Scientific Games Signs Terminal Contract with Swiss Loterie Romande
NEW YORK, July 18, 2013
NEW YORK, July 18, 2013 /PRNewswire/ -- Scientific Games Corporation (Nasdaq:
SGMS) today announced that the Company has signed a contract with Societe de
la Loterie de la Suisse Romande (LoRo) to provide delivery, installation,
maintenance and support of approximately 3,000 new lottery retail terminals
along with new central application terminal software and related services. The
contract includes installation of both the WAVE™ and Flair™ retail terminals
that will utilize the same application to sell lottery draw games, instant
games and sports games. The contract was awarded through a competitive
"We selected Scientific Games based on the design of their WAVE and Flair
terminals and the single application that runs on both terminals," said
Jean-Luc Moner-Banet, CEO of Societe de la Loterie de la Suisse Romande.
"Scientific Games has also demonstrated to our respective departments that its
terminal concept optimizes maintainability and minimizes the number of cables
required. We appreciate the customization of their solutions to best match our
"LoRo is well recognized as one of the most innovative and forward-looking
lotteries in Europe," commented John Donahue, Managing Director, International
Lottery Systems for Scientific Games. "We are proud to be chosen by LoRo and
are confident the Swiss retailers and players will appreciate the more modern
About Loterie Romande
Loterie Romande was created in 1937 by five Swiss cantons (now six) in the
South/West of Switzerland. Loterie Romande was the first Lottery to sell
scratch ticket games with instant wins in Europe (in 1978).
In 2011, Loterie Romande generated lottery net sales (sales minus prizes) of
CHF370 million (equivalent to US$391 million) with a profit of CHF205 million
(ca. US$217 million) for good causes. Loterie Romande distributes all of its
profits to good causes. Since 1978, Loterie Romande gave more than CHF2.5
billion (ca. US$2.6 billion) to good causes.
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.
Cindi Buckwalter, Investor Relations
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 meet the net income targets or other
requirements under its agreement to provide marketing and sales services to
the New Jersey Lottery or otherwise to realize the anticipated benefits under
such agreement (including as a result of a protest); the seasonality of our
business; failure to complete the pending acquisition of WMS Industries Inc.
("WMS") on a timely basis or at all, including due to the inability to obtain
the gaming regulatory approvals required to complete the acquisition;
disruption of our current plans and operations in connection with the WMS
acquisition; failure to achieve the intended benefits of the WMS acquisition,
including due to the inability to realize synergies in the anticipated amounts
or within the contemplated time-frames or cost expectations, or at all;
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 ("SEC"), including under
the heading "Risk Factors" in the Company's Annual Report on Form 10-K filed
with the SEC on March 12, 2013 and in its subsequent 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.
SOURCE Scientific Games Corporation
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