Scientific Games Launches New Player Subscription Service for North Carolina Education Lottery
Scientific Games Corporation (Nasdaq: SGMS) today announced the launch of a new player subscription service for the North Carolina Education Lottery. Players in the State are now able to purchase subscriptions via the lottery's website for the Lottery's three jackpot games, Powerball®, Mega Millions® and Carolina Cash 5.
ATLANTA – January 6, 2014 – Scientific Games Corporation (Nasdaq: SGMS) today announced the launch of a new player subscription service for the North Carolina Education Lottery. Players in the State are now able to purchase subscriptions via the lottery's website for the Lottery's three jackpot games, Powerball®, Mega Millions® and Carolina Cash 5.
The North Carolina Education Lottery is the eighth U.S. lottery to launch the Sciplay™ service for player ecommerce and/or player rewards from Scientific Games. With the launch of the subscription service coupled with the Company's Properties Plus® integrated suite of web-based player loyalty rewards services, Scientific Games now provides the Lottery with player account management, age verification and player geo-location, and web-based payment services. The subscription service includes first-tier player support via phone, live chat and email.
"The availability of these three popular jackpot games on our Lucke-Zone website offers our players a new way to play, and offers non-lottery players the opportunity to try our games for the first time," said Alice Garland, Executive Director for the North Carolina Education Lottery. Garland said the new service can help the Lottery increase sales for the three games and ultimately raise more money for education in the State.
Registration for the new subscription service is available via a secure section of the website. The Lottery's responsible play features, such as limits on the number of multi-draw tickets that can be purchased, are incorporated into the subscription service. Players also have the ability to place their own personal limits on their play.
"We are excited about the engaging, exciting and convenient opportunities we now offer North Carolina players through the combination of our subscription service and our players club rewards program – by far the broadest deployment of Sciplay to date," said Michael Lightman, Vice President, Lottery Interactive for Scientific Games. "In the case of the North Carolina Education Lottery, we have already seen enthusiasm from current rewards players who upgraded to subscriptions immediately following the launch and we are optimistic this trend will continue, reinforcing the importance of a closely coordinated effort."
Once the player registers and sets up a subscription account, purchases can be made through an electronic funds transfer. Players will receive email alerts if their numbers are drawn. A subscription to a minimum of two weeks of drawings (and up to a maximum of 52 weeks of drawings) for one of the three games is required.
About Scientific Games www.scientificgames.com
Scientific 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, visit www.scientificgames.com.
In this press release, the Company 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," or similar terminology. Forward-looking statements may contain expectations regarding activities, financial position, operations, synergies and other results following our acquisition of WMS. 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; material adverse changes in economic and industry conditions; technological change; retention and renewal of existing contracts and entry into new or revised contracts; effect of indebtedness on our operations and financial condition; availability and adequacy of cash flows to satisfy obligations and indebtedness or future needs; protection of our intellectual property; ability to license third party intellectual property; intellectual property rights of others; security and integrity of software and systems; reliance on information technology systems; laws and government regulation, including those relating to gaming licenses, permits and operations; inability to identify, complete and integrate future acquisitions; inability to benefit from, and risks associated with, strategic equity investments and relationships; 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; 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); failure to realize the anticipated benefits related to the award to our consortium of an instant ticket concession in Greece; the seasonality of our business; disruption of our current plans and operations in connection with our acquisition of WMS; failure to achieve the intended benefits of the WMS acquisition, 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 identify and capitalize on trends and changes in the lottery and gaming industries, including the potential expansion of regulated gaming via the internet; inability to enhance and develop successful gaming concepts; slow growth of gaming jurisdictions or the casino industry; decline in the replacement cycle of gaming machines; consolidation or ownership changes in the casino industry; dependence on suppliers and manufacturers; liability for product defects; fluctuations in foreign currency exchange rates and other factors associated with international operations; influence of certain stockholders; dependence on key personnel; failure to perform under our contracts; resolution of pending or future litigation; labor matters; and stock price volatility. Additional information regarding risks and 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 the Company's filings with the Securities and Exchange Commission ("SEC"), including in our Annual Report on Form 10-K filed with the SEC on March 12, 2013 and in our subsequent periodic reports. Forward-looking statements speak only as of the date they are made and, except for the Company's ongoing obligations under the U.S. federal securities laws, the Company 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