Loteria Electronica, Scientific Games Launch Successful Conversion
NEW YORK – (PRESS RELEASE) -- Scientific Games Corporation (Nasdaq: SGMS) -- announced today that the largest system conversion in Puerto Rico's history was launched for Loteria Electronica. In less than six months Scientific Games designed and implemented a new modern and technologically advanced online gaming system that will save the government of Puerto Rico approximately $77 million over the seven-year life of the contract. Scientific Games won the contract through a competitive request for proposal process.
"We are extremely pleased to provide a state-of-the-art online lottery system in record time that meets the needs of the Loteria as it seeks to expand and modernize for the benefit of the Puerto Rican people," said Scientific Games chairman and CEO, Lorne Weil. "Scientific Games appreciates the Loteria's selection and support of our company to operate and manage their new lottery system, and we look forward to continuing our relationship with a dedicated and highly regarded partner."
The system in Puerto Rico comprises nearly 1,900 new EXTREMA® terminals, an integrated central system with advanced software, and an innovative hybrid communications network designed specifically for Puerto Rico. The contract, signed on September 22, 2004, is for a period of seven years.
"Scientific Games is a proven partner in the lottery industry, and has delivered a modern gaming system that provides new, cutting-edge touch screen terminals, enhanced ease of use and speed, along with the capacity to play new and exciting games," stated Teresita Carrion, the director of Loteria Electronica. "In addition, we are especially happy that Scientific Games was responsive to our particular needs including completing the conversion in a compressed period of time."