LAS VEGAS and ATLANTA – March 23, 2021 – Scientific Games Corporation (NASDAQ: SGMS) (“Scientific Games” or the “Company”) announces that its longtime instant game partner the Florida Lottery (the “Lottery”) broke a fifth consecutive U.S. record for single week retail sales of Scratch-off games. Floridians purchased $193,542,083 in Scratch-offs the week ending February 28, 2021, shattering the previous record and generating more than $35.9 million for the Educational Enhancement Trust Fund to benefit Florida students.
“By launching new Scratch-Off games with a variety of play styles and price points, we are giving our players what they want, and the results speak for themselves,” said Florida Lottery Secretary John F. Davis. “This means that our players have more winning opportunities, retailers are earning higher commissions, and most importantly, more revenue is being generated for education in Florida.”
Scientific Games creates and manufactures Florida Lottery Scratch-off games and provides services to the Lottery through its Scientific Games Enhanced Partnership program, including game planning services, analytics and insights, advanced logistics, warehousing, distribution and retail services, from the Company’s facility in Orlando. The games are processed for distribution to more than 13,000 Florida Lottery retailers throughout the state using Scientific Games’ SciTrak™ technology which features predictive ordering software.
“Scientific Games congratulates the Florida Lottery on a fifth consecutive U.S. record sales week for Scratch-offs. Our collaboration gets better year after year, and while we don’t set out to break records we are truly honored to help create maximum funding for education in Florida,” said John Schulz, Senior Vice President, Instant Products for Scientific Games. “In a year where sales for so many retail products were adversely affected by the pandemic, the advanced logistics offered by the SGEP program kept the Florida Lottery’s Scratch-off products flowing to retailers and players.”
The Florida Lottery’s new U.S. record week of instant game retail sales crushed its own previous U.S. record of $149,808,655 set in 2020. This year’s record week comes six months after the Lottery announced nine consecutive years of record-breaking annual sales for fiscal year 2020. Scratch-off games comprised about 76.7% of its total sales in fiscal year 2020.
The new U.S. record week was driven by the Florida Lottery’s all new $30 Billion Dollar Gold Rush Supreme Scratch-off from Scientific Games, featuring 28 prizes from $1 million to $15 million, which alone topped $25.5 million in retail sales. Other top-sellers created by the Company included a Gold Rush Supreme family of games ($1, $2, $5 and $10) that recorded $32.7 million in sales for the week. The Gold Rush Supreme family has over $1.5 billion in prizes, with top prizes ranging from $10,000 to $15 million.
The Gold Rush Supreme family features a second-chance promotion where players enter non-winning tickets on the Florida Lottery’s website or mobile app. A progressive jackpot starts at $10,000 and increases as players enter their tickets online, with a ticker at the top of the web page updating continuously. The first progressive jackpot drawing rolled to over $800,000 after six weeks. In addition to the jackpot, the promotion features 40 prizes from $500 to $5,000. Thus far, more than 95,000 players have entered more than 2.8 million tickets into the Gold Rush Supreme promotion and more than 41 million entries were awarded.
During the Lottery’s record-breaking week, sales for all $30 games topped $40 million. Additionally, year-over-year sales for all $20 games grew 83.6% from the same week last year, led by Gold Rush Classic! and 200 Xs the Cash games with combined sales of $27.7 million in the record week, both created by Scientific Games.
Scientific Games launched the world’s first secure instant game in 1974 and is the largest creator, manufacturer and services provider of instant games in the world. The U.S.-based Company provides games, technology and services to more than 150 lotteries around the globe, including nearly every North American lottery.
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About Scientific Games
Scientific Games Corporation (NASDAQ: SGMS) is a world leader in entertainment offering dynamic games, systems and services for casino, lottery, social gaming, online gaming and sports betting. Scientific Games offers the gaming industry's broadest and most integrated portfolio of game content, advanced systems, cutting-edge platforms and professional services. Committed to responsible gaming, Scientific Games delivers what customers and players value most: trusted security, engaging entertainment content, operating efficiencies and innovative technology. For more information, please visit scientificgames.com.
In this press release, Scientific Games makes "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as "will," "may," and "should." These statements are based upon management's current expectations, assumptions and estimates and are not guarantees of timing, future results or performance. Therefore, you should not rely on any of these forward-looking statements as predictions of future events. Actual results may differ materially from those contemplated in these statements due to a variety of risks, uncertainties and other factors, including those factors described in our filings with the Securities and Exchange Commission (the “SEC”), including Scientific Games’ current reports on Form 8-K, quarterly reports on Form 10-Q and its latest annual report on Form 10-K filed with the SEC on March 1, 2021 (including under the headings "Forward-Looking Statements" and "Risk Factors"). Forward-looking statements speak only as of the date they are made and, except for Scientific Games' ongoing obligations under the U.S. federal securities laws, Scientific Games undertakes no obligation to publicly update any forward-looking statements whether as a result of new information, future events or otherwise.