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Scientific Games receives three-year contract extension with Delaware Lottery for instant games and cooperative services program26 September 2014NEW YORK -- (PRESS RELEASE) -- Scientific Games Corporation (SGMS) ("Scientific Games" or the "Company") today announced that it has signed a full extension of its contract with the Delaware Lottery to continue as a provider of instant lottery games and a Cooperative Services Program (CSP). Under the agreement, the Company will continue to provide instant games to the Delaware Lottery for three additional years beginning February 1, 2015. Scientific Games will also continue to provide CSP services including instant game design, marketing services, warehouse management, inventory control and retail distribution. "Scientific Games has been a trusted supplier to the Delaware Lottery since our first instant game in 1976 and we are pleased to extend this successful relationship," said Vernon Kirk, Delaware Lottery Director. "The extension enables us to continue delivering games that Delaware players find entertaining and that help our retailers grow sales as we fulfill our mission to return maximum contributions to the State of Delaware's General Fund." John Schulz, Senior Vice President, Instant Products for Scientific Games said, "We are honored to continue to provide Delaware players with an entertaining instant product portfolio and to continuing partnering with the Delaware Lottery on a CSP program, which has been in place in the state since 1999. Our collaboration to ensure the right instant games are on sale at the right time with the right retailers has resulted in a 6.8% increase in their instant product category in fiscal year 2014, and 24% increase over last four fiscal years. We look forward to three more successful years." In fiscal year 2014, the Delaware Lottery had a record year with $50.6 million in instant game sales. About the Delaware Lottery Since the start of operations in 1975, the Delaware Lottery has contributed more than $4.1 billion to the state's General Fund to help finance needed state services that benefit everyone in Delaware. |