LAS VEGAS and ATLANTA, March 26,
2020 /PRNewswire/ -- Scientific Games
Corporation (NASDAQ: SGMS) ("Scientific Games" or the
"Company") announces a partnership with Abacus Solutions
International Group ("Abacus") on a secure solution for shoppers to
purchase lottery draw and instant games in retail checkout lanes.
The agreement is part of Scientific Games' tech innovation in the
area of lottery retail solutions to offer shoppers the convenience
of purchasing lottery products along with other store items in the
checkout lane. The retail solution supports maximum profits for
vital programs funded by government lotteries, including health and
welfare, senior citizens, veterans, education, the environment, and
infrastructure.
In the majority of large retail locations, this convenience is
not yet available and lottery games are purchased at a separate
customer service counter or via a self-service machine. Abacus,
which has a significant penetration in supermarkets and big box
stores, is a lottery technology partner that securely connects
lottery systems technology directly through a retailer's
point-of-sale technology.
"Our research shows that in grocery stores in particular, only
5% of shoppers visit the area of the store where the lottery
terminal is located and games can be purchased," said Simon Butler, Abacus CEO.
The integration with the third-party solution from Abacus using
their unique Fusion Platform® will enable secure, in-lane lottery
sales through Scientific Games' new SCiQ® retail technology
system and AEGIS™ lottery draw game systems technology,
allowing shoppers to purchase instant and draw games at the
checkout. Abacus has more than 30,000 lanes enabled with their
lottery service in Europe.
"This partnership with Abacus is another example of Scientific
Games' commitment to invest in new retail innovation that opens
opportunities for lotteries to bring products conveniently to
players where they are," said Randall
Lex, VP Lottery Retail Solutions for Scientific Games. "Our
vision for retail innovation includes third-party, secure
technology integrations that support lottery revenues with the most
advanced technology possible."
Butler said, "The Abacus technology enables draw-based lottery
tickets and instant games to be purchased at any retail point-of
sale-terminal, and dramatically increases valuable lottery terminal
foot-print in stores at a minimal cost. Our partnership with
Scientific Games is a significant and exciting step forward,
enabling Abacus technology with our retail partners to offer huge
growth opportunities for lotteries and their beneficiaries."
"The Abacus and Scientific Games in-lane solution puts lottery
products in front of 100% of the store's customers as well as
fitting into their existing shopping behavior," said Terry Presta, Abacus Head of Business in the
USA. "Working together to offer
lotteries many more selling opportunities as well as offering new
and innovative ways to play is the future of lottery and this
partnership embraces that opportunity."
Scientific Games is a U.S.-based company providing 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.
About Abacus Solutions International Group - Lottery
Everywhere
Abacus – the gateway at the heart of connecting consumers,
retailers and lotteries in the global market. Abacus believes the
future of lottery lies in integrating into the existing retailer
and consumer infrastructures by providing a highly secure
transaction gateway that enables all parties to work together and
create mutual growth. The Abacus Fusion Platform sits at the heart
of connecting consumers, retailers and lotteries, with the Abacus
team managing integration from start to finish. Abacus
believes in building long term relationships by working together to
develop new and innovative solutions. By using cutting edge
technology, created by forward thinking industry experts, the
Abacus gateway enables lotteries and retailers to respond to the
ever-changing consumer market with speed, agility, reliability and
integrity. For more information, please visit
lotteryeverywhere.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