LAS VEGAS, May 4, 2016 /PRNewswire/ -- Scientific Games Corporation ("Scientific Games" or "the Company") (NASDAQ: SGMS) today announced the Quinault Beach Resort and Casino in Ocean Shores, Washington, has selected Scientific Games' industry-leading systems, games, and interactive solutions for its new casino expansion.
The $25 million Quinault Beach Resort expansion project, scheduled to be complete later this year, will add 70 percent more casino space to accommodate additional slot machines.
Quinault Beach Resort and Casino Chief Executive Officer Don Kajans said, "We went through a rigorous selection process before choosing to partner with Scientific Games, and ultimately it came down to which solutions would help us increase player satisfaction and coin-in. The Scientific Games' integrated systems and interactive portfolio will enable one single view of our player across multiple channels, providing us with powerful, actionable business intelligence that we'll use to create even more engaging experiences for our patrons."
As part of this major upgrade to its resort amenities, Quinault elected to upgrade their legacy Bally casino-management system with Scientific Games' modern and robust SDS™ slot accounting and player-tracking systems – the preferred choice of many of the world's largest casino operators.
To elevate excitement on their larger casino floor, Quinault Beach Resort is adding 100 new Scientific Games slot platforms and games. On the expanded Quinault Beach casino floor, players will experience the ALPHA 2™ Pro Wave®, ALPHA 2 Pro V27/27, and ALPHA 2 Pro V22/22 slot cabinets, along with engaging game titles including 88 Fortunes®, Ca$h'm If You Can!®, Precious Jade®, Lucky Tree®, and a number of premium licensed brands.
Quinault Beach Resort selected SG Universe™, a holistic mobile solution with compelling content for land-based casino operators to connect with players everywhere – all with a single view of the player through Core Systems Integration. Through award-winning platforms Mobile Concierge™, VenueBet™, and Play4Fun Network™, SG Universe enables casinos to increase player engagement between casino trips and reach patrons at home, on-the-go, and in the casino.
Scientific Games' President and Chief Executive Officer Gavin Isaacs said, "The fact that Quinault Beach chose our games, systems, and interactive solutions for their casino upgrade reflects confidence in our solutions to deliver tangible business value. SG Universe integrates with our SDS® system to provide a 360-degree view of the player – which is critical in attracting more revenue growth, increasing overall operational agility, and enabling better customer experiences. We are greatly appreciative of this expanded partnership with Quinault Beach."
In addition to the SDS slot-management solution, the savvy casino operator also chose to take advantage of these Scientific Games system innovations to improve operating efficiencies, customer service, drive revenue, and add excitement across the casino floor:
- iVIEW™ Display Manager ("DM") on-device messaging technology presents self-service player-account access, marketing messages, and secondary bonus games on the main game screen – without interrupting play.
- Elite Bonusing Suite™ ("EBS") enables operators to increase coin-in, carded play, and new player's club signups, while increasing engagement and excitement on the casino floor through 12 different secondary bonusing events.
- TableView is a table-management solution that replaces the manual player rating process with digital automation and integrates with the casino-management system to provide secure and instant access to table ratings and financial accounting data – thus enabling casinos to more efficiently and effectively reward and engage table players.
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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 shufflers; 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 ScientificGames.com.
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]
In this press release, Scientific Games 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," "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, declines in the replacement cycle of existing gaming machines and slow addition of casinos in existing jurisdictions; ownership changes and consolidation in the gaming industry, including by casino operators; 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, lottery and interactive industries; 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 indebtedness, other obligations or future cash needs; inability to reduce or refinance our indebtedness; restrictions and covenants in our debt agreements, including those that could result in acceleration of the maturity of our indebtedness; 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; 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 (including labor disputes), 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 the Company's 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 February 29, 2016 (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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