LAS VEGAS, Jan. 11, 2016 /PRNewswire/ -- The Nevada Gaming Commission approved the TwinStar cabinet, a transformative new platform from Scientific Games, on December 28, 2015. Announced today by Scientific Games (NASDAQ: SGMS) ("Scientific Games" or "the Company"), the new TwinStar premium dual-screen cabinet is a stunning, single platform capable of delivering both WMS and Bally games to players in North America. The platform incorporates the Company's next-generation ArgOS operating system and launches with new title Quick Shot Dwanwu and Gold Fish Deluxe, one of the Company's most popular game titles.
The Scientific Games TwinStar cabinet and the ArgOS operating system are now approved for sale and play in more than 16 jurisdictions including California, Connecticut, Florida, Idaho, Indiana, Iowa, Louisiana Tribal, Michigan Tribal, New Mexico Tribal, Minnesota, New York, Nevada, North Dakota, Nova Scotia, Oklahoma and Wisconsin. The Company anticipates additional approvals.
Gold Fish Deluxe, Quick Shot Dwanwu and Kronos Father of Zeus themes are approved in multiple jurisdictions.
With enhanced high-speed processing and video capabilities, the SG gaming platform is one of the most powerful on the casino floor today. TwinStar builds on the award-winning iDeck by offering a 40 percent larger button deck for player interaction. The cabinet's 22-inch full HD digital topper comes in two distinctive styles, with chrome details, improved premium sound, and edge lighting, and two 24-inch HD displays, adding beauty and excitement to casino floors.
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.
Scientific Games, TwinStar, Gold Fish, Gold Fish Deluxe, Quick Shot, Quick Shot Dwanwu, WMS, Bally, ArgOS, Kronos Father of Zeus, CPU, iDeck, are marks owned in the United States or elsewhere by, or under license to or from, Scientific Games Corporation or one or more of its wholly owned subsidiaries. © 2015 Scientific Games. All rights reserved.
Company Contacts Investor Relations: Scientific Games: Bill Pfund +1 702-532-7663 Vice President, Investor Relations email@example.com
Media Relations: Scientific Games: Mollie Cole +1 773-961-1194 Director, Corporate Communications firstname.lastname@example.org
Forward-Looking Statements In this press release, Scientific Games may make "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, slow addition of casinos in existing jurisdictions and declines in the replacement cycle of existing gaming machines; ownership changes and consolidation in the casino industry; 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 and lottery industries, including the expansion of interactive gaming; 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 obligations or future cash needs, and restrictions and covenants in our debt agreements; 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; inability to complete or successfully integrate future acquisitions; 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, 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 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 17, 2015 (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