Transformative New Platform Delivers Both WMS and Bally Content
Shipping Begins to Customers in Multiple Jurisdictions, Additional Approvals Expected in Weeks Ahead
LAS VEGAS, Dec. 14, 2015 /PRNewswire/ -- Scientific Games Corporation (NASDAQ: SGMS) ("Scientific Games" or "the Company") today announced gaming regulators have approved the new TwinStar dual-screen cabinet, a radical first in slot gaming – a stunning, single platform capable of delivering both WMS and Bally games with maximum results. The new cabinet is the first to incorporate the Company's next-generation ArgOs operating system providing enhanced game characteristics and play features, and will launch with new versions of some of the Company's most popular game titles, Goldfish Deluxe and Quick Shot Dwanwu.
The TwinStar cabinet, the ArgOS operating system and these two new game themes are approved in multiple jurisdictions, including California, Connecticut, Florida, Idaho, Indiana, Iowa, Oklahoma, Minnesota, Wisconsin and New York. Additional approvals are anticipated in the coming weeks.
Gavin Isaacs, President and CEO, said, "The TwinStar cabinet is a major achievement in our integration strategy, involving the collaboration of our hardware, operating systems, game development, quality assurance and many other support teams around the globe. I am delighted that the initial production of our TwinStar units is sold out for this quarter, with expected shipments to occur in the final weeks of December. With Twinstar and Dualos now approved, we have two innovative dual-screen video cabinets for our customers around the world."
The TwinStar for-sale cabinet features dual, vivid, 24-inch full HD displays and debuts the ArgOS state-of-the-art operating system that combines the best technology and content from two of the industry's strongest slot brands—Bally and WMS—giving casino operators the ability to adapt it for their players. Scientific Games' innovators have also developed exclusive new game titles for TwinStar to take advantage of the processing power of this trailblazing platform. Game themes will include player-favorite Bally and WMS brands such as Gold Fish Deluxe, Quick Hit, Quick Shot Dwanwu and Zeus, along with exciting new games Steam Dream and Hot Blooded.
"The approval of this cabinet heralds the next great evolution in casino gaming. No detail has been overlooked in creating this state-of-the-art platform," said Scientific Games' Senior Vice President & Chief Design Officer Allon Englman. Mr. Isaacs added. "TwinStar will give casinos a great deal of flexibility in choosing the very best content from two innovative and proven gaming brands to excite players and optimize the potential of their casino floor."
Featuring Scientific Games' new CPU 4X which offers 90 percent better processing power and unlocks a new level of gameplay and mathematical experiences, TwinStar builds on the award-winning iDeck button deck by offering a 40-percent larger area for player interaction. TwinStar's 22-inch full HD digital topper is offered in two distinctive styles. Both versions include chrome details, improved sound, and edge lighting, adding beauty and excitement to casino floors.
Englman notes that WMS and Bally brand content will preserve many of the features that players love, including Quick Hits symbol-driven multiple progressives and Goldfish's low volatility-high frequency hits.
About Scientific Games
Scientific Games Corporation (NASDAQ: SGMS) is a leading developer of technology-based products and services and associated content for worldwide gaming, lottery and interactive markets. The Company's portfolio includes gaming machines, game content and systems; table games products and utilities; instant and draw-based lottery games; server-based lottery and gaming systems; sports betting technology; loyalty and rewards programs; and interactive content and services. For more information, please visit www.scientificgames.com.
WMS, Bally, TwinStar iDeck, Gold Fish, Quick Hit, Quick Shot, Steam Dream, and Hot Blooded are marks owned by, or under license to or from, Scientific Games or one or more of its wholly owned subsidiaries in the United States or elsewhere. © 2015 Scientific Games. All rights reserved.
Company Contacts
Investor Relations:
Scientific Games: Bill Pfund +1 702-532-7663
Vice President, Investor Relations
[email protected]
Media Relations:
Scientific Games: Mollie Cole +1 773-961-1194
Director, Corporate Communications
[email protected]
Scientific Games: Mike Trask +1 702-532-7451
Senior Manager, Gaming Marketing
[email protected]
Forward-Looking Statements
In this press release, Scientific Games may 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," "plan," "continue," "believe," "expect," "anticipate," "target," "should," "could," "potential," "opportunity," "goal," or similar terminology. These statements are based upon management's current expectations, assumptions and estimates and are not guarantees of timing, 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; U.S. and international economic and industry conditions, including declines in or slow growth of gross gaming revenues or lottery retail sales, reductions in or constraints on capital spending by gaming or lottery operators and bankruptcies of, or credit risk relating to, customers; limited growth from new gaming jurisdictions, slow addition of casinos in existing jurisdictions and declines in the replacement cycle of existing gaming machines; ownership changes and consolidation in the casino industry; opposition to legalized gaming or the expansion thereof; inability to adapt to, and offer products that keep pace with, evolving technology; inability to develop successful gaming concepts and content; laws and government regulations, including those relating to gaming licenses and environmental laws; inability to identify and capitalize on trends and changes in the gaming and lottery industries, including the expansion of interactive gaming; dependence upon key providers in our social gaming business; inability to retain or renew, or unfavorable revisions of, existing contracts, and the inability to enter into new contracts; level of our indebtedness, higher interest rates, availability or adequacy of cash flows and liquidity to satisfy obligations or future cash needs, and restrictions and covenants in our debt agreements; protection of our intellectual property, inability to license third party intellectual property, and the intellectual property rights of others; security and integrity of our software and systems and reliance on or failures in our information technology systems; natural events that disrupt our operations or those of our customers, suppliers or regulators; inability to benefit from, and risks associated with, strategic equity investments and relationships, including (i) the inability of our joint venture to realize the anticipated benefits under its private management agreement with the Illinois lottery or from the disentanglement services performed in connection with the termination thereof, (ii) the inability of our 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 and (iii) failure to realize the anticipated benefits related to the award to our consortium of an instant lottery game concession in Greece; failure to achieve the intended benefits of the Bally acquisition or the WMS acquisition, other recent acquisitions, or future acquisitions, including due to the inability to successfully integrate such acquisitions or realize synergies in the anticipated amounts or within the contemplated time frames or cost expectations, or at all; disruption of our current plans and operations in connection with our recent acquisitions (including in connection with the integration of Bally and WMS), including departure of key personnel or inability to recruit additional qualified personnel or maintain relationships with customers, suppliers or other third parties; costs, charges and expenses relating to the Bally acquisition and the WMS acquisition; inability to complete or successfully integrate future acquisitions; incurrence of employee termination or restructuring costs, and impairment or asset write-down charges; changes in estimates or judgments related to our impairment analysis of goodwill or other intangible assets; implementation of complex revenue recognition standards; fluctuations in our results due to seasonality and other factors; dependence on suppliers and manufacturers; risks relating to foreign operations, including fluctuations in foreign currency exchange rates and restrictions on the payment of dividends from earnings, restrictions on the import of products and financial instability, including the potential impact to our instant lottery game concession or VLT lease arrangements resulting from the recent economic and political conditions in Greece; dependence on our key employees; litigation and other liabilities relating to our business, including litigation and liabilities relating to our contracts and licenses, our products and systems, our employees, intellectual property and our strategic relationships; influence of certain stockholders; and stock price volatility.
Additional information regarding risks, 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 Scientific Games' current reports on Form 8-K, quarterly reports on Form 10-Q and its latest annual report on Form 10-K filed with the SEC on March 17, 2015 (including under the headings "Forward Looking Statements" and "Risk Factors"). Forward-looking statements speak only as of the date they are made and, except for Scientific Games' ongoing obligations under the U.S. federal securities laws, Scientific Games undertakes no obligation to publicly update any forward-looking statements whether as a result of new information, future events or otherwise.
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SOURCE Scientific Games Corporation
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