5-Year Agreement to Supply Instant Ticket Cooperative Services
Sep. 8, 2009 (PR Newswire) --
NEW YORK, Sept. 8 /PRNewswire-FirstCall/ -- Scientific Games (Nasdaq: SGMS) announced that it has been awarded a contract with the Staatliche Toto-Lotto GmbH Baden-Wurttemberg in Germany to supply instant tickets and cooperative services. The contract began August 2009, has an initial term of five years and includes additional one-year contract extension options. Scientific Games will be the exclusive supplier of instant tickets for Baden-Wurttemberg and will be consulting on marketing support, game design and production matters. Baden-Wurttemberg has a population of 10.7 million people, which represents the largest cooperative services contract in Germany. Revenues to Scientific Games will be based on a percentage of instant ticket retail sales.
"We are extremely pleased to partner with the Staatliche Toto-Lotto GmbH Baden-Wurttemberg. Baden-Wurttemberg is the largest cooperative services contract we have won in Germany, which is strong affirmation for the potential of our products and services in the German market," said Joe Wright, CEO of Scientific Games. "This is also further proof that partnership is a promising model for the future of German lotteries."
"We are looking forward to working together with Scientific Games to further develop the success of instant tickets by improving our products and service quality," said Dr. Friedhelm Repnik, Managing Director of the Staatliche Toto-Lotto GmbH Baden-Wurttemberg. "We have witnessed Scientific Games' success in Germany and other European countries and we hope to see the same in Baden-Wurttemberg."
In 2008, the Staatliche Toto-Lotto GmbH Baden-Wurttemberg generated approximately $1.2 billion in lottery retail sales.
About Scientific Games
Scientific Games Corporation is a leading integrated supplier of instant tickets, systems and services to lotteries worldwide, a leading supplier of server based gaming machines and systems, Amusement and Skill with Prize betting terminals, interactive sports betting terminals and systems, and wagering systems and services to pari-mutuel operators. It is also a licensed pari-mutuel gaming operator in Connecticut, Maine and the Netherlands and is a leading supplier of prepaid phone cards to telephone companies. Scientific Games' customers are in the United States and more than 60 other countries. For more information about Scientific Games, please visit our web site at www.scientificgames.com.
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