Texas Lottery Adds Six More Years to SGMC Contract
On Wednesday, October 17, 2018, the Scientific Games Corporation in a press statement announced that they have agreed to a six-year contract extension with Texas Lottery. The contract with Texas Lottery is for the supply of instant scratch games and it will run all through to 2024. Scientific Games Corporation manufactures a variety of innovative instant products as well as families of games including Scratch My Back’ games that allow players to play on both sides of the ticket. They also have HD Games that have become a hit with Texas Lottery players.
Texas Lottery became the first lotteries that launched SGMC’s Willy Wonka Golden Ticket’ in 2017. The game is linked across 16 states and the winners from Texas and other participating states will attend the Billion Dollar Challenge event in Las Vegas come spring 2018.
Texas Lottery Offers Education and Veteran’s Assistance?
According to Gary Grief, the Texas Lottery executive director, the contract extension comes after they reviewed the innovations SGMC is bringing to the lottery and gambling industry. Texas lottery players have taken to the games like a duck to water and part of the proceeds from the sale of tickets goes into making contributions to organizations that deal with veteran and education matters. Gary added that the game manufacturer is a trusted business partner and they hope that they grow together.
The partnership between the two companies goes back 26 years and Texas Lottery has made over $1 billion annual revenue for the past 15 years. By 2018, they had contributed a total of $1.450 billion to organizations offering veteran and education assistance across Texas.
On the other hand, Instant Products, Lottery for SGMC Senior VP, John Schulz, announced their commitment to upholding the partnership that has helped both companies grow. SGMC has an account team that is conversant with the unique revenue and business requirements used by Texas Lottery. He added that their game designers are on the verge of launching more value-added and innovative products that will help Texas Lottery achieve its goals for the coming years.
Innovative Games Since 1974
SGMC has nine instant game presses in five manufacturing plants spread out across four continents. Statistics show that SGMC generates over 70%of the game retail sales in the US. It launched the first secure instant lottery game in the world in 1974 and today, the company has grown to provide games, services, and technology to over 150 lotteries across the world.
SGMC is the leader in technology-based gaming systems, sports betting platforms, lottery instant games, digital real-money gaming, casino table games, and utility products. The company has been keen to uphold responsible gaming by delivering operational efficiencies, engaging content for entertainment purposes, trusted security, and innovative technology solutions to lotteries, casinos and the players.
With the continued collaboration between these two companies, it is expected that more innovative ways are coming and participating in the Texas Lottery will help the company get more children to school and help veterans integrate back to the society after their stints in the battlefield.
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