LAS VEGAS, Oct. 18, 2016 /PRNewswire/ -- Scientific Games
Corporation (NASDAQ: SGMS) ("Scientific Games" or the "Company")
today announced that it has entered into a comprehensive agreement
with Penn National Gaming (NASDAQ: PENN ) ("Penn National") to
supply Tropicana Las Vegas and the recently opened Hollywood Casino
Jamul-San Diego, a full suite of the Company's transformative
systems, games and table product solutions.
The milestone agreement, which follows an extensive competitive
systems selection process, reinforces Scientific Games' position as
the industry's leading supplier of value-adding solutions that
address casino operators' entire casino floor needs.
As part of the agreement, Scientific Games secured 32 percent of
Hollywood Casino Jamul-San Diego's games floor share. The property
opened with 1,731 slot machines and 40 live table games, and the
agreement includes placements of the Company's trailblazing new
TwinStar™ cabinet, which supports Bally™ and
WMS® game content, along with a host of other Scientific
Games slot platforms and engaging Bally, Barcrest™ and WMS
game content.
Hollywood Casino Jamul-San Diego, developed and managed by Penn
National Gaming on behalf of the Jamul Indian Village, opened on
Monday, October 10, 2016 on the
tribe's reservation in San Diego
County, just 20 miles east of downtown San Diego.
Tropicana Las Vegas, which was acquired by Penn National in
August 2015, has integrated
Scientific Games' latest system solutions as part of its
comprehensive reconfiguration and upgrading of the iconic Las Vegas
Strip property's gaming floor. With the addition of
Tropicana Las Vegas and Hollywood Casino Jamul-San Diego,
Scientific Games now provides its comprehensive systems solutions
suite to 15 Penn National Gaming casino operations across
the United States.
Scientific Games Chief Executive Officer and President
Kevin Sheehan said, "We value our
long standing partnership with Penn National Gaming and are pleased
that they awarded us a significant share of games, platforms and
table solutions for Jamul, as well
as our systems business for both Jamul and Tropicana. We look forward to
helping operations drive revenue, efficiencies and increased player
excitement."
Penn National Gaming selected the Bally ACSC
customer-driven slot monitoring, marketing and casino accounting
system to capitalize on the power and reliability of its advanced
new features, which includes multi-point bucket loyalty programs,
patron choice promotion offers, patron card expiration
enhancements, self-pay jackpots, local vs. tourist reinvestment
strategies, and many more applications.
The ACSC system will connect 750 slot machines at
Tropicana Las Vegas and 1,731 slot machines at Hollywood Casino
Jamul-San Diego through high-speed networked floors and utilize the
Bally iVIEW® Display Manager ("DM") on-device
messaging technology to drive player communications, marketing and
Elite Bonusing Suite™ promotions floorwide, creating more
excitement and ways to win. The Elite Bonusing Suite
features 12 different applications to amp up promotions and
player-loyalty programs, including DM Tournaments,
Dynamic Random Bonusing™, Video Poker Bonusing™ and
Virtual Racing.
With the inclusion of these properties, Scientific Games' total
under-contract iVIEW DM installations have reached more than
74,000 units worldwide, and there are more than 252,000 gaming
machines using the iVIEW network globally.
Scientific Games is also providing its TableView™
real-time table rating and player-tracking system to Tropicana Las
Vegas and Hollywood Casino Jamul-San Diego, replacing the manual
rating process previously used at Tropicana Las Vegas with
touch-screen automation. TableView is fully integrated with
the core ACSC system, providing a seamless view of the
player and secure, instant access to table ratings and financial
accounting data. Scientific Games' TableView system is
installed on nearly 10,000 table games across the globe.
Another highlight of this integrated new contract is Penn
National's investment in Scientific Games platforms and game
content. Hollywood Casino Jamul-San Diego opened with 518
Scientific Games cabinets for a total of 13 different Scientific
Games platforms, including the new TwinStar premium for-sale
dual-screen cabinet as well as the high-performing Pro Wave®
and the BLADE™ stepper, among others. Tropicana Las Vegas
has also invested in TwinStar, Pro Wave, BLADE
stepper, and BLADE S32 units to refresh their casino
floor on the Las Vegas Strip.
Scientific Games' newest games at Hollywood Casino Jamul-San
Diego and Tropicana Las Vegas include a variety of exciting
for-sale and premium game titles for the two casinos, including
CIRQUE DU SOLEIL KOOZA™, MONTY PYTHON™ Killer Bunny,
PLAYBOY™ Don't Stop the Party, PLAYBOY™ Midnight
Diamonds®, THE WIZARD OF OZ™ Not In Kansas Anymore,
TITANIC™ Heart of the Ocean, WONDER WOMAN™ Gold,
Fu Dao Le®, Cash'M if You Can!®, Quick Hit
Jungle™, Zeus®, Kronos®, Goldfish Deluxe™,
Bier Haus On Tap™, Dancing In Rio®, Hot Hot
8®, Quick Hit Volcano™, Guardian of the North®,
Super Quick Hit™ PLAYBOY™ Sunset Sapphires™, Green
Machine™, 5 Treasures®, 88 Fortunes®, Dragon
Spin™, and a number of other engaging game themes.
From its table products suite, Scientific Games is providing
Hollywood Casino Jamul-San Diego and Tropicana Las Vegas a number
of its high-performing proprietary Shuffle Master™ table
games including Three Card Poker™, Fortune Pai Gow
Poker®, Ultimate Texas Hold 'em®, Dragon Bonus®
Baccarat, Mississippi Stud®, and Let it
Ride®.
Under the broad agreement with Penn National, Scientific
Games will also provide its card-shuffling MD3® and iDeal
Plus™ solutions to both properties.
Cirque du Soleil, Sun Logo, and KOOZA trademarks owned by Cirque
du Soleil and used under license. © 2016 Cirque du Soleil. All
rights reserved. Licensed by Cirque du Soleil.
MONTY PYTHON ©2016 Python (Monty) Pictures Ltd under license
from Bravado Merchandising. All rights reserved.
PLAYBOY © 2016 Playboy Enterprises International, Inc. PLAYBOY,
PLAYMATE, PLAYBOY BUNNY and Rabbit Head Design are marks of Playboy
Enterprises International, Inc. and used under license by
Scientific Games Corporation.
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)
TITANIC TM & ©1997, 2016 by Twentieth Century Fox Film
Corporation and Paramount Pictures Corporation. All Rights
Reserved.
WONDER WOMAN and all related characters and elements are
trademarks of and © DC Comics. (s16)
All ® notices signify marks registered in the United States. © 2016 Scientific Games
Corporation. All Rights Reserved.
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.
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; 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 (including those fluctuations related to the
affirmative vote in the U.K. to withdraw from the EU), restrictions
on the payment of dividends from earnings, restrictions on the
import of products and financial instability, including the
potential impact to our business resulting from the affirmative
vote in the U.K. to withdraw from the EU and 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.
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SOURCE Scientific Games Corporation