events, and a regular contributor to industry publications. GTECH, a leading global information technology company with over $1 billion in revenues and 5,300 people in over 50 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 commercial gaming technology and financial services transaction processing. For more information about the Company, please visit GTECH’s website at http://www.gtech.com. SOURCE GTECH Holdings Corporation. Jim Nulph Joins Oberthur as US Vice President, Sales and Marketing SAN ANTONIO, USA (April 25, 2005) -- Oberthur Gaming Technologies (OGT) announced today that Jim Nulph has been appointed US Vice-President, Sales and Marketing. He will be reporting to OGT’s Executive VP Sales and Marketing Worldwide, Paul Howell and start his new role June 6th, 2005 Jim will be based in San Antonio, Texas and will lead OGT’s expansion of their instant ticket business in the US market. He is taking over this role from Kathy Matson who will retire after twenty years in the lottery industry. Kathy will remain as an Advisor to OGT and assist Jim with his transition into his new role. "We greatly appreciated Kathy’s dedication and enthusiasm and we all wish her well in her new endeavors" stated Paul Howell. "Jim brings a great deal of experience and established relationships within the Industry that will make him a valuable addition to our company."
Mr. Nulph has twenty two years experience in the lottery industry, including marketing roles at the Colorado, Missouri and Virginia lotteries. During his career Jim moved to the supplier side joining SGI. He left SGI in 2001 as Senior Director of Marketing. He more recently held a Vice President position with MARC USA, a full service advertising agency servicing the Pennsylvania Lottery. About Oberthur Gaming Technologies (www.oberthurgt.com) With more than 35 years of lottery-specific expertise and over a century's experience in the security printing industry, Oberthur Gaming Technologies is the world’s leader in the printing of innovative instant lottery tickets. Comprehensive services include strategic game planning and innovative conceptual design with OGT’s Dream Team™, mobile gaming, Cyber Games™ as well as state-of-the-art Global Operations and Lottery Distribution System (GOLDS). OGT currently supplies a full range of high quality and innovative products and services to 100 clients in some 50 countries. The company has production units and offices in Montreal, Canada; San Antonio, Texas; Atlanta, Georgia; Philadelphia, Pennsylvania in the U.S.; Paris, France; Vienna, Austria; and Sydney, Australia. SOURCE: Lyse Trudel, Communications Officer, Oberthur Gaming Technologies, Phone: (+1-514) 254-3600, ext. 101, Email: lyse.trudel@mtl.oberthurgt.com. GTECH Names Joseph Nadan Senior VP and Chief Technology Officer WEST GREENWICH, Rhode Island, USA (April 28, 2005) - GTECH Holdings Corporation (NYSE: GTK) today announced that Joseph S. Nadan, Ph.D. has joined the Company as Senior Vice President and Chief Technology Officer. Reporting to W. Bruce Turner, GTECH President and Chief Executive Officer, Dr. Nadan is responsible for managing and overseeing all aspects of technology for the Company. "The success of our business is based on the most efficient use of technology, and we are fortunate to be adding such an experienced technologist to our senior management team," said Mr. Turner. "Joe has an extensive background in electrical and computer engineering and is a proven leader. His business expertise and technological savvy will be important factors in achieving our strategy for growth as we expand into new markets and meet new challenges." Most recently, Dr. Nadan served as Chief Technology Officer of Emerging Technology Research at American International Group (AIG), the world’s leading international insurance and financial services organization, with operations in more than 130 countries and jurisdictions. Dr. Nadan also served as Chief Technology Officer at AIG Technologies (AIGT), a member company of AIG. In these roles, he was primarily responsible for the strategic planning of technology at AIGT data centers. Prior to AIG, Dr. Nadan held various senior management positions at Market Data Corporation (MDC) a Cantor Fitzgerald spin-off in Rye Brook, N.Y. While at MDC, he helped the company become a leading provider of broker-support and real-time electronic-trading systems to the worldwide financial services community.
Earlier in his career, Dr. Nadan served as Group Director, U.S. Consumer Electronics Research and Development, for Philips Electronics, where he managed U.S.-based N.V. Philips research and development of commercial prototypes of consumer electronic products. Dr. Nadan earned his undergraduate, graduate, and doctoral degrees in Electrical Engineering from the City College of New York, where he later served as a tenured Associate Professor of Electrical Engineering and the Assistant Dean of the School of Engineering. He also completed the Executive MBA program at Columbia University, majoring in strategic planning with an emphasis on consumer behavior in accepting new electronic technologies. GTECH, a leading global information technology company with over $1 billion in revenues and 5,300 people in over 50 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 commercial gaming technology and financial services transaction processing. For more information about the Company, please visit GTECH’s website at http://www.gtech.com. SOURCE: GTECH Holdings Corporation.
Lottery Success Scholarship Parents, Graduates To Be Featured In New Commencement Ad Campaign ALBUQUERQUE, New Mexico (April 28, 2005) -- When colleges and universities across New Mexico hold commencement ceremonies this spring, proud parents taking photographs of graduates will have the tables turned. The New Mexico Lottery will interview and photograph parents whose graduating seniors attended college with Lottery Success Scholarships. The effort is part of an upcoming advertising campaign sharing the importance of the Lottery Success Scholarship not only for the students who received it, but also for the families whose burden of a college education was eased. The Lottery Success Scholarship currently covers 100 percent of in-state tuition for eligible students at 25 public colleges and universities across New Mexico. "Many Lottery Success Scholarship recipients tell us they were the first in their families to go to college, or that the scholarship is what made a college education affordable at all," said Lottery CEO Tom Shaheen. "We heard the students’ perspectives when we shot a series of commercials during commencement five years ago. Now it’s a chance to focus on the parents’ perspectives."
This year, the Lottery’s film crew will be at three campuses:
Officials from each university have approved filming the scholarship commercials coinciding with commencement ceremonies. Additional details will be available once exact locations for the film crews have been finalized. Each student and parent agreeing to be interviewed will be asked to sign a release form, volunteering to appear in the television and radio commercials plus print advertising. Graduating seniors or their parents may obtain additional information at the New Mexico Lottery website, www.nmlottery.com/graduates.htm. The New Mexico Lottery begins its tenth year of operations this week. It has already raised almost $241 million for public education, including more than $174 million for the Lottery Success Scholarship program. Well over 35,000 students so far have received their in-state college tuition paid by the Lottery Success Scholarship. SOURCE: New Mexico Lottery.
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