Scientific Games Corporation SGMS today announced that the Company has signed a five-year contract extension to serve as the primary vendor to supply instant tickets and related services including game design, marketing, warehousing and distribution to the Georgia Lottery Corporation. The five-year extension lengthens the current contract to 2018. Revenue to Scientific Games will continue to be based on a percentage of instant ticket retail sales.
"Our contract extension with Scientific Games provides for new technology and equipment and a continued high level of service to the Lottery and its customers," said Georgia Lottery Corporation President and CEO Margaret DeFrancisco. "Given today's economic climate and the need to continue developing new revenue initiatives, the timing of the extension makes good business sense to effectively maximize revenue for the HOPE Scholarship and Pre-K programs in Georgia."
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