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SGMS

Started by BigSully1, February 29, 2008, 01:41:47 PM

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BigSully1

Scientific Games Corp.
750 Lexington Avenue
New York, NY 10022
United States - Map
Phone: 212-754-2233
Fax: 212-754-2372
Web Site: http://www.scientificgames.com

DETAILS  
Index Membership: S&P 400 MidCap
S&P 1500 Super Comp
Sector: Technology
Industry: Diversified Computer Systems
Full Time Employees: 5,500


BUSINESS SUMMARY  
Scientific Games Corporation supplies technology-based products, systems, and services to gaming markets worldwide. It operates in three segments: Printed Products, Lottery Systems, and Diversified Gaming. The Printed Products segment provides instant lottery tickets and related services, including ticket design and manufacturing, as well as value-added services, such as game design, sales and marketing support, specialty games and promotions, inventory management, and warehousing and fulfillment services. This segment also provides paper-based prepaid phone cards. The Lottery Systems segment provides customized computer software, equipment, and data communication services to government-sponsored and privately-operated lotteries. It offers transaction processing software for the accounting and validation of instant and online lottery games, point-of-sale terminals, central site computers, and communications technology, as well as ongoing support and maintenance for these products. The Diversified Gaming segment provides services and systems to private and public operators in the wide area gaming markets and in the pari-mutuel wagering industry. Its product offering includes fixed odds betting terminals, video lottery terminals, monitor games, wagering systems for the pari-mutuel racing industry, sports betting systems and services, and Amusement With Prize and Skill With Prize terminals. The company was incorporated in 1984 and is headquartered in New York, New York.
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BigSully1

Scientific Games' profit more than doubles

By William Spain
Last update: 4:48 p.m. EST Feb. 28, 2008Print  RSS Disable Live Quotes

CHICAGO (MarketWatch) - Growth in both its U.S. and overseas markets helped Scientific Games more than double its fourth-quarter profit on revenue growth of 15%, the lottery firm said Thursday. After the close of trading, Scientific Games (SGMS:scientific games corp cl a
News, chart, profile, more
Last: 21.12+1.48+7.54%

1:27pm 02/29/2008

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SGMS 21.12, +1.48, +7.5%) said it earned $16.4 million or 17 cents a share, up from $7.9 million or 8 cents in the year-ago quarter. Adjusted to exclude various charges and expenses, the company would have earned 27 cents a share, up from 25 cents. Revenue came in at $286 million vs. $232 million. The average estimate of analysts polled by FactSet was for the company to earn 24 cents a share on sales of $278 million. Shares ended the regular session down 4% at $19.64.

BigSully1

Source: Scientific Games


Scientific Games Signs Contract to Provide 25,000 Leonardo/WAVE(TM) Terminals to Sisal in Italy
Friday February 29, 7:32 am ET 
Revenue Estimated at $90 Million


NEW YORK, Feb. 29 /PRNewswire-FirstCall/ -- Scientific Games (Nasdaq: SGMS - News) announced it has signed a contract to provide 25,000 "next generation" Leonardo/WAVE(TM) terminals to Sisal S.p.A., a leading gaming company in Italy. The Leonardo/WAVE(TM) terminal was jointly developed with Sisal, and is a customized version of the WAVE(TM) terminal currently deployed in Connecticut and Maryland. Terminal delivery and installation should begin in April 2008 and span over the next 36 months. The contract is expected to generate approximately $90 million in revenue to Scientific Games over the course of three years.
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The Leonardo/WAVE(TM) terminal is a new sleek and small lottery terminal that is designed to deliver improved business efficiencies for retailers, increase lottery sales, and enable lottery expansion into new retail store formats. The Leonardo/WAVE(TM) has the fastest ticket document processing and printing speeds in the industry making it easier and faster to use as well as the most versatile lottery retail terminal in the world. Among the Leonardo/WAVE(TM)'s extensive list of features is a 15" wide screen color LCD operator display utilizing the latest in touch screen technology and a 12" color LCD customer display with audio and full motion video capability combined to provide a single customer information and advertising center. The Leonardo/WAVE(TM) terminal is realized to meet Sisal's specialized design requirements and will be delivered with a long list of other industry-first features to help Sisal continue its success for many years to come.

"We have been working with Scientific Games since when we together designed Extrema, the first terminal, and have always received quality products, great service and superior results," said Giorgio Sandi, CEO of Sisal S.p.A. "We trust in Scientific Games as a leader in the industry and, renewing our strong collaboration, we have worked closely with them to engineer the new state of the art Leonardo/WAVE(TM) terminal, which will enhance our revenue growth capabilities and satisfy our retailers and our customers."

"Sisal has been a customer of Scientific Games since 1998, and we are thrilled that they will be our first European customer to use the new WAVE(TM) terminal," said Lorne Weil, Chairman and CEO of Scientific Games. "We have always recognized Sisal as a high quality, very creative and extremely efficient operator and we believe these new Leonardo/WAVE(TM) terminals will contribute to that reputation."

About Scientific Games

Scientific Games Corporation is the leading integrated supplier of instant tickets, systems and services to lotteries worldwide, a leading supplier of server based gaming machines and systems, Amusement and Skill with Prize betting terminals, interactive sports betting terminals and systems, and wagering systems and services to pari-mutuel operators. It is also a licensed pari-mutuel gaming operator in Connecticut, Maine and the Netherlands and is a leading supplier of prepaid phone cards to telephone companies. Scientific Games' customers are in the United States and more than 60 other countries. For more information about Scientific Games, please visit our web site at www.scientificgames.com.


     Company Contact:
     Investor Relations
     Scientific Games Corporation
     212-754-2233


About Sisal S.p.A

SISAL Group is a leading player in the Italian Gaming and Betting market, where it has been working for over sixty years with companies deeply specialized in all diversified business sectors: numerical games, sport and horse games, lotteries, AWPs and betting, both in shops and online. With more than 20.000 retailers located throughout the Italian territory, SISAL offers to its customers also a wide range of payment services, such as debit cards and utilities. The Group's activity covers the complete cycle of the necessary operations: organisation, sales, technology, administrative and financial activity. SISAL has recently been awarded the licence to manage SuperEnalotto for the next nine years: SuperEnalotto is the first jackpot game in Italy, which SISAL launched in 1997 and continuously renews to make it the most appreciated game in the Italian market.

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A pattern to follow for this stock : "head and shoulders" inverted... :)