LAS VEGAS, Oct. 6, 2016 /PRNewswire/
-- Scientific Games Corporation (NASDAQ: SGMS)
("Scientific Games" or the "Company") and Warner Bros. Consumer
Products today announced a multi-property, multi-year partnership
to bring top-tier brands from Warner Bros.' powerhouse portfolio.
These brands were revealed at the Global Gaming Expo
("G2E") in Las Vegas last
week.
At G2E, the world's largest casino gaming conference and
exhibition held annually at the Sands Expo® in Las Vegas, Scientific Games showcased new
Warner Bros. Consumer Products licensed slot games, including
SEINFELD, WILLY WONKA AND THE CHOCOLATE FACTORY,
THE BACHELOR and NATIONAL LAMPOON'S VACATION, along
with other Warner Bros. Consumer Products licensed titles extending
the Company's offerings of omni-channel experiences for all
players.
- SEINFELD, the 10-time Emmy Award-winning hit television
comedy series, named by TV Guide as one of the "greatest TV
programs of all time," is a comedy that takes players into the
quirky lives of Jerry Seinfeld and
his friends George Costanza,
Elaine Benes, and Cosmo Kramer and the hilarious antics of their
daily lives in an Upper West Side Manhattan apartment building. The
hit sitcom ran for nine seasons, featuring the timeless humor and
witty sayings turned cultural references such as "Yada Yada Yada," "No Soup for You!," "It's a
Festivus Miracle!" and "Serenity Now."
- WILLY WONKA & THE
CHOCOLATE FACTORY, is the unforgettable film from 1971 that
takes fans on the journey through the deliciously delightful,
whimsically wonderful world of Willy
Wonka and his Chocolate Factory.
- THE BACHELOR, the hit romance reality television series
from Warner Horizon Television, is a pop culture staple and
celebrated its 20th season this year. For more than a
decade, this romantic rollercoaster ride has been one of TV's top
social media and water cooler shows, as one lucky man and more than
20 lucky women have the unique opportunity to find true love.
- NATIONAL LAMPOON'S VACATION, based on the 1983
box-office hit comedy, follows the unconventional Griswold family
on their unforgettable cross-country vacation road trip to visit
the "Walley World" fun park.
The multi-year partnership pairs Warner Bros. Consumer Products'
globally recognized brands with the technology and innovation from
industry-leading game developer, Scientific Games. Warner
Bros. Consumer Products' highly successful brand licensing
offerings include timeless player favorites such as AUSTIN POWERS™, CADDYSHACK™, THE
FLINTSTONES™, FRIENDS™, THE LORD OF THE RINGS™,
WACKY RACES™, THE WIZARD OF OZ™ and WONDER
WOMAN™, among many others.
"We're excited to continue our partnership with Scientific Games
and bring many of Warner Bros.' iconic brands and characters to
fans through new, immersive and entertaining games," said
Pam Lifford, President, Warner Bros.
Consumer Products. "This collaboration will allow us to
leverage our popular brands in creative ways and across channels to
captivate players and make new consumer connections in the gaming
space."
Scientific Games' portfolio of Warner Bros. Consumer Products
licensed brands covers a broad spectrum of genres, including
comedy, popular sitcoms, reality TV, science fiction, movie
classics and more. This widely appealing content offers the
ability to reach an omni-channel audience of players across
multiple platforms such as land-based slot machines, online
real-money gaming and lottery instant ticket games.
Scientific Games Chief Executive Officer and President,
Kevin Sheehan, said, "The expansion
of our Warner Bros. Consumer Products partnership mirrors the
growth and evolution of our business, which after mergers with
Bally Technologies and WMS Gaming now includes the broadest
portfolio of end-to-end solutions for the gaming and lottery
industries. The convergence of players across multiple channels in
land-based casino, real-money gaming and lottery entertainment,
affords us an unprecedented opportunity to capitalize on our
investment in these timeless and popular Warner Bros. brands to
delight players wherever they like to engage with our products. I
am confident that this slate of powerhouse brands will help us grow
and continue to deliver on our mission of providing the world's
best gaming and lottery experiences."
About Scientific Games
Scientific Games
Corporation (NASDAQ:SGMS) is a leading developer of
technology-based products and services and associated content for
worldwide gaming, lottery and interactive markets. The Company's
portfolio includes gaming machines, game content and systems; table
games products and shufflers; instant and draw-based lottery games;
server-based lottery and gaming systems; sports betting technology;
loyalty and rewards programs; and interactive content and services.
For more information, please visit ScientificGames.com.
About Warner Bros. Consumer Products
Warner Bros.
Consumer Products, a Warner Bros. Entertainment Company, is one of
the leading licensing and retail merchandising organizations in the
world.
CADDYSHACK and all related characters and elements © & ™
Warner Bros. Entertainment Inc. (s16)
FRIENDS and all related characters and elements are trademarks of
and © Warner Bros. Entertainment Inc. (s16)
NATIONAL LAMPOON'S VACATION and all related characters and elements
© & ™ Warner Bros. Entertainment Inc. (s16)
SEINFELD and all related characters and elements © & ™ Castle
Rock Entertainment. (s16)
THE BACHELOR and all related characters and elements © & ™
Warner Bros. Entertainment Inc. (s16)
THE FLINTSTONES™ & © Hanna-Barbera. (s16)
THE LORD OF THE RINGS © 2016 New Line Productions, Inc. All rights
reserved. The Lord of the Rings: The Fellowship of the Ring, The
Lord of the Rings: The Two Towers, The Lord of the Rings: The
Return of the King and the names of the characters, items, events
and places therein are trademarks of The Saul Zaentz Company d/b/a
Middle-earth Enterprises under license to New Line Productions,
Inc.
THE WIZARD OF OZ and all related characters and elements are
trademarks of and © Turner Entertainment Co. (s16) Judy Garland as Dorothy from THE WIZARD OF
OZ. (s16)
THE WACKY RACES and all related characters and elements © & ™
Hanna-Barbera. (s16)
WONDER WOMAN and all related characters and elements are trademarks
of and © DC Comics. (s16)
WILLY WONKA AND THE CHOCOLATE FACTORY and all related characters
and elements © Warner Bros. Entertainment Inc. (s16)
© 2016 Scientific Games Corporation. All Rights Reserved. All ®
notices signify marks registered in the
United States.
SCIENTIFIC GAMES COMPANY CONTACTS:
Investor
Relations:
Scientific Games: Bill Pfund +1 702-532-7663
Vice President, Investor Relations
bill.pfund@scientificgames.com
Media Relations:
Scientific Games: Mollie Cole +1 773-961-1194
Director, Corporate Communications
Mollie.Cole@scientificgames.com
Forward-Looking Statements
In this press release,
Scientific Games 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," "plan,"
"continue," "believe," "expect," "anticipate," "target," "should,"
"could," "potential," "opportunity," "goal," or similar
terminology. These statements are based upon management's current
expectations, assumptions and estimates and are not guarantees of
timing, 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; U.S. and international economic
and industry conditions, including declines in or slow growth of
gross gaming revenues or lottery retail sales, reductions in or
constraints on capital spending by gaming or lottery operators and
bankruptcies of, or credit risk relating to, customers; limited
growth from new gaming jurisdictions, declines in the replacement
cycle of existing gaming machines and slow addition of casinos in
existing jurisdictions; ownership changes and consolidation in the
gaming industry, including by casino operators; opposition to
legalized gaming or the expansion thereof; inability to adapt to,
and offer products that keep pace with, evolving technology;
inability to develop successful gaming concepts and content; laws
and government regulations, including those relating to gaming
licenses and environmental laws; inability to identify and
capitalize on trends and changes in the gaming, lottery and
interactive industries; dependence upon key providers in our social
gaming business; inability to retain or renew, or unfavorable
revisions of, existing contracts, and the inability to enter into
new contracts; level of our indebtedness, higher interest rates,
availability or adequacy of cash flows and liquidity to satisfy
indebtedness, other obligations or future cash needs; inability to
reduce or refinance our indebtedness; restrictions and covenants in
our debt agreements, including those that could result in
acceleration of the maturity of our indebtedness; protection of our
intellectual property, inability to license third party
intellectual property, and the intellectual property rights of
others; security and integrity of our software and systems and
reliance on or failures in our information technology systems;
natural events that disrupt our operations or those of our
customers, suppliers or regulators; inability to benefit from, and
risks associated with, strategic equity investments and
relationships, including (i) the inability of our joint venture to
realize the anticipated benefits under its private management
agreement with the Illinois
lottery or from the disentanglement services performed in
connection with the termination thereof, (ii) the inability of our
joint venture to meet the net income targets or other requirements
under its agreement to provide marketing and sales services to the
New Jersey Lottery or otherwise to realize the anticipated benefits
under such agreement and (iii) failure to realize the anticipated
benefits related to the award to our consortium of an instant
lottery game concession in Greece;
failure to achieve the intended benefits of the Bally acquisition
or the WMS acquisition, other recent acquisitions, or future
acquisitions, including due to the inability to successfully
integrate such acquisitions or realize synergies in the anticipated
amounts or within the contemplated time frames or cost
expectations, or at all; disruption of our current plans and
operations in connection with our recent acquisitions (including in
connection with the integration of Bally and WMS), including
departure of key personnel or inability to recruit additional
qualified personnel or maintain relationships with customers,
suppliers or other third parties; costs, charges and expenses
relating to the Bally acquisition and the WMS acquisition;
incurrence of employee termination or restructuring costs, and
impairment or asset write-down charges; changes in estimates or
judgments related to our impairment analysis of goodwill or other
intangible assets; implementation of complex revenue recognition
standards; fluctuations in our results due to seasonality and other
factors; dependence on suppliers and manufacturers; risks relating
to foreign operations, including fluctuations in foreign currency
exchange rates and restrictions on the payment of dividends from
earnings, restrictions on the import of products and financial
instability, including the potential impact to our instant lottery
game concession or VLT lease arrangements resulting from the recent
economic and political conditions in Greece; dependence on our key employees;
litigation and other liabilities relating to our business,
including litigation and liabilities relating to our contracts and
licenses, our products and systems, our employees (including labor
disputes), intellectual property and our strategic relationships;
influence of certain stockholders; and stock price volatility.
Additional information regarding risks, 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 our filings with the SEC, including the Company's
current reports on Form 8-K, quarterly reports on Form 10-Q and its
latest annual report on Form 10-K filed with the SEC on
February 29, 2016 (including under
the headings "Forward Looking Statements" and "Risk Factors").
Forward-looking statements speak only as of the date they are made
and, except for Scientific Games' ongoing obligations under the
U.S. federal securities laws, Scientific Games undertakes no
obligation to publicly update any forward-looking statements
whether as a result of new information, future events or
otherwise.
Photo - http://photos.prnewswire.com/prnh/20161005/415764
Logo - http://photos.prnewswire.com/prnh/20160203/329306LOGO
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/scientific-games-and-warner-bros-consumer-products-announce-multi-property-multi-year-partnership-for-top-tier-brands-300340825.html
SOURCE Scientific Games Corporation