Tag Archives: Florida Lottery
- Florida House Speaker preparing suit vs. IGT over lotto contract
February 15, 2017
Gaming technology provider International Game Technology is set to square off with Florida’s Speaker of the House before over a lottery contract that will require the legislature to pay more money. WFTV.com reported that the Florida House Speaker is drafting a perfectly worded lawsuit against IGT, which inked a deal...
- Idaho State Lottery spies on vendors for Keno, other illegal games
September 13, 2016
To know your enemy, you must become your enemy. The Idaho State Lottery is employing an unconventional strategy to understand illegal gambling games by simply asking potential vendors on how they will offer these prohibited products when they bid on a lucrative decade-long contract. The Associated Press reported that Idaho...
- Florida Lottery posts $532M record profit in July
August 8, 2016
Florida Lottery continues its winning streak in the opening of the second half of the fiscal year as it posts an all-time record sale of $532 million in July. In a press statement, the Florida Lottery announced that its profits grew by 17 percent in July compared to the same...
- Florida flirts with online lottery sales; Serbian Lottery conspiracy theories
July 31, 2015
The Florida Lottery has asked prospective technology vendors to demonstrate that they are capable of conducting business over the internet. On Thursday, the Associated Press reported obtaining bid documents for the estimated $300m Lottery contract. Current vendor Gtech’s 10-year, $333m contract was supposed to expire this September but was recently...
- Florida Lottery makes plans for online gambling
August 11, 2011
Even though Florida Lottery sales have increased slightly this fiscal year in the Lee and Collier counties, Florida lottery officials are eyeing ways to make even more revenue by appealing to wider range of potential customers. The idea is to give technological upgrade to the existing lottery system but even...
- Florida Lottery extends GTECH Contract
October 13, 2010
GTECH is set make some serious bank with the extension of its contract with the Florida Lottery. The Florida Lottery and the Lottomatica subsidiary have come to terms with a four year contract extension which will see GTECH bank between $135m to $145m in revenues. Under the terms of the...
IGT shares may have topped last year
May 30, 2017
IGT doing well, but that might not be good enough
March 7, 2017
Bally’s Merger with Scientific Games is GTECH-IGT’s Evil Twin
September 23, 2014