Scientific Games, China Sports Lottery Printing sign deal
Through one of the Company's joint ventures in China, Scientific Games will establish, working together with the CSLP, a state of the art instant ticket manufacturing facility at an existing CSLP location as soon as the press can be manufactured and delivered. This facility will be operated by the joint venture for a 15-year period. Revenues to Scientific Games will be based on a percentage of sales.
Scientific Games Chairman and CEO Lorne Weil stated, "We are honored and excited at the opportunity to work with the CSL and its affiliate CSLP to help build a state-of-the art instant ticket printing facility in the PRC. This project will facilitate the growth of CSL's instant ticket lottery and enable it to become a world leader."