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Keyword: lottomatica

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  • CA: Italian firm's takeover of state lotto operator angers lawmakers

    12/03/2006 2:09:51 PM PST · by calcowgirl · 8 replies · 724+ views
    Daily Democrat (Media News) ^ | Dec. 03, 2006 | STEVE GEISSINGER
    Italian firm's takeover of state lotto operator angers lawmakers Lottery director stands by decision to OK $4.7 billion merger; says it will be business as usual. SACRAMENTO - An Italian company with a blemished history quietly purchased a U.S. firm that runs lotto and other online games in California and 24 other states - a development that has surprised and angered California lawmakers into action. But the state lottery's acting director is standing by her decision to approve California's part in the $4.7 billion merger, as the lottery and its online operator, GTECH, reassure critics it will be business as...