LAS VEGAS, March 3, 2016 /PRNewswire/ -- Scientific Games Corporation (NASDAQ: SGMS) ("Scientific Games" or the "Company) today announced that JACK Entertainment LLC ("JACK Entertainment), which was formerly known as Rock Gaming LLC, has chosen a comprehensive suite of Bally Systems™ solutions, 250 popular game titles and WMS® and Bally™ cabinet platforms for three Ohio gaming properties: JACK Cleveland Casino, JACK Cincinnati Casino, and JACK ThistleDown Racino.
Winning in a competitive bidding and selection process, Scientific Games will provide JACK Entertainment with its latest SDS™ slot-accounting solution, CMP™ player-tracking system, TableView™ real-time table-management solution, and the Company's award-winning iVIEW™ Display Manager on-device messaging technology across each property's high-speed networked gaming floors. JACK Entertainment will use the Bally Elite Bonusing Suite™ applications to offer automated, interactive on-game bonusing, promotions, and rewards.
The systems conversion project is already underway, and the Bally Systems are slated to be fully installed and deployed at all three properties by June 30, 2016.
Scientific Games' systems will also connect JACK Entertainment's player-loyalty programs at JACK Cleveland Casino, JACK Cincinnati Casino, JACK ThistleDown Racino, and JACK Detroit Casino-Hotel Greektown, enabling the gaming operator to offer enhanced player recognition and rewards for patronage at and across all four properties.
"We chose Scientific Games because they are the leader in systems innovation," said JACK Entertainment Chief Executive Officer Matt Cullen. "We look forward to having the enhanced system in place, which will allow us to streamline our processes and operations."
JACK Entertainment will also purchase 250 new Scientific Games gaming machines including the ALPHA 2™ Pro Series™ Wave™ and Pro Series™ V32 cabinets supporting many of the Company's popular titles, including Quick Hit™ Wild Red Free Games Fever®, Any Bet Triple™ Quick Hit™ Blazing 7s™, Fu Dao Le™, Quick Hit Platinum® Blazing 7s™ Wild Jackpot™, and Dragon Rising®.
"We are honored that JACK Entertainment has selected Scientific Games as their partner to help grow their business with the industry's most complete portfolio of solutions, applications, platforms and entertaining games," said Bob Parente, Chief Revenue Officer, Gaming at Scientific Games.
About JACK Entertainment
JACK Entertainment LLC, formerly Rock Gaming LLC, is a Detroit-based urban gaming company focused on the development of gaming facilities that are designed to maximize connectivity and economic impact in the local areas where they reside.
JACK and its affiliates' ("JACK") portfolio of properties includes more than 13,000 gaming positions, 400,000 square feet of gaming space, 400 hotel rooms, and 35 bars and restaurants. Jack is comprised of approximately 7,000 team members across four states and generates more than $1 billion in revenues.
JACK opened Ohio's first casino in Cleveland in May 2012 and opened Ohio's fourth and final commercial casino in Cincinnati in March 2013. In April 2013, JACK opened one of Ohio's seven racinos at its Cleveland-area thoroughbred racetrack ThistleDown Racino. Additionally, in April 2013, JACK acquired downtown Detroit's Greektown Casino-Hotel.
JACK also owns northern Kentucky's historic thoroughbred racetrack Turfway Park and is a partner in Horseshoe Baltimore, located in the heart of the stadium district. In addition, JACK is also a partner in Caesars Interactive Entertainment, Inc., the largest online, mobile, and social gaming company focused on casino entertainment. For more information, please visit www.JACKEntertainment.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 shufflers; 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 ScientificGames.com.
All trademark notices (™, SM and ®) signify marks in the United States.
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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," "plan," "continue," "believe," "expect," "anticipate," "target," "should," "could," "potential," "opportunity," "goal," 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 in or slow growth of gross gaming revenues or lottery retail sales, reductions in or constraints on capital spending by gaming or lottery operators and bankruptcies of, or credit risk relating to, customers; limited growth from new gaming jurisdictions, declines in the replacement cycle of existing gaming machines and slow addition of casinos in existing jurisdictions; ownership changes and consolidation in the gaming industry, including by casino operators; opposition to legalized gaming or the expansion thereof; inability to adapt to, and offer products that keep pace with, evolving technology; inability to develop successful gaming concepts and content; laws and government regulations, including those relating to gaming licenses and environmental laws; inability to identify and capitalize on trends and changes in the gaming, lottery and interactive industries; dependence upon key providers in our social gaming business; inability to retain or renew, or unfavorable revisions of, existing contracts, and the inability to enter into new contracts; level of our indebtedness, higher interest rates, availability or adequacy of cash flows and liquidity to satisfy indebtedness, other obligations or future cash needs; inability to reduce or refinance our indebtedness; restrictions and covenants in our debt agreements, including those that could result in acceleration of the maturity of our indebtedness; protection of our intellectual property, inability to license third party intellectual property, and the intellectual property rights of others; security and integrity of our software and systems and 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, including (i) the inability of our joint venture to realize the anticipated benefits under its private management agreement with the Illinois lottery or from the disentanglement services performed in connection with the termination thereof, (ii) the 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 and (iii) 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 Bally acquisition or the WMS acquisition, other recent acquisitions, or future acquisitions, including due to the inability to successfully integrate such acquisitions or realize synergies in the anticipated amounts or within the contemplated time frames or cost expectations, or at all; disruption of our current plans and operations in connection with our recent acquisitions (including in connection with the integration of Bally and WMS), including departure of key personnel or inability to recruit additional qualified personnel or maintain relationships with customers, suppliers or other third parties; costs, charges and expenses relating to the Bally acquisition and the WMS acquisition; incurrence of employee termination or restructuring costs, and impairment or asset write-down charges; changes in estimates or judgments related to our impairment analysis of goodwill or other intangible assets; implementation of complex revenue recognition standards; 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 payment of dividends from earnings, restrictions on the import of products and financial instability, including the potential impact to our instant lottery game concession or VLT lease arrangements resulting from the recent economic and political conditions in Greece; dependence on our key 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 (including labor disputes), intellectual property and our strategic relationships; influence of certain stockholders; and stock price volatility.
Additional information regarding risks, 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 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 February 29, 2016 (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