NEW YORK, Aug. 13, 2014 /PRNewswire/ -- Scientific Games Corporation (Nasdaq: SGMS) ("Scientific Games" or the "Company") today announced that it has signed an extension of its contract with the Minnesota Lottery to continue as a provider of instant lottery games. Under the agreement, the Company will continue as the secondary instant game provider to the Minnesota Lottery for two additional years beginning July 1, 2014.
"The extension of our instant games contract with Scientific Games demonstrates that the games they design and produce have served as a great asset to our instant game portfolio," said Ed Van Petten, Director of the Minnesota Lottery. "From licensed brands to unique play action and prize structures, these games are among the favorites with players in Minnesota. We have worked with Scientific Games since 1990 to create games that provide entertainment, value and engagement with the Lottery's brand. We are delighted to continue our collaboration to drive increased returns to the state's general fund and the environment."
In addition to traditional instant games, Scientific Games also provides the Minnesota Lottery with its Sciplay ™ ecommerce solution, which facilitates the sale of both draw games and eInstant games via web and mobile channels. In February 2013, Scientific Games and the Minnesota Lottery launched eScratch ™ games, representing the first-ever deployment of eInstant games by a U.S. lottery.
John Schulz, Senior Vice President, Instant Products for Scientific Games said, "Our work with the Minnesota Lottery has been a great example of innovating through customer solutions. We look forward to providing the Minnesota Lottery and its players with even more creative, engaging and relevant instant games over the next two years through this contract extension." In fiscal year 2013, the Minnesota Lottery generated more than $553 million in total retail sales, which included nearly $360 million in instant game products.About the Minnesota Lottery Raising more than $2.3 Billion for Minnesota. Every time Minnesotans play the Lottery, they give back to Minnesota. For every $1 spent on lottery tickets, approximately 24¢ goes to the great state of Minnesota. Over the years, players have helped the Lottery raise more than $2.3 billion — and this number grows every day! And since Lottery revenue is directed to the General Fund and the Minnesota environment, we all benefit. A little over half of the money from ticket sales has gone into the General Fund to support services like K-12 education, health care, aid to local governments and public safety. The rest of the revenue, more than $925 million, has helped the environment in many ways through the following funds: (1) the Environment and Natural Resources Trust Fund, (2) the Natural Resources Fund, and (3) the Game and Fish Fund. About Scientific Games Scientific Games Corporation is a leading developer of technology-based products and services and associated content for worldwide gaming and lottery markets. The Company's portfolio includes instant and draw-based lottery games; electronic gaming machines and game content; server-based lottery and gaming systems; sports betting technology; loyalty and rewards programs; and social, mobile and interactive content and services. For more information, please visit: http://www.scientificgames.com. Company ContactsInvestor Relations:Bill Pfund (847) 785-3167 Media Relations:Mollie Cole (773) 961-1194
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