NEW YORK, Sept. 1, 2014 /PRNewswire/ -- Scientific Games
Corporation (NASDAQ: SGMS) ("Scientific Games" or the "Company")
today announced the appointment of Dan
Savage as Vice President, Corporate Marketing. In this role,
Savage will work closely with the Company's Gaming, Lottery and
Interactive groups to identify, evaluate and leverage opportunities
to increase player appeal and positioning in the marketplace.
Additionally, he will provide leadership in the planned integration
of Scientific Games and Bally Technologies, Inc. ("Bally").
Gavin Isaacs, President and Chief
Executive Officer of Scientific Games said, "Dan is a passionate
leader with an eye for detail and an unwavering commitment to
continuous improvement. His expertise in marketing, product
definition, brand management, product and customer research, and
experience in company integrations will greatly benefit and speed
the transformation of Scientific Games as we begin this exciting
new journey as a larger, customer-centric company."
Most recently, Savage served as Vice President, Corporate
Marketing at Bally from 2008 until 2013, where he was responsible
for overall branding of the company, products and product
differentiation. A Master Black Belt – Six Sigma, Savage was
formerly head of one of the business units of 3M Company, where he
also served as global business manager for 3M Touch Systems, a
leading supplier of touch-screen displays to the gaming industry.
He has worked in several technical companies in progressively
responsible positions in business, sales, marketing and product
management.
Savage said, "There is nothing more important than building
trust, integrity and ongoing value in the Company's brand. I look
forward to building a world-class team that helps deliver the most
compelling gaming experiences in the industry."
About Scientific Games
Scientific Games Corporation
is a leading developer of technology-based products and services
and associated content for worldwide gaming and lottery
markets. The Company's portfolio includes instant and
draw-based lottery games; electronic gaming machines and game
content; server-based lottery and gaming systems; sports betting
technology; loyalty and rewards programs; and social, mobile and
interactive content and services. For more information,
please visit: www.scientificgames.com.
Company Contacts
Investor Relations: Bill
Pfund (847) 785-3167
Media Relations: Mollie Cole (773) 961-1194
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 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 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 lottery retail sales or gross gaming revenues
and reductions in or constraints on capital spending by gaming or
lottery operators; slow growth of new gaming jurisdictions; slow
addition of casinos in existing jurisdictions; declines in the
replacement cycle of 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
regulation, including those relating to gaming licenses and
environmental laws; inability to identify and capitalize on trends
and changes in the lottery and gaming industries, including the
expansion of interactive gaming; dependence upon key providers in
our social gaming business; inability to retain or renew existing
contracts or enter into new contracts, or less favorable
modifications to existing contracts; level of our indebtedness;
unavailability or inadequacy of cash flows to satisfy obligations
or future needs; restrictions and covenants in our debt agreements;
protection of our intellectual property, ability 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
meet the net income targets or otherwise to realize the anticipated
benefits under its private management agreement with the
Illinois lottery, (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 (including as a result of a protest) 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 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 complete and integrate future acquisitions, including the
pending acquisition of Bally Technologies, Inc. ("Bally") due to
the failure to obtain the required approvals or debt financing or
otherwise; litigation related to the pending Bally acquisition;
disruption of our current plans and operations as a result of the
pending Bally acquisition; costs, charges and expenses related to
the pending Bally acquisition; the failure to realize the intended
benefits of the pending Bally acquisition, including the inability
to realize the anticipated synergies in the anticipated amounts or
within the contemplated time-frames or cost expectations, or at
all; restructuring costs; revenue recognition standards and
impairment charges; 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 import of our
products; dependence on our 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 under the heading "Risk Factors" in our most recent
Annual Report on Form 10-K. 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