 Newsletter Signup
Stay informed with the
NEW Casino City Times newsletter! Related Links
|
Gaming News
Scientific Games wins French contract11 February 2008NEW YORK -- (PRESS RELEASE) -- Scientific Games (Nasdaq: SGMS) announced it has been chosen as the primary instant ticket provider to La Francaise des Jeux ("FDJ"), the operator of the French National Lottery. The contract begins January 2008, will have an initial term of three years and will provide for extension options of up to three years. The contract is expected to generate approximately $10 million in annual revenue based on a minimum quantity of tickets. Tickets printed under this contract will include Scientific Games Orion(TM) encoding that will enable the keyless validation of FDJ's instant tickets using digital camera technology. Orion(TM) is the latest generation of Scientific Games' keyless instant ticket validation technology licensed by FDJ. Orion(TM) technology is replacing the SciScan(TM) technology currently deployed at 35,000 FDJ points of sale. In the near future, all of FDJ's retail outlets will be equipped with hardware capable of validating Orion(TM) enabled instant tickets. "La Francaise des Jeux has been a great partner for us, and we look forward to working with them for many years to come," said Lorne Weil, Chairman and CEO of Scientific Games. "FDJ is already among the top worldwide lotteries, but we continue to see potential for growing the instant ticket sales by utilizing best practices, new technology and additional services." "We are pleased to extend our relationship with Scientific Games," said Christophe Blanchard-Dignac, President and CEO of La Francaise des Jeux. "Scientific Games is the instant ticket leader, and has proven its ability to grow lotteries time and time again. We strongly believe their expertise coupled with the new Orion(TM) encoding technology will help to drive efficiency and profits for the lottery going forward." In fiscal 2007, Le Francaise des Jeux's instant ticket lottery generated approximately $4.5 billion in retail sales. |