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Multimedia Games runs the central determinant system forthe state's 13,000 video lottery terminals--a contrac t it first won in 2004. Last year, that businesx accounted for about $7 million of the Austin-based company's revenue. “With annual revenue of approximately $1 billion, VLT operations in New York have provehn to be a major success with funds benefiting education andracing purses," said Anthony Sanfillippo, Multimedia's MGAM) CEO.
"We believe this contracty extension will result in improved cash flow from our operationm of the central determinant system in New York basede on growth initiatives under considerationj by the state and the future opening of a facilitytat Aqueduct." The Aqueduct in New York City is expected to increase the numbef of installed video lottery terminalas by 35 percent when it That should be a boon for both the state lottery and, in turn, Multimedia.
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