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GTECH and Hasbro Announce Licensing Agreement
MONOPOLY and BATTLESHIP Branded Games will Provide Lotteries with Two of the
World's Most Popular Themed-Play Experiences
WEST GREENWICH, R.I., March 1 /PRNewswire-FirstCall/ -- GTECH Holdings
Corporation and the Hasbro Properties Group, the intellectual property
development arm of Hasbro, Inc. , announced today a licensing agreement that
grants GTECH the rights to develop and distribute select lottery products
featuring Hasbro's MONOPOLY and BATTLESHIP brands in the U.S., Canada, and
Mexico.
Under the agreement, GTECH, which operates government-authorized lotteries, will
develop versions of the games to appear on four major online channels:
Traditional, Social Space, Interactive, and Electronic Instant Lottery.
The highly recognized MONOPOLY and BATTLESHIP brands, in combination with new
lottery technology, makes games accessible in social venues such as restaurants,
taverns, and over the Internet.
"We are delighted with this opportunity to collaborate with a company that
shares our focus on innovation," said W. Bruce Turner, President and CEO of
GTECH. "Together we will expand the opportunity for lottery growth through the
licensing of proven, popular game content."
"Building upon the different ways that people can enjoy our game properties is
an important part of our strategy," said Jane Ritson-Parsons, President of the
Hasbro Properties Group. "MONOPOLY and BATTLESHIP are two of our most popular
games and GTECH has captured the spirit of each property."
The first MONOPOLY and BATTLESHIP branded lottery games are expected to be
available to GTECH customers and lottery players this fall.
GTECH, a leading global information technology company with $1 billion in
revenue and 5,000 people in 44 countries, provides software, networks, and
professional services that power high-performance, transaction processing
solutions. The Company's core market is the lottery industry, with a growing
presence in financial services transaction processing. For more information
about the Company, please visit GTECH's website at http://www.gtech.com/.
The Hasbro Properties Group develops and expands Hasbro, Inc.'s corebrands, such
as G.I. JOE, TRANSFORMERS, MY LITTLE PONY, MONOPOLY and CANDY LAND, into a wide
variety of entertainment and consumer categories.
Hasbro (NYSE:HAS) is a worldwide leader in children's and family leisure time
entertainment products and services, including the design, manufacture, and
marketing of games and toys ranging from traditional to high-tech. Both
internationally and in the U.S., its PLAYSKOOL, TONKA, MILTON BRADLEY, PARKER
BROTHERS, TIGER, and WIZARDS OF THE COAST brands and products provide the
highest quality and most recognizable play experiences in the world.
Contact: Robert K. Vincent
Public Affairs
GTECH Corporation
401-392-7452
Wayne Charness
Corporate Communications
Hasbro, Inc.
401-727-5983
DATASOURCE: GTECH Holdings Corporation
CONTACT: Robert K. Vincent, Public Affairs of GTECH Corporation, +1-401-
392-7452; or Wayne Charness, Corporate Communications of Hasbro, Inc., +1-401-
727-5983
Web site: http://www.gtech.com/