Scientific Games (Nasdaq:
SGMS) 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
2006-06-30