New
York-based Scientific Games, a provider of customized, endâtoâend gaming solutions to lottery and gaming
organizations worldwide, recently signed-off on instant ticket deals with the
Atlantic and Texas lotteries.
Scientific
Games has entered into a contract to be the exclusive supplier of Scratch'N Win
ticket games and related services for the Canada-based Atlantic Lottery,
subject to certain exceptions. The company was selected following a competitive
procurement process.
The
seven year contract, which began this month, includes an option for the Lottery
to extend the contract for an additional threeâyear
period. Revenue to Scientific Games will continue to be based on a priceâperâthousand tickets
basis.
"Atlantic
Lottery is committed to delivering socially responsible, relevant and
entertaining games to our players," said JeanâMarc Landry, senior category manager with Atlantic
Lottery. "We have a more than 35âyear history
with Scientific Games and know that they are capable of delivering the quality
products that both we, and our players, expect."
In
fiscal year 2011/12, Atlantic Lottery generated nearly $627 million in sales of
ticket lottery products, including a record breaking $186 million from its Scratch'N
Win ticket business.
Meanwhile,
Scientific Games recently signed an agreement to supply instant ticket games
and related services to the Texas Lottery Commission. The company was selected
following a competitive procurement process.
The
sixâyear contract, which begins next month,
includes options for the Lottery to extend the contract for two additional
threeâyear periods.
Revenue
to Scientific Games will continue to be based on a priceâperâthousand tickets
basis.
"Scientific
Games has been a reliable and consistent supplier with whom we've produced entertaining
and creative games," said Gary Grief, executive director of the Texas
Lottery Commission. "We are pleased we can continue this relationship with
Scientific Games in the hopes of returning more revenue to the state of
Texas."
In fiscal year 2011, the Texas Lottery generated lottery revenues of
$3.8 billion, of which $2.8 billion was derived from instant ticket game sales,
and over $1.0 billion was contributed to support public education in Texas.
Scientific Games inks two instant ticket contracts
August 22, 2012
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