Scientific Games and JACK Entertainment partner at three Ohio casinos with new systems, games and cabinets
Scientific Games Corporation (NASDAQ: SGMS) ("Scientific Games" or "the Company") today announced that JACK Entertainment LLC ("JACK Entertainment), which was formerly known as Rock Gaming LLC, has chosen a comprehensive suite of Bally Systems™ solutions, 250 popular game titles and WMS® and Bally™ cabinet platforms for three Ohio gaming properties: JACK Cleveland Casino, JACK Cincinnati Casino, and JACK ThistleDown Racino.
LAS VEGAS, Mar. 3, 2016 /PRNewswire/ -- Scientific Games Corporation (NASDAQ: SGMS) ("Scientific Games" or "the Company") today announced that JACK Entertainment LLC ("JACK Entertainment), which was formerly known as Rock Gaming LLC, has chosen a comprehensive suite of Bally Systems™ solutions, 250 popular game titles and WMS® and Bally™ cabinet platforms for three Ohio gaming properties: JACK Cleveland Casino, JACK Cincinnati Casino, and JACK ThistleDown Racino.
Winning in a competitive bidding and selection process, Scientific Games will provide JACK Entertainment with its latest SDS™ slot-accounting solution, CMP™ player-tracking system, TableView™ real-time table-management solution, and the Company's award-winning iVIEW™ Display Manager on-device messaging technology across each property's high-speed networked gaming floors. JACK Entertainment will use the Bally Elite Bonusing Suite™ applications to offer automated, interactive on-game bonusing, promotions, and rewards.
The systems conversion project is already underway, and the Bally Systems are slated to be fully installed and deployed at all three properties by June 30, 2016.
Scientific Games' systems will also connect JACK Entertainment's player-loyalty programs at JACK Cleveland Casino, JACK Cincinnati Casino, JACK ThistleDown Racino, and JACK Detroit Casino-Hotel Greektown, enabling the gaming operator to offer enhanced player recognition and rewards for patronage at and across all four properties.
"We chose Scientific Games because they are the leader in systems innovation," said JACK Entertainment Chief Executive Officer Matt Cullen. "We look forward to having the enhanced system in place, which will allow us to streamline our processes and operations."
JACK Entertainment will also purchase 250 new Scientific Games gaming machines including the ALPHA 2™ Pro Series™ Wave™ and Pro Series™ V32 cabinets supporting many of the Company's popular titles, including Quick Hit™ Wild Red Free Games Fever®, Any Bet Triple™ Quick Hit™ Blazing 7s™, Fu Dao Le™, Quick Hit Platinum® Blazing 7s™ Wild Jackpot™, and Dragon Rising®.
"We are honored that JACK Entertainment has selected Scientific Games as their partner to help grow their business with the industry's most complete portfolio of solutions, applications, platforms and entertaining games," said Bob Parente, Chief Revenue Officer, Gaming at Scientific Games.
About JACK Entertainment (www.JACKEntertainment.com)
JACK Entertainment LLC, formerly Rock Gaming LLC, is a Detroit-based urban gaming company focused on the development of gaming facilities that are designed to maximize connectivity and economic impact in the local areas where they reside.
JACK and its affiliates' ("JACK") portfolio of properties includes more than 13,000 gaming positions, 400,000 square feet of gaming space, 400 hotel rooms, and 35 bars and restaurants. Jack is comprised of approximately 7,000 team members across four states and generates more than $1 billion in revenues.
JACK opened Ohio's first casino in Cleveland in May 2012 and opened Ohio's fourth and final commercial casino in Cincinnati in March 2013. In April 2013, JACK opened one of Ohio's seven racinos at its Cleveland-area thoroughbred racetrack ThistleDown Racino. Additionally, in April 2013, JACK acquired downtown Detroit's Greektown Casino-Hotel.
JACK also owns northern Kentucky's historic thoroughbred racetrack Turfway Park and is a partner in Horseshoe Baltimore, located in the heart of the stadium district. In addition, JACK is also a partner in Caesars Interactive Entertainment, Inc., the largest online, mobile, and social gaming company focused on casino entertainment. For more information, please visit www.JACKEntertainment.com.
About Scientific Games (www.scientificgames.com)
Scientific Games Corporation (NASDAQ: SGMS) is a leading developer of technology-based products and services and associated content for worldwide gaming, lottery and interactive markets. The Company's portfolio includes gaming machines, game content and systems; table games products; instant and draw-based lottery games; server-based lottery and gaming systems; sports betting technology; loyalty and rewards programs; and interactive content and services.For more information, please visit: www.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 describe future expectations, plans, results or strategies and can often be identified by the use of terminology such as “may,” “will,” “estimate,” “intend,” “continue,” “believe,” “expect,” “anticipate,” “should,” “could,” “potential,” “opportunity,” “goal,” or similar terminology. These statements are based upon management’s current expectations, assumptions and estimates and are not guarantees of timing, future results or performance. Actual results may differ materially from those contemplated in these statements due to a variety of risks and uncertainties and other factors, including, among other things: competition; U.S. and international economic and industry conditions, including declines in or slow growth of lottery retail sales or gross gaming revenues, reductions in or constraints on capital spending by gaming or lottery operators and credit risk relating to customers; slow growth of new gaming jurisdictions, slow addition of casinos in existing jurisdictions and declines in the replacement cycle of gaming machines; ownership changes and consolidation in the casino industry; opposition to legalized gaming or the expansion thereof; ability to adapt to, and offer products that keep pace with, evolving technology; ability to develop successful gaming concepts and content; laws and government regulation, including those relating to gaming licenses and environmental laws; inability to identify and capitalize on trends and changes in the gaming and lottery industries, including the expansion of interactive gaming; dependence upon key providers in our social gaming business; retention and renewal of existing contracts or entry into new or revised contracts; level of our indebtedness, higher interest rates, availability and adequacy of cash flows and liquidity to satisfy obligations or future needs, and restrictions and covenants in our debt agreements; protection of our intellectual property, ability to license third party intellectual property, and the intellectual property rights of others; security and integrity of our software and systems and reliance on or failures in our information technology systems; natural events that disrupt our operations or those of our customers, suppliers or regulators; inability to benefit from, and risks associated with, strategic equity investments and relationships, including (i) the inability of our joint venture to meet the net income targets or otherwise to realize the anticipated benefits under its private management agreement with the Illinois lottery, (ii) the inability of our joint venture to meet the net income targets or other requirements under its agreement to provide marketing and sales services to the New Jersey lottery or otherwise to realize the anticipated benefits under such agreement (including as a result of a protest) and (iii) failure to realize the anticipated benefits related to the award to our consortium of an instant lottery game concession in Greece; failure to achieve the intended benefits of the acquisition of WMS, including due to the inability to realize synergies in the anticipated amounts or within the contemplated time-frames or cost expectations, or at all; inability to complete future acquisitions, including the pending acquisition of Bally Technologies, Inc. (“Bally”) due to the failure to obtain the required approvals or debt financing or otherwise; litigation relating to the pending Bally acquisition; disruption of our current plans and operations in connection with the pending Bally acquisition (whether prior to its completion or following its completion, including in connection with the integration of Bally), including departure of key personnel or inability to recruit additional qualified personnel or maintain relationships with customers, suppliers or other third parties; costs, charges and expenses relating to the pending Bally acquisition; inability to successfully integrate future acquisitions, including Bally (including SHFL entertainment, Inc. and Dragonplay Ltd.) following completion of the pending Bally acquisition; failure to realize the intended benefits of the pending Bally acquisition, including the inability to realize the anticipated synergies in the anticipated amounts or within the contemplated time-frames or cost expectations, or at all; inability to control Bally until completion of the Bally acquisition; incurrence of restructuring costs, revenue recognition standards and impairment charges; fluctuations in our results due to seasonality and other factors; dependence on suppliers and manufacturers; risks relating to foreign operations, including fluctuations in foreign currency exchange rates and restrictions on the import of our products; dependence on our employees; litigation and other liabilities relating to our business, including litigation and liabilities relating to our contracts and licenses, our products and systems, our employees, intellectual property and our strategic relationships; influence of certain stockholders; and stock price volatility. Additional information regarding risks, uncertainties and other factors that could cause actual results to differ materially from those contemplated in forward-looking statements is included from time to time in our filings with the SEC, including under the heading ”Risk Factors” in our most recent Annual Report on Form 10-K. 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.
Source: Scientific Games Corporation
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