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