GTECH Holdings Corporation is a leading provider of gaming technology and services, based in West Greenwich, Rhode Island. They offer a wide range of lottery technology, services, and content solutions, making them one of the world's leading gaming solutions providers. With operations in over 50 countries and approximately 6,300 employees, GTECH has a significant global market presence and a diverse portfolio of offerings.
In January 2006, Lottomatica S.p.A., the exclusive license holder and operator of Italy's Lotto, announced its agreement to acquire GTECH for $35.00 per outstanding GTECH share. This acquisition created a combined company with a strong presence in the gaming industry, offering a broad range of lottery technology and services. With estimated revenues of $1.6 billion in 2005 and operations worldwide, the merger positioned GTECH as a leading player in the global gaming solutions market.
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