LAS VEGAS, Oct. 31, 2016 /PRNewswire/ -- Scientific Games Corporation (NASDAQ: SGMS) ("Scientific Games" or the "Company") today announced that it was awarded its 12th contract with South African casino and entertainment group Sun International to supply games, systems and table products to their new Sun Time Square casino located in Pretoria, South Africa, highlighting Scientific Games' strong partnership with Sun International and the Company's robust suite of end-to-end solutions for the casino floor.
Sun International awarded Scientific Games a comprehensive order to provide the full spectrum of the Company's sophisticated casino-management solutions to drive floorwide operating efficiencies and player engagement at its new 92,000 square meter (1,000,000 square feet) casino resort, slated to open in April 2017 with 2,000 slot machines and 60 table games.
Bob Parente, Scientific Games' Chief Revenue Officer – Gaming, said, "We appreciate Sun International's expansion of our technology partnership and their recognition of our experienced team and industry-leading innovative games, systems and table solutions to drive player engagement and operational efficiencies at their beautiful new casino resort venture in Pretoria."
Sun International Chief Financial Officer Anthony Leeming said, "We have been longtime technology partners of Scientific Games, and have every confidence that their integrated and sophisticated systems, games and table solutions will help ensure a successful opening of our new Sun Time Square casino, accelerating our ability to engage and reward players across our casino floor while enabling us to run our business efficiently and generate new revenue and player-engagement opportunities".
The new casino will attract players with a number of popular Scientific Games slot products, including the TwinStar, Bally Pro Series V22/22, Bally Pro Series V27/27, Bally Pro Series Wave and WMS Blade stepper game cabinets. Sun International selected a broad scope of Scientific Games' high-performing game content, including titles such as Super 88 Fortunes, Dancing Drums, 5 Treasures, Diamond Eternity, Zhen Chen, Fu Dao Le, Dragon Rising, Lock It Link, Dragon Spin and numerous other titles.
To support its large casino pit, Sun International chose Scientific Games' Shuffle Master card shufflers and utility products including MD3 and Deck Checker.
The Sun Time Square casino will maximize its operating efficiencies by incorporating Scientific Games' core systems solutions SDS®, CMP, Power Promotions with Downloadable Credits and Smartcard Cashless functionality to power its casino floor enterprise, along with a number of other Scientific Games innovations, including:
- Business Intelligence, an advanced application that enables casino operators to analyze and visualize the extensive data gathered throughout their business enterprise.
- Elite Bonusing Suite™ and its 12 powerful applications that enable floorwide bonuses, promotions, tournaments, virtual-racing events, dynamic random bonusing, flex rewards, video poker bonusing and more.
- iVIEW4, the next generation of on-device messaging technology which displays dynamic marketing animations and video with instant response through a state-of-art multi-touch display on the gaming device – without interrupting game play.
- iVIEW® Display Manager ("DM") on-device messaging technology to present content such as player account information, bonusing offers and directed marketing messages on the main game screen or top screen – without interrupting play.
- Power Loyalty, a dynamic system that enables players to redeem points, coupons and comps instantly not only on the casino floor, but also at retail outlets partnered with the casino.
- Power Progressives® progressive jackpot application for centralized control of all SAS paytable progressives on the casino floor.
- TableView real-time table rating and player-tracking system.
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.
About Sun International
Sun International is one of Africa's largest tourism, leisure and gaming groups with a diverse portfolio of assets including world-class five-star hotels, modern and well-located casinos, and some of the world's premier resorts. Our destinations offer experiential luxury, enduring quality and incredible adventure, supported by an authentic dedication to personal service. Sun International was the pioneer of gaming in southern Africa, having brought casinos to this part of the world in the late 1970s. The opening of Sun City set the standard for large-scale international events in South Africa, which continues today.
Sun International has expanded its presence in Latin America following its merger with Dream S.A. (Dreams) and is now the largest gaming company in Latin America.
Scientific Games: Bill Pfund +1 702-532-7663
Vice President, Investor Relations
Scientific Games: Mollie Cole +1 773-961-1194
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; 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 (including those fluctuations related to the affirmative vote in the U.K. to withdraw from the EU), restrictions on the payment of dividends from earnings, restrictions on the import of products and financial instability, including the potential impact to our business resulting from the affirmative vote in the U.K. to withdraw from the EU and 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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SOURCE Scientific Games Corporation