June 8, 2015
The Atlantic Lottery Corporation (ALC) has announced that it will write down its $8.7 million capital investment in UK lottery games operator Geonomics. ALC confirmed that following a review of its investment in Geonomics, the operating firm of UK based location lottery game GeoLotto, the company had clearly failed to deliver on its projected growth. ALC governance had determined that …
Read More »March 3, 2015
Scientific Games Corporation today announced it has signed a contract with the Atlantic Lottery Corporation (ALC) to provide a lottery gaming system and internet-based iLottery gaming system. ALC is responsible for developing and implementing its AEGIS NGS lottery gaming system and Sciplay® iLottery system for ALC, as well as providing ongoing operational monitoring and maintenance support beginning in mid-2017. Implementation is …
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