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Acer Asset 75401 Driver

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Acer Asset 75401 Driver

We have appealed the Court of Appeals decision with respect to the continued withholding of 40 million Brazilian reals in a court account, Acer Asset 75401 the deadline for the Public Ministry Attorneys to appeal this decision of the Court of Appeals has expired.

Additionally, CEF has announced its intention to develop a central in-house system to Acer Asset 75401 the services provided by us. Therefore, we do not anticipate that our contract with CEF will be extended on a long-term basis, if at all.


The central allegation of the report was that we were accorded certain payment increases with respect to lottery services and that we contracted to supply to CEF certain lottery services that were not contemplated by the procurement process for the contract and that are not otherwise permitted under Brazilian law. Although we have not been formally served with this report, Acer Asset 75401 understand that it alleges improper transfer of the contract to us, payment increases inconsistent with the procurement process for the contract and in violation of Brazilian law and that the contract extension was entered into in a manner inconsistent with the procurement process and Brazilian law.

Although there can be no assurance as to the ultimate impact of these allegations, we believe that the claims and determinations in these reports have, in essence, been merged into the civil action and public class action lawsuit referred Acer Asset 75401 above and are accordingly unlikely to represent an independent source of liability for us.


We may not prevail in any of these legal proceedings. If we are not successful in defending these legal proceedings, we could incur substantial monetary judgments or penalties.

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A finding of improper conduct by us or any of our current or former employees attributable to us in any manner or the prolonged investigation of these matters by governmental or regulatory authorities could have a material adverse effect on our results of operations, business or prospects, including our ability to retain existing contracts Acer Asset 75401 to obtain new or renewal contracts. In addition, continuing adverse publicity resulting from these investigations and related matters Acer Asset 75401 have a material adverse effect on our reputation and business.

In addition, whether or not we are successful in defending these legal proceedings, the proceedings may occupy substantial time and attention of our senior management. Our lottery operations are dependent upon our continued ability to retain and extend our existing contracts and win new contracts. We derive the majority of our revenues and cash flow from our portfolio of long-term facilities management contracts.

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Upon the expiration of a contract, lottery authorities may award new contracts through a competitive procurement process. In addition, our lottery contracts typically permit a lottery authority to terminate the contract at any time for failure to perform and for other specified reasons, and many of our contracts permit the lottery authority to terminate the contract at will with Acer Asset 75401 notice and do not specify the Acer Asset 75401, if any, to which we would be entitled were such termination to occur.

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In addition, in the event that we are unable or unwilling to perform, some of our lottery Acer Asset 75401 permit the lottery authority to acquire title to our system-related equipment and software during the term of the contract or upon the expiration or earlier termination of the contract, in some cases without paying us any compensation related to the transfer of that equipment and software to the lottery authority.

The termination of or failure to renew or extend one or more Acer Asset 75401 contracts, the renewal or extension of one or more lottery contracts on materially altered terms or the loss of our assets without compensation could, depending upon the circumstances, have a material adverse effect on our results of operations, business and prospects.

In recent years, as the United States lottery industry has matured, the rate of lottery sales growth has moderated and certain of our customers have from time-to-time experienced a downward trend in sales. Our future success also will depend, in part, on our ability to develop innovative Acer Asset 75401 and services to permit us to successfully market transaction processing goods and services outside of the lottery industry.

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A failure by us to achieve these goals could have a material adverse effect on our results of operations, business and prospects. We derive approximately half of our revenues from jurisdictions outside the United States and are subject to the economic, political and social instability risks of doing business in these jurisdictions. We are a global business and derive a substantial portion of our revenue from operations outside the United States.

In particular, in fiscalwe derived approximately Risks associated with our international Acer Asset 75401 include increased governmental regulation of the online lottery industry in the markets where we operate; exchange controls or other currency restrictions; and significant political instability. Other economic risks that our international activity subjects us to might include inflation, Acer Asset 75401 exchange risks both depreciation and devaluationilliquid foreign exchange markets, high interest rates, debt default, unstable capital markets and foreign direct investment restrictions.


Acer Asset 75401 risks include change of leadership, change of governmental policies, new foreign exchange controls regulating the flow of money into or out of a country, failure of a government to honor existing contracts, changes in tax laws and corruption, as well as global risk aversion driven by political unrest, war and terrorism. Finally, social instability risks include high crime in the countries in which we operate due to poor economic and political conditions, riots, unemployment and poor health conditions.

Acer Asset 75401 factors may affect our work force as well as the general business environment in a country.

In addition, a substantial portion of our assets are held outside of the United States and could be prevented by another country from leaving the country in which they are held. See Note 26 to the Notes to our Consolidated Financial Statements included in this Acer Asset 75401 for additional financial Acer Asset 75401 respecting geographic areas where we conduct business. The occurrence of any of these events in the markets where we operate could jeopardize or limit our ability to transact business in those markets in the manner we expect and could have a material adverse effect on our results of operations, business and prospects.

Our results of operations are exposed to non-United States currency exchange rate fluctuations which could result in lower revenues, net income and cash flows when such results are translated into U. Dollar accounts.

Currency exchange rate exposures arise from current transactions and anticipated transactions denominated in currencies Acer Asset 75401 than United States dollars and from the translation of non-United States currency balance sheet accounts into United States dollar balance sheet accounts. We are exposed to currency exchange rate fluctuations because a significant portion of our Acer Asset 75401 are denominated in currencies other than the United States dollar.

These exchange rate fluctuations have in the past adversely affected our operating results and may continue to adversely affect our results of operations and the value of our assets outside the United States.


We have a concentrated customer base and the loss of any of our larger customers or lower sales from any of these customers could lead to significantly lower revenue. Revenue from our top ten customers accounted for approximately In fiscal If we were to lose any of these larger customers, or Acer Asset 75401 these larger customers experience slow lottery ticket sales and consequently reduced lottery revenue, our results of operations, business and prospects could be materially adversely affected.

Our quarterly operating results may Acer Asset 75401 significantly.

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