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GTECH Selected by the Virginia Lottery to Provide New Lottery Central
System, Terminals, Communications Network, and Ongoing
Services
WEST GREENWICH, Rhode Island, USA (May 22,
2006) -- GTECH Holdings Corporation (NYSE: GTK) today announced that its
wholly-owned subsidiary, GTECH Corporation,
has been selected as the apparent successful vendor by the
Virginia Lottery to provide a new lottery
central system, new terminals, and a new IP wireless communications network,
under a proposed seven-year integrated services contract. Todays
announcement follows a competitive procurement and includes three one-year
extension options.
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The Virginia Lottery has
successfully managed its systems and products that have produced outstanding
results for nearly 18 years, and we understand that maintaining the
Lotterys high level of operational quality is the cornerstone of the
trust and respect upon which their success is predicated, said GTECH
President and CEO W. Bruce Turner. We are pleased that the Lottery has
placed its confidence in GTECH to assist them in modernizing their systems and
business management capabilities, and we look forward to this collaborative
partnership in the years to come.
Under the terms of the proposed contract,
GTECH will convert the Lotterys existing online central system to the
GTECH Enterprise Series solution. In addition, GTECH will replace the
Lotterys existing terminal base and install up to 5,250 Altura®
terminals. The Company will also install a new IP wireless communications
network.
GTECH will also provide the Virginia
Lottery with 225 GamePoint machines, the Companys all-in-one
instant and online lottery self-service solution. Additionally, 250 Express
Point Plus machines will be installed, which facilitate convenient
player-activated identification of winning tickets.
GTECH will provide ongoing services to the
Virginia Lottery including installation, operation, and maintenance of the
online central system, terminals, and communications network; on-site marketing
support; in-state hotline management; and field service.
This partnership is exciting for
the Virginia Lottery, our retailers, and players, said Virginia
Lottery Interim Executive Director Donna M.VanCleave. The Virginia
Lottery has successfully operated it own gaming systems since 1988 when we
began selling tickets. This new strategic business model will leverage
technology to spur profitability for our retail partners, better serve our
players, and ultimately, generate more revenue for Virginias public
schools.
GTECH is the online lottery terminal
provider for the Virginia Lottery and currently provides field service for the
Lotterys Clerk-Activated Terminals (CATs), self-service terminals,
Instant-Ticket Validation devices (ITVs), printers, and Instant Ticket Vending
Machines (ITVMs). As a subcontractor to the Lotterys instant ticket
vendor, GTECH is also responsible for the warehousing and distribution of
instant tickets in addition to supplying ITVMs.
About Virginia
Lottery Since its inception in 1988, the Virginia Lottery has
generated revenues of more than $15 billion. The Lottery has set sales records
for the past seven years with overall sales surpassing $1.33 billion in fiscal
year 2005. All profits from the Virginia Lottery go to K-12 public school
education in the Commonwealth. In fiscal year 2005, the Lottery turned over
more than $423 million for Virginias public schools, representing about
10 percent of state funding for public education in Virginia.
About GTECH GTECH is a
leading gaming technology and services company. With more than $1.3 billion in
annual revenues and 5,300 people in over 50 countries, GTECH provides
integrated technology, creative content, and business services to effectively
manage and grow todays evolving gaming markets. In targeted emerging
economies, GTECH also leverages its operational presence and infrastructure to
supply commercial transaction processing services. For more information
about the Company, please visit GTECHs website at
http://www.gtech.com.
SOURCE: GTECH Holdings
Corporation. CONTACT: Robert K. Vincent, Public Affairs, Phone:
401-392-7452.
INTRALOT Announces First Quarter 2006 Results
ATHENS, Greece (May 25, 2006) --
INTRALOT SA today announces its financial
results for the three-month period, ending March 31st, 2006, prepared in
accordance with IFRS. INTRALOT achieved to sustain a high growth rate both in
its revenues and profits, as follows:
Consolidated Revenues for the period
reached 179.8m, posting a 75.1% increase compared to 1Q05. EBITDA
(Earnings Before Interest, Tax, Depreciation and Amortization) increased by
99.0% to 71.8m, compared to the same period last year. Earnings Before
Taxes (EBT) recorded an increase of 71.6% y-o-y by reaching 65.6m
compared to 38.3m in 1Q05. Earnings After Taxes and after minorities
(EAT-am) increased by 31.3% y-o-y to 24.0m from 18.3m in 1Q05.
Total International Revenues for the Intralot Group amounted to 137.0m,
or 76.2% of total Group sales, compared with 73.9m, or 72% of total Group
sales in 1Q05. International operations contributed a total of 47.6m or
72.5% to group EBT.
Revenues for the parent company increased
to 41.3m in 1Q06, 59.6% higher y-o-y (1Q05: 25.9m). Earnings Before
Taxes (EBT) reached 16.0m in 1Q06, posting a 27.5% y-o-y increase, while
Earnings After Taxes (EAT) reached 9.8m in 1Q06, posting a 43.3% y-o-y
increase.
Commenting on 1Q06 results INTRALOTs
CEO, Mr, Constantinos Antonopoulos, noted: It is our strong belief that
2006 will be a very important year for INTRALOT in terms of continuing growth
and expansion - which is already evident in our 1Q06 results which prove that
the course of our company within the international market makes INTRALOT a
leader.
Our companys establishment on a
global basis and the fact that we are a one-stop-shop for the needs of State
Lotteries around the world are expected to continue driving our growth in the
future in order to deliver value to all our clients, shareholders,
collaborators and employees who trust us. Our commitment is to use this trust
as the fuel in our effort for accomplishing new and more demanding business and
social ventures.
One of the years highlights is that
international operations have started to absorb the initial start-up costs and
are delivering improved results (72,5% to group EBT for 1Q06), which is
apparent in the rising profitability margins of 1Q06 and the companys
full-year guidance for 2006. This fact is very important given that
Pame Stihima in Greece has exhibited a very strong rebound as sales
increased by 60,8%, after the successful changes implemented in cooperation
with OPAP. Similar sports betting games have experienced strong growth in a
number of countries where INTRALOT operates and are expected to gain even more
ground due to the World Cup championship in Germany.
Moreover, INTRALOT is expanding its
presence in the significant Australasian region, which is considered to be key
to the companys future growth. Due to the increased importance and the
prospects of this region, INTRALOT has recently established 2 HUBs of
operations in Australia and Hong Kong, and has recruited highly experienced
executives from the industry to run our business in the region.
About INTRALOT (www.intralot.com) INTRALOT, a public
company listed on the ASE, is a leading supplier of integrated gaming and
transaction processing systems, innovative game content and value added
services to state-licensed gaming organizations worldwide. Its broad
portfolio of products & services, its know-how of Lottery, Betting &
Video Lottery operations, its experience in sports games and its leading-edge
technology, give INTRALOT a competitive advantage, which contributes directly
to customers efficiency, profitability and growth. With 37 subsidiaries,
8 business offices, 3,000 people and revenues of 523 million for 2005
and 700(Ε) for 2006, INTRALOTs footprint straddles five
continents.
SOURCE: INTRALOT. For more information
please CONTACT: Ms. Evi Ioannidou, Communications Director, Phone:
+30-210-6156000 Fax: +30-210 6106800, email:
ioannidou@intralot.com.
Biggest New Zealand Lottery Prize Ever $18 Million Powerball
Jackpot Won By Ticket Bought In Kaeo, Northland, Is Biggest New Zealand Lottery
Prize Ever
NEW ZEALAND (May 21, 2006) -- A lucky
Lotto player who purchased their ticket at Kaeo in Northland has won $18
million in Lotto Powerball First Division in tonight's draw, says
NZ Lotteries Deputy Chief Executive Warren
Salisbury.
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The owner of the ticket will collect a
total prize of $17,992,975 with $17,702,362 from winning Powerball First
Division and $290,613 from also winning Lotto First Division.
"With a total prize payout of
$17,992,975. this is the largest Powerball jackpot ever won, by a single
ticket, in New Zealand. The win will be a life-changing experience for whoever
has the winning ticket," Mr. Salisbury said.
Mr. Salisbury's advice for the Powerball
winner is to write their name and address on the ticket, confirming their
ownership.
"They should then contact NZ Lotteries
who can provide advice about the next steps to take," he said.
Previous to tonight's win the biggest
Powerball win was $15.2 million, which was won by a ticket sold at Amigos Paper
Power and Lotto in Auckland in September 2005.
SOURCE: Press Release New Zealand
Lotteries Commission.
MDI Entertainment Extends Pink Panther
License Everyones Favorite Cool Cat Remains Available to Lotteries
World-Wide
ALPHARETTA, Georgia, USA (May 19, 2006) --
One of the most famous animated characters in the world remains available to
lotteries now that MDI Entertainment, a
wholly-owned subsidiary of Scientific
Games (NASDAQ: SGMS), has extended its agreement with MGM Consumer Products
to exclusively offer lotteries the rights to everyone's favorite cool cat, Pink
Panther.
"Pink Panther has been followed for
generations both domestically and internationally," said Steve Saferin,
MDI president. "Lotteries
all over the world have had huge success with Pink Panther games. His fun and
sly demeaner makes him one of the most endearing characters ever and because he
is so easily recognized, a Pink Panther ticket really stands out among an
instant game line up. This extension means a lot to lotteries and their
players.
Pink Panther has his roots in the cinema
where he first appeared in 1964 in the title sequences for Blake Edwards
action comedy The Pink Panther. The movie starred Peter
Sellers as Inspector Clousseau, the buffoon of a French detective trying to
catch the thief who stole the Pink Panther diamond.
The audience loved the animation sequence
and from there, Pink Panther became a star. Hundreds of cartoons and two
Academy Awards later, Pink Panther reflects strong customer appeal among many
generations and results in strong sales for lotteries from both core and new
players.
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To date, more than 15 lotteries on four
continents have launched a Pink Panther instant game or are planning to launch
the game this year. Those that have run the game include the
Belgium National Lottery,
SWISSLOS, the
British Columbia Lottery Corporation and
multiple U.S. states. Overall, Pink Panther lottery sales have exceeded $83
million world wide.
In 2004, to celebrate Pink Panthers
40th birthday, lotteries in Australia, Poland and Ireland all introduced a Pink
Panther game at almost the same time. Domestically, New Jersey is currently
running the game and the Texas Lottery is next to launch, scheduled for
June.
About Scientific
Games
Scientific Games Corporation (www.scientificgames.com) 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. MDI Entertainment, a wholly-owned subsidiary of
Scientific Games Corporation, is the worldwide leader in licensed lottery games
and promotions.
SOURCE: MDI Entertainment. CONTACT:
Jeff Schweig, 678-297-5212.
Lucky From the Start; Minnesota Creates New Town to Promote
Lottery
MINNESOTA (May 18, 2006) -- The
Minnesota State Lottery wanted to create
a place where people could feel at home playing the lottery, so it, with help
from Colle+McVoy, created an entire town where residents can live in a land
where it rains money and the flowers are made out of dollar bills.
OK, so they didn't create an actual town
but they did create a website for the town of Lucky MN where those who want to
play the state lottery can do so with ease.
How It All Began.
It all began over a friendly game of
horseshoes between Rip $cratchmore and Lady Luck during a thunderstorm.
No sooner had Rip made his first toss than
a bolt of lightning shot down from the sky.
And then something rather surprising
happened... instead of striking the shoe, the bolt met with a four-leaf clover.
And, poof Lucky, Minnesota was born!
It was in that instant that Lady Luck and
Rip $cratchmore knew this chance encounter meant only one thing even
more luck in the future. So they promptly wed, declared themselves Mayor and
Mayoress, and proceeded to invite all of their friends to come live with them.
You can invite all your friends too!
Now, it seems everyone wants to become a
resident of Lucky, MN. Honestly, who wouldnt?
Lucky, MN is a place where lottery players
can feel right at home but you wont find Lucky, MN on any map because it
is located in our imaginations.
Unicorns may or may not be seen in
Minnesota, but the winners, promotions, lottery games, and information about
lottery proceeds and retailers that youll find in Lucky, MN are all
real.
Visit Lucky Minnesota (http://www.luckymn.com/)
SOURCE: Minnesota State Lottery.
Veikkaus' Headquarters Celebrates 30 Years in the City of
Vantaa
VEIKKAUS, Finland (May 19, 2006) -- This
year, thirty years have passed since Veikkaus' headquarters moved from the city
centre of Helsinki to Vantaa.
When Veikkaus' business operations started
to increase following the launch of Lotto in 1971, the company's old premises
in Helsinki soon grew too small. The State granted Veikkaus permission to build
a new office in November 1971.
The decision to move to Vantaa was based
on the good site, but also on the government's decentralization policy. It had
been suggested that Veikkaus should move to the City of Kuopio in eastern
Finland, and Vantaa in the capital region was considered a compromise.
The topping out ceremony of the
headquarters was held in 1975, but the company was only able to move to the
premises a year later on 24 May 1976. The office was designed by architect Olli
Parviainen.
As the headquarters moved to Vantaa, a
number of Veikkaus employees decided to do so too. This involved a large-scale
housing policy decision, since Veikkaus contributed to the building of 100 new
one-family and row houses in the district of Varisto near the headquarters.
Moreover, Veikkaus guaranteed the mortgages of over 20 of its employees.
SOURCE:
Veikkaus' eNews distributed by Veikkaus Communications.
G2S Protocol to Take Center Stage at GSA and HTNG Partner for Gaming
Technology Summit
LAS VEGAS, Nevada, USA (May 22, 2006)
Two panels at this weeks Gaming Technology Summit will put the
Gaming Standards Associations (GSA) landmark Game-to-System (G2S)
protocol center stage of the summit. The panels, featuring GSA and Hotel
Technology Next Generation (HTNG) will highlight the significance and benefits
of the G2S protocol.
At last years Gaming Technology
Summit, GSA and HTNG established a working relationship. This year, in addition
to the two panels, the groups will be sharing an informational booth in the
Networking and Reception area of the summit.
GSA Chairman Lyle Bell said, Over
the past year, we have enjoyed a very successful relationship with HTNG. We
share many common goals, and we have been working together to bring about a
positive end result. As GSA moves forward on its Game-to-System (G2S) protocol,
we expect the relationship between our two groups to deepen even further,
creating standard solutions for the gaming and hospitality
industries.
The first panel, Gaming
Standards Update The Power of One Solution takes place
May 24 at 4:00 p.m. In this session, GSA President Peter DeRaedt will moderate
discussion of the G2S protocols rapid development, current status and
solution capabilities.
The second panel, The CIO
Coalition and HTNG: All Systems Go, takes place on May 25 at
10:30 a.m.
About the Gaming Standards
Association (GSA): The Gaming Standards Association (GSA) is an
international trade association representing gaming manufacturers, suppliers,
operators and regulators. We facilitate the identification, definition,
development, promotion, and implementation of open standards to enable
innovation, education, and communication for the benefit of the entire
industry. Since its incorporation on May 6, 1998, GSA has members representing
a wide cross section of the global gaming industry.
For more information, visit
www.gamingstandards.com
SOURCE: Gaming Standards Association
edited media release. CONTACT: Paul Speirs, Steinbeck Communications. P:
702-413-4278, F: 702-233-3492, E: paulspeirs@cox.net
The ordinary General Meeting of SAZKA, a.s. Approved the
Companys Record Economic and Financial Results for
2005
PRAGUE, Czech Republic (May 24, 2006) --
The ordinary General Meeting of SAZKA,
a.s., held today at the companys registered office, discussed and
approved the companys record profit, financial and operating results for
2005.
In 2005 SAZKA, a.s.s total revenues
were CZK 9.340 billion, of which proceeds from betting and lottery activities
amounted to CZK 7.253 billion. Total revenues from betting and lottery
activities grew by more than 10 % on a year-on-year basis. In 2005 the profit
after tax grew to CZK 1.555 billion, which represented a year-on-year increase
of 17.6 %. Disbursements of profit for public beneficial purposes reached
almost CZK 1.290 billion in 2005, which was a year-on-year increase of 16.4 %.
The economic result before tax, economic
result after tax and disbursements towards public beneficial purposes are the
highest they have been in SAZKA, a.s.s almost fifty years
history.
These results were generated by SAZKA,
a.s. even despite the negative impacts of the amendment to the Value Added Tax
Act, which came into effect on 1 January 2005 and which resulted in the
companys economic result after tax decreasing by CZK 219 million. Had
this amendment to the Value Added Tax Act not come into effect the
companys economic result for 2005 would have reached CZK 1.774 billion,
representing a year-on-year increase of 34.2 %.
SAZKA, a.s.s economic result for
2005 was mainly the result of higher proceeds from number lotteries, the higher
profitability of odds bets and proceeds from non-lottery activities, which
include recharging mobile phone credit, ticket sales, leasing of buildings and
financial operations. In 2005 the share of non-lottery activities on the
companys profit was 9.6 %.
In 2005 SAZKA, a.s. prepared the
successfully conversion of the central system for lottery and non-lottery
activities, continued in the process of the gradual exchange of terminals and
in the expansion of the central lottery system with the addition of StarPort
VLTs. In accordance with the agreed payment calendar SAZKA, a.s. paid out
further instalments in 2005 towards the bond issue of May 2004, the purpose of
which was to finance the construction of the multi-purpose SAZKA ARENA. As of 1
January 2005 SAZKA, a.s. commenced using IFRS International Accounting
Standards to prepare its financial statements.
SAZKA, a.s. continued in its growth
trajectory in the first quarter of 2006, when the company generated an economic
result after tax of CZK 583.2 million, which represents a year-on-year growth
of more than CZK 152 million, i.e. an increase of 34.5 %.
The shareholders of SAZKA, a.s., which is
the biggest non-governmental provider of funding for public beneficial
purposes in the Czech Republic, are exclusively civic association operating in
the area of sports and physical education. In the period from 1995 to 2005
SAZKA, a.s.s economic result after tax grew by 139.2 %, with profit from
betting and lottery activities growing by 118.8 %. The overall economic result
generated by SAZKA, a.s. from 1995 to 2005 was almost CZK 11.8 billion, with
SAZKA, a.s. contributing over CZK 10 billion towards public beneficial
purposes, mainly for sport and physical education, during this same period.
SOURCE: SAZKA, a.s. CONTACT: PhDr.
Zdeněk Zikmund, press spokesperson.
Celebrate Powerball's 10th Birthday with Australia's Biggest Morning
Tea Cake!
ADELAIDE, South Australia (May 25, 2006)
-- Rundle Mall shoppers can enjoy a slice of Powerball's 10th Birthday today,with a giant
birthday cake to be served under the Gawler Place Canopy in Rundle Mall.
At 11am, Minister for Administrative
Services & Government Enterprises, the Hon Michael Wright MP will
officially launch the celebrations, which will be followed by the service of
more than 4,000 slices of cake by a team of Powerball butlers.
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To support Australia's Biggest Morning
Tea, Powerball's 190kg cake will not only celebrate a milestone for Australia's
biggest jackpotting game, but will also raise some much-needed funds for The
Cancer Council South Australia.
Cake-eaters are encouraged to make a
donation for their slice of today's Powerball fun in an effort to beat the $7.2
million national fundraising effort of last year's Australia's Biggest Morning
Tea.
Since South Australia's very first
Powerball draw on Thursday, 23 May 1996, twenty local players have experienced
the thrill of winning a Division One Powerball prize, sharing in more than $141
million. In total, $275 million in Powerball prize money has been
sprinkled across South Australia in the last ten years.
Powerball profits have also greatly
benefited the broad South Australian community, with $103 million being
contributed to the State's Hospitals Fund in the past decade.
The icing on the cake in today's Powerball
celebrations is the special offer of ten free games with every 25-game
Maxi-Pick purchase into tonight's $6 million Powerball draw.
SOURCE: South
Australian Lotteries. CONTACT: Bernadette Tieste, Manager
Corporate Communications on 0401 125 223.
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