LAS VEGAS, July 25, 2016 /PRNewswire/ -- Scientific Games Corporation (NASDAQ: SGMS) ("Scientific Games" or the "Company") today announced the 2016 Shuffle Master ClassicSM poker event. Building on the success of the 2015 inaugural promotion, the first-of-its-kind nationwide event will again feature and promote the Company's legendary Shuffle Master proprietary poker table games.
Qualification for this year's event will take place at 219 participating casinos from across the United States, Canada, Puerto Rico and the Bahamas through August 31. The Shuffle Master Classic event then culminates in an exciting Three Card Poker National Championship event on Monday, September 26, 2016 at The Venetian Las Vegas. The top seven players will be awarded a share of the $250,000 purse, with the winner receiving the top prize of $100,000 in cash and year-long bragging rights as the luckiest Three Card Poker player in North America.
The Shuffle Master Classic promotional event is open to any player who visits one of the participating casinos during the qualifying timeframe. To qualify for the Three Card Poker National Championship, players must hit a "Classic Hand" on one of 10 Shuffle Master proprietary table games – Three Card Poker, DJ Wild, Flushes Gone Wild, Four Card PokerSM, Caribbean Stud PokerSM, Let it RideSM, Mississippi StudSM, Ultimate Texas Hold 'EmSM, Texas Hold 'Em BonusSM and Crazy 4 PokerSM. A "Classic Hand" is a six card straight flush in Three Card Poker or a five card royal flush in any of the other nine games.
Scientific Games Senior Vice President of Table and Utility Products, Gaming, Roger Snow said, "This innovative proprietary table games promotional event provides an exciting experience for players and offers a unique marketing opportunity for participating casinos. With a 33-year heritage of gaming industry innovation, we are thrilled to build upon a legacy of excellence in Shuffle Master table game products by sponsoring this promotional event. The Shuffle Master Classic is an ideal way to celebrate our legendary proprietary table games and the continued success of Three Card Poker – the most popular proprietary casino card game in play today around the world.
"This Three Card Poker National Championship event, which is being held in conjunction with the 2016 Global Gaming Expo ("G2E"), will bring the best and luckiest players from around North America to Las Vegas for a day filled with tournament action and excitement," Snow added.
Each qualifier for the Three Card Poker National Championship event will receive travel credits to cover expenses and VIP treatment in Las Vegas – including an exclusive welcome party the night before the National Championship and a cocktail party after the final table on Monday, September 26.
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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.
Scientific Games: Bill Pfund +1 702-532-7663
Vice President, Investor Relations
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Director, Corporate Communications
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.
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