Scientific Games Wins Tennessee Lottery Instant Contract

NEW YORK – (Press Release) -- Scientific Games Corporation (Nasdaq: SGMS) today announced that its lottery subsidiary, Scientific Games International, has received approval from the Board of Directors of the Tennessee Education Lottery Corp. (TELC) for a multi-year contract to provide instant tickets and a range of associated services, including ticket warehousing and distribution, for the new Tennessee Lottery. The contract is valued at approximately $80 million, has a term of seven years and is subject to final execution.

"We are very pleased to have this opportunity to partner with the Tennessee Education Lottery Corporation to build a strong, vibrant lottery to benefit the state's educational goals," said Lorne Weil, chairman and CEO of Scientific Games. "By combining the proven experience of the Tennessee Lottery's highly skilled and talented management team with our 30-year track record of starting lotteries either on-time or ahead of schedule, we are confident the TELC can achieve instant sales that will place it among the top ten U.S. lotteries, based on annual per capita sales. Consistently reaching and maintaining this high level of sales will help maximize the dollars available for the Lottery's college scholarships."

Since 1973, Scientific Games has helped start up 65 lotteries worldwide. In the U.S., the company has been selected in competitive procurements for 32 of the 40 instant ticket lottery start-ups, including Tennessee. That translates to 80% of all U.S. lottery start-ups. In addition to its unparalleled start-up experience, Scientific Games provides products and services to every single U.S. lottery jurisdiction.

Today, Scientific Games people and technology combine to power approximately 100 national and state lotteries, including seven of the world's top ten lottery organizations, based on total annual retail sales.