Scientific Games Reaches Agreement with Colorado
NEW YORK – (PRESS RELEASE) -- Scientific Games Corporation (Nasdaq: SGMS) and The Colorado Department of Revenue have agreed to delay the conversion date for the new online lottery system for ninety days.
The Colorado Department of Revenue is also immediately exercising one of its two options to extend the term of its contract with Scientific Games for two years, ensuring operation of the system through October 31, 2012. The extension is valued at approximately $14 million.
Scientific Games Corporation is the leading integrated supplier of instant tickets, systems and services to lotteries, and the leading supplier of wagering systems and services to pari-mutuel operators. It is also a licensed pari-mutuel gaming operator in Connecticut and the Netherlands and is a leading supplier of prepaid phone cards to telephone companies. Scientific Games' customers are in the United States and more than 60 other countries. For more information about Scientific Games, please visit our web site at http://www.scientificgames.com.
