Scientific Games continues building European instant games business with new contract from National Lottery of Croatia
Company developed new games, increased retail sales in Croatia by 60% in two years
LAS VEGAS and ATLANTA, October 26, 2020 /PRNewswire/ – Scientific Games Corporation (NASDAQ: SGMS) (“Scientific Games” or the “Company”) announces a new, two-year contract to provide lottery instant scratch games to Hrvatska Lutrija, the National Lottery of Croatia (or the “Lottery”), continuing a successful two-year collaboration that has grown retail sales for the products 60% since 2018. Scientific Games provides Hrvatska Lutrija with instant game portfolio management and has developed a variety of products to entertain Croatian players and drive maximum proceeds to financially support valuable projects that contribute to the development of society in Croatia, including humanitarian causes, science, education, culture, environmental and health protection.
With a 47-year successful tradition of organizing games of chance in Croatia, Hrvatska Lutrija is the state-licensed lottery offering a full variety of gaming products, including lotteries, instant lotteries, multi-jurisdictional lottery games, EuroJackpot, sports betting, casinos and slot clubs.
In 2019, instant game annual sales in the Central European country with a population of four million reached nearly €14.2 million across the Lottery’s network of 2,842 retailers (La Fleur’s Almanac).
“We are extremely pleased with the growth of our instant game product category since our relationship with Scientific Games began just under two years ago, and we look forward to continuing our good work together for two more years,” said Mr. Mario Musa, President of the Board of Hrvatska Lutrija. “The incredible growth of the product in this short time can be credited to Scientific Games’ global expertise fully developing instant game portfolios with both entertainment value and the Lottery’s beneficiaries in mind.”
A new game created by Scientific Games for the National Lottery of Croatia, MAXI CRNI BISERI features a fun, simple play style that has quickly made it a favorite among players. ODMOR IZ SNOVA offers a new play experience with the chance to win 15.000kn per month for 12 months. Exciting new designs were created for ZLATNA STAZA, a popular base game for many years.
“There is great potential to responsibly grow the instant product category further in Croatia. As we begin to work even more closely to refine the offering, the future to create proceeds to the Lottery’s beneficiary is very bright,” said John Schulz, SVP Global Instant Products for Scientific Games. “Instant games as a game entertainment category is not fully realized in many European markets, and the National Lottery of Croatia’s recent success is a tremendous example of the product’s potential.”
Scientific Games provides games, technology and services to more than 150 lotteries in 50 countries. The Company is the world’s largest creator, manufacturer and services provider of lottery instant games with manufacturing facilities on four continents. Scientific Games products represent 74% of lottery instant game retail sales worldwide.
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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.
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.
Source: Scientific Games Corporation