Scientific Games Corporation announced that Pacific Online Systems Corporation ("POSC") has extended the Company's contract through July 2018 for the supply and maintenance of an electronic lottery system in Visayas and Mindanao, Philippines. Under the three-year extension, the Company will supply 1,500 new WAVE lottery terminals by December 2015.
Willy Ocier, President, Pacific Online Systems Corporation, said, "Scientific Games has demonstrated a strong commitment to our systems technology over the last decade, and we are pleased to continue working together to grow lottery sales in the Philippines. The new terminals installed through this contract extension will allow us to retire some of our older terminals and provide our retailers with advanced technology that drives efficiencies and makes it easy and convenient for retailers to sell lottery games."
Scientific Games has provided Pacific Online Systems Corporation with products and services in the Philippines since 2005. In addition to systems and retail technology, the Company also supplies POSC with instant games, which continue to grow revenue for the Lottery, and an instant ticket validation system.
Michael Conforti, President, Corporate Development & Global Strategic Accounts for Scientific Games, said, "We appreciate the professionalism and creativity exhibited by POSC and its leadership team, and we look forward to supporting their numerous growth initiatives over the next several years."
With operations on six continents, Scientific Games provides lottery games, services, systems and retail technology to more than 150 lotteries globally, including 13 lotteries in the Asia-Pacific region including Australia, China, Malaysia, New Zealand, Singapore and Taiwan.