Providence based GTECH builds global lottery dominance
Providence RI company GTECH Corp led by Guy Snowden and partners Victor Markowicz and Robert Stern grew from a Rhode Island startup to the world’s largest supplier of computerized lottery systems. GTECH earned 7.7 million on 1986 sales of 131 million and won contracts in New York California Rhode Island Canada Australia and Europe. Markowicz designed lottery games and software while Stern steered financing with the Bass brothers. Snowden forecasts more growth as GTECH develops a Sweepstakes lottery tied to horse racing.
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