Scientific Games Receives Contract Extension
23 Nov 2004
NEW YORK – (PRESS RELEASE) -- Scientific Games Corporation (Nasdaq: SGMS) announced that the Iowa Lottery has extended the company's online lottery contract. The contract is estimated at $14 million over the term of two years beginning June 28, 2008. In addition, the Iowa Lottery is adding 330 new Extrema® terminals to its retailer network and upgrading another 170 terminals.
Lorne Weil, Chairman and CEO of Scientific Games Corporation, said, "We are gratified to have been awarded a two-year extension by the Iowa lottery with more than 3-1/2 years still remaining on the original contract. We are committed to helping the lottery continue on its growth path by delivering state of the art technology, service and content."