Washington Lottery Grants Scientific Games Contract Extensions
NEW YORK – (Press Release) -- Scientific Games Corporation (Nasdaq: SGMS) announced that it has been awarded two one-year contract extensions by the Washington Lottery. The contract is valued at approximately $5 million over its two-year term.
"We are very pleased to continue working with the Washington Lottery," said Scientific Games Chairman and CEO Lorne Weil. "We have enjoyed working with the Washington Lottery staff since 1989. Indeed we printed the great majority of their instant tickets in each of the last four years. We will continue to work closely with them to ensure the Washington Lottery's continued success."
Washington Lottery Director Ken Nakamura commented, "Scientific Games has been our primary instant ticket supplier for many years, and has played a key role in our recent achievement of record weekly sales. We look forward to our continuing partnership with Scientific Games and more growth ahead."
The Washington Lottery has raised more than $2.1 billion to fund various state programs, particularly education, and has paid more than $3.8 billion in prizes since inception in 1982.
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.
