Spectra Systems scores lottery contract renewal

(Sharecast News) - Banknote authentication specialist Spectra System has again been selected to provide lottery gaming software to "a major western state lottery" in the US. The AIM-listed group said on Monday that the base value of the five-year contract renewal was $636,000.

Chief executive Dr Nabil Lawandy said: "This renewal award indicates that our gaming customers value our services and is a part of the expected renewed growth of this business line under the leadership of its director, Christopher Lal".

As of 0840 BST, Spectra shares were up 2.61% at 236.0p.







Reporting by Iain Gilbert at Sharecast.com