The supply deal between Novomatic and Romania’s National Lottery after the Loteria Romana failed to receive €75 million in guaranteed revenues from the Austrian gaming company.

In 2013, Novomatic subsidiary Novo LVTech Solutions entered a long-term partnership in the video lottery sector. According to a Novomatic announcement, the gaming company was tapped to provide 10,000 state-of-the-art video lottery terminals (VLTs) as well as relevant video lottery system, including a jackpot system, maintenance services, spare parts and logistics, in the locations provided by the state lottery for 15 years.

The agreement, signed in Bucharest, stated that the joint revenues after expenses will be shared evenly between the two companies, but it also granted Loteria Romana a proportionate minimum revenue guarantee of €75 million.

But Novomatic said Loteria Romana has only accommodated 5,000 video slots to date, which means the state has failed to meet the criteria listed in the contract and will thus not receive the revenue guarantee, Romania Insider reported.