LAS VEGAS and ATLANTA, March 9,
2020 /PRNewswire/ -- Scientific Games
Corporation (NASDAQ: SGMS) ("Scientific Games" or the
"Company") announces that its longtime instant game partner the
Florida Lottery (the "Lottery") broke a fourth consecutive U.S.
record for single week retail sales of Scratch-off games. The
Company creates, manufactures and manages 99% of the Lottery's
Scratch-off games. Floridians purchased $149,808,055 in Scratch-offs the week ending
March 1, 2019, shattering the
previous record and generating more than $27.8 million for the Educational Enhancement
Trust Fund to benefit Florida
students.
The record week of instant game retail sales crushed the Florida
Lottery's previous U.S. record of $126,249,658 set in 2019. This year's record week
comes six months after the Lottery announced eight consecutive
years of record-breaking annual sales for fiscal year 2019. The
record week of instant games was processed at the Company's
Orlando facility using
SciTrak™, the latest version of advanced logistics
technology offered through the Scientific Games Enhanced
Partnership (SGEP) with the Lottery.
Justin Rock, Florida Lottery
Deputy Secretary of Product and Sales, said, "We are proud that our
continued focus on our instant game products has broken another
U.S. record, and even more excited that our collaboration with
Scientific Games has generated more funding to enhance education in
Florida. This a testament to the
careful research, planning and marketing that goes into our
Scratch-offs so they provide an enjoyable entertainment value to
Floridians."
The new weekly sales record week was driven by the Lottery's new
$30 The Fastest Road to
$1 Million Scratch-off game,
featuring 155 million dollar prizes,
which topped $28 million in retail
sales. Sales for all $30 games topped
$39 million in the record week. Other
top-sellers were a 10X®, 20X, 50x, 100X family of games at
the $1, $2, $5 and
$10 price point that recorded
$26.7 million in sales for the week.
Additionally, year-over-year sales for all $10 games grew 90% from the same week last year,
led by the $50-$100-$500
Blowout! and 100X games that had combined sales of
$33 million in the record week.
Instant games are an important part of the Florida Lottery's
portfolio of games, comprising about 69% of its total sales in
fiscal year 2019. The Lottery participates in SGEP which
provides instant game design, programming, manufacturing, inside
sales, marketing, warehousing, as well as distribution and retail
services to more than 13,000 Florida Lottery retailers.
"Scientific Games congratulates the Florida Lottery on a fourth
consecutive U.S. record sales week for Scratch-offs. We are honored
to be the Lottery's instant games partner and share their mission
to generate maximum funding for education in the state," said
John Schulz, Senior Vice President,
Instant Products for Scientific Games. "The success of the Florida
Lottery's Scratch-off games comes from many years of working
closely together to create and market games that drive
results."
Scientific Games launched the world's first secure instant game
in 1974 and is the largest provider of instant games in the world.
The U.S.-based Company provides games, technology and services to
more than 150 lotteries around the globe, including nearly every
North American lottery.
© 2020 Scientific Games Corporation. All Rights Reserved.
About Scientific Games
Scientific Games
Corporation (NASDAQ: SGMS) is a world leader in entertainment
offering dynamic games, systems and services for casino, lottery,
social gaming, online gaming and sports betting. Scientific Games
offers the gaming industry's broadest and most integrated portfolio
of game content, advanced systems, cutting-edge platforms and
professional services. Committed to responsible
gaming, Scientific Games delivers what customers and players
value most: trusted security, engaging entertainment content,
operating efficiencies and innovative technology. For more
information, please visit scientificgames.com.
The information contained on, or that may be accessed through,
our website is not incorporated by reference into, and is not a
part of, this document.
Media Contact
media@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 can be
identified by words such as "will," "may," and "should." These
statements are based upon management's current expectations,
assumptions and estimates and are not guarantees of timing, future
results or performance. Therefore, you should not rely on any of
these forward-looking statements as predictions of future events.
Actual results may differ materially from those contemplated in
these statements due to a variety of risks, uncertainties and other
factors, including those factors described in our filings with the
Securities and Exchange Commission (the "SEC"), including
Scientific Games' 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 18, 2020 (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