Statement as issued Wednesday:
INDIANAPOLIS - The State Lottery Commission of Indiana today approved a recommendation to commence contract negotiations with GTECH Corporation for outsourced services in the areas of marketing, sales and distribution.
With this agreement, the Hoosier Lottery is projected to generate an additional $2.1 billion for the citizens of Indiana during the 15-year term of the agreement. The new levels of success will be achieved by merely increasing the Lottery's current contracted services from 88 percent to 95 percent.
"The commission was compelled by the potential value of this opportunity and the huge benefit to Hoosier taxpayers," said Hoosier Lottery Executive Director Karl Browning. "Every extra dollar that is generated is one more dollar for the State's General Fund."
A selection team unanimously recommended GTECH after a thorough evaluation of the business plan submitted in response to the Lottery's recent Request for Information. GTECH's response offered the highest bid, which was supported by a credible and detailed business plan.
"GTECH demonstrated a commitment to bring a significant level of experience, innovation and accountability to the Hoosier Lottery," said Browning. "We look forward to creating a constructive and productive relationship."
GTECH is based in Providence, R.I., and is a leading global gaming technology and services company.
Pending completion of contract negotiations, GTECH will begin providing additional services to the Hoosier Lottery by Feb. 1, 2013.