Scientific Games to Supply Instant Tickets & Services
NEW YORK, Aug. 13 /PRNewswire-FirstCall/ -- Scientific Games (Nasdaq:
SGMS) announced that the United Kingdom's National Lottery Commission has
selected Camelot Group plc as the preferred bidder for the Third Lottery
operating license, following a competitive procurement. The 10-year license
is expected to begin in February 2009 following the completion of a
definitive agreement with the National Lottery Commission. Scientific Games
will be the supplier of instant tickets and related services to Camelot.
"We are pleased to congratulate Camelot on its winning bid for the U.K.
National Lottery license," said Lorne Weil, Chairman and CEO of Scientific
Games. "We have been a partner with Camelot since their launch of instant
tickets in 1995, and Camelot has always done an exceptional job of managing
the lottery; raising over 20 billion pounds Sterling for Good Causes since
its inception. We look forward to continuing this successful partnership
for the next decade."
"Scratchcards have been an important driver of growth for the U.K.
National Lottery and we are pleased to continue to work with Scientific
Games," commented Dianne Thompson CBE, Camelot Chief Executive. "They have
illustrated their commitment by establishing a headquarters in Leeds,
ensuring that National Lottery Scratchcards can be designed and produced in
the U.K., helping us introduce new Scratchcard games more quickly and
maximize returns to the Good Causes."
About Camelot Group
Camelot Group plc is the operator of The National Lottery(R) and is
committed to raising money for the Good Causes designated by Parliament.
Camelot is not responsible for distributing or awarding these funds; to
date, over 20 billion pounds has been raised for Good Causes by The
National Lottery, and more than 250,000 individual awards have been made
across the U.K. The National Lottery has given away over 29.4 billion
pounds in prizes and created more than 2,000 millionaires or
multi-millionaires since launch in 1994. For further information on
Camelot, The National Lottery and its games, please visit the following
websites: http://www.camelotgroup.co.uk and http://www.national-lottery.co.uk
About Scientific Games
Scientific Games Corporation is the leading integrated supplier of
instant tickets, systems and services to lotteries worldwide, a leading
supplier of fixed odds betting terminals 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 http://www.scientificgames.com.
Company Contact:
Investor Relations
Scientific Games Corporation
212-754-2233
Forward-Looking Statements
In this press release we make "forward-looking statements" within the
meaning of the U.S. 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 outcomes 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; technological
change; retention and renewal of existing contracts and entry into new
contracts; availability and adequacy of cash flow to satisfy obligations
and indebtedness or 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; dependence on suppliers and manufacturers;
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 included from time to time in our filings
with the SEC, including our most recent Annual Report on Form 10-K.
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
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Related links:
http://www.scientificgames.com
http://www.camelotgroup.co.uk
http://www.national-lottery.co.uk
http://www.prnewswire.com/comp/117695.html /
CONTACT:
Investor Relations, Scientific Games
Corporation, +1-212-754-2233
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