Over the past five years, Rhode Island-based GTech has averaged a 31% return on equity.
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Xtra (container leasing), Gtech (lottery management) and Sonoco Products (paper products) aren't suitable for a huge fund's concentrated bets.
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Ms Blume added that the People's Lottery bid had been backed by better technology, and criticised Camelot's reliance on GTech.
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GTech Holdings (nyse: GTK - news - people ) makes software and fulfillment systems that allow governments to manage public lotteries.
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