LAS VEGAS and ATLANTA, March 31,
2020 /PRNewswire/ -- Scientific Games Corporation (NASDAQ:
SGMS) ("Scientific Games" or the "Company") has signed a new
four-year systems technology agreement with long-time partner
Staatliche Lotterieverwaltung ("LOTTO Bayern"), the state lottery
of Bavaria in Munich, Germany. The
Lottery may extend the contract up to five additional years.
Scientific Games will migrate LOTTO Bayern's existing central
gaming system to the Company's advanced, new SYMPHONY™
technology over the next year. SYMPHONY is Scientific Games'
newest digital lottery business platform and games technology
designed to support new channels and easily integrate third-party
solutions through secure, open interfaces.
LOTTO Bayern becomes one of the first lotteries in the world to
install the new self-contained SYMPHONY system. Scientific
Games, Europe's largest lottery
technology and business solutions provider, also supplies retail
technology, instant games, sports betting and other online services
to LOTTO Bayern.
"For more than 25 years, LOTTO Bayern has trusted Scientific
Games to provide best-in-class lottery products and solutions to
serve its retailers and entertain players," said Pat McHugh, Group Chief Executive, Lottery for
Scientific Games. "Our new SYMPHONY open-architecture gaming
system advances LOTTO Bayern's operations and helps drive maximum
profits for beneficiaries."
With online/mobile sales and up to 3,500 licensed retail
points-of-sale, state-owned LOTTO Bayern is the second largest of
16 German lotteries. The Lottery's proceeds support many state
programs including sports, welfare, monument protection and nature
conservation.
"It's important for Scientific Games to provide our lottery
customers with market-driven, cloud-ready and ultra-reliable
systems, like SYMPHONY," said Matthias Müller, VP Sales
& Marketing International Lottery Accounts for Scientific
Games. "SYMPHONY accelerates time-to-market for new products
and services while integrating new solutions to implement new
games, providing LOTTO Bayern players with the latest
state-of-the-art technology."
Scientific Games provides games, technology and services to more
than 150 lotteries in 50 countries around the globe.
© 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.
View original content to download
multimedia:http://www.prnewswire.com/news-releases/scientific-games-seals-new-four-year-technology-contract-with-germanys-lotto-bayern-301032941.html
SOURCE Scientific Games Corporation