LAS VEGAS and ATLANTA, Feb. 26, 2020 /PRNewswire/ -- Scientific Games Corporation (NASDAQ: SGMS) ("Scientific Games" or the "Company") has successfully integrated new, advanced core instant ticket system technology with the gaming system provided by its joint venture partner to support Lotterie Nazionali, S.r.l., the operator of Gratta e Vinci in Italy, the world's largest instant game lottery. The newly integrated system will power more than 60,000 retail points of sale. Since 2004, the Company has supplied Lotterie Nazionali and its predecessor, Consorzio Lotterie Nazionali, with instant ticket system technology.
Gratta e Vinci instant games launched in 2004 and the product category grew to more than $10 billion in annual retail sales by 2018, a more than 23% compound annual growth rate (La Fleur's Almanac). Scientific Games also supplies the majority of instant games purchased by players in the country of more than 60 million inhabitants.
Pat McHugh, Group Chief Executive Lottery, for Scientific Games, said, "We're proud of our long-standing relationship with Lotterie Nazionali, and excited to provide our new instant ticket system technology in Italy. Our games and technology are continually advancing with focus on responsibly maximizing lottery returns to lottery beneficiaries."
Serving 150 lotteries in more than 50 countries worldwide, Scientific Games is a leading provider of instant games, licensed properties, lottery systems, digital platforms and games, mobile, promotional and loyalty programs. The Company is the largest lottery systems supplier in Europe and its games generate more than 70% of lottery instant game retail sales globally.
About Scientific Games Scientific Games Corporation (NASDAQ: SGMS) is a world leader in entertainment offering dynamic games, systems and services for casino, lottery, social gaming, online gaming and sports betting. Scientific Games offers the gaming industry's broadest and most integrated portfolio of game content, advanced systems, cutting-edge platforms and professional services. Committed to responsible gaming, Scientific Games delivers what customers and players value most: trusted security, engaging entertainment content, operating efficiencies and innovative technology. For more information, please visit scientificgames.com
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Susan Cartwright +1 702-532-7981 Vice President, Corporate Communications [email protected]
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 can be identified by words such as "will," "may," and "should." These statements are based upon management's current expectations, assumptions and estimates and are not guarantees of timing, future results or performance. Therefore, you should not rely on any of these forward-looking statements as predictions of future events. Actual results may differ materially from those contemplated in these statements due to a variety of risks, uncertainties and other factors, including those factors described in our filings with the Securities and Exchange Commission (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 February 18, 2020 (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.