Game Types Bonuses Slots More
Online Casinos Poker Bingo Games Lotteries Sports & Racebooks Fantasy Sports Forex Betting Exchanges Spread Betting Binary Options Live Dealers
Weekly Newsletter Online Gaming News Payment Methods Gaming Software Gaming Site Owners Gaming Jurisdictions Edit Preferences Search
 
Bonuses! New games! Gossip! And all the player news you can handle. Sign up NOW!

Related Links

Scientific Games, Illinois Lottery Sign 3-Year Contract

17 Jan 2006

NEW YORK -- (PRESS RELEASE) -- Scientific Games Corporation (Nasdaq: SGMS) signed a three year contract with the Illinois Lottery for the supply of instant ticket games and related services. The contract took effect December 29, 2005, is valued at $19.5 million over the initial term of three years, and contains two one-year options to renew. Revenues to Scientific Games will now be based on a percentage of retail sales.

"The Illinois Lottery is one of the largest and most important in the United States," said Scientific Games Chairman and CEO Lorne Weil. "Going to a new, long-term contract is a gratifying vote of confidence in Scientific Games. We've had a great working relationship in Illinois and look forward to helping the Lottery generate even more revenue for education in the Land of Lincoln."

"Scientific Games offered the best overall proposal with the most innovative game plan, plus substantial value-added services," said Carolyn Adams, Superintendent of the Illinois Lottery. "As a Scientific Games customer we have come to expect the best in products and services."

Revenues from the Illinois Lottery are dedicated to the Illinois Common School Fund, for kindergarten through high school education. Since 1974, the lottery has contributed more than $12 billion to education in the state.

 
About Us | Advertising | Publications | Land Casinos