LAS VEGAS, Dec. 9, 2016 /PRNewswire/ -- Scientific
Games Corporation (NASDAQ: SGMS) ("Scientific Games" or the
"Company") today announced the launch of the Company's new
TwinStar J43 curved, portrait-style slot platform. The
extraordinary cabinet debuted in locations on the Las Vegas Strip
and will be rolled out globally over the coming months.
The TwinStar J43 is currently approved in multiple
jurisdictions across North America
and will launch internationally during the 2017 calendar year.
The pioneering slot cabinet, the second in Scientific Games'
TwinStar family, delivers a portrait monitor presentation
with a 43-inch J-style curved 4K monitor, sleek new styling, and an
eye-catching lighting package with animated attraction sequences.
The larger iDeck touch-screen button deck provides enhanced
player interaction, and the multi-channel custom sound
package with a 5.25-inch subwoofer delivers extraordinary surround
sound, engrossing the player in the game. The TwinStar J43
supports game content from Bally, Shuffle Master, and
WMS.
This groundbreaking cabinet launched with the Asian-themed game
title Dancing Drums, a follow-on title to Scientific Games'
high-performing 88 Fortunes. Dancing Drums delivers
the player-favorite pick-em Fu Fly Feature, the popular
Fu Babies four-level near-area progressive jackpot, and a
free games bonus with an exciting re-trigger feature – all
featuring dazzling Asian imagery evoking luck and fortune.
Scientific Games is designing a porfolio of TwinStar J43
game titles planned to roll-out during 2017.
Derik Mooberry, Scientific Games'
Group Chief Executive of Gaming, said, "Our hardware development
team really outdid themselves this time, bringing forward a
beautifully designed slot platform that is sure to be an
attention-getter on casino floors, with its unique J-curved
portrait monitor, game-synchronized lighting, and theater-style
sound. I'm confident that players will be drawn not only to the
cabinet, but to the incredible porfolio of games that we are
creating to support this pioneering platform."
All ® notices signify marks registered in the United
States. © 2016 Scientific Games Corporation. All Rights
Reserved.
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
bill.pfund@scientificgames.com
Media Relations:
Scientific Games: Susan Cartwright + 702-532-7981
Vice President, Corporate Communications
Susan.cartwright@scientificgames.com
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," "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; 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 (including those fluctuations related to the
affirmative vote in the U.K. to withdraw from the EU), restrictions
on the payment of dividends from earnings, restrictions on the
import of products and financial instability, including the
potential impact to our business resulting from the affirmative
vote in the U.K. to withdraw from the EU and 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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SOURCE Scientific Games Corporation