LAS VEGAS and ATLANTA, April 13,
2020 /PRNewswire/ -- Scientific Games
Corporation (NASDAQ: SGMS) ("Scientific Games" or the
"Company") was awarded a new, five-year contract to serve as the
Connecticut Lottery Corporation's primary instant game
provider. The agreement grows the company's instant game
partnership with the Connecticut Lottery, increasing the percentage
of its games in the Lottery's portfolio to the role of primary
provider. The move to a primary provider is part of the Connecticut
Lottery's strategic plan to maximize profits and contributions to
the state's General Fund.
Scientific Games has supplied instant games to the Connecticut
Lottery for more than 40 years and currently serves as its systems
and retail technology provider. In fiscal year 2019, the Lottery
ranked in the Top 10 in the world for total per capita sales.
Greg Smith, CEO of Connecticut
Lottery Corporation, said, "Scientific Games has a strong record of
providing high-quality instant games and valuable recommendations
for managing instant game portfolios for lotteries. We look forward
to working closely with the Scientific Games team."
Since its inception in 1971 as the fourth state lottery in the
U.S., the Connecticut Lottery has delivered $10 billion in funding for many valuable programs
and causes in the state of Connecticut.
John Schulz, Senior Vice
President, Lottery Instant Products for Scientific Games, said, "We
are honored that the Connecticut Lottery has increased our role to
primary instant games provider, and has placed its trust in
Scientific Games as the best value and alignment for growth and
maximizing profits for state programs. We look forward to helping
the Lottery achieve its goals for future growth."
As part of the primary instant games provider agreement, the
company will also provide marketing services, research and
analytics to help responsibly grow the Connecticut Lottery's
instant game sales across its network of 2,800 retailers.
U.S.-based Scientific Games launched the world's first secure
retail instant game in 1974, the first digital instant game in the
U.S. in 2014, and is the leading provider of lottery interactive
games, mobile apps, player loyalty programs and other interactive
products and services in the U.S. lottery industry. The company is
also the fastest growing lottery systems technology provider in the
U.S.
© 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 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 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