Elot Inc.

eLot, Inc. engages in the development, installation, and operation of systems that process e-commerce lottery ticket sales and transactions. It operates Internet, intranet, telephone, communications, accounting, banking, database, and other applications and services that facilitate the electronic sale of new and existing lottery products worldwide. The company operates a reward-entertainment lottery portal, eLotteryFreeWay, which offers lottery and entertainment games with registered players earning e-Points that are redeemable for cash and merchandise credit. The company has also developed transitional e-commerce solutions for governmental lotteries. It operates as an application service provider of Internet marketing and advertising technology for lotteries. The company’s Internet Marketing Analysis Research and Communications System database marketing solution enables government lotteries to attract, register, and communicate with lottery players through advanced Internet technology. Along with a partner, eLOT, Inc. markets and develops Web sites to allow lottery players to submit non-winning scratch tickets for additional chances to win and to expand the database of lottery players. In addition, the company’s subsidiary, eLOTTONET, Inc., offers a free daily lottery e-mail notification service of state lottery results, and other information and services via e-mail. eLot’s competitors include GTECH Corporation; Automated Wagering International, Inc.; and Scientific Games Holdings Corp. The company was formerly known as Executone Information Systems and changed its name to eLot, Inc. in 1999. The company is based in Stamford, Connecticut.