This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Scientific Games To Provide Instant Tickets And Cooperative Services To Loteria Electronica Internacional Dominicana S.A. In The Dominican Republic

NEW YORK, May 21, 2013 /PRNewswire/ -- Scientific Games Corporation (Nasdaq: SGMS) today announced that it has signed an instant ticket and cooperative services contract with Loteria Electronica Internacional Dominicana S.A. (LEIDSA), the largest electronic lottery licensed by Loteria Nacional de la Republica Dominicana (The Dominican Republic National Lottery).  Under the terms of the new contract, Scientific Games will supply instant lottery tickets and related cooperative services, including game design, a back office instant ticket system, marketing, training and support for inventory management and distribution.  The seven-year contract, which begins in May 2013, includes an option for LEIDSA to extend the contract for an additional three years. Revenue to Scientific Games will be based on a price-per-thousand tickets basis along with a percentage of instant ticket retail sales for providing cooperative services.

LEIDSA operates traditional draw-based lottery games through a network of approximately 1,800 points of sale throughout the Dominican Republic, which has a population of 9.5 million people.  Scientific Games will launch instant tickets for LEIDSA and will be the exclusive supplier for the term of the contract.

"We have a long history with LEIDSA and we are pleased to introduce instant tickets into their network of retailers using electronic validation," stated Lorne Weil, Chairman and Chief Executive Officer of Scientific Games. "LEIDSA is a well-known trusted brand with 15 years of experience in the Dominican Republic.  This recognized brand and intimate understanding of the local marketplace, combined with our advanced technology and best practices, should set LEIDSA's instant ticket product apart in the Dominican Republic."

"Scientific Games was an integral partner in helping us launch draw-based lottery games when we began with just one lottery game and 250 sales outlets," said Pedro Alegria, President of Loteria Electronica Internacional Dominicana S.A. "Given our positive past experience, Scientific Games' impressive suite of instant ticket products and services, and its wealth of local knowledge and global expertise, we are confident we can provide an exciting new product to our players and a significant new revenue stream for LEIDSA."

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

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

Chart of I:DJI
DOW 16,643.01 -11.76 -0.07%
S&P 500 1,988.87 +1.21 0.06%
NASDAQ 4,828.3250 +15.6170 0.32%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs