Scientific Games and Staatliche Toto-Lotto Sign Contract
NEW YORK – (PRESS RELEASE) -- Scientific Games Corporation (Nasdaq: SGMS) announced that it has signed a contract for new online terminals and maintenance services valued at euro 17.4 million or $21.5 million with Staatliche Toto-Lotto GmbH Baden-Wurtemberg in Germany. The contract includes the delivery of 4,100 units of the Extrema® S8 terminal with customized software and all project services including ongoing maintenance and support services for a period of seven years.
Included in the scope of the project is the delivery of a state of the art download server, a content management system to optimally exploit the multi-media capabilities of the Extrema S8, as well as a highly secure VPN network. The software for the terminals was developed by LotSys SAS and the hardware by Sagem SA, which will provide their products and services as subcontractors to Scientific Games Austria.
Lorne Weil, Chairman and CEO of Scientific Games Corporation said, "After having introduced the first generation of online systems together with Scientific Games International back in 1996, we are very proud to have been selected as the partner to deliver the next generation online terminals to the Staatliche Toto-Lotto in Baden-Wurttemberg. We are looking forward to continuing our successful cooperation in the future to further improve the market for online and instant ticket games throughout the state of Baden-Wurttemberg."
Upon successful completion of the contract, which was the result of a competitive bidding process, Dr. Friedhelm Repnik, the new CEO of Staatliche Toto-Lotto GmbH Baden-Wurttemberg said, "With the modern Extrema S8 online terminal, our lottery is well prepared to grow the lottery and sports gaming market responsibly in the extremely important retail channel in Baden-Wurttemberg."
The Staatliche Toto-Lotto GmbH Baden-Wurtemberg currently has online retail sales of euro 1.07 billion or $1.35 billion in 2004.
