Lottomatica unit GTECH extends Camelot contract

MILAN Mon Dec 17, 2012 2:39am EST

MILAN Dec 17 (Reuters) - Italian lottery operator Lottomatica said on Monday its GTECH unit signed a four-year contract extension with Camelot UK Lotteries, and expects to receive more than 200 million euros in revenue over the period.

The contract will be extended for four more years from the first quarter of 2019, and will run through February 2023, Lottomatica said in a statement.

GTECH will supply the Camelot lottery with 8,000 Altura lottery terminals, bringing the total number of online terminals to more than 36,700 country-wide. (Reporting by Jennifer Clark, editing by Silvia Aloisi)


After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.