GTECH HOLDINGS CORP

GTECH HOLDINGS CORP

Previous company name

Name change date

Company Overview
GTECH Holdings Corp is a formerly publicly quoted company that provides gaming and technology solutions worldwide. The company has its registered office located in West Greenwich, United States. The company is an operator of online lottery transaction processing systems, doing business in 51 countries worldwide, and has a presence in commercial gaming technology and financial services transaction processing. Its core market is the lottery industry, for which it designs, sells and operates a suite of lottery-enabled, point-of-sale terminals that are electronically linked with a centralized transaction processing system, which mediates lottery funds between the retailer, where a transaction is enabled, and the lottery authority. The company operates, provides equipment and services to, or has entered into contracts to operate or provide equipment and services to 26 online lottery authorities in the United States and 60 international online lottery authorities.
Other indicative products and services introduced for its customers include Hottrax, Aladdin, the Doubletake game, e-scratch, and the family of self-service terminals, including Gamepoint, instant ticket vending machines (also known as lottery product vending machines or instant ticket dispensing machine; ITVMS) designed, manufactured, and marketed by Interlott Technologies Inc (Interlott). Hottrax is a lottery game which utilizes a video monitor to create an illusion of an auto race that is taking place in three dimensions. Aladdin is a credit card sized lottery ticket that, through the use of magnetic strip and thermal printing technology, can be reused up to 500 times, and which can be employed in various non-lottery commercial contexts. The Doubletake game is an online lottery game that permits players to purchase an additional game with instant-ticket features, thus enhancing wagering interest. The company’s e-scratch product is a web-based interactive suite of scratch and reveals games that combine the security and convenience of online play with the entertainment, branded content and immediate gratification of instant tickets. Gamepoint is the company’s lottery vending machine that permits the sale both of online and instant tickets. GTECH also introduced various instant-ticket support services, products and systems to assist its lottery customers.
GTECH is a leading gaming technology and services company, providing innovative technology, creative content, and superior service delivery. The company’s mission is to maximize these capabilities and deliver superior performance and added value to its customers in the lottery industry, gaming venues and commercial services sectors. It is also present in Australia, Belgium, Brazil, Morocco, and Poland.
During fiscal 2006, GTECH introduced its dynamic floor management system, which allows casino operators to customize the game, denomination and mode of play for a single machine or group of machines through commands and content sent via server. It also has the Winwave, the company’s next generation video lottery terminal.
Business Summary
GTECH Holdings Corporation (Holdings) is a provider of gaming and technology solutions worldwide. The Company is an operator of online lottery transaction processing systems, doing business in 51 countries worldwide, and has a presence in commercial gaming technology and financial services transaction processing. The Company’s core market is the lottery industry, for which it designs, sells and operates a suite of lottery-enabled, point-of-sale terminals that are electronically linked with a centralized transaction processing system, which mediates lottery funds between the retailer, where a transaction is enabled, and the lottery authority. The Company operates, provides equipment and services to, or has entered into contracts to operate or provide equipment and services to 26 online lottery authorities in the United States and 60 international online lottery authorities. On August 29, 2006, the Company was acquired by Lottomatica S.p.A.
Description and history
GTECH Holdings Corporation (Holdings) is a provider of gaming and technology solutions worldwide. The Company is an operator of online lottery transaction processing systems, doing business in 51 countries worldwide, and has a presence in commercial gaming technology and financial services transaction processing. The Company’s core market is the lottery industry, for which it designs, sells and operates a suite of lottery-enabled, point-of-sale terminals that are electronically linked with a centralized transaction processing system, which mediates lottery funds between the retailer, where a transaction is enabled, and the lottery authority. The Company operates, provides equipment and services to, or has entered into contracts to operate or provide equipment and services to 26 online lottery authorities in the United States and 60 international online lottery authorities. On August 29, 2006, the Company was acquired by Lottomatica S.p.A.

Holdings provide integrated online lottery transaction processing solutions, services and products to governmental lottery authorities and governmental licensees worldwide. The Company offers its customers a range of lottery technology services, including the design, assembly, installation, operation, maintenance and marketing of online lottery systems, and instant-ticket support systems. Its lottery systems consist of numerous lottery terminals located in retail outlets, central computer systems, systems software and game software, and communications equipment, which connect the terminals and the central computer systems.

During the year ended February 25, 2006 (fiscal 2006), Holdings introduced Pick n Play, a new online game category that combines the appeal of instant ticket games with the security and integrity of online games. A Pick n Play player purchases a theme-based play card, which the retail clerk scans with a barcode reader. Upon scanning, the lottery central system automatically produces an online game ticket, which is used to play the game on the play card.

Other indicative products and services introduced for its customers include HotTrax, Aladdin, the Doubletake game, e-scratch and the family of self-service terminals, including GamePoint, Instant Ticket Vending Machines (also known as Lottery Product Vending Machines or Instant Ticket Dispensing Machines; ITVMs) designed, manufactured and marketed by Interlott Technologies, Inc. (Interlott), and, Altura family of terminals, including the Altura Self-Service Terminal or its Altura SST. HotTrax is a lottery game, which utilizes a video monitor to create an illusion of an auto race that is taking place in three dimensions. Aladdin is a credit card sized lottery ticket that, through the use of magnetic strip and thermal printing technology, can be reused up to 500 times, and, which also can be employed in various non-lottery commercial contexts. The Doubletake game is an online lottery game that permits players to purchase an additional game with instant-ticket features, thus enhancing wagering interest.

The Company’s e-scratch product is a Web-based interactive suite of scratch and reveals games that combine the security and convenience of online play with the entertainment, branded content and immediate gratification of instant-tickets. Interlott’s EDS-Q family of ITVMs offers flexibility and expandability (from a four to 24 game capacity), as well as the transaction processing connectivity to in-store lottery terminals and lottery authority central systems. Holdings’ Altura self-service terminal (SST) combines the functionality of ITVMs with the capability of selling online lottery products through a touch screen interface. GamePoint is the Company’s lottery vending machine that permits the sale both of online and instant tickets. The Company has also introduced various instant-ticket support services, products and systems to assist its lottery customers.

During fiscal 2006, the Company introduced its Dynamic Floor Management system, which allows casino operators to customize the game, denomination and mode of play for a single machine or group of machines through commands and content sent via server. It also introduced the WinWave, the Company’s next generation video lottery terminal.

Business Line
Provides gaming and technology solutions worldwide
Subsidiary
G-TECH
Advisor
ERNST & YOUNG LLP
IPO date
7/22/1992
US SIC Code
7379
Company Address
55, Technology Way

City province or state postal code
02817, WEST GREENWICH, RI
Phone: +1 401 392 1000
Fax: +1 401 392 1234
Country address: UNITED STATES OF AMERICA
Website url: www.gtech.com