Corporate Social Responsibility | Business Wire | PR NewsWire | Marketwire | Realwire | ACN/JCN newswire | 247pressrelease | PRWeb

Scientific Games Awarded Wisconsin Instant Ticket Contract

Posted : Tue, 03 Nov 2009 21:06:46 GMT
Author : Scientific Games Corporation
Category : Press Release
News Alerts by Email ( click here )
News | Home
NEW YORK, Nov. 3 NY-ScientificGames-WI

NEW YORK, Nov. 3 /PRNewswire-FirstCall/ -- Scientific Games Corporation (Nasdaq: SGMS) announced it has been selected to supply instant tickets to the Wisconsin Lottery, upon completion of an open and competitive procurement process. The contract begins in November 2009, has an initial term of two years and includes three one-year mutual contract extension options. Revenue to Scientific Games is based on a price per thousand.

"We are very grateful to once again be chosen to supply instant tickets for the Wisconsin Lottery," commented Mike Chambrello, President and COO of Scientific Games Corporation. "We have worked with the Wisconsin Lottery since its inception, over 20 years ago, and we look forward to continue assisting the Lottery and watching them grow and prosper."

In fiscal year 2009, the Wisconsin Lottery generated $473 million in retail sales, of which $277 million, or 58%, was derived from instant ticket sales. Approximately $130 million of those sales went towards property tax relief in Wisconsin.

About Scientific Games

Scientific Games Corporation is a leading integrated supplier of instant tickets, systems and services to lotteries worldwide, a leading supplier of server based gaming machines and systems, Amusement and Skill with Prize betting terminals, interactive sports betting terminals and systems, and wagering systems and services to pari-mutuel operators. It is also a licensed pari-mutuel gaming operator in Connecticut, Maine 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 www.scientificgames.com.

    Company Contact
    Investor Relations
    Scientific Games
    212-754-2233

Forward-Looking Statements

Certain statements in this press release constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements describe future expectations, plans, results or strategies and can often be identified by the use of terminology such as "may," "will," "estimate," "intend," "continue," "believe," "expect," "anticipate," "could," "potential," "opportunity," or similar terminology. These statements are based upon management's current expectations, assumptions and estimates and are not guarantees of future results or performance. Actual results may differ materially from those projected in these statements due to a variety of risks and uncertainties and other factors, including, among other things: competition; material adverse changes in economic and industry conditions in our markets; recent changes to certain contracts; technological change; retention and renewal of existing contracts and entry into new contracts; availability and adequacy of cash f to satisfy obligations and indebtedness of future needs; protection of intellectual property; security and integrity of software and systems; laws and government regulation, including those relating to gaming licenses, permits and operations; inability to identify, complete and integrate future acquisitions; seasonality; ability to enhance and develop successful gaming concepts; influence of certain stockholders; dependence on suppliers and manufacturers; liability for product defects; factors associated with foreign operations; dependence on key personnel; failure to perform on contracts; resolution of pending or future litigation; labor matters; and stock price volatility. Additional information regarding risks and uncertainties and other factors that could cause actual results to differ materially from those contemplated in forward-looking statements is set forth from time to time in our filings with the SEC, including under the heading "Risk Factors" in our Current Report on Form 8-K filed on May 18, 2009 and in our most recent Quarterly Report on Form 10-Q. Forward-looking statements speak only as of the date they are made, and except for our ongoing obligations under the U.S. federal securities laws, we undertake no obligation to publicly update any forward-looking statements whether as a result of new information, future events or otherwise.

SOURCE Scientific Games Corporation


Copyright © 2008 PR Newswire. All rights reserved.

Share/Save/Bookmark

Article : Scientific Games Awarded Wisconsin Instant Ticket Contract
Print this article
Share this article

Stay Updated

News gadget on your Google homepage
Subscribe to a news feed in Google Reader



Related News

Beverage Plus Announces Its NASCAR Stock Car Sponsorships at Homestead-Miami Speedway
LAS VEGAS, NV -- 11/21/09 -- Beverage Plus Holdings Corporation (PINKSHEETS: CLNP) and FCBBI AG (FRANKFURT: 3FC.de), jointly announce the sponsorship by Beverage Plus and the MC2 Energy Drink of several important motorsport sponsorships this weeken..

Senate Poised to Advance Majority Leader Reid's Anti-Life Bill
AUL Action Campaign: Vote NO on Cloture "This bill provides for unprecedented expansion of federally-funded abortion. Real health care respects life, not ends it." Charmaine Yoest WASHINGTON, Nov. 21 /PRNewswire-USNewswire/ -- ...

College Urges Students to Butt Out for Good
Vancouver Career College introduces stop smoking campaign at Surrey campus/I/P PSurrey, BC (Vocus) November 21, 2009 -- According to Health Canada, over 37,000 people will die this year in Canada because of smoking. While the percentage of smokers in Canada has decreased greatly in rece...

Asia's Foremost CSR Awards Programme Awards Winners
Manila, Nov 21, 2009 - (ACN Newswire) - Five companies from India, Pakistan, Philippines and Singapore were recognized for their outstanding initiatives in corporate social responsibility during the Asian CSR Awards, which is a part of the 8th Asian Forum on Corporate Social Responsibility(AFCSR) in...

Origin Agritech Announces Final Approval of World’s First Genetically Modified Phytase Corn
BEIJING - Origin Agritech Limited (NASDAQ GS: SEED) (“Origin”), a leading technology-focused supplier of crop seeds and agri-biotech research in China, today announced it has received the Bio-safety Certificate from the Ministry of Agriculture as a final approval for comme

22nd Annual Help the Homeless Walkathon Takes Place on the National Mall
WASHINGTON, Nov. 21 --Today, thousands of people from the D.C. metropolitan area came together on the National Mall for the 22(nd) Annual Help the Homeless 5K Walkathon. This year's Help the Homeless Program beneficiaries are 134 nonprofit organizations that w...

Panasonic to Launch Marketing Campaign for Vancouver 2010 Olympic Winter Games
Tokyo, Nov 20, 2009 - (JCN Newswire) - Panasonic Corporation, the Official Worldwide Olympic Partner in the Audio and Visual Equipment category for the Vancouver 2010 Olympic Winter Games, announced it will bring its Full HD 3D Plasma Home Theater System* to the City of ...

Have your Say
Name
Email
Subject
Your Comment

Enter Verification code
 
  

 
Follow The Earth Times
Subscribe to RSS Follow Earth Times on TwitterNews by email
Share/Save/Bookmark
 
 



 
Subscribe to free Earthtimes
News Alerts by Email Click here
For RSS Feeds Click here
or Create your own RSS

Add to Google Toolbar
Breaking News
Press Releases

 


The Earth Times
News Category

© 2009 www.earthtimes.org, The Earth Times, All Rights Reserved | Privacy Policy
Earth Times accept no responsibility or liability either directly or indirectly for views or opinions expressed in articles or comments.