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NOVOMATIC Signs Seven Year Contract with Israeli National Lottery
October 23, 2014
NOVOMATIC, one of the largest integrated gaming groups in the world, has signed a seven year contract with Mifal Hapais, the Israeli National Lottery, for the provision of its state-of-the-art video lottery system.
The system includes a central system, 150 retailer terminals and 500 of its newest generation video lottery terminals. NOVOMATIC will also provide customized games, together with maintenance and support services for the entire duration of the contract.The contract has been concluded after a thorough procurement process and allows Mifal Hapais the option to renew it for up to an additional thirteen years. NOVOMATIC expects to generate around 23 million Euros of revenue over the initial period.
“We are very proud to welcome our new customer Mifal Hapais to the NOVOMATIC Group. It is a positive proof of the market’s need for more competition amongst the top tier providers, in order to bring innovation and value to this growing market”, said Thomas Graf, CTO of NOVOMATIC AG. “We are very pleased to have concluded this contract with NOVOMATIC. Their commitment to us as a client is a lesson in excellent service, and their complete solution is a lesson in innovation. We are looking forward to many years of success, which will allow Mifal Hapais to increase the contribution for our good causes”, said Eli Dadon, CEO of Mifal Hapais.“This is one of the first steps on our route to success in the WLA lottery market. We intend to take many more”, added Mr. Graf.
