| | Business Summary | | GTECH
Holdings
Corporation
is
the
holding
company
for
GTECH
Corporation,
an
operator
of
computerized
online
lottery
systems.
The
Company
currently
operates,
or
supplies
equipment
to,
online
lottery
systems
for
28
of
the
38
online
lottery
authorities
in
the
United
States
and
has
supplied,
currently
operates
or
has
entered
into
contracts
to
operate
in
the
future
online
lottery
systems
for
54
of
the
94
international
online
lottery
authorities.
The
Company's
core
business
consists
of
providing
online
lottery
services
and
products
to
governmental
lottery
authorities
and
governmental
licensees
worldwide.
The
Company
offers
its
customers
a
full
range
of
lottery
services,
including
the
design,
assembly,
and
marketing
of
online
lottery
systems
and
instant
ticket
support
systems
and
services. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | GTK
is
a
world
wide
supplier
of
computerized
on-line
lottery
products
and
services.
As
of
2/99,
the
Company
has
contracts
to
supply
and/or
operate
lottery
systems
for
29
U.S.
customers
and
52
customers
outside
the
U.S.
For
the
13
weeks
ended
5/26/01,
total
revenues
fell
3%
to
$235
million.
Net
income
fell
6%
to
$19.1
million.
Revenues
reflect
a
decrease
in
the
sales
of
lottery
terminals.
Earnings
also
suffered
from
an
increase
in
costs
of
services
and
sales. | | More
from
Market Guide: Significant
Developments |
| | |
| Position | | W. Bruce Turner, 40 | Chairman | | Howard Cohen | CEO,
Director | | Jaymin Patel, 32 | Sr.
VP, CFO | | Marc Crisafulli | Sr.
VP, Gen. Counsel | | Carlos Rocha | Sr.
VP of Marketing |
| More
from
Market Guide on Officers & Directors:
Expanded
List, Bios,
Compensation,
Options
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/g/gtk.gif)