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GTECH Corporation names Gerhard H. Burda Senior Vice President of Gaming Solutions
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2008/01/23
PROVIDENCE, RI – (January 22, 2008) – GTECH Corporation, a wholly-owned subsidiary of Lottomatica S.p.A., announced that Gerhard H. Burda has been named Senior Vice President of Gaming Solutions - a division consisting of GTECH's subsidiary, Spielo Manufacturing ULC, and GTECH's pending controlling share of Atronic. This appointment will become effective on January 31, 2008, the anticipated closing date of GTECH's 50 percent equity interest in Atronic. Reporting to GTECH President and CEO Jaymin B. Patel, Burda will be responsible for managing and overseeing the long-term strategic direction of GTECH's Gaming Solutions division, and providing operational leadership for the global business unit. In this role, Burda will guide GTECH's investment in future technology and content development to achieve market leadership in the government-sponsored and commercial gaming industries, as well as the identification of new market opportunities. He will also lead global market-requirements process, product development and product positioning, and provide sales and marketing leadership for the domestic and international government-sponsored and commercial gaming markets.
“Gerhard has more than 20 years of gaming industry experience, and his passion for the gaming product, his thorough understanding of player and operator needs, and his excellent customer relations uniquely qualify him to combine the skills of both companies, Spielo and Atronic, to form the foundation for our ambitious growth plans in this business segment,” said Mr. Patel.
Burda most recently served as CEO of the Atronic Group of companies consisting of Atronic International, Atronic America, and Atronic Systems. He is a founding member of Atronic, which has grown to a US$200 million business since its inception in 1993. Prior to joining Atronic, Burda held several managerial positions in the European telecommunications industry. He graduated from engineering school in Graz, Austria. Burda, 48, currently resides with his wife Dubravka and their daughter Ana in Graz, Austria. They plan to relocate to Rhode Island over the next 12 months.
GTECH is a leading gaming technology and services company, providing innovative technology, creative content, and superior service delivery. Lottomatica is one of the world's largest commercial lottery operators and a market leader in the Italian gaming industry. GTECH and Lottomatica together create a fully integrated lottery operator and gaming technology solutions provider – a combined company with worldwide scale, considerable financial strength, and industry-leading customer solutions. Lottomatica is majority owned by De Agostini, which belongs to a century-old publishing, media, and financial services group. Lottomatica is publicly traded on the Italian Stock Exchange (LTO), and in 2006, had more than €1.7 billion in revenues and 5,900 employees in over 45 countries when combined with GTECH.
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