Scientific Games Will Support Delaware Lottery In First U.S. Full- Scale Sports Betting Expansion After PASPA Ruling
LAS VEGAS and ATLANTA, June 1, 2018 /PRNewswire/ -- Scientific Games Corporation (NASDAQ: SGMS) ("Scientific Games" or the "Company") today announced that the Company will implement the Delaware Lottery's expansion to full-scale sports betting following the U.S. Supreme Court's overturn of the Professional and Amateur Sports Protection Act (PASPA) of 1992 on May 14, 2018.
Delaware is the first U.S. state to add full-scale sports betting after the PASPA ruling. The state previously offered legal sports betting on professional football and has now expanded its offering to other sports. As the Delaware Lottery's sports betting provider, Scientific Games is supporting the expansion to full-scale sports betting with its industry leading integrated sports wagering technology, content and managed services.
"In anticipation of the Supreme Court's ruling on PASPA, we have been working with Scientific Games, our longtime sports betting provider, as well as training our lottery and casino staff, so that we were ready to launch full-scale, head-to-head betting on single games," said Vernon Kirk, director of the Delaware Lottery.
Since 2009, Scientific Games technology, content and managed services have powered the Delaware Lottery to grow the state's sports betting revenues from $10 million to more than $46 million across a network of land-based casinos and lottery retailers in the state.
"Since Delaware is known as 'The First State', it's appropriate they were first in the nation to expand regulated sports betting after the PASPA ruling. We are proud to support the Delaware Lottery's long history of industry firsts, and thrilled to be their trusted provider of an integrated sports betting program serving both casinos and lottery retailers across the state," said Pat McHugh, Senior Vice President, Global Lottery Systems for Scientific Games.
"The combination of Scientific Games and NYX Gaming Group earlier this year created a global leader across iLottery, iGaming and sports betting that offers unrivaled capabilities to lotteries worldwide," said McHugh. "As an integrated company, we are ready to serve our customers like the Delaware Lottery with the gaming entertainment industry's leading sports platforms, content and services."
Scientific Games also provides lottery instant games, draw-based games including Keno, iGaming and video lottery gaming to the Delaware Lottery.
A supplier to more than 150 lotteries globally, including nearly every North American lottery, Scientific Games is known for game innovation and complex, integrated systems technology implementations. The Company is currently the fastest growing lottery systems supplier in the U.S., and the leading lottery systems supplier in Europe.
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About Scientific Games (www.scientificgames.com)
Scientific Games Corporation (NASDAQ: SGMS) is a world leader in gaming entertainment offering the industry's broadest and most integrated portfolio of game content, advanced systems, cutting-edge platforms and professional services. The company is #1 in technology-based gaming systems, digital real-money gaming and sports betting platforms, casino table games and utility products and lottery instant games, and a leading provider of games, systems and services for casino, lottery and social gaming. Committed to responsible gaming, Scientific Games delivers what customers and players value most: trusted security, engaging entertainment content, operating efficiencies and innovative technology.
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 forwardlooking statements as predictions of future events. Actual results may differ materially from those contemplated in these statements due to a variety of risks and uncertainties and other factors, including those factors described in our filings with the SEC, including the Company's 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, 2018 (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.
Source: Scientific Games
SG Lottery Communications:
Therese Minella, APR +1 770-825-4219
Director, Lottery Communications
Susan Cartwright +1 702-532-7981
Vice President, Corporate Communications
Michael Quartieri +1 702-532-7658
Executive Vice President and Chief Financial Officer