Scientific Games' Scratch-Offs Partner Florida Lottery Breaks Another U.S. Record For Weekly Sales
Record Week of Instant Game Sales Will Contribute $23 Million+ to Education in Florida
LAS VEGAS and ATLANTA, March 28, 2019 /PRNewswire/ -- Scientific Games Corporation (NASDAQ: SGMS) ("Scientific Games" or the "Company") congratulates longtime instant game partner the Florida Lottery (the "Lottery") on breaking another U.S. record for single week retail sales of instant games. Floridians purchased $126,250,558 in Scratch-offs the week ending March 3rd, 2019, which generated more than $23.3 million for the Educational Enhancement Trust Fund that benefits Florida students. The record week of instant game sales crushed the Lottery's previous U.S. record of $123,841,386 set in 2018. This record week comes just six months after the Lottery announced seven consecutive years of record-breaking annual sales for fiscal year 2018.
The new weekly sales record week was driven by the Lottery's newly launched $30 game $15 Million Gold Rush Special Edition, which alone garnered sales of $29.5 million in the week ending March 3rd. The hit $30 game is an addition to the Lottery's popular Gold Rush "family" of games offered at the $1, $2, $5, $10 and $20 pricepoints. As a whole, the Gold Rush family sold $62.88 million in the week ending March 3rd.
Additionally, the Florida Lottery's newest $5 game $1,000,000 Luck set a one-week sales record for $5 games with $8.91 million in sales.
All of these games were provided by Scientific Games, the world's largest designer, manager and manufacturer of lottery instant games. The Company is the Lottery's longtime Scratch-offs provider, currently supplying 99 percent of the Lottery's instant games.
Jim Poppell, Florida Lottery Secretary, said, "We don't set out to break national lottery industry records, we set out to generate funding to enhance education in Florida. These records are just a testament to the careful research, planning and marketing that goes into our scratch-off games so they provide a fun, entertainment value to Floridians. It's great to see our players having fun, and we look forward to continuing to provide them the best games available."
Instant games are an important part of the Florida Lottery's portfolio of games, comprising about 69.4 percent of its total sales in fiscal year 2018. The Lottery participates in Scientific Games Enhanced Partnership program which provides instant game design, programming, manufacturing, inside sales, marketing, warehousing, distribution and retail services. The Company serves more than 13,000 Florida Lottery retailers from its facility in Orlando.
"Scientific Games congratulates the Florida Lottery on another record sales week for Scratch-offs. We are honored to be the Lottery's instant games partner and assist in their mission to generate maximum funding for education in the state," said John Schulz, Senior Vice President, Instant Products for Scientific Games. "This success comes from many years of working very closely together to create and market games that drive results."
Scientific Games launched the world's first secure instant game in 1974. The Company provides games, technology and services to more than 150 lotteries around the globe, including nearly every North American lottery.
© 2019 Scientific Games Corporation. All Rights Reserved.
About Scientific Games
Scientific Games Corporation (NASDAQ: SGMS) is a world leader in entertainment offering dynamic games, systems and services for casino, lottery, social gaming, online gaming and sports betting. Scientific Games offers the gaming industry's broadest and most integrated portfolio of game content, advanced systems, cutting-edge platforms and professional services. Committed to responsible gaming, Scientific Games delivers what customers and players value most: trusted security, engaging entertainment content, operating efficiencies and innovative technology. For more information, please visit scientificgames.com.
The information contained on, or that may be accessed through, our website is not incorporated by reference into, and is not a part of, this document.
Company Contacts:
SG Lottery Communications:
Therese Minella, APR +1 770-825-4219
Director, Lottery Communications
[email protected]
Corporate Communications:
Susan Cartwright +1 702-532-7981
Vice President, Corporate Communications
[email protected]
Forward-Looking Statements
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 can be identified by words such as "will," "may," and "should." These statements are based upon management's current expectations, assumptions and estimates and are not guarantees of timing, future results or performance. Therefore, you should not rely on any of these forward-looking statements as predictions of future events. Actual results may differ materially from those contemplated in these statements due to a variety of risks and uncertainties and other factors, including those factors described 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 28, 2019 (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.
SOURCE Scientific Games Corporation
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