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Jan 09, 2020 | Atlanta and Las Vegas
LAS VEGAS and ATLANTA – January 8, 2020 – Scientific Games Corporation (NASDAQ: SGMS) (“Scientific Games” or the “Company”) has finalized a new five-year technology agreement with lottery partner Lotto Baden-Württemberg in Stuttgart in southwest Germany. The Company will launch its advanced, new SYMPHONY gaming systems technology, migrating the gaming system it currently provides over the next year. Scientific Games will provide Lotto Baden-Württemberg software support and maintenance for its world-class European technology facility in Vienna, Austria.
Pat McHugh, Group Chief Executive, Lottery for Scientific Games, said, “We thank Lotto Baden-Württemberg for its continued trust in our systems technology leadership with our new SYMPHONY gaming system. We will continue to provide the best products that drive the most profits for our lottery customers, their retailers and players with technology that securely integrates all game entertainment product lines and offers operational efficiencies. Lotto Baden-Württemberg is the first state-owned lottery company in Germany to implement SYMPHY, demonstrating great trust in Scientific Games.”
With over 3,000 licensed retailers, state-owned Lotto Baden-Württemberg is the third largest of 16 German state lotteries and generates almost €1 billion (Euro) in annual revenues, benefitting good causes like sports projects, art, cultural heritage preservation and other social programs.
Matthias Müller, Vice President Sales & Marketing for Scientific Games International Lottery Systems, said, “SYMPHONY is Scientific Games’ new digital business and games platform developed with a revolutionary architectural approach. It is designed to easily integrate third party solutions through its open interface. SYMPHONY is a self-contained system that can be deployed more efficiently than other systems, which allows a faster implementation of market requirements.”
Müller said the open SYMPHONY design will empower Lotto Baden-Württemberg to offer its players multi-channel functionalities and respond to their needs in a more focused and targeted way than ever before.
Currently the largest lottery technology provider in Europe and the fastest growing in the U.S., Scientific Games provides games, technology and services to more than 150 lotteries in 50 countries around the globe.
© 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 28, 2019 (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.