NEW YORK, Aug. 7, 2013 /PRNewswire/ -- Scientific Games Corporation (Nasdaq: SGMS) today announced that the Company has signed contracts to provide terminals, installation and support services for approximately 5,000 modular WAVE™ M lottery retail terminals and an AEGIS NGS Instant Game Engine for Norsk Tipping, the national lottery in Norway. The contracts followed a competitive procurement. The Company will provide maintenance and support for the terminals for five years following the date on which the first terminal is in commercial production. Terminal delivery and installation is expected to begin in April 2014. Scientific Games will also develop a state-of-the-art AEGIS NGS Instant Game Engine for Norsk Tipping and provide maintenance of the system for four years.
"We have worked closely with Scientific Games for seven years on several large technology projects," stated Torbjorn Almlid, CEO of Norsk Tipping. "They understand our complex business needs and we trust their technological expertise and quality of service. We feel confident their modern terminals and instant game system will help to grow our sales."
"As the existing supplier of terminals, an instant game system and recently deployed sports betting and numbers game engines, we are honored to be selected once again for these vital parts of Norsk Tipping's business," said John Donahue, Managing Director, International Lottery Systems for Scientific Games. "We have proven we have the embedded knowledge and world-class technology to enable our customers to launch products more quickly and seamlessly than in the past. We look forward to continuing our long relationship with Norsk Tipping."
About Norsk TippingNorsk Tipping is
Norway's leading gaming company, wholly-owned by the Norwegian state, with a profit of $694 million in 2012. The company's main objectives are to provide the Norwegian people with responsible games and entertainment. The profits ensure a secure and long-term funding for the beneficiary organizations. The company offers in its product portfolio Tipping, Oddsen, Lotto, VikingLotto, Extra, Joker, Keno, Flax and EuroJackpot. In addition, Norsk Tipping offers interactive video terminals Multix and Belago.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
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
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts