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G-Tech to service state lottery for 10 years at $100 m

Treasury Minister Aldona Kamela-Sowinska has approved a 10-year deal worth around $100 million between state lottery Totalizator Sportowy (TS) and Polish subsidiary of American G-Tech, Grytek, under which Grytek will provide on-line betting services for TS. The current contract negotiated by the Treasury Minister is more attractive for TS than the earlier agreement because the cost has been reduced by zl.32 million. At the same time the contract remains a modified version of the one negotiated by TS's previous management board led by its former president Wladyslaw Jamrozly, which was subsequently rejected by Kamela-Sowinska for irregularities. (Prawo I Gospodarka, pp.1,2) A.Z.

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