Search

Scientific Games Awarded Contract By Mass. LotteryNews Story
Estimated Value of Contract is $20-$25 MillionScientific Games Corporation announced that the Massachusetts Lottery has awarded it the contract to be its primary supplier of instant tickets and related marketing services.The current Scientific Games contract is due to expire in August, 2004. The new contract is for an initial term of two years with three one- year options to renew. The value of the contract is estimated between $20-25 million over the initial two-year term.Massachusetts sells $3
Jul 7, 2004, 9:28 am - Lottery News

Scientific Games Launches "Lottery Museum"News Story
Scientific Games Corporation announced that it has launched the Internet Scientific Games Lottery Museum at http://www.scientificgames.com in honor of the 30th anniversary of the introduction of the first secure instant lottery ticket.The site features images of Scientific Games' instant tickets from 1974 to 2004, along with a short history of the developments in each era.Scientific Games is a key player in the lottery industry and is dedicated to the research, authentication, acquisition and pr
Jun 2, 2004, 11:37 am - Lottery News

Scientific Games Wins 7-Year Puerto Rico Lottery ContractNews Story
Scientific Games Corporation announced that it has been named the apparent winner of the online lottery contract for Puerto Rico.The contract is estimated to be worth $66.7 million and is for a term of seven years. The contract is subject to the negotiation of final terms and conditions. This is a very important strategic win for us at Scientific Games, said Scientific Games Chairman and CEO Lorne Weil. Over the last few years we have proven that we are the fastest growing participant in the
May 13, 2004, 1:15 pm - Lottery News

Scientific Games Reports First Quarter 2004 ResultsNews Story
Revenues Increased 51%; Net Income Increased 80% to $20 million; Earnings per Diluted Share were $0.22Scientific Games Corporation today announced results for the first quarter ended March 31, 2004. Revenues for the first quarter of 2004 increased 51% to $185.5 million compared to $123.2 million for the first quarter of 2003. Income before the preferred stock dividend was $20.4 million, an increase of 80% over 2003 first quarter income of $11.3 million, and diluted earnings per share increased 6
Apr 22, 2004, 5:17 pm - Lottery News

The Two Titans of the Lottery IndustryNews Story
We often hear that the $40 billion spent on video games worldwide dwarfs the amount spent on the motion picture industry. But another form of mass entertainment dwarfs them both: the lottery business. According to a Morgan Stanley study, sales of lottery tickets around the world will top $160 billion in 2004.You should be thankful for the lottery business this week as you write a check for your tax bill. That's because you'd probably owe a lot more if not for your fellow citizens' crazed desire
Apr 15, 2004, 4:58 am - Lottery News

Company picked to operate North Dakota state lotteryNews Story
Scientific Games International, which sells Powerball lottery tickets in Montana, Iowa and four other states, has been chosen to provide equipment for North Dakota's entry into the game next year.An advisory board voted Monday to pick Scientific Games over two competitors, GTech Corp. and Intralot USA, as the state's lottery supplier.State Rep. RaeAnn Kelsch, R-Mandan, the chairwoman of the board, said the company offered a more favorable commission rate than its competitors. Scientific Games c
Dec 2, 2003, 4:19 am - Lottery News

Board chooses GTECH, Scientific Games to run Tennessee lotteryNews Story
Tennessee's lottery will have two industry giants -- GTECH Corp. and Scientific Games International -- create and run its games for the first seven years.The Tennessee Education Lottery Corp. board unanimously voted Friday to award the contracts based on the recommendation of an internal committee that spent a month reviewing proposals.GTECH got the contract for online games; Scientific Games will run the instant ticket games.The value of the contracts is based on a percentage of net sales. Tenn
Nov 22, 2003, 8:31 am - Lottery News

Lottery-ticket company wooing TennesseeNews Story
Already the country's leading supplier of instant lottery tickets, Scientific Games International is now moving into online gaming and hopes to make Tennessee its newest customer.The Alpharetta, Ga.-based company is one of the companies competing for both the instant and online contracts for the new Tennessee games. Lottery giant GTECH Corp. of Rhode Island is also in the bidding.Scientific Games provides in-stant tickets for two-thirds of state lotteries and more than 50 other countries, and op
Nov 17, 2003, 4:33 am - Lottery News

Officials choose lottery logo; firms put in contract bidsNews Story
Tennessee lottery officials Monday picked a new logo from 100 proposed designs and learned they will have just two bids to choose from for one major vendor contract and three for another.GTECH Inc. and Scientific Games International were the only two firms meeting Monday's deadline for submission of bids to operate the state lottery's online network, which installs machines for selling tickets to statewide and multistate lotteries.Three bids were received for sales of instant tickets, also kno
Oct 28, 2003, 3:45 am - Lottery News

Scientific Games to buy online lottery operatorNews Story
Scientific Games Corp., a maker of betting equipment and lottery systems, on Friday said it would acquire International Game Technology's on-line lottery operator for $143 million in cash.The agreement to buy IGT Online Entertainment Systems will give Scientific Games, based in New York, access to online lottery systems that produce lotto-type game tickets in seven states and the Caribbean.IGT Online, which also supports systems sold to customers in Korea, Norway, Switzerland and Shanghai, gener
Sep 12, 2003, 9:54 pm - Lottery News