Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

SCIENTIFIC GAMES CORPORATION

(SGMS)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

Scientific Games : Impacting Full Development of Lottery Instant Game Entertainment in Europe

05/03/2021 | 10:39am EDT

LAS VEGAS and ATLANTA - May 3, 2021 -Scientific Games Corporation (NASDAQ: SGMS) ('Scientific Games' or the 'Company') announces that its efforts to guide full development of the instant product category in European markets are making an impact. The Company received a new three-year contract from Lutrija Bosne i Hercegovine (or the 'Lottery'), which experienced a 41% increase in instant game retail sales since collaboration began in 2016. Through forward planning and effective execution of their game plans, many of Scientific Games' 55 lottery customers in Europe are continuing to register higher than ever sales of instant games despite the challenges of the pandemic.

'We are still in the early phase of our partnership and have already produced tremendous results by applying Scientific Games' best practices to continuously refine and improve key areas of our instant games,' said Edhem Pašukan, Director of Lutrija Bosne i Hercegovine. 'Our plans are to fully develop this product category which was relatively untapped until we began working together.'

Scientific Games teams collaborated with the Lottery to maximize revenue potential of its instant games, restructuring prize packages and the entire game portfolio, and creating new game concepts. One of the favorites among players in Bosnia is Jackpot, a higher price point game with a key symbol match for the main game and three bonus games with 50KM, 100KM or 500KM prizes.

'We congratulate Lutrija Bosne i Hercegovine on its vision and the growth achieved thus far, and we are honored to help guide them toward a fully developed instant product category,' said John Schulz, Senior VP Instant Products for Scientific Games. 'As we continue our work with European lotteries to share best practices on game design, portfolio management, logistics and retailer services, Lutrija Bosne i Hercegovine is a great example of the results that can be achieved by partnering with Scientific Games.'

Scientific Games is the world's largest creator, manufacturer and services provider of instant games in the world, with products generating more than 70% of annual instant game retail sales globally. The Company is the largest lottery systems technology provider in Europe, creator of the first digital instant game in the U.S. in 2014, and the leading provider of lottery interactive games, mobile apps, player loyalty programs and other interactive products and services in the U.S.

About Scientific Games
Scientific Games Corporation (NASDAQ: SGMS) is a world leader in entertainment offering dynamic games, systems and services for casino, lottery, social gaming, online gaming and sports betting. Scientific Games offers the gaming industry's broadest and most integrated portfolio of game content, advanced systems, cutting-edge platforms and professional services. 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 scientificgames.com.

Media Inquiries: Media@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, uncertainties and other factors, including those factors described in our filings with the Securities and Exchange Commission (the 'SEC'), including Scientific Games' 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 February 18, 2020 (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.

Disclaimer

Scientific Games Corporation published this content on 03 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 May 2021 14:38:04 UTC.


ę Publicnow 2021
All news about SCIENTIFIC GAMES CORPORATION
06/15SCIENTIFIC GAMESá : rsquo; Technology Modernizing Lottery Retail in Germany
PU
06/11SCIENTIFIC GAMES CORPá : Change in Directors or Principal Officers, Submission o..
AQ
06/10SCIENTIFIC GAMESá : Launches Eagerly Anticipated New iGaming Slot Invaders Megaw..
PU
06/09SCIENTIFIC GAMESá : Takes its Showroom on the Road for SG Summit Live
PU
06/08SCIENTIFIC GAMESá : America's First State Lottery Puts Education at Forefront wi..
PU
06/04SCIENTIFIC GAMESá : AGS Launches First Title in Canadian Market with Loto-Québec..
PU
06/02INSIDER TRENDS : Insider at Scientific Games Acquires Stock Via Option/Derivativ..
MT
06/02INSIDER TRENDS : Scientific Games Insider Converts Option/Derivative Security Se..
MT
06/02SCIENTIFIC GAMESá : WynnBET Live in Indiana, Virginia and Tennessee Leveraging S..
PR
06/01SCIENTIFIC GAMESá : AG Trucano and Scientific Games Memorialize Landmark Systems..
PU
More news
Financials (USD)
Sales 2021 3 160 M - -
Net income 2021 47,5 M - -
Net Debt 2021 7 941 M - -
P/E ratio 2021 157x
Yield 2021 -
Capitalization 7 504 M 7 504 M -
EV / Sales 2021 4,89x
EV / Sales 2022 4,25x
Nbr of Employees 9 000
Free-Float 80,0%
Chart SCIENTIFIC GAMES CORPORATION
Duration : Period :
Scientific Games Corporation Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends SCIENTIFIC GAMES CORPORATION
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 9
Last Close Price 78,14 $
Average target price 59,89 $
Spread / Average Target -23,4%
EPS Revisions
Managers and Directors
NameTitle
Barry L. Cottle President, Chief Executive Officer & Director
Michael Christopher Eklund CFO, Secretary, Treasurer & Executive VP
Jamie R. Odell Executive Chairman
Jeff McVay Chief Information Officer
Stephen Richardson Chief Compliance Officer & Senior Vice President
Sector and Competitors
1st jan.Capitalization (M$)
SCIENTIFIC GAMES CORPORATION88.33%7 508
EVERI HOLDINGS INC.79.72%2 187
SANKYO CO., LTD.2.04%1 552
POLLARD BANKNOTE LIMITED59.90%1 251
PLAYAGS, INC.43.33%378
AINSWORTH GAME TECHNOLOGY LIMITED147.92%307