LAS VEGAS and ATLANTA, Sept. 28,
2020 /PRNewswire/ -- Scientific Games
Corporation (NASDAQ: SGMS) ("Scientific Games" or the
"Company") congratulates the Oklahoma Lottery (or the
"Lottery") on surpassing the $1
billion in contributions to the Oklahoma Education Lottery
Trust Fund maximizing revenue for public education in the state.
The $1 billion milestone coincides
with the Oklahoma Lottery's 15th Anniversary, giving the
state cause to celebrate. The Oklahoma Lottery is one of the
youngest in the U.S. and has partnered with Scientific Games on all
of its games and technology since the Lottery's inception in
2005.
"When voters approved the Oklahoma Lottery in 2004, they did so
with the promise of increased funding for education. Today we
celebrate an accomplishment that has helped countless Oklahoma teachers and students," said
Jay Finks, Deputy Director of
Oklahoma Lottery. Finks will become the Executive Director on
November 1.
In 2017, the Oklahoma Lottery received profit relief through
state legislation, and entered a major growth phase with a
commitment to deliver additional dollars to Oklahoma education. Since the relief went into
effect July 1, 2017, scratcher game
retail sales have grown by almost 200%.
"The Oklahoma Lottery recognizes Scientific Games' partnership and commitment to helping
our organization succeed. Their contribution to our business
has been a major factor in our recent success and why we can
celebrate hitting the $1 billion
mark," said Finks.
Through its performance-driven
Scientific Games Enhanced Partnership program, the Company
provides Oklahoma Scratchers games as well as collaborating
with the Oklahoma Lottery's team on all of the components that make
an instant lottery program successful, including analytics and
insights, advanced logistics, and retailer optimization.
Additionally, Scientific Games provides the Lottery's central
gaming system and services across the network of 1,900 Oklahoma
Lottery retailers. The Company has a 50+ member staff based at its
Oklahoma City operations.
"On behalf of Scientific Games, we congratulate the Oklahoma
Lottery on topping $1 billion in
proceeds to education at its 15th Anniversary," said
John Schulz, SVP Instant Products
for Scientific Games. "We commend the Lottery for its vision and
commitment to maximizing profits to benefit education. It has been
an honor to support its leadership and the State of Oklahoma on this journey to
success."
U.S.-based Scientific Games launched the world's first secure
retail instant game in 1974, the first digital instant game in the
U.S. in 2014, and is the leading provider of lottery interactive
games, mobile apps, player loyalty programs and other interactive
products and services in the U.S. lottery industry. The company is
also the fastest growing lottery systems technology provider in the
U.S.
© 2020 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.
Media Inquiries:
Media@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 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, uncertainties and other
factors, including those factors described in our filings with the
Securities and Exchange Commission (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 February 18, 2020 (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