|Connecticut Lottery Corporation Announces Intent to Award New Lottery Systems Contract to Scientific Games|
Monday February 12, 8:30 am ET
5-Year Equipment and Services Pact Valued at $42 Million
NEW BRITAIN, Conn., and NEW YORK, Feb. 12 /PRNewswire-FirstCall/ -- The Connecticut Lottery Corporation has announced its intent to award Scientific Games (Nasdaq: SGMS) its lottery systems contract to supply a new range of lottery equipment and management services to the CT Lottery. The contract begins in May 2008, will have an initial term of five years, and will provide for five one-year extension options. The contract was awarded after a competitive request for proposal process, and is valued at approximately $42 million over its initial term.