Scientific Games Corporation

Scientific Games to Report First Quarter 2020 Results on Monday, May 11, 2020

Retrieved on: 
Friday, May 8, 2020
Scientific Games Corporation, NASDAQ, Economy of the United States, Companies, Finance

LAS VEGAS, May 8, 2020 /PRNewswire/ -- Scientific Games Corporation (NASDAQ: SGMS) (the "Company") announced today it will release results for its first quarter ended March 31, 2020 on Monday, May 11, 2020, after market close.

Key Points: 
  • LAS VEGAS, May 8, 2020 /PRNewswire/ -- Scientific Games Corporation (NASDAQ: SGMS) (the "Company") announced today it will release results for its first quarter ended March 31, 2020 on Monday, May 11, 2020, after market close.
  • The Company will host an investor conference call and simultaneous webcast that day at 4:15 p.m. Eastern Time to discuss these results.
  • Analysts and investors on the conference call will have an opportunity to ask questions.
  • Scientific Games Corporation (NASDAQ: SGMS) is a leading developer of technology-based products and services and associated content for the worldwide gaming, lottery, social and digital gaming industries.

Scientific Games' Primary Provider Contract Extended By Missouri Lottery, One Of World's Top 20 Instant Game Lotteries

Retrieved on: 
Wednesday, April 29, 2020
Gambling, Economy of Missouri, Missouri Lottery, Games of chance, Lotteries in the United States, Scientific Games Corporation, Economy of the United States, Lotteries

The Company will continue serving as the Lottery's primary instant game provider through June 30, 2021.

Key Points: 
  • The Company will continue serving as the Lottery's primary instant game provider through June 30, 2021.
  • As the world's largest supplier of lottery instant games, Scientific Games currently creates and manufactures 90% of the Missouri Lottery's Scratchers.
  • The Missouri Lottery is ranked among the Top 20 lotteries in the world (FY2019 per capita sales, La Fleur's Almanac).
  • U.S.-based Scientific Games launched the world's first secure retail instant game in 1974, and the Company's products represent more than 70% of instant game retail sales globally.

Scientific Games' Decades Long Relationship With DC Lottery Continues With New Scratchers Contract

Retrieved on: 
Thursday, April 23, 2020
Gambling, Lotteries in the United States, D.C. Lottery, Lottery, Scientific Games Corporation

Scientific Games has provided innovative Scratchers game entertainment to the District of Columbia since the DC Lottery launched in 1982.

Key Points: 
  • Scientific Games has provided innovative Scratchers game entertainment to the District of Columbia since the DC Lottery launched in 1982.
  • Beth Bresnahan, Executive Director of the DC Lottery said, "There is a significant opportunity for growth in our instant portfolio.
  • In fiscal year 2019, the DC Lottery's Scratchers retail sales totaled $51.9 million (La Fleur's 2020 Almanac).
  • John Schulz, Senior VP Instant Products for Scientific Games, said, "Scientific Games is honored to continue serving as a trusted business partner to the DC Lottery.

Rich Schneider to join Scientific Games as Chief Product Officer

Retrieved on: 
Tuesday, April 21, 2020
Scientific Games Corporation, Barry Cottle, Chief product officer, Cottle, Business, Companies

LAS VEGAS, April 21, 2020 /PRNewswire/ -- Scientific Games Corporation (NASDAQ: SGMS) ("Scientific Games" or the "Company") announced today that Rich Schneider will join The Company in mid-2021 as Chief Product Officer.

Key Points: 
  • LAS VEGAS, April 21, 2020 /PRNewswire/ -- Scientific Games Corporation (NASDAQ: SGMS) ("Scientific Games" or the "Company") announced today that Rich Schneider will join The Company in mid-2021 as Chief Product Officer.
  • In this role, Schneider will oversee Scientific Games' product strategy, define R & D roadmaps and further Scientific Games' position as a product and technology leader in gaming.
  • "Rich's expertise in design, development and gaming makes him the perfect complement to our Scientific Games leadership team," said Scientific Games President and CEO Barry Cottle.
  • Most recently, Schneider served as Chief Product Officer at Aristocrat where he directed the creative studios, hardware development and product design.

Scientific Games Statement on Liquidity and Cost Savings Measures

Retrieved on: 
Tuesday, April 14, 2020
Scientific Games Corporation, NASDAQ, Economy of the United States, Companies, Finance

LAS VEGAS, April 14, 2020 /PRNewswire/ -- Scientific Games Corporation (NASDAQ: SGMS) ("Scientific Games" or the "Company") today stated that it has a strong liquidity position and has already cut more than $100 million in quarterly costs.

Key Points: 
  • LAS VEGAS, April 14, 2020 /PRNewswire/ -- Scientific Games Corporation (NASDAQ: SGMS) ("Scientific Games" or the "Company") today stated that it has a strong liquidity position and has already cut more than $100 million in quarterly costs.
  • The Company plans additional cost saving initiatives, including reductions in other operating expenses, that will lead to further potential savings.
  • 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.

Scientific Games Wins Iowa Lottery's 10-year Statewide New Gaming Systems Technology Contract

Retrieved on: 
Tuesday, April 7, 2020
Scientific Games Corporation, Lottery, Gambling, Lotteries in the United States, Economy of the United States, Entertainment

LAS VEGAS and ATLANTA, April 7, 2020 /PRNewswire/ -- Scientific Games Corporation (NASDAQ: SGMS) ("Scientific Games" or the "Company") announces it won the Iowa Lottery's (the "Lottery) 10-year contract for a new statewide gaming system to serve the lottery and the 2,400 retail locations where Iowa Lottery games are sold.

Key Points: 
  • LAS VEGAS and ATLANTA, April 7, 2020 /PRNewswire/ -- Scientific Games Corporation (NASDAQ: SGMS) ("Scientific Games" or the "Company") announces it won the Iowa Lottery's (the "Lottery) 10-year contract for a new statewide gaming system to serve the lottery and the 2,400 retail locations where Iowa Lottery games are sold.
  • The Iowa Lottery's gaming systems provider for the past 18 years, Scientific Games will deliver technology to the Iowa Lottery with minimal disruption to retail sales and responsibly generate vital funding for Iowa state programs, like university research, veterans and agriculture.
  • Scientific Games is working with the Iowa Lottery to finalize the contract and plan a seamless switch to the new technology.
  • 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 And Abacus Solutions Partner On Technology For Lottery Sales In Retail Check-Out Lanes

Retrieved on: 
Thursday, March 26, 2020
Scientific Games Corporation, Lotteries in the United States, Lottery, Online shopping, Economy

LAS VEGAS and ATLANTA, March 26, 2020 /PRNewswire/ -- Scientific Games Corporation (NASDAQ: SGMS) ("Scientific Games" or the "Company") announces a partnership with Abacus Solutions International Group ("Abacus") on a secure solution for shoppers to purchase lottery draw and instant games in retail checkout lanes.

Key Points: 
  • LAS VEGAS and ATLANTA, March 26, 2020 /PRNewswire/ -- Scientific Games Corporation (NASDAQ: SGMS) ("Scientific Games" or the "Company") announces a partnership with Abacus Solutions International Group ("Abacus") on a secure solution for shoppers to purchase lottery draw and instant games in retail checkout lanes.
  • Abacus, which has a significant penetration in supermarkets and big box stores, is a lottery technology partner that securely connects lottery systems technology directly through a retailer's point-of-sale technology.
  • The integration with the third-party solution from Abacus using their unique Fusion Platform will enable secure, in-lane lottery sales through Scientific Games' new SCiQ retail technology system and AEGIS lottery draw game systems technology, allowing shoppers to purchase instant and draw games at the checkout.
  • "This partnership with Abacus is another example of Scientific Games' commitment to invest in new retail innovation that opens opportunities for lotteries to bring products conveniently to players where they are," said Randall Lex, VP Lottery Retail Solutions for Scientific Games.

Scientific Games and BoyleSports, Ireland's Largest Bookmaker, Launch Upgraded Promote Screen Solution

Retrieved on: 
Thursday, February 27, 2020
Gambling, Entertainment, Bookmakers, BoyleSports, Sunderland A.F.C., Gaming, Scientific Games Corporation, Casino

LAS VEGAS, Feb. 27, 2020 /PRNewswire/ -- Scientific Games Corporation (NASDAQ: SGMS) ("Scientific Games" or the "Company") and BoyleSports have upgraded the Ireland bookmaker's screen solution from legacy technology to Promote, the world leading screen solution from the OpenEngage range of OpenSports.

Key Points: 
  • LAS VEGAS, Feb. 27, 2020 /PRNewswire/ -- Scientific Games Corporation (NASDAQ: SGMS) ("Scientific Games" or the "Company") and BoyleSports have upgraded the Ireland bookmaker's screen solution from legacy technology to Promote, the world leading screen solution from the OpenEngage range of OpenSports.
  • Additionally, BoyleSports will onboard new betting shops with the upgraded screen solution.
  • Jenna Boyle, BoyleSports Group Retail Director for BoyleSports, said, "We've used the Scientific Games' screen solution through its early development since 2001, which was a major factor in our decision to upgrade to their new Promote screen product.
  • Scientific Games Corporation (NASDAQ: SGMS) is a world leader in entertainment offeringdynamic games, systems and services for casino, lottery, social gaming, online gaming andsports betting.

Scientific Games Enters Historical Horse Racing Gaming Segment

Retrieved on: 
Thursday, February 20, 2020
Horse racing, Gambling, Sports betting, Sports, Scientific Games Corporation, Handicap race, Entertainment, Handicapping, Handicap

LAS VEGAS, Feb. 19, 2020 /PRNewswire/ --Scientific Games Corporation (NASDAQ: SGMS) ("Scientific Games" or the "Company") announced that it has developed, and Kentucky Horse Racing Commission (KHRC) has approved, their first generation of Historical Horse Racing (HHR) machines.

Key Points: 
  • LAS VEGAS, Feb. 19, 2020 /PRNewswire/ --Scientific Games Corporation (NASDAQ: SGMS) ("Scientific Games" or the "Company") announced that it has developed, and Kentucky Horse Racing Commission (KHRC) has approved, their first generation of Historical Horse Racing (HHR) machines.
  • Oak Grove Racing and Gaming in Oak Grove, Kentucky will receive its first delivery of machines when it opens its gaming facilities later in 2020.
  • Historical racing machines allow players to wager on previously-run horse races and to manually handicap the races using handicapping information provided in the games, if the players so choose.
  • "The team at Scientific Games is extremely excited to partner with CDI and Ainsworth in this new venture," said Robert Parente, EVP and Chief Revenue Officer for Scientific Games.

Churchill Downs Incorporated Partners with Scientific Games and Ainsworth on Advanced Historical Racing Machines

Retrieved on: 
Thursday, February 20, 2020
Churchill Downs Incorporated, Kentucky, Scientific Games Corporation, Ainsworth, CDI, Churchill Downs, Companies

LOUISVILLE, Ky., Feb. 19, 2020 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (CDI) (Nasdaq: CHDN) today announced a partnership with Scientific Games Corporation (Scientific Games) and Ainsworth Game Technology (Ainsworth) to introduce a newly developed historical racing machine (HRM).

Key Points: 
  • LOUISVILLE, Ky., Feb. 19, 2020 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (CDI) (Nasdaq: CHDN) today announced a partnership with Scientific Games Corporation (Scientific Games) and Ainsworth Game Technology (Ainsworth) to introduce a newly developed historical racing machine (HRM).
  • This newly engineered Scientific Games product, that has been granted approval from the Kentucky Horse Racing Commission, will operate on the Ainsworth proprietary HRM system.
  • Our guests will recognize the Scientific Games themes and they will love the way the games play.
  • The team at Scientific Games is extremely excited to partner with CDI and Ainsworth in this new venture, said Robert Parente, EVP and Chief Revenue Officer for Scientific Games.