Scientific Games Receives Arizona Contract

Stock quotes in this article: SGMS  

NEW YORK (AP) — Casino equipment maker Scientific Games Corp. said Monday that it received an Arizona lottery instant ticket contract in which it will serve as the state's primary vendor.

Terms were not disclosed.

The pact, which has an initial five-year term and five one-year options, is anticipated to result in about $2 million in revenue per year.

The contract is set to start on Jan. 14, 2010.

The Arizona pact is the latest for Scientific Games, which received a new contract from the Massachusetts State Lottery and a contract extension from the California State Lottery last month.

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