NEW YORK, May 2, 2013 /PRNewswire/ -- Scientific Games
Corporation (Nasdaq: SGMS) today announced that it has been
selected with its partners as the primary vendor team to operate
Internet Gaming Systems and Services for the Delaware State
Lottery, subject to successful contract negotiations.
Scientific Games teamed with 888 Holdings (LSE: 888) and
Williams Interactive LLC, a wholly owned subsidiary of WMS
Industries Inc. (NYSE: WMS), to provide a full turnkey solution for
the gaming platform, content, and operational services using
advanced responsible gaming tools and sophisticated player
tracking, in response to the Delaware State Lottery's Internet
Gaming System and Services request for proposal (RFP). The RFP
includes internet poker, casino table games, and video lottery
games.
This joint effort combines 888's decade-long experience being at
the forefront of the online gaming industry with Scientific Games'
proven ability to provide added value, turnkey solutions to
government-sponsored (B2G) and commercial (B2B) gaming operators
and Williams Interactive's premium iGaming products and
services.
The Lottery evaluation committee's recommendation followed a
competitive selection process designed to identify service
providers best suited to serve the needs of the Delaware
Lottery. The contract will be for an initial term of five
years and includes four additional one-year contract extension
options.
Delaware became the first U.S.
state to implement comprehensive intrastate iGaming including
poker, slots and bingo when the General Assembly passed the
Delaware Gaming Competitiveness Act of 2012 in June 2012. Delaware has long been an industry model for
state regulated gaming. This is another example of Delaware's leadership in protecting
state-sponsored gaming rights to maximize proceeds for its
citizens. The Delaware Lottery will be the sole regulator of
real-money internet gaming for the State with the games branded and
marketed through the State's three casinos. The State plans to
launch internet games this year.
Lotteries are increasingly pursuing opportunities to develop
additional revenue sources for their good causes. This joint effort
to support the Delaware Lottery's expansion into internet gaming is
a prime example of the synergies that can be achieved by Scientific
Games' pending acquisition of WMS, as previously announced on
January 31, 2013. Completion of the
transaction remains subject to approvals by WMS stockholders and
gaming regulatory authorities and other customary closing
conditions.
About Scientific Games
Scientific Games Corporation is a global leader in providing
customized, end-to-end gaming solutions to lottery and gaming
organizations worldwide. Scientific Games' integrated array of
products and services includes instant lottery games, lottery
gaming systems, terminals and services, and internet applications,
as well as server-based interactive gaming terminals and associated
gaming control systems. For more information, please visit our
website at www.scientificgames.com.
Company Contact:
Cindi Buckwalter, Investor
Relations
(212) 754-2233
About 888 Holdings
888 Holdings Public Limited Company (888) is one of the world's
most popular online gaming entertainment and solutions
providers.
888 has been at the forefront of the online gaming industry for
over a decade, allowing both players and B2B partners to enjoy a
world-class gaming experience.
888's consumer facing websites offer more than just online
gaming. They are entertainment destinations, places where people
can enjoy a truly interactive experience and be part of an online
community that shares common interests.
888 websites provide an enjoyable customer experience in a safe
and secure environment. 888 remains a leader in responsible gaming,
with specialist websites dedicated to both corporate responsibility
and responsible gaming.
About Williams Interactive
Williams Interactive is a global provider of premium iGaming
products and services, from the white-label Play4Fun Network™ for
locations where real-money wagering is not yet allowed, to full
casino Managed Services in legalized real-money wagering
jurisdictions. The company possesses a robust portfolio of proven
WMS Gaming slot themes including Gold Fish®, Glitz™, Super Jackpot
Party® and The Wizard of Oz™ already popular with internet casino
patrons across Europe. More information can be found at
www.williamsinteractive.com.
Forward-Looking Statements
In this press release, the Company makes "forward-looking
statements" within the meaning of the U.S. Private Securities
Litigation Reform Act of 1995. Forward-looking statements describe
future expectations, plans, results or strategies and can often be
identified by the use of terminology such as "may," "will,"
"estimate," "intend," "continue," "believe," "expect,"
"anticipate," "should," "could," "potential," "opportunity," or
similar terminology. These statements are based upon
management's current expectations, assumptions and estimates and
are not guarantees of future results or performance. Actual
results may differ materially from those contemplated in these
statements due to a variety of risks and uncertainties and other
factors, including, among other things: competition; material
adverse changes in economic and industry conditions; technological
change; retention and renewal of existing contracts and entry into
new or revised contracts; availability and adequacy of cash flows
to satisfy obligations and indebtedness or future needs; protection
of intellectual property; security and integrity of software and
systems; laws and government regulation, including those relating
to gaming licenses, permits and operations; inability to identify,
complete and integrate future acquisitions; inability to benefit
from, and risks associated with, strategic equity investments and
relationships; failure of our Northstar Illinois joint venture to
meet the net income targets or otherwise to realize the anticipated
benefits under its private management agreement with the Illinois
Lottery; failure of our Northstar New
Jersey joint venture to enter into the private management
agreement with the State of New
Jersey (including as a result of the pending protest) or to
meet the net income targets or other requirements under any such
agreement or otherwise to realize the anticipated benefits under
any such agreement; the seasonality of our business; inability to
obtain the approvals required to complete the merger with WMS
Industries Inc. ("WMS"); failure to complete the merger with WMS
or, if completed, failure to achieve the intended benefits of such
merger or disruption of our current plans and operations; inability
to identify and capitalize on trends and changes in the lottery and
gaming industries, including the potential expansion of regulated
gaming via the internet; inability to enhance and develop
successful gaming concepts; dependence on suppliers and
manufacturers; liability for product defects; fluctuations in
foreign currency exchange rates and other factors associated with
international operations; influence of certain stockholders;
dependence on key personnel; failure to perform under our
contracts; resolution of pending or future litigation; labor
matters and stock price volatility. Additional information
regarding risks and uncertainties and other factors that could
cause actual results to differ materially from those contemplated
in forward-looking statements is included from time to time in the
Company's filings with the Securities and Exchange Commission,
including under the heading "Risk Factors" in the Company's
periodic reports. Forward-looking statements speak only as of the
date they are made and, except for the Company's ongoing
obligations under the U.S. federal securities laws, the Company
undertakes no obligation to publicly update any forward-looking
statements whether as a result of new information, future events or
otherwise.
SOURCE Scientific Games Corporation