Breaking News

Tweet TWEET

Scientific Games Selected by Delaware Lottery as Primary Vendor with 888 to Operate Internet Gaming Systems and Services

 Scientific Games Selected by Delaware Lottery as Primary Vendor with 888 to  Operate Internet Gaming Systems and Services  Recommended as internet gaming provider for the first U.S. state to implement  comprehensive intrastate iGaming including poker, slots and bingo; Williams  Interactive to provide game content  NEW YORK, May 3, 2013 /CNW/ - Scientific Games Corporation (Nasdaq: SGMS)  today announced that it has been selected with its partners as the primary  vendor team to operate Internet Gaming Systems and Services for the Delaware  State Lottery, subject to successful contract negotiations.  Scientific Games teamed with 888 Holdings (LSE: 888) and Williams Interactive  LLC, a wholly owned subsidiary of WMS Industries Inc. (NYSE: WMS), to provide  a full turnkey solution for the gaming platform, content, and operational  services using advanced responsible gaming tools and sophisticated player  tracking, in response to the Delaware State Lottery's Internet Gaming System  and Services request for proposal (RFP). The RFP includes internet poker,  casino table games, and video lottery games.  This joint effort combines 888's decade-long experience being at the forefront  of the online gaming industry with Scientific Games' proven ability to provide  added value, turnkey solutions to government-sponsored (B2G) and commercial  (B2B) gaming operators and Williams Interactive's premium iGaming products and  services.  The Lottery evaluation committee's recommendation followed a competitive  selection process designed to identify service providers best suited to serve  the needs of the Delaware Lottery.  The contract will be for an initial term  of five years and includes four additional one-year contract extension options.  Delaware became the first U.S. state to implement comprehensive intrastate  iGaming including poker, slots and bingo when the General Assembly passed the  Delaware Gaming Competitiveness Act of 2012 in June 2012. Delaware has long  been an industry model for state regulated gaming. This is another example of  Delaware's leadership in protecting state-sponsored gaming rights to maximize  proceeds for its citizens.  The Delaware Lottery will be the sole regulator of  real-money internet gaming for the State with the games branded and marketed  through the State's three casinos. The State plans to launch internet games  this year.  Lotteries are increasingly pursuing opportunities to develop additional  revenue sources for their good causes. This joint effort to support the  Delaware Lottery's expansion into internet gaming is a prime example of the  synergies that can be achieved by Scientific Games' pending acquisition of  WMS, as previously announced on January 31, 2013. Completion of the  transaction remains subject to approvals by WMS stockholders and gaming  regulatory authorities and other customary closing conditions.  About Scientific Games Scientific Games Corporation is a global leader in  providing customized, end-to-end gaming solutions to lottery and gaming  organizations worldwide. Scientific Games' integrated array of products and  services includes instant lottery games, lottery gaming systems, terminals and  services, and internet applications, as well as server-based interactive  gaming terminals and associated gaming control systems. For more information,  please visit our website at www.scientificgames.com.  Company Contact: Cindi Buckwalter, Investor Relations (212) 754-2233  About 888 Holdings  888 Holdings Public Limited Company (888) is one of the world's most popular  online gaming entertainment and solutions providers.  888 has been at the forefront of the online gaming industry for over a decade,  allowing both players and B2B partners to enjoy a world-class gaming  experience.  888's consumer facing websites offer more than just online gaming. They are  entertainment destinations, places where people can enjoy a truly interactive  experience and be part of an online community that shares common interests.  888 websites provide an enjoyable customer experience in a safe and secure  environment. 888 remains a leader in responsible gaming, with specialist  websites dedicated to both corporate responsibility and responsible gaming.  About Williams Interactive    Williams Interactive is a global provider of premium iGaming products and  services, from the white-label Play4Fun Network™ for locations where  real-money wagering is not yet allowed, to full casino Managed Services in  legalized real-money wagering jurisdictions. The company possesses a robust  portfolio of proven WMS Gaming slot themes including Gold Fish®, Glitz™,  Super Jackpot Party® and The Wizard of Oz™ already popular with internet  casino patrons across Europe.  More information can be found at  www.williamsinteractive.com.  Forward-Looking Statements In this press release, the Company makes  "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," "should," "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 contemplated 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;  technological change; retention and renewal of existing contracts and entry  into new or revised contracts; availability and adequacy of cash flows 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; inability to benefit from, and risks associated with, strategic  equity investments and relationships; failure of our Northstar Illinois joint  venture to meet the net income targets or otherwise to realize the anticipated  benefits under its private management agreement with the Illinois Lottery;  failure of our Northstar New Jersey joint venture to enter into the private  management agreement with the State of New Jersey (including as a result of  the pending protest) or to meet the net income targets or other requirements  under any such agreement or otherwise to realize the anticipated benefits  under any such agreement; the seasonality of our business; inability to obtain  the approvals required to complete the merger with WMS Industries Inc.  ("WMS"); failure to complete the merger with WMS or, if completed, failure to  achieve the intended benefits of such merger or disruption of our current  plans and operations; inability to identify and capitalize on trends and  changes in the lottery and gaming industries, including the potential  expansion of regulated gaming via the internet; inability to enhance and  develop successful gaming concepts; dependence on suppliers and manufacturers;  liability for product defects; fluctuations in foreign currency exchange rates  and other factors associated with international operations; influence of  certain stockholders; dependence on key personnel; failure to perform under  our 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 the Company's filings with the Securities and Exchange  Commission, including under the heading "Risk Factors" in the Company's  periodic reports. Forward-looking statements speak only as of the date they  are made and, except for the Company's ongoing obligations under the U.S.  federal securities laws, the Company undertakes no obligation to publicly  update any forward-looking statements whether as a result of new information,  future events or otherwise.  http://www.scientificgames.com  SOURCE: Scientific Games Corporation  To view this news release in HTML formatting, please use the following URL:  http://www.newswire.ca/en/releases/archive/May2013/03/c3449.html  CO: Scientific Games Corporation ST: Delaware NI: CNO CPR ELE VNT