Scientific Games sign deal with Colorado Lottery to provide scratch cards
DENVER, CO – Scientific Games Corporation has announced that the Company has signed a contract to be the primary vendor to supply instant ticket games and related services to the Colorado Lottery. The Company was selected following a competitive procurement process, as previously announced on October 28, 2010. The contract extends through June 2014 and includes three one-year contract extension options. Revenue to Scientific Games is based on a price per thousand instant games.
“The Colorado Lottery holds its instant tickets to the highest standards of integrity, entertainment and efficiency,” said Abel Tapia, Director of the Colorado Lottery. “Scientific Games has been our vendor since 1983 and they have demonstrated time and again their commitment to innovative design and printing technologies, while providing best-in-class security and customer service.”
“We have a strong relationship with the Colorado Lottery and we are pleased to once again be their instant ticket primary vendor,” commented Jim Trask, President of the Printed Products Group for Scientific Games Corporation. “We believe our unmatched level of critical support services and value-added offerings will help the Lottery achieve its sales goals and drive returns for the State’s environmental and recreational efforts.”
In fiscal year 2010, the Colorado Lottery generated $501.2 million in retail sales, of which $328.1 million were derived from instant ticket game sales. The Lottery returned $112.9 million to the state to support open space conservation, wildlife protection, trail construction and other recreational efforts.
Source: Press Release from Scientific Games
Published: March 9, 2011