LAS VEGAS and ATLANTA, March 26, 2020 / PRNewswire / – Scientific Games Corporation (NASDAQ: SGMS) (“Scientific Games” or the “Company”) announces a partnership with Abacus Solutions International Group (“Abacus”) on a secure solution allowing buyers to buy lottery draws and instant games in the tracks retail payment. The deal is part of Scientific Games’ technological innovation in the field of retail lottery solutions to provide buyers with the convenience of purchasing lottery products with other store items in the payment path. Retail solution supports maximum benefits for vital programs funded by government lotteries, including health and wellness, seniors, veterans, education, environment and infrastructure . “Data-reactid =” 13 “>LAS VEGAS and ATLANTA, March 26, 2020 / PRNewswire / – Scientific Games Corporation (NASDAQ: SGMS) (“Scientific Games” or the “Company”) announces a partnership with Abacus Solutions International Group (“Abacus”) on a secure solution allowing buyers to buy lottery draws and instant games in the tracks retail payment. The deal is part of Scientific Games’ technological innovation in the field of retail lottery solutions to provide buyers with the convenience of purchasing lottery products with other store items in the payment path. Retail solution supports maximum benefits for vital programs funded by government lotteries, including health and wellness, seniors, veterans, education, environment and infrastructure .
In the majority of large retail stores, this convenience is not yet available and lottery games are purchased at a separate customer service counter or through a self-service machine. Abacus, which has significant penetration in supermarkets and big box stores, is a lottery technology partner that securely connects lottery system technology directly through a retailer’s point of sale technology.
Simon Butler, CEO of Abacus. “Data-reactid =” 27 “>” Our research shows that in grocery stores in particular, only 5% of shoppers visit the area of the store where the lottery terminal is located and where games can be purchased, “said Simon Butler, CEO of Abacus.
Europe. “data-reactid =” 28 “> Integration with Abacus’ third-party solution using their unique fusion platform will allow secure online lottery sales thanks to the new game from Scientific Games SCiQ retail technology system and AEGIS the technology of lottery draw game systems, allowing buyers to buy instant games and draw at the cash register. Abacus has more than 30,000 activated lanes with its lottery service in Europe.
Randall Lex, VP Lottery Retail Solutions for Scientific Games. “Our vision for retail innovation includes secure third-party technology integrations that support lottery revenues with the most advanced technology possible.” “Data-reactid =” 29 “>” This partnership with Abacus is another example of Scientific Games’ commitment to invest. in a new retail innovation that opens up opportunities for lotteries to bring products to players wherever they are, “said Randall Lex, VP Lottery Retail Solutions for Scientific Games. “Our vision for retail innovation includes secure third-party technology integrations that support lottery revenues with the most advanced technology possible.”
Butler said, “Abacus technology makes it possible to purchase lottery tickets and instant games from any point-of-sale terminal, and significantly increases the lottery terminal’s footprint in stores Our partnership with Scientific Games is a significant and exciting step forward, enabling Abacus technology with our retail partners to offer huge growth opportunities for lotteries and their beneficiaries. “
Terry Presta, Abacus Commercial Director United States. “Working together to provide lotteries with lottery sales opportunities and new and innovative ways to play is the future of the lottery and this partnership embraces this opportunity.” “Data-reactid =” 31 “>” The Abacus and Scientific Games- The track solution puts lottery products in front of 100% of the store’s customers and fits into their current buying behavior, “said Terry Presta, Abacus Commercial Director United States. “Working together to provide lotteries with lottery sales opportunities and new and innovative ways to play is the future of the lottery and this partnership embraces this opportunity.”
Scientific Games is a U.S.-based company that provides games, technology and services to more than 150 lotteries around the world, including almost all of the North American lotteries.
2020 Scientific Games Corporation. All rights reserved.
scientificgames.com. “data-reactid =” 39 “> Scientific Games Corporation (NASDAQ: SGMS) is a global entertainment leader providing dynamic games, systems and services for casino, lottery, social games, online games and sports betting. Scientific Games offers games The widest and most integrated portfolio of gaming content, advanced systems, advanced platforms and professional services Engaged in responsible gaming, Scientific Games offers what customers and players value most: reliable security, engaging entertainment content, operational efficiency and innovative technology. more information, please visit scientificgames.com.
Abacus, the gateway to the heart of the connection of consumers, retailers and lotteries on the world market. Abacus believes that the future of the lottery lies in integrating into existing infrastructure for retailers and consumers by providing a highly secure transaction gateway that allows all parties to work together and create mutual growth. The Abacus Fusion platform is at the heart of the connection of consumers, retailers and lotteries, the Abacus team managing the integration from start to finish. Abacus believes in building long-term relationships by working together to develop new and innovative solutions. Using cutting-edge technology, created by avant-garde industry experts, the Abacus gateway enables lotteries and retailers to respond to the ever-changing consumer market with speed, agility, reliability and integrity. For more information, please visit lotteryeverywhere.com
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February 18, 2020 (including under the headings “Forward-looking statements” and “Risk factors”). Forward-looking statements speak only as of the date they are made and, with the exception of Scientific Games’ ongoing obligations under US securities laws, Scientific Games does not undertake to update publicly forward-looking statements, whether as a result of new information, future events, or otherwise. “data-reactid =” 46 “> In this press release, Scientific Games makes” forward-looking statements “within the meaning of the US Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as” will , “May” and “should”. These statements are based on management’s current expectations, assumptions and estimates and are not guarantees of timing, future results or performance. Therefore, you should not rely on to any of these forward-looking statements as forecasts of future events. Actual results may differ significantly from those contemplated in these statements due to various risks, uncertainties and other factors, including factors described in our documents filed with of the Securities and Exchange Commission (the “SEC”), including the company’s current reports on Form 8-K, quarterly reports iels on Form 10-Q and its latest annual report on Form 10-K filed with the SEC on February 18, 2020 (including under the headings “Forward-looking statements” and “Risk factors”). Forward-looking statements speak only as of the date they are made and, with the exception of Scientific Games’ ongoing obligations under US securities laws, Scientific Games does not undertake to update publicly forward-looking statements, whether as a result of new information, future events or otherwise.
http://www.prnewswire.com/news-releases/scientific-games-and-abacus-solutions-partner-on-technology-for-lottery-sales-in-retail-check-out-lanes-301030661.html“data-reactid =” 70 “> See the original content to download the multimedia:http://www.prnewswire.com/news-releases/scientific-games-and-abacus-solutions-partner-on-technology-for-lottery-sales-in-retail-check-out-lanes-301030661.html
SOURCE Scientific Games Corporation
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