LAS VEGAS and ATLANTA, April 29,
2020 /PRNewswire/ -- Scientific Games
Corporation (NASDAQ: SGMS) ("Scientific Games" or the
"Company") announced that the Missouri Lottery (the "Lottery")
extended its existing contract for one additional year. The Company
will continue serving as the Lottery's primary instant game
provider through June 30, 2021. As
the world's largest supplier of lottery instant games, Scientific
Games currently creates and manufactures 90% of the Missouri
Lottery's Scratchers. The Missouri Lottery is ranked among the Top
20 lotteries in the world (FY2019 per capita sales, La Fleur's
Almanac).
Scientific Games has served as a trusted supplier to the
Missouri Lottery since its inception in 1986, and was selected as
the Lottery's primary instant games provider in 2011 to help drive
maximum proceeds to education in the state of Missouri.
In the last nine years, the Company has worked closely with the
Lottery to responsibly grow Scratchers retail sales 30%.
May Scheve Reardon, Executive
Director for the Missouri Lottery, said, "We are confident that the
extension of our primary instant games contract with Scientific
Games sets the Missouri Lottery on a continued trajectory of
responsible growth to maximize our returns to public
education."
Since 1986, the Missouri Lottery has contributed more than
$6.5 billion to the state of
Missouri and public education.
Annual Lottery contributions comprise about 4% of the state's
funding for public education.
John Schulz, Senior VP Instant
Products for Scientific Games, said, "As the primary Scratchers
supplier to the Missouri Lottery, we look forward to continuing our
good work together. Our teams work hand-in-hand with the Lottery's
teams so we are fully aligned on business objectives and can stay
one step ahead of market demand for the highest performing games
that entertain Missourians."
U.S.-based Scientific Games launched the world's first secure
retail instant game in 1974, and the Company's products represent
more than 70% of instant game retail sales globally.
© 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