NEW YORK, Sept. 8 /PRNewswire-FirstCall/ -- Scientific Games announced that it has been awarded a contract with the Staatliche Toto-Lotto GmbH Baden-Wurttemberg in Germany to supply instant tickets and cooperative services. The contract began August 2009, has an initial term of five years and includes additional one-year contract extension options. Scientific Games will be the exclusive supplier of instant tickets for Baden-Wurttemberg and will be consulting on marketing support, game design and production matters. Baden-Wurttemberg has a population of 10.7 million people, which represents the largest cooperative services contract in Germany. Revenues to Scientific Games will be based on a percentage of instant ticket retail sales.
"We are extremely pleased to partner with the Staatliche Toto-Lotto GmbH Baden-Wurttemberg. Baden-Wurttemberg is the largest cooperative services contract we have won in Germany, which is strong affirmation for the potential of our products and services in the German market," said Joe Wright, CEO of Scientific Games. "This is also further proof that partnership is a promising model for the future of German lotteries."
"We are looking forward to working together with Scientific Games to further develop the success of instant tickets by improving our products and service quality," said Dr. Friedhelm Repnik, Managing Director of the Staatliche Toto-Lotto GmbH Baden-Wurttemberg. "We have witnessed Scientific Games'' success in Germany and other European countries and we hope to see the same in Baden-Wurttemberg."
In 2008, the Staatliche Toto-Lotto GmbH Baden-Wurttemberg generated approximately $1.2 billion in lottery retail sales.
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 http://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.
Scientific Games
CONTACT: Investor Relations, Aimee Remey, Scientific Games,
+1-212-754-2233
Web Site: http://www.scientificgames.com/
