Scientific Games Acquires Global Draw

20 Apr 2006

NEW YORK –- (PRESS RELEASE) -- Scientific Games Corporation (Nasdaq: SGMS) announced today that it has completed the purchase of Global Draw Limited and certain related companies. Global Draw is a leading United Kingdom supplier of fixed odds betting terminals and systems, and interactive sports betting systems. Scientific Games has paid approximately $183 million (subject to adjustment), and it will pay an earn-out to the principal selling shareholder, as well as contingent bonuses to certain members of the existing management team, based on the financial performance of the business.

Revenues of Global Draw's U.K. gaming and betting machine operations for the fiscal year ended March 31, 2006, on an unaudited basis, exceed the 32 million pounds Sterling (or about $55 million) reported for the fiscal year ended March 31, 2004, the most recent period for which audited financial statements are publicly available. Global Draw is also extending its central determination, fixed odds system into European video lottery markets, a process Scientific Games plans to accelerate.

Scientific Games will finance the acquisition through a combination of borrowings under its existing revolving credit facility, which has been increased by $50 million, and $100 million of new term loans bearing interest at Libor + 125bps. The Company expects the acquisition to be accretive to earnings beginning in the second quarter of 2006.

"We're going to build on the work Global Draw has already done as a leading U.K. and European gaming business," said Lorne Weil, Chairman and CEO of Scientific Games. "Global Draw strengthens our role in the worldwide sports betting and video lottery business. We are all looking forward to working with the existing management of Global Draw to execute our growth strategy."

Steve Frater, Managing Director of Global Draw, hailed the combination of the two firms' technologies, expertise and business relationships. "We plan to use all these resources to develop the European VLT business, to further develop our position in the U.K. betting and gaming market and to enter new markets. Scientific Games' confidence in our management team and its strategy should assure our customers of both continuity and powerful new resources at their disposal. And the performance-based bonus plan gives management a strong incentive to remain committed to the success of the business for the long term."

"I too look forward to adding the capabilities and culture of Scientific Games to Global Draw," said principal selling shareholder Walter Grubmuller. "This marriage will vastly enhance our position in the evolving European markets and I look forward to being a partner with Scientific Games."

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	Scientific Games Acquires Global Draw 20 Apr 2006 NEW YORK –- (PRESS RELEASE) -- Scientific Games Corporation (Nasdaq: SGMS) announced today that it has completed the purchase of Global Draw Limited and certain related companies. Global Draw is a leading United Kingdom supplier of fixed odds betting terminals and systems, and interactive sports betting systems. Scientific Games has paid approximately $183 million (subject to adjustment), and it will pay an earn-out to the principal selling shareholder, as well as contingent bonuses to certain members of the existing management team, based on the financial performance of the business. Revenues of Global Draw's U.K. gaming and betting machine operations for the fiscal year ended March 31, 2006, on an unaudited basis, exceed the 32 million pounds Sterling (or about $55 million) reported for the fiscal year ended March 31, 2004, the most recent period for which audited financial statements are publicly available. Global Draw is also extending its central determination, fixed odds system into European video lottery markets, a process Scientific Games plans to accelerate. Scientific Games will finance the acquisition through a combination of borrowings under its existing revolving credit facility, which has been increased by $50 million, and $100 million of new term loans bearing interest at Libor + 125bps. The Company expects the acquisition to be accretive to earnings beginning in the second quarter of 2006. "We're going to build on the work Global Draw has already done as a leading U.K. and European gaming business," said Lorne Weil, Chairman and CEO of Scientific Games. "Global Draw strengthens our role in the worldwide sports betting and video lottery business. We are all looking forward to working with the existing management of Global Draw to execute our growth strategy." Steve Frater, Managing Director of Global Draw, hailed the combination of the two firms' technologies, expertise and business relationships. "We plan to use all these resources to develop the European VLT business, to further develop our position in the U.K. betting and gaming market and to enter new markets. Scientific Games' confidence in our management team and its strategy should assure our customers of both continuity and powerful new resources at their disposal. And the performance-based bonus plan gives management a strong incentive to remain committed to the success of the business for the long term." "I too look forward to adding the capabilities and culture of Scientific Games to Global Draw," said principal selling shareholder Walter Grubmuller. "This marriage will vastly enhance our position in the evolving European markets and I look forward to being a partner with Scientific Games."