Exclusive Instant Ticket Concession in Italy Awarded to Consorzio Lotterie Nazionali
NEW YORK, May 14 /PRNewswire-FirstCall/ -- Scientific Games Corporation (Nasdaq: SGMS) today announced that the Amministrazione Autonoma dei Monopoli di Stato ("AAMS"), the Italian gaming regulatory body, awarded the new concession for the Scratch & Win instant ticket lottery to Consorzio Lotterie Nazionali ("CLN") for nine years. As the only party awarded a concession, CLN will continue to be the exclusive manager of Scratch & Win in Italy.
CLN is comprised of Lottomatica Group, Scientific Games, Arianna and other associates.
Over the past six years Scratch & Win has become the world's leading instant ticket lottery. As a result of the new concession award, CLN will continue to develop and expand its product offering.
"Scientific Games is proud to have again been selected, as part of CLN, to be the sole provider of instant tickets in Italy. I remain confident that CLN is well-positioned to succeed in leading the way toward future growth in Italy," said Michael R. Chambrello, President and CEO of Scientific Games.
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. The Company's customers are in the United States and more than 50 countries. For more information about the Company, please visit our website at http://www.scientificgames.com.
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Scientific Games |
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212-754-2233 |
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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 Corporation
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