LAS VEGAS and ATLANTA, April 20,
2020 /PRNewswire/ -- Scientific Games
Corporation (NASDAQ: SGMS) ("Scientific Games" or the
"Company") won a new, six-year contract from the South Carolina
Education Lottery (the "Lottery") for its performance-focused
Scientific Games Enhanced Partnership (SGEP) program to
responsibly drive maximum profits for educational programs in the
state. The Company, which is the primary provider to 10 of the Top
10 performing lotteries in the world, has designed and manufactured
every instant game sold in South
Carolina since the Lottery launched in 2002, propelling it
to the No. 3 ranked instant game lottery in the world (FY2019
per capita sales, La Fleur's Almanac). To date, instant games
represent nearly $4 billion in
Lottery contributions to education in South Carolina.
The South Carolina Education Lottery selected Scientific Games
following a competitive procurement as the best choice to help
reach its goals. The new contract, which includes warehousing and
distribution services with a new state-of-the-art distribution
facility, a next generation lottery mobile app and interactive
services, may be extended for one additional year.
"We have accomplished great results over the past 18 years,
working with Scientific Games as our primary instant games provider
to offer enjoyable game entertainment for South Carolina players while providing vital
support for state educational programs," said Hogan Brown,
Executive Director, South Carolina Education Lottery. "Continuing
the SGEP program, a partnership proven highly
successful, will strengthen our ability to responsibly optimize
revenue for education in South
Carolina."
"We are honored by the trust the South Carolina Education
Lottery has placed in Scientific Games to fully manage their
diverse instant game portfolio," said John
Schulz, Senior Vice President, Lottery Instant Products for
Scientific Games. "Beginning and ending with analytics and
insights, our SGEP program encompasses every aspect of the
Lottery's instant products – from game design through retail
execution."
Since 2014, Scientific Games has helped the Lottery grow instant
game sales 10.6%, the highest five-year annual growth rate of any
of the Top 10 instant game lotteries worldwide (FY2019 per
capita sales, La Fleur's Almanac). The Lottery also has the
top-performing $10 instant game
portfolio in the U.S., featuring more than 20 games per year.
"Our long-term collaboration with the South Carolina Education
Lottery has provided Scientific Games with a full understanding of
its marketing strategy. Managing its unique and successful instant
game portfolio requires creative game design, innovative
playstyles, a variety of value added options for players, the
ability to deploy advanced logistics in the market, and use of
analytics and insights through the entire retail ecosystem," said
Schulz.
U.S.-based Scientific Games launched the world's first secure
retail instant game in 1974, and currently supplies games,
technology or services to more than 150 lotteries in 50
countries.
© 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