Scientific Games Rolls Out More SCiQ® Lottery Retail Technology Pilots with Major Retailers in Nine States
Intelligent Instant Game Ecosystem Takes Selling Instant Games to a Whole New Level
LAS VEGAS and ATLANTA – September 17, 2018 – Scientific Games Corporation (NASDAQ: SGMS) (“Scientific Games” or the “Company”) announced that major national retailers continue piloting the Company’s new SCiQ® lottery instant game retail technology. The intuitive and easy-to-use SCiQ systems are available now in pilots in select stores in nine states, including a new 300-store rollout in Ohio.
“Lottery instant games are an $87.5 billion a year global consumer product, including $50 billion sold in North America, and they are a major driver of consumer retail store visits. Now for the first time in the lottery industry, SCiQ offers unit-level technology that provides inventory control, security, speed-of-service, merchandising and simplified accounting functions for retailers,” said Jim Kennedy, Group Chief Executive, Lottery for Scientific Games. “SCiQ is set to revolutionize the way lottery products are sold at retail. We believe that the lottery retail environment will never be the same.”
SCiQ is an intelligent instant game ecosystem developed by Scientific Games that modernizes how the instant game is sold at retail. It improves the performance of lottery products and eliminates existing challenges to selling lottery in retail stores. To sell lottery instant games using the SCiQ system, the retail sales associate simply selects the games the customer wants to purchase through the digital ordering screen, dispenses the games with the touch of a button, and gives the games to the customer. Scientific Games’ proprietary SCiQ technology automatically tracks every unit, providing lotteries and retailers greater visibility into the management and sales of instant games in real-time.
For retail customers, SCiQ also brings the ease and convenience of mobile technology to retail lottery purchases. The SCiQ ecosystem offers user-friendly features that, depending on the options selected, can further speed the purchase process and even offer customers the ability to advance-order games before arriving at a lottery retail store.
SCiQ is now operating as part of pilot programs in Arizona, Georgia, Maine, New York, North Carolina, Pennsylvania, South Carolina and Texas, with a 300-store production rollout currently underway in Ohio.
Scientific Games provides games, technology, and services to more than 150 lotteries globally, including nearly every North American lottery. The company is the fastest growing lottery systems supplier in the U.S. and the world’s largest supplier of lottery instant games.
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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 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 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
Therese Minella, APR
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