Scientific Games Launches Expanded Sports Betting Platform For Swisslos
Switzerland Project Completes Back-to-Back Lottery Sports Technology Implementations in Europe
LAS VEGAS and ATLANTA, April 19, 2018 /PRNewswire/ -- Scientific Games Corporation (NASDAQ: SGMS) ("Scientific Games" or the "Company") today announced it has successfully launched an omni-channel sports betting system for Swisslos, the lottery serving the German and Italian-speaking regions of Switzerland. The innovative solution was provided by Scientific Games after winning a new contract to implement the new sports betting system with expanded wagering capabilities for the Lottery's sports product. The Company has provided a fixed odds sports betting system to Swisslos for about 15 years.
"We have been working on the attractiveness of our main sports product for quite some time and are delighted to successfully complete the project with the launch of a new sports betting platform from our trusted technology provider, Scientific Games," says Dr. Roger Fasnacht, Director, Swisslos.
Swisslos has offered sports bets, lottery numbers games and instant games to players in Switzerland since 1937, and to players in the Principality of Liechtenstein on a contractual basis since 1968. Swisslos transfers its entire net profit to the member states of the Swiss Confederation.
Scientific Games has provided gaming systems technology, retailer terminals and instant games to Swisslos for more than two decades. Recently, the company was awarded a new contract to replace Swisslos' current gaming system with its AEGIS® technology in 2018-19.
"The launch of a new sports betting platform for Swisslos completes two back-to-back successful sports technology implementations for Scientific Games in Europe," said Pat McHugh, Senior Vice President, Global Lottery Systems for Scientific Games. "We believe that Swisslos players will appreciate a highly secure, integrated retail and online sports betting experience, and the Lottery will benefit tremendously from the expanded capabilities of our multi-channel system. This is consistent with Scientific Games' focus on providing market leading sports betting solutions to responsibly increase profits for our lottery customers."
Scientific Games is the leading lottery systems technology provider in Europe and the fastestgrowing lottery systems provider in North America, providing technology and services to more than 150 lotteries globally.
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About Scientific Games (www.scientificgames.com)
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.
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 forwardlooking 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
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