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Gtech SpA's Subsidiary Joint Venture Northstar New Jersey Lottery Group Selected for Services Agreement


Friday, 21 Jun 2013 05:51am EDT 

Gtech SpA announced that Northstar New Jersey Lottery Group, LLC ( Northstar NJ ) has signed a 15-year Services Agreement with the New Jersey Lottery. The term of the Services Agreement will run through June 30, 2029 with full services expected to begin on October 1, 2013. Northstar NJ is a joint venture comprised of GTECH Corporation, a wholly-owned subsidiary of GTECH SpA; Scientific Games New Jersey, a wholly-owned subsidiary of Scientific Games International, Inc.; and OSI LTT NJ Grantor Trust, an affiliated entity of OMERS Administration Corporation. GTECH and OSI each own approximately 41% of Northstar NJ with Scientific Games owning approximately 18%. 

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18.38
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