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Scientific Games Hits the Lottery
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Business New Haven
8/5/2002
By: BNH
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NEW YORK - Scientific Games Corp. (NASDAQ: SGMS) has been awarded a contract to supply instant tickets by the Connecticut Lottery Corp. The company estimates that the new
contract may result in the procurement of significantly more instant tickets than the prior agreement, and could be worth approximately $3 million over the initial term of two years. The contract also provides for three one-year options to renew.
Said Jim Vance, president and CEO of the Connecticut Lottery Corp., “Scientific Games has proved to be a reliable, innovative and cost-efficient partner and we are happy to award them this instant ticket contract. Our partnership has worked well over the past several years and Scientific Games has been an important contributor to our successful lottery program.”
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