SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : SGMS - Software Gaming

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: JakeStraw7/25/2006 2:40:38 PM
   of 14
 
Scientific Games Awarded South Carolina Contract
biz.yahoo.com
Thursday July 20, 8:40 am ET

Instant Ticket and Related Services Contract Valued at $50M

NEW YORK, July 20 /PRNewswire-FirstCall/ -- Scientific Games (Nasdaq: SGMS) has been awarded a contract to supply instant tickets and related services to the South Carolina Education Lottery (SCEL) including marketing, shipping, warehousing, game design, inventory control, distribution and sales staff training. The seven year contract begins October of 2006 and is valued at approximately $50 million.

This is the second award of the SCEL instant ticket contract since its inception five years ago. Scientific Games played a key role in the start-up of the lottery in what was then record time.

"We have worked with the South Carolina Education Lottery from the start and are proud to have helped build one of the strongest lotteries in the United States," said Lorne Weil, Chairman and CEO of Scientific Games. "It is gratifying to see South Carolina students and universities reaping the benefits of the SCEL and Scientific Games partnership."

"We have sustained five successful years of sales growth, thanks in large part to our instant ticket product line, and we expect a continued flow of new games that our players will enjoy and that will make a major contribution to education in South Carolina," said Executive Director Ernest L. Passailaigue Jr. of SCEL.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext