Scientific Games to Provide Race Book Services to Isle of Capri Casinos
August 26 2004 - 11:18AM
PR Newswire (US)
Scientific Games to Provide Race Book Services to Isle of Capri
Casinos NEW YORK, Aug. 26 /PRNewswire-FirstCall/ -- Scientific
Games Corporation (NASDAQ:SGMS) announced that it has been chosen
to provide complete race book services for the Isle of Capri Casino
(NASDAQ:ISLE) at Our Lucaya, Freeport in the Bahamas. The operation
is slated to open by September 8, 2004. "It is very exciting to
work with one of the top casino groups in the world to set up a
state-of-the-art race book," said Scientific Games Chairman and CEO
Lorne Weil. "Patrons at the Isle of Capri Casino will be able to
wager on horse and greyhound simulcast races on self-service
devices as well as at betting windows, while watching the races on
plasma monitors throughout the race book and select casino
locations. This is also a perfect showcase for our newest
Quantum(TM) line of products which allow broadband transmissions of
real time information for greater customer satisfaction and
wagering security." Scientific Games provides complete turnkey race
book services through two of its racing subsidiaries, Scientific
Games Racing LLC and Autotote Enterprises Inc., the operator of
Connecticut's OTB system. About Scientific Games Scientific Games
Corporation is the leading integrated supplier of instant tickets,
systems and services to lotteries, and the leading supplier of
wagering systems and services to pari-mutuel operators. It is also
a licensed pari-mutuel gaming operator in Connecticut and the
Netherlands and is a leading supplier of prepaid phone cards to
telephone companies. Scientific Games' customers are in the United
States and more than 60 other countries. For more information about
Scientific Games, please visit our web site at
http://www.scientificgames.com/. About Isle of Capri Casinos, Inc.
Isle of Capri Casinos, Inc., a leading developer and owner of
gaming and entertainment facilities, operates 18 casinos in 16
locations. The company owns and operates riverboat and dockside
casinos in Biloxi, Vicksburg, Lula and Natchez, Mississippi;
Bossier City and Lake Charles (2 riverboats), Louisiana;
Bettendorf, Davenport and Marquette, Iowa; and Kansas City and
Boonville, Missouri. The company also owns a 57 percent interest in
and operates land-based casinos in Black Hawk (two casinos) and
Cripple Creek, Colorado. Isle of Capri's international gaming
interests include a casino that it operates in Freeport, Grand
Bahamas, and a two-thirds ownership interest in casinos in Dudley
and Wolverhampton, England. The company also owns and operates
Pompano Park Harness Racing Track in Pompano Beach, Florida
Forward-Looking Statements In this press release we make
"forward-looking statements" within the meaning of the United
States Private Securities Litigation Reform Act of 1995. In some
cases, forward-looking statements can be identified by the use of
forward-looking terminology such as "may," "will," "estimate,"
"intend," "continue," "believe," "expect" or "anticipate," or the
negatives thereof, variations thereon or similar terminology. These
forward-looking statements generally relate to plans and objectives
for future operations and are based upon management's reasonable
estimates of future results or trends. Although we believe that the
plans and objectives reflected in or suggested by such
forward-looking statements are reasonable, such plans or objectives
may not be achieved. Actual results may differ from projected
results due, but not limited, to unforeseen developments, including
developments relating to the following: * economic, competitive,
demographic, business and other conditions in our local and
regional markets; * changes or developments in the laws,
regulations or taxes in the gaming and lottery industries; *
actions taken or omitted to be taken by third parties, including
customers, suppliers, competitors, members and shareholders, as
well as legislative, regulatory, judicial and other governmental
authorities; * changes in business strategy, capital improvements,
development plans, including those due to environmental remediation
concerns, or changes in personnel or their compensation, including
federal, state and local minimum wage requirements; * the
availability and adequacy of our cash flow to satisfy our
obligations, including our debt service obligations and our need
for additional funds required to support capital improvements,
development and acquisitions; * an inability to renew or early
termination of our contracts; * an inability to engage in future
acquisitions; * the loss of any license or permit, including the
failure to obtain an unconditional renewal of a required gaming
license on a timely basis; and * resolution of any pending or
future litigation in a manner adverse to us. Actual future results
may be materially different from what we expect. We will not update
forward-looking statements even though our situation may change in
the future. Company Contact: Lisa D. Lettieri Scientific Games
Corporation 212-754-2233 DATASOURCE: Scientific Games Corporation
CONTACT: Lisa D. Lettieri, Scientific Games Corporation,
+1-212-754-2233, Web site: http://www.scientificgames.com/ Company
News On-Call: http://www.prnewswire.com/comp/117695.html
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