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Hoosier Lottery Extends Scientific Games Contract23 August 2005NEW YORK – (PRESS RELEASE) -- Scientific Games Corporation (Nasdaq: SGMS) announced that it has been awarded a two-year extension from the Hoosier Lottery worth $13.86 million. The agreement commences January 1, 2006. The Hoosier Lottery recorded over $739.34 million in sales for fiscal 2005 of which 63% were from instant lottery ticket sales. The Lottery has returned $2.5 billion to the state of Indiana since 1989 to lower drivers' license plate costs, supplement firefighters', policemen's and teachers' pensions, reduce property taxes and other worthy causes. "We are very happy to be awarded another extension from the Hoosier Lottery," said Lorne Weil, chairman and CEO of Scientific Games Corporation. "The fact that we are the Hoosier Lottery's vendor of choice for both instant lottery tickets and the online lottery operation is a testament to the fact that we are doing a good job for one of the most successful lotteries in the country. We are very proud of our role in assisting the Lottery to maximize sales to fund so many worthwhile projects." "Thanks to a fantastic partnership with Scientific Games, the Hoosier Lottery has increased scratch-off sales by $47.7 million last year and we're looking forward to even greater increases over the next two years," said Esther Q. Schneider, Executive Director of the Hoosier Lottery. "Not only are we excited about continuing innovative ways to increase scratch sales, but we're working very closely with Scientific Games to develop new approaches to increase online games."
Hoosier Lottery Extends Scientific Games Contract
is republished from Online.CasinoCity.com.
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