Scientific Games Wins Aspers Group Tender to Provide Shuffler and Chipper Products on a Five Year Contract
- 16 Jun 2015
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LAS VEGAS, June 16, 2015 – Scientific Games Corporation (“Scientific Games” or “the Company”) today announced that Aspers Ltd (UK) (“Aspers Group”) and the Company have entered into a strategic partnership to deploy Scientific Games’ industry-leading table products at its casinos in the United Kingdom to increase performance and excitement in the pit.
Scientific Games won a high-volume, long-term tender issued earlier this year to provide Shuffle Master shufflers and chippers on a five year lease basis. The commitment covers all shuffler and chipper products required for live gaming. Aspers Group will replace all of its chip sorting machines with Scientific Games’ latest chip sorting model Chip Star CSL, with over 50 units in total. Additional shufflers will provide coverage for every gaming table in the four Aspers casinos. Overall, over 110 shuffler and chipperproducts will be operated at the properties.
The Chip Star is increasingly becoming the product of choice for casino operators when it comes to chip sorting due to its outstanding sorting speed, doubtless CE (Communauté Européenne) conformity and virtually maintenance-free cutting edge conveyor technology. Furthermore, Chip Star CSL now allows operators to sort 43mm chips or smaller on all channels without a loss in productivity. With Scientific Games’ proven line of shufflers including one2six, DeckMate2, i-Deal and MD3, hands per hour are increased by up to 20 percent and dealer errors are reduced to a minimum by enhancing accuracy and profitability.
Mark Beattie, Head of Gaming, Aspers Group, said, “Scientific Games is a market leader in table products and it made perfect sense to work with them to bring the highest quality utility products to our casino floor. By leveraging these outstanding products, we can significantly enhance our gaming operations while delivering an engaging customer experience.”
Stelios Tsapatos, Sales Director (Europe) for Scientific Games, said, “We are enormously thrilled to partner with Aspers Group to provide state of the art products and help create greater business value. A five-year commitment on both shufflers and chippers is strong proof of their confidence in our Company. We are honored that the Group selected our table products for their properties.”
Company Contacts
Investor Relations:
Scientific Games: Bill Pfund +1 847-785-3167
Vice President, Investor Relations
bill.pfund@scientificgames.com
Media Relations:
Scientific Games: Mollie Cole +1 773-961-1194
Director, Corporate Communications
mollie.cole@scientificgames.com
Scientific Games: Mike Trask +1 702-532-7451
Senior Manager, Communications, Shuffle Master Products
mike.trask@scientificgames.com
About Scientific Games
Scientific Games Corporation (NASDAQ: SGMS) is a leading developer of technology-based products and services and associated content for worldwide gaming, lottery and interactive markets. The Company’s portfolio includes gaming machines, game content and systems; table games products and utilities; instant and draw-based lottery games; server-based lottery and gaming systems; sports betting technology; loyalty and rewards programs; and interactive content and services. For more information, please visit www.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 describe future expectations, plans, results or strategies and can often be identified by the use of terminology such as “may,” “will,” “estimate,” “intend,” “continue,” “believe,” “expect,” “anticipate,” “should,” “could,” “potential,” “opportunity,” or similar terminology. These statements are based upon management’s current expectations, assumptions and estimates and are not guarantees of timing, future results or performance. Actual results may differ materially from those contemplated in these statements due to a variety of risks and uncertainties and other factors, including, among other things: competition; U.S. and international economic and industry conditions; including declines or slow growth of lottery retail sales or gross gaming revenues and reductions in or constraints on capital spending by gaming or lottery operators; slow growth of new gaming jurisdictions; slow addition of casinos in existing jurisdictions; declines in the replacement cycle of gaming machines; ownership changes and consolidation in the casino industry; opposition to legalized gaming or the expansion thereof; ability to adapt to, and offer products that keep pace with, evolving technology; ability to develop successful gaming concepts and content; laws and government regulation, including those relating to gaming licenses and environmental laws; inability to identify and capitalize on trends and changes in the lottery and gaming industries, including the expansion of interactive gaming; dependence upon key providers in our social gaming business; retention and renewal of existing contracts and entry into new or revised contracts; level of our indebtedness; availability and adequacy of cash flows to satisfy obligations or future needs; restrictions and covenants in our debt agreements; protection of our intellectual property; ability to license third party intellectual property; intellectual property rights of others; security and integrity of our software and systems; reliance on or failures in our information technology systems; natural events that disrupt our operations or those of our customers, suppliers or regulators; inability to benefit from, and risks associated with, strategic equity investments and relationships; inability of our joint venture to meet the net income targets or otherwise to realize the anticipated benefits under its private management agreement with the Illinois lottery; inability of our joint venture to meet the net income targets or other requirements under its agreement to provide marketing and sales services to the New Jersey lottery or otherwise to realize the anticipated benefits under such agreement (including as a result of a protest); failure to realize the anticipated benefits related to the award to our consortium of an instant lottery game concession in Greece; failure to achieve the intended benefits of the WMS acquisition, including due to the inability to realize synergies in the anticipated amounts or within the contemplated time-frames or cost expectations, or at all; inability to complete and integrate future acquisitions; restructuring costs; revenue recognition standards; impairment charges; fluctuations in our results due to seasonality and other factors; dependence on suppliers and manufacturers; risks relating to foreign operations, including fluctuations in foreign currency exchange rates and restrictions on the import of our products; dependence on our employees; litigation and other liabilities relating to our business, including litigation and liabilities relating to our contracts and licenses, our products and systems, our employees, intellectual property and our strategic relationships; influence of certain stockholders; and stock price volatility. Additional information regarding risks and uncertainties and other factors that could cause actual results to differ materially from those contemplated in forward-looking statements is included from time to time in Scientific Games’ filings with the Securities and Exchange Commission (“SEC”) (including our Annual Report on Form 10-K filed with the SEC on March 17, 2014 and in our subsequent periodic reports), including under the heading “Risk Factors” in Scientific Games’ periodic reports. 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.
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