NEW YORK, Jan. 14 /PRNewswire-FirstCall/ -- Scientific Games announced that it has been awarded a contract with the Sachsische LOTTO-GmbH in the German state of Saxony to supply instant tickets and cooperative services. The contract begins January 2010. Scientific Games will be the exclusive supplier of instant tickets for Saxony and will be consulting on marketing support, training and production matters. Saxony has a population of 4.2 million people and the tickets will be sold in 1,300 retailer shops all over Saxony.
"We are extremely pleased to partner with the Sachsische LOTTO-GmbH. The agreement with SACHSENLOTTO is the sixth cooperative services contract we have won in Germany and further proof of the proliferation of the partnership model internationally," said Mike Chambrello, CEO and President of Scientific Games.
"The most recent European Union Court of Justice cases have ruled in favor of state-sponsored control in order to prevent crime or addiction and we believe this clarification could give lotteries within the German Toto- and Lottoblock the ability to find new ways of operating responsibly and successfully, so that more lotteries will follow in Sachsen's footsteps."
"Our goal for the Sachsen Lottery is to responsibly transform new and modern lottery possibilities," said Wolfgang Bildstein, Managing Director of the Sachsische LOTTO-GmbH. "We strongly believe the Scientific Games instant ticket cooperative services model seems to be the most proven and pro-active in terms of improving products and service quality."
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. 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/.
Forward-Looking Statements
Certain statements in this press release constitute "forward-looking statements". 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; recent changes to certain contracts; technological change; retention and renewal of existing contracts and entry into new contracts; availability and adequacy of cash flow 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 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.
Company Contact Aimee Remey Investor Relations Scientific Games 212-754-2233
Scientific Games
CONTACT: Aimee Remey, Investor Relations, Scientific Games,
+1-212-754-2233
Web Site: http://www.scientificgames.com/
