Scientific Games Builds on Success of Lottery Instant Game Growth in Germany With New, Five-Year Contract
LAS VEGAS and ATLANTA, March 20, 2018 /PRNewswire/ — Scientific Games Corporation (NASDAQ: SGMS) («Scientific Games» or the «Company») today announced that the Company won a new, five-year contract from Lotto Rheinland-Pfalz GmbH (the «Lottery») to provide lottery instant games and its world-leading Cooperative Services Program (CSP) for instant game management in the southwest German state of four million residents.
Lotto Rheinland-Pfalz and Scientific Games have grown the Lottery’s instant product sales nearly 382 percent since the Cooperative Services Program launched 10 years ago. The Company has supplied instant games to the Lottery for more than 30 years and also provides its lottery central gaming system, retailer terminals and sports betting.
«Scientific Games has collaborated with Lotto Rheinland-Pfalz on a full category management approach to marketing their instant games, and we are honored to have their trust in our partnership and continue our great work together for another five years,» said John Schulz, Senior Vice President, Instant Products for Scientific Games.
CSP services provided to Lotto Rheinland-Pfalz from Scientific Games’ Bielefeld, Germany facility include marketing, consulting, design and production of instant games, as well as inside sales (Telsell) warehousing and distribution for the Lottery’s network of about 930 retailers.
«We are pleased that we were able to prevail in the Europe-wide tender and Lotto Rheinland-Pfalz once again chose Scientific Games as their instant games partner due to our local resources and knowhow, logistics infrastructure in close proximity to the Lottery’s premises and retail network, as well as our more than four decades of experience with instant games,» said Matthias Müller, Managing Director, Germany for Scientific Games.
Scientific Games launched the world’s first secure instant game in 1974 and currently supplies approximately 70 percent of lottery instant games worldwide. The Company provides games, technology and services to more than 150 lotteries around the globe, including all 16 German lotteries.
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About Scientific Games
Scientific Games Corporation (NASDAQ: SGMS) is a world leader in gaming entertainment offering the industry’s broadest and most integrated portfolio of game content, advanced systems, cutting-edge platforms and professional services. The Company is #1 in technology-based gaming systems, digital real-money gaming and sports betting platforms, casino table games and utility products and lottery instant games, and a leading provider of games, systems and services for casino, lottery and social gaming. 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 www.scientificgames.com
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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 and uncertainties and other factors, including those factors described in our filings with 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 March 1, 2018 (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.
SOURCE Scientific Games Corporation