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Autotote Corporation Extends Tender Offer for Its 10 7/8% Series B Senior Notes Due 2004.


Business Editors

NEW YORK--(BUSINESS WIRE)--Sept. 6, 2000

Autotote Corporation (ASE (Adaptive Server Enterprise) A relational DBMS from Sybase that runs on Windows NT/2000, Linux and a variety of Unix platforms. ASE is a comprehensive and robust data management product with a long history dating back to the late 1980s. :TTE TTE Telecommunications Terminal Equipment
TTE Transthoracic Echocardiography
TTE Transthoracic Echocardiogram
TTE Trustee
TTE TCL-Thomson Electronics
TTE To the Extreme (band)
TTE The Tourism Expert
) announced today that it has extended the expiration date Expiration Date

The day on which an options or futures contract is no longer valid and, therefore, ceases to exist.

Notes:
The expiration date for all listed stock options in the U.S.
 of its tender offer for all of its outstanding 10 7/8% Series B Senior Notes due 2004 (the "Notes") from 9:00 a.m., New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
 time, on September 5, 2000, to 9:00 a.m., New York City time, on Wednesday, September 6, 2000, unless further extended.

As of 5:00 p.m., New York City time, on September 5, 2000 all $110 million of the outstanding principal amount of Notes had been validly tendered and not withdrawn.

The tender offer and consent solicitation Consent Solicitation

A solicitation by one party to the stakeholders of a particular security for the consent of a material change.

Notes:
Should the majority of stakeholders provide valid consent prior to the consent expiry date, the issuer may then follow through with
 are being made in connection with the proposed acquisition (the "Scientific Games Acquisition") by the Company of Scientific Games Holdings Corp. The tender offer and the making of the consent payments are conditioned upon, among other things, consummation of the Scientific Games Acquisition and the satisfaction of a financing condition, each as described in more detail in the Company's Offer to Purchase and Consent Solicitation Statement dated July 24, 2000 (the "Statement").

This announcement is not an offer to purchase, a solicitation of an offer to sell or a solicitation of consents with respect to the Notes. The tender offer and consent solicitation are being made solely by the Statement and the related Consent and Letter of Transmittal Letter of Transmittal

A document used by security holder to accompany certificates surrendered in an exchange or other corporate action.
, as the same may be amended from time to time.

Additional information concerning the terms of the tender offer and consent solicitation and copies of the Statement and related documents may be obtained from Donaldson Lufkin & Jenrette at (212) 892-8474 (call collect) or (800) 334-1604 (toll-free), the Dealer Manager for the tender offer and consent solicitation, or MacKenzie Partners, Inc., the Information Agent, at (212) 929-5500 (call collect) or (800) 322-2885 (toll-free).
COPYRIGHT 2000 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Sep 6, 2000
Words:299
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