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Scientific Games Congratulates Maryland Lottery On Record-Breaking Profits, Sales Top $2 Billion For First Time

George Miller

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Scientific Games Congratulates Maryland Lottery On Record-Breaking Profits, Sales Top $2 Billion For First Time
Reading Time: 3 minutes

 

Company’s New Systems Technology Now Supporting 4,500 Maryland Lottery Retailers

 

Scientific Games Corporation congratulates the Maryland Lottery and Gaming Control Agency (the “MLGCA”) on the Maryland Lottery’s (the “Lottery”) record-breaking year of profits, with $575.6 million in contributions to support good causes in Maryland including education, public health and safety, the environment, veterans’ organizations, the state’s horse racing industry and more. The Maryland Lottery surpassed $2 billion in annual sales for the first time, with total Fiscal Year 2018 sales topping $2.043 billion, an increase of 5.8 percent over Fiscal Year 2017.

In April, Scientific Games went “live” with the Maryland Lottery’s new, advanced gaming system, serving the Lottery and its network of more than 4,500 retailers. As part of an eight-year contract with the MLGCA, the Company is providing a wide and innovative portfolio of draw and monitor games, interactive games, and a host of advanced technologies to drive value and profit for the Lottery. This includes SciTrak™ instant game management system, and its gem | Intelligence® and gem | Retailer™ suite of real-time business and retail intelligence. Used by top world-per-capita performing lotteries, SciTrak integrates system, game and market data to ensure the proper inventory is sent to retailers. The gem | Suite is helping the Maryland Lottery’s sales team increase new instant game retail penetration and make merchandising and productivity improvements.

Racetrax™, a virtual horse-racing game which is the second-highest selling monitor game in the world behind Keno, also set an all-time sales record of $192.6 million. A record $1.247 billion in prizes were awarded to Maryland players, up 4.2 percent from Fiscal Year 2017, with a record $153.7 million in commissions paid to Maryland Lottery retailers. The Lottery also topped its previous fiscal-year record for instant (scratch-off) game sales with $750.9 million.

“We value our partnership with Scientific Games,” said Maryland Lottery and Gaming Director Gordon Medenica. “With SG’s new system in place, we believe our players will not only appreciate the fun and excitement of the games, but also the convenience that the new technology brings. I am confident that, together, we can help drive Lottery profits which will benefit the good causes of the state.”

The Maryland Lottery is currently ranked by La Fleur’s Almanac as No. 5 worldwide for numbers game sales per capita, and one of the Top 15 lotteries worldwide for total sales per capita. Scientific Games provides the Lottery with systems, instant games, licensed properties, and the popular My Lottery Rewards player loyalty program.

“Congratulations to the MLGCA on their record-breaking year. It’s exciting to see our customer achieve record-breaking results while we migrated them to our latest platforms and products. Scientific Games has invested in innovative products, games, technology and analytics to both entertain players and increase the Lottery’s profits,” said Jim Kennedy, Group Chief Executive, Lottery for Scientific Games. “We take great pride in the growth and successes of our lottery customers and their contributions to important causes in their states.”

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

Company Contacts
SG Lottery Communications:
Therese Minella, APR  +1 770-825-4219
Director, Lottery Communications
therese.minella@scientificgames.com

Corporate Communications:
Susan Cartwright  +1 702-532-7981
Vice President, Corporate Communications
susan.cartwright@scientificgames.com

Investor Relations:
Michael Quartieri  +1 702-532-7658
Executive Vice President and Chief Financial Officer

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.

 

Source: Scientific Games Corporation

 

 

George Miller started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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Gambling in the USA

Foxwoods Resort Casino Reports 12% Decline in April Slot Revenue

Niji Narayan

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Foxwoods Resort Casino Reports 12% Decline in April Slot Revenue
Photo Source: jcj.com
Reading Time: 1 minute

 

Foxwoods Resort Casino has reported slot revenue of $36.2 million for April 2019. This figure is down 12.1% compared to $41.2 million in April 2018.

Foxwoods kicked April off with the property’s new designated ambassador David Ortiz and the home-run gaming promotion Big Papi’s Favourite Things. From 12 April through 30 May, guests simply play their favourite casino games using their Foxwoods Rewards card to participate. For every two points earned, players receive one entry into the drawing for a chance to win prizes ranging from $500 in bonus slot play to the grand prize trip for two to the Dominican Republic to attend Big Papi’s Charity Golf Tournament.

April also brought excitement to the Grand and Fox Theatre stages, including the return of the Foxwoods Broadway Series as it celebrated the 10th anniversary tour of Rock of Ages.

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Gambling in the USA

Philadelphia State Regulators Impose Fine on SugarHouse Casino

Niji Narayan

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Philadelphia State Regulators Impose Fine on SugarHouse Casino
Photo Source: standard.co.uk
Reading Time: 1 minute

 

The Philadelphia state regulators have imposed a fine of $17,500 on SugarHouse casino for serving 17 free drinks to a gambler over an eight-hour period.

According to the officials, the patron was playing Pai Gow, a table game with Chinese tiles similar to blackjack, and he was visibly intoxicated while gambling.

As per the casino’s consent agreement with the Pennsylvania Gaming Control Board, it wasn’t until the gambler couldn’t hold up his head anymore that a supervisor stopped him from getting more drinks and summoned security.

An altercation occurred as the patron was evicted from the casino, and he was arrested for public drunkenness. SugarHouse agreed to retrain and discipline the beverage servers in addition to the fine.

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Gambling in the USA

Legislators from Gaming States to Examine Sports Betting at NCLGS Summer Meeting, July 12-14 in Minneapolis

George Miller

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Legislators from Gaming States to Examine Sports Betting at NCLGS Summer Meeting, July 12-14 in Minneapolis
Reading Time: 2 minutes

 

When the Summer Meeting of the National Council of Legislators from Gaming States begins, there will be a full year of results from two states and many months’ of results from at least four other states in the post-PASPA world of legal sports betting. The results and lessons from these early adopters will be the focus of the Committee on Emerging Forms of Gaming when NCLGS holds its Summer Meeting, July 12-14 at the Radisson Blu Downtown.

The Committee, chaired by Indiana Senator Jon Ford, will hear from the following experts:

  • Kevin Braig, Partner, Shumaker, Loop & Kendrick LLP
  • Steve Geller, NCLGS Legal Advisor and Principal, Geller Law Firm
  • Nicole Metzgar-Schall, Corporate Counsel, Sportradar
  • Dan Spillane, Senior Vice President, League Governance & Policy, National Basketball Association

Aspects of sports betting will be also be central to other NCLGS Summer Meeting committee sessions and panels, including the Committee on Responsible Gaming, the Committee on Lotteries, the Committee on State-Federal Relations, and an International Masters of Gaming Law Masterclass.

“Being from Indiana, a state that has just passed sports betting, our focus is on making sure that the state benefits in the best way possible for our constituents. It is our job to get this right,” said Senator Ford, who is also a NCLGS officer. “We can learn from where other states have gotten it right and when they might have stumbled. We can get ahead of the curb thanks to those who came before us and gave us the blueprint.”

The three-day NCLGS Summer Meeting agenda includes:

  • Six legislative committee sessions: Casinos, Emerging Forms of Gaming, Indian Gaming, Lotteries, Responsible Gaming, and State-Federal Relations
  • Keynote Luncheon Address: “The Next Five Years of Gaming,” by Timothy Wilmott, CEO, Penn National Gaming, and Chairman, American Gaming Association
  • Two IMGL Masterclass panels conducted by the International Masters of Gaming Law focusing on state lottery technology and the multiple crossover regulatory and legal issues
  • Special general session panel examining gaming’s evolution toward entertainment
  • Thursday evening cocktail reception
  • Friday evening welcome reception
  • Saturday afternoon tour of Sportradar offices

To view the agenda, register, and book rooms at the host hotel at special attendee rates, visit http://www.nclgs.org/meetings.html.

 

Source: National Council of Legislators from Gaming States

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