#Gaming Stock News: Scientific Games (NASDAQ: $SGMS) to Provide End-to-End Gaming Solutions for Baha Mar Casino in The Bahamas
Company Awarded 30 Percent Floor Share; Provides Games, Systems, and Table Products For Opening Of Luxury Bahama Casino Resort
LAS VEGAS - May 23, 2017 (Investorideas.com Newswire) Scientific Games Corporation (NASDAQ: SGMS) ("Scientific Games" or "the Company") today announced new agreements to provide an expansive range of casino systems solutions, table products, games and platforms at Baha Mar Casino in Nassau, The Bahamas for its 100,000 square foot casino, which held its soft opening on April 21, 2017.
Alex W. Pariente, Executive Vice President, Casino Operations and Marketing at Baha Mar, said, "We are pleased that Scientific Games is our technology partner at our new sophisticated casino. Scientific Games provides us with a one-stop-shop, helping us efficiently run our gaming operations while delivering an engaging experience to our international guests."
Scientific Games Chief Executive Officer Kevin Sheehan said, "Our agreement with Baha Mar Casino truly showcases our ability to provide a floorwide gaming experience across an entire casino enterprise. Baha Mar is leveraging a variety of Scientific Games' transformational solutions to drive operating efficiencies and offer the best of entertainment to its players – and we are thrilled to be a major technology partner to this long-awaited and spectacular new destination in The Bahamas."
Leveraging its extensive, industry-leading Bally® Systems suite, Scientific Games powers Baha Mar's high-speed, networked casino floor with its ACSC, CMS/SMS, TableView and Bally Business Intelligence slot monitoring, table management, player tracking, marketing, analytics, and casino accounting solutions.
Each of Baha Mar's 1,140 slot machines is connected to Scientific Games' iVIEW® network to provide patron self-service, marketing messages, and powerful bonusing solutions through iVIEW Display Manager ("DM")'s powerful on-device messaging technology.
Baha Mar chose Scientific Games' new iVIEW4 technology, which combines all the features of the original iVIEW with web-based content management. This enables operators to easily and quickly change marketing content and publish videos or animations themselves, making the content immediately available to the player through the gaming machine, a kiosk, or mobile device.
Using the iVIEW DM on-device interface and without interrupting game play, Baha Mar Casino drives player engagement, second-ways-to-win, and instant rewards through Scientific Games' Elite Bonusing Suite® ("EBS") of turnkey promotions including Power Promotions, Video Poker Bonusing, U-Spin® Wheel Bonus, DM Tournaments, Lucky Match Bonusing, Dynamic Random Bonusing, Flex Rewards, Virtual Racing and Power Winners.
The Company's Servizio intelligent, rule-driven mobile service applications helps Baha Mar Casino's floor staff deliver exceptional guest service by providing messages to team members on their mobile devices that enable them to immediately respond to needs such as jackpot processing, player registration, host functions, slot maintenance and more.
Baha Mar Casino opened with Scientific Games' sophisticated slot platforms and engaging casino games. Baha Mar Casino chose Scientific Games' TwinStar® upright video, TwinStar J43™ and slant; the Bally Pro Wave®, Pro V32™, Pro Stepper and V55; the WMS® Blade™ s32; and the Barcrest® platform.
Scientific Games is providing the casino with a wide array of its highest-performing and most engaging games, including such game titles as 88 Fortunes®, Dancing Drums™, Fu Dao Le®, Zeus®, Kronos®, Lock It Link Night Life™, Lock It Link Diamonds™, Super Quick Hit® Playboy Sunset Sapphires™, and MONTY PYTHON™ Black Knight®.
From Scientific Games' premium portfolio, Baha Mar Casino will offer engaging game titles such as MICHAEL JACKSON™ WANNA BE STARTIN' SOMETHING; CHER LIVE, Hot Shot Platinum®, TITANIC™, SUPER MONOPOLY BOARDWALK SEVENS, IRON MAN™ DELUXE, THE WIZARD OF OZ™ EMERALD CITY, and MONOPOLY™ PRIME REEL ESTATE®.
Baha Mar Casino opened with a Shuffle Master® product on many of its 119 card table games, including an array of utility products for automatic card shuffling such as i-Deal Plus™, one2six®, i-Score Plus®, i-Shoe Auto®, iVerify® and MD3®. Baha Mar Casino also installed an expansive suite of popular Shuffle Master proprietary table games, including several with progressive offerings to add even more excitement to their sophisticated casino floor. Players will find their favorite games including Blackjack Switch® progressive, Caribbean Stud Bonus® progressive, Casino War®, Fortune Pai Gow Poker Progressive®, Free Bet Blackjack, Let It Ride® progressive, Six Card Bonus, Three Card Poker Progressive®, and Ultimate Texas Hold'em Progressive®.
CHER: © 2003 Apis Productions, Inc. All Rights Reserved.
Iron Man, Marvel, and all related characters, TM & © 2008-2017 Marvel Entertainment, Inc. and its subsidiaries. All rights reserved.
Michael Jackson™; Rights of the Publicity and Persona Rights: Triumph International, Inc. © 2017 Triumph International, Inc. Licensing Representative: Authentic Brands Group, LLC
MONOPOLY is a trademark of Hasbro. Used with permission. ©2017 Hasbro. All rights reserved.
MONTY PYTHON™ ©2017 Python (Monty) Pictures Ltd under license from Bravado Merchandising. All rights reserved.
PLAYBOY ©2017 Playboy Enterprises International, Inc. PLAYBOY, PLAYMATE, PLAYBOY BUNNY, and the Rabbit Head Design are trademarks of Playboy Enterprises International, Inc. and used under license by Scientific Games Corporation.
THE WIZARD OF OZ and all related characters and elements © & ™ Turner Entertainment Co. (s17) Judy Garland as Dorothy from THE WIZARD OF OZ. (s17)
TITANIC TM & ©1997, 2017 by Twentieth Century Fox Film Corporation and Paramount Pictures Corporation. All Rights Reserved.
All ® notices signify marks registered in the United States. © 2017 Scientific Games Corporation. All Rights Reserved.
About Scientific Games
Scientific Games Corporation (NASDAQ: SGMS) is a leading developer of technology-based products and services and associated content for worldwide gaming, lottery and interactive markets. The Company's portfolio includes gaming machines, game content and systems; table games products and shufflers; instant and draw-based lottery games; server-based lottery and gaming systems; sports betting technology; loyalty and rewards programs; and interactive content and services. For more information, please visit ScientificGames.com.
Scientific Games: Bill Pfund +1 702-532-7663
Vice President, Investor Relations
Scientific Games: Susan Cartwright +1 702-532-7981
Vice President, Corporate Communications
In this press release, Scientific Games makes "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements describe future expectations, plans, results or strategies and can often be identified by the use of terminology such as "may," "will," "estimate," "intend," "plan," "continue," "believe," "expect," "anticipate," "target," "should," "could," "potential," "opportunity," "goal," or similar terminology. These statements are based upon management's current expectations, assumptions and estimates and are not guarantees of timing, future results or performance. Therefore, you should not rely on any of these forward-looking statements as predictions of future events. Actual results may differ materially from those contemplated in these statements due to a variety of risks and uncertainties and other factors, including, among other things: competition; U.S. and international economic and industry conditions, including slow growth of new gaming jurisdictions, slow addition of casinos in existing jurisdictions, and declines in the replacement cycle of gaming machines; ownership changes and consolidation in the gaming industry; opposition to legalized gaming or the expansion thereof; inability to adapt to, and offer products that keep pace with, evolving technology, including any failure of our investment of significant resources in our R&D efforts; inability to develop successful products and services and capitalize on trends and changes in our industries, including the expansion of internet and other forms of interactive gaming; laws and government regulations, including those relating to gaming licenses and environmental laws; dependence upon key providers in our social gaming business; inability to retain or renew, or unfavorable revisions of, existing contracts, and the inability to enter into new contracts; level of our indebtedness, higher interest rates, availability or adequacy of cash flows and liquidity to satisfy indebtedness, other obligations or future cash needs; inability to reduce or refinance our indebtedness; restrictions and covenants in debt agreements, including those that could result in acceleration of the maturity of our indebtedness; protection of our intellectual property, inability to license third party intellectual property, and the intellectual property rights of others; security and integrity of our products and systems and reliance on or failures in information technology and other systems; challenges or disruptions relating to the implementation of a new global enterprise resource planning system; failure to maintain internal control over financial reporting; natural events that disrupt our operations or those of our customers, suppliers or regulators; inability to benefit from, and risks associated with, strategic equity investments and relationships; failure to achieve the intended benefits of our acquisitions; incurrence of restructuring costs; implementation of complex revenue recognition standards or other new accounting standards; changes in estimates or judgments related to our impairment analysis of goodwill or other intangible assets; fluctuations in our results due to seasonality and other factors; dependence on suppliers and manufacturers; risks relating to foreign operations, including fluctuations in foreign currency exchange rates, restrictions on the payment of dividends from earnings, restrictions on the import of products and financial instability, including the potential impact to our business resulting from the affirmative vote in the U.K. to withdraw from the EU, and the potential impact to our instant lottery game concession or VLT lease arrangements resulting from the recent economic and political conditions in Greece; changes in tax laws or tax rulings, or the examination of our tax positions; dependence on key employees; litigation and other liabilities relating to our business, including litigation and liabilities relating to our contracts and licenses, our products and systems, our employees (including labor disputes), intellectual property, environmental laws and our strategic relationships; influence of certain stockholders; and stock price volatility.
Additional information regarding risks, uncertainties and other factors that could cause actual results to differ materially from those contemplated in forward-looking statements is included from time to time in our filings with the SEC, including the Company's current reports on Form 8-K, quarterly reports on Form 10-Q and its latest annual report on Form 10-K filed with the SEC on February 29, 2016 (including under the headings "Forward Looking Statements" and "Risk Factors"). Forward-looking statements speak only as of the date they are made and, except for Scientific Games' ongoing obligations under the U.S. federal securities laws, Scientific Games undertakes no obligation to publicly update any forward-looking statements whether as a result of new information, future events or otherwise.
SOURCE: Scientific Games Corporation
GamingIndustryStocks.com - investing ideas in gaming stocks, gambling and casino stocks, game publishers and developers stocks
Like Gaming Stocks? View our Gaming Stocks Directory
This news is published on the Investorideas.com Newswire - a global digital news source for investors and business leaders
Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release on the Investorideas.com newswire http://www.investorideas.com/News-Upload/
Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.