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June
Scientific Games to Supply Sports Betting System for Norway
Yahoo! News (press release) - USA -June 30, 2006
Scientific Games (Nasdaq: SGMS - News) has been awarded a contract
to replace the legacy sports betting system of Norway's state-owned
Norsk Tipping. The contract, tendered through a competitive public
procurement process, is valued at approximately $8.4 million over
five years. The new sports betting engine will work in parallel
with Norsk Tipping's legacy MasterLink System, conform to WLA (World
Lottery Association) standards, and add the ability to handle bets
from agent terminals.
Norsk Tipping sought a system that would be compatible with its
current sports games operations and scalable enough to meet the
demands of its Statement of Direction and Development Road Map for
new games and features. Scientific Games will manage the transition,
including installation, testing and final delivery of the solution
from its offices in Stockholm and Vienna.
"We see sports betting as a source of growth for lotteries
worldwide and have developed the tools to enable them to bring these
kinds of games online efficiently, without the need to replace legacy
systems, and to add new games and services on demand" said
Lorne Weil, Chairman and CEO of Scientific Games. "We look
forward to working with Norsk Tipping and to assist them in setting
a sports betting standard for the world."
"To better serve our customers, we want a more flexible sports
betting system, offering both speedier turnaround and the power
to offer new game formats," said Reidar Nordby Jr., President
and CEO of Norsk Tipping. "Scientific Games was able to give
us that with their new Sports Betting System, connecting to our
new state-of-the-art integration platform."
Norsk Tipping is Norway's leading gaming company, wholly-owned
by the Norwegian state, with revenues of $1.4 billion in 2005. The
company's main objectives are to provide the Norwegian people with
responsible games and entertainment and at the same time ensure
a secure and long-term profit for the beneficiary organizations,
divided equally between the sports and culture sectors. The company
operates the games of chance, Lotto, Viking Lotto and Joker; the
games of skill Tipping and Oddsen; and the scratch game Flax. In
addition, the company operates the TV game, Extra, on behalf of
the Norwegian Foundation for Health and Rehabilitation.
Source Code: http://biz.yahoo.com/prnews/060630/nyf013.html?.v=56 |
