NEW YORK, May 2, 2013 /PRNewswire/ -- Scientific Games Corporation (Nasdaq: SGMS) today announced that it has been selected with its partners as the primary vendor team to operate Internet Gaming Systems and Services for the Delaware State Lottery, subject to successful contract negotiations.
Scientific Games teamed with 888 Holdings (LSE: 888) and Williams Interactive LLC, a wholly owned subsidiary of WMS Industries Inc. (NYSE: WMS), to provide a full turnkey solution for the gaming platform, content, and operational services using advanced responsible gaming tools and sophisticated player tracking, in response to the Delaware State Lottery's Internet Gaming System and Services request for proposal (RFP). The RFP includes internet poker, casino table games, and video lottery games.
This joint effort combines 888's decade-long experience being at the forefront of the online gaming industry with Scientific Games' proven ability to provide added value, turnkey solutions to government-sponsored (B2G) and commercial (B2B) gaming operators and Williams Interactive's premium iGaming products and services.
The Lottery evaluation committee's recommendation followed a competitive selection process designed to identify service providers best suited to serve the needs of the Delaware Lottery. The contract will be for an initial term of five years and includes four additional one-year contract extension options.Delaware became the first U.S. state to implement comprehensive intrastate iGaming including poker, slots and bingo when the General Assembly passed the Delaware Gaming Competitiveness Act of 2012 in June 2012. Delaware has long been an industry model for state regulated gaming. This is another example of Delaware's leadership in protecting state-sponsored gaming rights to maximize proceeds for its citizens. The Delaware Lottery will be the sole regulator of real-money internet gaming for the State with the games branded and marketed through the State's three casinos. The State plans to launch internet games this year. Lotteries are increasingly pursuing opportunities to develop additional revenue sources for their good causes. This joint effort to support the Delaware Lottery's expansion into internet gaming is a prime example of the synergies that can be achieved by Scientific Games' pending acquisition of WMS, as previously announced on January 31, 2013. Completion of the transaction remains subject to approvals by WMS stockholders and gaming regulatory authorities and other customary closing conditions. 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 Contact: Cindi Buckwalter, Investor Relations(212) 754-2233 About 888 Holdings 888 Holdings Public Limited Company (888) is one of the world's most popular online gaming entertainment and solutions providers.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV