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Scientific Games Congratulates Florida Lottery On 7th Consecutive Year Of Record-Breaking Year Sales

George Miller

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Scientific Games Congratulates Florida Lottery On 7th Consecutive Year Of Record-Breaking Year Sales
Reading Time: 3 minutes

 

Scientific Games Corporation (NASDAQ: SGMS) (“Scientific Games” or the “Company”) congratulates one of its largest instant game customers in the world, the Florida Lottery (the “Lottery”), on another record breaking year of sales. The Lottery, which is ranked No. 4 in the world for instant game total sales (La Fleur’s Almanac) shattered its fiscal year 2017, record with more than $6.7 billion (USD) in total sales. With total instant game sales up 9.6 percent from the previous fiscal year, more than $4.65 billion or 69.4 percent of the Lottery’s total fiscal year 2018, sales were driven by sales of instant games, led by the popular 100X the Cash game and the Week for Life family of games.

The Florida Lottery also contributed a record $1.75 billion to the state’s Educational Enhancement Trust Fund, and broke its previous fiscal year records with more than $4.8 billion in prizes paid to players and more than $373.7 million in commissions paid to retailers.

Florida Lottery Secretary Jim Poppell expressed gratitude for Florida Governor Scott’s leadership, the Lottery’s retail partners, loyal players and dedicated Florida Lottery employees.

“Additionally, these remarkable milestones for the Florida Lottery have been achieved through careful planning and an innovative instant game marketing strategy with Scientific Games,” said Poppell. “Earlier this year we broke the U.S. record for weekly instant game sales, and we hope the record-breaking continues as it helps fund education in Florida, our number one priority. We are committed to making a difference in the lives of Florida’s students and their families.”

With a total of $352.3 million in sales, 100X the Cash – the Florida Lottery’s first $30 game in 10 years – averaged more than $20 million in sales per week during the 17 weeks it was on sale in fiscal year 2018.  The Week for Life family of games ($1$2$5$10$20), which were in the market most of fiscal year 2018, topped $660 million in sales. Performing well beyond the U.S. lottery industry in fiscal year 2018, the Florida Lottery experienced a 10.1 percent increase in sales of $2 instant games, a 19.5 percent increase in sales of $5 instant games, and a 25.5 percent increase in sales of $10 instant games.

The Florida Lottery participates in Scientific Games’ world-leading Cooperative Services Program (CSP) for instant game management which provides game design, programming, manufacturing, inside sales, marketing, warehousing and distribution, and retail services. The Company serves more than 13,000 Florida Lottery retailers from its CSP facility in Orlando.

“Scientific Games is honored to celebrate another record-breaking year with the Florida Lottery. We could not be prouder of the accomplishments our teams have achieved together with instant games,” said John Schulz, Senior Vice President, Instant Products for Scientific Games. “We will continue our collaboration with the Lottery to bring entertaining instant games to Floridians, along with our technology and services that help generate more contributions to help fund education in the state.”

A supplier to more than 150 lotteries globally, including nearly every North American lottery, Scientific Games is the world’s largest supplier of lottery instant games and known for its expertise in complex, integrated systems technology implementations. The Company is currently the fastest growing lottery systems supplier in the U.S., and the leading lottery systems supplier in Europe.

© 2018 Scientific Games Corporation.  All Rights Reserved.

 

About Scientific Games:
Scientific Games Corporation (NASDAQ: SGMS) is a world leader in gaming entertainment offering the industry’s broadest and most integrated portfolio of game content, advanced systems, cutting-edge platforms and professional services. The company is #1 in technology-based gaming systems, digital real-money gaming and sports betting platforms, casino table games and utility products and lottery instant games, and a leading provider of games, systems and services for casino, lottery and social gaming. Committed to responsible gaming, Scientific Games delivers what customers and players value most: trusted security, engaging entertainment content, operating efficiencies and innovative technology. For more information, please visit www.scientificgames.com

 

Forward-Looking Statements
In this press release, Scientific Games makes “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as “will,” “may,” and “should.” These statements are based upon management’s current expectations, assumptions and estimates and are not guarantees of timing, future results or performance. Therefore, you should not rely on any of these forward-looking statements as predictions of future events. Actual results may differ materially from those contemplated in these statements due to a variety of risks and uncertainties and other factors, including those factors described in our filings with the SEC, including the Company’s current reports on Form 8-K, quarterly reports on Form 10-Q and its latest annual report on Form 10-K filed with the SEC on March 1, 2018 (including under the headings “Forward Looking Statements” and “Risk Factors”). Forward-looking statements speak only as of the date they are made and, except for Scientific Games’ ongoing obligations under the U.S. federal securities laws, Scientific Games undertakes no obligation to publicly update any forward-looking statements whether as a result of new information, future events or otherwise.

All fiscal year 2017-18 amounts included are unaudited.

 

Source: Scientific Games Corporation

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Gambling in the USA

Station Casinos Launches Enhanced Team Member Benefits Programme

Niji Narayan

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Station Casinos Launches Enhanced Team Member Benefits Programme
Reading Time: < 1 minute

 

Station Casinos has launched an enhanced Team Member benefits programme, available at its twenty properties located throughout Las Vegas. As a part of this, the company is providing greater benefits to its Team Members and further enhancing their quality of life by introducing free healthcare and a custom 401(k) programme.

“Station Casinos is a family run business and our Team Members are like family to us, and we are always looking for ways to make our company an enjoyable and rewarding place to work and looking for ways to attract the best candidates to our properties. We are excited to offer our Team Members great healthcare and retirement options so that they and their families are taken care of. Our Family Focused initiative will truly benefit our Team Members and further enhance our position as the best place to work in Las Vegas,” Bob Finch, executive vice president and chief operating officer of the company, said.

Since January 2020, Station Casinos has been pleased to offer a free healthcare plan to its Team Members that make less than $41,600 in salary or $20.00 per hour annually. This benefit extends to the spouses and families of eligible Team Members.

Station Casinos’ enriched benefits package now offers a unique and expanded 401k programme. Team Members who have been employed for one year or longer benefit from a 401(k) programme that is funded by Station Casinos, to which Station Casinos contributes a select amount per hour for every hour worked.

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Gambling in the USA

D.C. United and Caesars Entertainment Announce Partnership

George Miller

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D.C. United and Caesars Entertainment Announce Partnership
Photo Source: dcunited.com
Reading Time: 2 minutes

 

D.C. United and Caesars Entertainment have announced a strategic partnership commencing at the beginning of the 2020 MLS Season. The partnership, the first-of-its-kind in MLS, will see the global casino-entertainment company feature its “Caesars Sports” logo on D.C. United jerseys in addition to other sponsorship activations at Audi Field.

In only the second announced sleeve branding deal in MLS, and the first to feature a casino-entertainment company, the partnership will see the Caesars Sports logo prominently displayed on the sleeve of D.C. United jerseys for both home and away matches.

The partnership will include a number of Game Day activations at Audi Field, including promotional giveaways, LED signage, special match moments, and suites for usage during D.C. United home games and Audi Field events.  In an effort to support the dream of turning Audi Field into a year-round hub of entertainment in the Buzzard Point community of Washington D.C., multiple entertainment and bar/restaurant concepts are being considered, including Caesars Entertainment hosting events in the stadium itself.

“We are extremely excited to announce this partnership with Caesars Entertainment, who are truly best-in-class in their field,” said D.C. United Co-Chairman Jason Levien. “Partnering with Caesars provides us with a great opportunity to realize the dream of Audi Field being a year-round hub of entertainment and activity and is another strong indication that global brands continue to see value in partnering with our organization. We are truly thankful that Caesars has decided to partner with D.C. United on this landmark deal in the Washington, D.C.”

“Caesars Entertainment has been a world-wide leader in entertainment for many years, but now, including this new landmark partnership with D.C. United, we have quickly become a leader in the world of sports,” said Chris Holdren, Chief Marketing Officer for Caesars Entertainment. “We are excited to share our sports, hospitality and entertainment expertise with D.C. United fans and Audi Field guests.”

 

About D.C. United:

One of the founding clubs of Major League Soccer in 1996, D.C. United are one of the most decorated teams in the United States with 13 domestic and international trophies.  The Black-and-Red have won the MLS Cup four times (1996, 1997, 1999 and 2004), the Supporters’ Shield four times (1997, 1999, 2006 and 2007) and the Lamar Hunt U.S. Open Cup three times (1996, 2008 and 2013).

About Audi Field:

D.C. United have called the District home for the past 24 seasons and continued that tradition when they moved into their new state-of-the-art and soccer-specific stadium, Audi Field in Buzzard Point, Southwest D.C., in July 2018.  Beyond being a soccer stadium Audi Field hosts over 100 events year-round ranging from corporate meetings, receptions, galas and festivals. Audi Field is also home to the XFL’s D.C. Defenders, Premier League Lacrosse and the art, culinary and music festival – Unite The District Fest.

About Caesars Entertainment:

Caesars Entertainment is one of the world’s most diversified casino-entertainment providers and the most geographically diverse U.S. casino-entertainment company. Since its beginning in Reno, Nevada, in 1937, Caesars Entertainment has grown through development of new resorts, expansions and acquisitions. Caesars Entertainment’s resorts operate primarily under the Caesars®, Harrah’s® and Horseshoe® brand names. Caesars Entertainment’s portfolio also includes the Caesars Entertainment UK family of casinos. Caesars Entertainment is focused on building loyalty and value with its guests through a unique combination of great service, excellent products, unsurpassed distribution, operational excellence and technology leadership. Caesars Entertainment is committed to its employees, suppliers, communities and the environment through its PEOPLE PLANET PLAY framework.

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Gambling in the USA

Churchill Downs Incorporated Partners with Scientific Games and Ainsworth on Advanced Historical Racing Machines

George Miller

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Churchill Downs Incorporated Partners with Scientific Games and Ainsworth on Advanced Historical Racing Machines
Reading Time: 3 minutes

 

Churchill Downs Incorporated announced a partnership with Scientific Games Corporation and Ainsworth Game Technology to introduce a newly developed historical racing machine (“HRM”).

This newly engineered Scientific Games product, that has been granted approval from the Kentucky Horse Racing Commission, will operate on the Ainsworth proprietary HRM system. Scientific Games will supply its most popular titles from player-favorite slot series including 88 Fortunes, Tree of Wealth, Quick Hit, Lock It Link and Ultimate Fire Link, among others. The games will be showcased on their innovative and top-performing TwinStar family of cabinet platforms, including the Wave XL, J43, TwinStar 24/24/, TwinStar Slant and three-reel mechanical stepper.

CDI’s Derby City Gaming in Louisville, Kentucky, will be unveiling the new cabinets in first quarter. CDI’s other HRM facilities at Oak Grove, Turfway Park and Churchill Downs Racetrack will also feature a full complement of these new cabinets when these entertainment venues open.

“Scientific Games makes some of the best-performing games in the industry and we are delighted to add their product to our HRM properties,” said Austin Miller, Senior Vice President, Gaming Operations for CDI. “Our guests will recognize the Scientific Games themes and they will love the way the games play.”

“We have enjoyed a great partnership with the CDI team and are excited to bring in Scientific Games to this unique partnership,” added Ryan Comstock, Chief Operating Officer for Ainsworth. “The addition of Scientific Games and platforms on our proprietary HRM system will create an even more robust gaming mix for both of these properties.”

“The team at Scientific Games is extremely excited to partner with CDI and Ainsworth in this new venture,” said Robert Parente, EVP and Chief Revenue Officer for Scientific Games. “Both companies have been pioneers in opening up this burgeoning new segment of the gaming market and we are honored they have chosen to work with us in offering the very best in player experiences.”

 

About Churchill Downs Incorporated:
Churchill Downs Incorporated (“CDI”) (Nasdaq: CHDN), headquartered in Louisville, Ky., is an industry-leading racing, online wagering and gaming entertainment company anchored by our iconic flagship event – The Kentucky Derby. We own and operate Derby City Gaming, a historical racing machine facility in Louisville. We also own and operate the largest online horseracing wagering platform in the U.S., TwinSpires.com, and are a leader in brick-and-mortar casino gaming with approximately 11,000 slot machines / video lottery terminals and 200 table games in eight states. We operate sports wagering and iGaming through our BetAmerica platform in multiple states. Additional information about CDI can be found online at www.churchilldownsincorporated.com.

About Scientific Games Corporation:
Scientific Games Corporation (NASDAQ: SGMS) is a world leader in gaming entertainment offering the industry’s broadest and most integrated portfolio of game content, advanced systems, cutting-edge platforms and professional services. The company is #1 in technology-based gaming systems, digital real-money gaming and sports betting platforms, casino table games and utility products and lottery instant games, and a leading provider of games, systems and services for casino, lottery and social gaming. Committed to responsible gaming, Scientific Games delivers what customers and players value most: trusted security, engaging entertainment content, operating efficiencies and innovative technology. For more information, please visit www.scientificgames.com.

About Ainsworth Game Technology:
Ainsworth Game Technology is a premier manufacturer of global gaming products committed to a culture of quality, innovation and excellence. Ainsworth distributes a range of gaming products, entertaining standalone progressives and linked games through its sales offices and distributors in Australia, New Zealand, Asia, Americas, and Europe. Ainsworth is an Australian publicly listed company (code: AGI) headquartered in Newington, Sydney, Australia. For more information, please visit www.agtslots.com.au.

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