Scientific Games Announces New 10-Year Contract With Ecuador National Lottery
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Electronic Draw Games Will Launch for the First Time in Ecuador
ATLANTA – July 21, 2022 – Lotería Nacional de Ecuador, the Ecuador National Lottery, has awarded a new, 10-year contract to Scientific Games that includes instant games, lottery systems, retail technology, and a draw-based lottery game system that will launch Ecuador’s first-ever electronic draw games.
Jorge Medina, General Manager of Lotería Nacional de Ecuador, said, "We are very pleased to extend our excellent relationship with Scientific Games through an instant game contract that includes new technology and enables us to launch a new mode of instant and draw-based lottery games for the enjoyment of our players, and ultimately generate more funds to support our causes in Ecuador.”
Revenues generated from the sale of Lotería Nacional’s instant and draw games will benefit Junta de Beneficencia de Guayaquil an important non-profit organization in Ecuador founded in 1888 for health, education and social protection. The organization's vision is to expand its social and charitable work to all corners of Ecuador in favor of people in conditions of vulnerability and extreme poverty.
Lotería Nacional’s new agreement with Scientific Games includes business intelligence software, as well as a performance-driving instant game management system that streamlines game inventory control and logistics.
John Schulz, President of Americas and Global Instant Products for Scientific Games, said, “We are honored to expand our 20-year relationship with Lotería Nacional de Ecuador with our world-leading instant game services, and by launching electronic draw games for the very first time in Ecuador. Drawing upon our global experience with national lotteries, our goal is to support the Lottery’s retailer network expansion with our patented technologies to drive more profits for Junta de Beneficencia de Guayaquil’s social work.”
Scientific Games is the world’s largest creator, producer and manager of lottery instant games with the company’s instant products representing 70% of global retail sales. The company is a global leader in lottery and sports betting systems, digital lottery games, mobile apps, and player loyalty programs.
About Scientific Games
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.
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 March 1, 2021 (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.
