Education Wins in Tennessee! Scientific Games’ Lottery Instant Games and Services Will Help Drive Funding Five More Years
Tennessee Education Lottery Corporation Extends Contract for Instant Game Entertainment and World-leading Scientific Games Enhanced Partnership Program
LAS VEGAS and ATLANTA – March 9, 2021 – Scientific Games Corporation (NASDAQ: SGMS) (“Scientific Games” or the “Company”) announces it will continue to bring its high-performance lottery instant games and services to Tennessee players to support the Tennessee Education Lottery Corporation (or the “Lottery”) in its mission to drive maximum funding for education in the state. The Company’s current contract was extended for five more years by the Lottery, which participates in the world-leading Scientific Games Enhanced Partnership (SGEP) program. Through the partnership, Scientific Games provides the Tennessee Education Lottery Corporation with game design and game planning services, analytics and insights, manufacturing, advanced logistics, warehousing and distribution as well as retail services.
The Tennessee Lottery’s instant product retail sales topped $1.5 billion in fiscal year 2020, breaking previous records. The Lottery is perennially ranked among the Top 10 performing lotteries worldwide for instant game performance (2019 per capita sales), partnering with Scientific Games on instant games since it launched in 2004.
“The instant game experience enjoyed by Tennessee players is backed by integrity every step of the way,” said Rebecca Paul Hargrove, President & CEO of the Tennessee Education Lottery Corporation. “Through our partnership with Scientific Games, we have the data and technology needed to effectively and efficiently design games, distribute them to our retailers around the state, and ultimately deliver trusted products to our players and generate more dollars for educational programs benefitting Tennessee students.”
Hargrove launched the Tennessee Education Lottery Corporation and led it to success after serving as the Director of the Illinois, Florida and Georgia Lotteries. She is currently in her second term as President of the World Lottery Association and is a past President of the North American State & Provincial Lotteries
“Scientific Games’ longtime collaboration with the Tennessee Lottery’s team has delivered outstanding results and serves as a model for many U.S. lotteries,” said John Schulz, Senior VP, Lottery Instant Products for Scientific Games. “We continue to innovate new games and refine our SGEP program and technology to drive their success, and we get better every year together.”
Scientific Games launched the world’s first secure retail instant game in 1974, the first digital instant game in the U.S. in 2014, and is the leading provider of lottery interactive games, mobile apps, player loyalty programs and other interactive products and services in the U.S. lottery industry. The Company provides games, technology and services to more than 150 lotteries around the globe, including nearly every North American lottery.
About Scientific Games
Scientific Games Corporation (NASDAQ: SGMS) is a world leader in entertainment offering dynamic games, systems and services for casino, lottery, social gaming, online gaming and sports betting. Scientific Games offers the gaming industry's broadest and most integrated portfolio of game content, advanced systems, cutting-edge platforms and professional services. Committed to responsible gaming, Scientific Games delivers what customers and players value most: trusted security, engaging entertainment content, operating efficiencies and innovative technology. For more information, please visit scientificgames.com.
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, uncertainties and other factors, including those factors described in our filings with the Securities and Exchange Commission (the “SEC”), including Scientific Games’ 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, 2021 (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.