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Oct 04, 2013
NEW YORK – October 4, 2013 – Scientific Games Corporation (NASDAQ: SGMS) today announced that Michael Conforti, its Senior Vice President of International Business Development, was recognized with the Public Gaming Research Institute’s International Hall of Fame Award at a ceremony held this week at the 2013 North American State and Provincial Lottery Association’s annual conference in Providence, Rhode Island, US.
Joining 51 current members of the Lottery Industry Hall of Fame, Conforti was honored at a ceremony held at the Rhode Island Convention Center. Conforti, a 16-year veteran of the lottery industry, has traveled million of miles around the globe in his role leading Scientific Games’ international business development across each of the Company’s operating areas, including technology systems, instant game management services, interactive platforms, gaming products and services, and sports betting.
Most recently, he led a complex privatization effort in Greece, bringing Scientific Games together with a diverse group of industry leaders to manage the Hellenic Lotteries. A key architect and strategic leader during Scientific Games’ entrance into the China marketplace in 2008, Conforti continues to develop and expand the Company’s product portfolio in China. He has served in an instrumental role in architecture of lottery business operations in Europe, Australia, Latin America, Africa and other areas of Asia.
Conforti is an attorney and member of the Virginia State Bar and holds a Bachelor of Science degree from St. Lawrence University in New York and a Juris Doctorate from George Mason University School of Law in Virginia. He is based in Washington, D.C., where he lives with his wife and two children
“We congratulate Mike and are honored to have such a respected international leader representing Scientific Games and helping to grow the lottery industry in countries around the globe,” said Lorne Weil, Chairman and CEO, Scientific Games. “To have Mike inducted into the Lottery Industry Hall of Fame is a testament to his world-class management expertise in the government relations and overall business development aspects of the lottery industry.”
Conforti is the 13th inductee from Scientific Games to join the Lottery Industry Hall of Fame, which was established by the Public Gaming Research Institute in 2005 to honor professionals who have made significant contribution to the lottery industry’s success worldwide. Since the Hall of Fame began, twice as many Scientific Games professionals have been inducted than any other lottery industry vendor.
About Scientific Games
Scientific Games Corporation is a global leader in providing customized, end-to-end gaming solutions to lottery and gaming organizations worldwide. Scientific Games' integrated array of products and services includes instant lottery games, lottery gaming systems, terminals and services, and internet applications, as well as server-based interactive gaming terminals and associated gaming control systems. For more information, please visit our website at www.scientificgames.com.
Company Contacts
Investor Relations
Cindi Buckwalter, (212) 754-2233
Forward-Looking Statements
In this press release, the Company 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 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; material adverse changes in economic and industry conditions; technological change; retention and renewal of existing contracts and entry into new or revised contracts; availability and adequacy of cash flows to satisfy obligations and indebtedness or future needs; protection of intellectual property; security and integrity of software and systems; laws and government regulation, including those relating to gaming licenses, permits and operations; inability to identify, complete and integrate future acquisitions; inability to benefit from, and risks associated with, strategic equity investments and relationships; failure of our Northstar Illinois joint venture to meet the net income targets or otherwise to realize the anticipated benefits under its private management agreement with the Illinois Lottery; failure of our Northstar New Jersey 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); failure to realize the anticipated benefits related to the award to our consortium of an instant ticket concession in Greece; the seasonality of our business; failure to complete the pending acquisition of WMS Industries Inc. ("WMS") on a timely basis or at all, including due to the inability to obtain the gaming regulatory approvals required to complete the acquisition; disruption of our current plans and operations in connection with the WMS acquisition; 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 identify and capitalize on trends and changes in the lottery and gaming industries, including the potential expansion of regulated gaming via the internet; inability to enhance and develop successful gaming concepts; dependence on suppliers and manufacturers; liability for product defects; fluctuations in foreign currency exchange rates and other factors associated with international operations; influence of certain stockholders; dependence on key personnel; failure to perform under our contracts; resolution of pending or future litigation; labor matters and stock price volatility. Additional information regarding risks and 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 the Company's filings with the Securities and Exchange Commission ("SEC"), including under the heading "Risk Factors" in the Company's Annual Report on Form 10-K filed with the SEC on March 12, 2013 and in its subsequent periodic reports. Forward-looking statements speak only as of the date they are made and, except for the Company's ongoing obligations under the U.S. federal securities laws, the Company undertakes no obligation to publicly update any forward-looking statements whether as a result of new information, future events or otherwise.