NEW YORK, July 31, 2013 /PRNewswire/ -- Scientific Games Corporation (Nasdaq: SGMS) today announced that the Company has signed a contract with the Rhode Island Lottery to serve as the sole supplier of instant ticket printing services. The Company was selected following a competitive procurement process. The three-year contract, which began on July 1, 2013, includes options for the Lottery to extend the contract for five additional one-year periods. Revenue to Scientific Games will continue to be based on a price per thousand tickets basis.
"We are very pleased to again have the opportunity to provide the Rhode Island Lottery with instant ticket games," stated Jim Kennedy, Chief Marketing Officer and President, Printed Products for Scientific Games. "We have enjoyed a long-standing relationship and we feel gratified that the Lottery would like us to become the sole vendor, receiving 100% of the instant ticket printing orders for the State."
"We value the relationship we have with Scientific Games and look forward to continuing to work with them," said Gerald Aubin, Director, Rhode Island Lottery. "Our players have become accustomed to Scientific Games' creative and entertaining instant games and we hope our expanded relationship can raise more revenues for the citizens of Rhode Island."
In fiscal year 2012-2013, the Rhode Island Lottery had instant game lottery sales of nearly
$85 million, contributing to the Lottery's total revenue of approximately
$775 million and transfers to the State's General Fund of nearly
About Scientific GamesScientific 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.