Public Gaming International November/December 2021

20 PUBLIC GAMING INTERNATIONAL • NOVEMBER/DECEMBER 2021 PGRI INTERVIEWS Paul Jason: What an interesting time this is for the industry in general, and now Scientific Games Lottery in particular. Pat McHugh: We are very pleased with the way everything unfolded and very excited for the opportunities that lie ahead for Scientific Games Lottery and our customers. Brookfield brings to bear tremendous resources that will accelerate our innovation and growth plans to serve our customers. Brookfield is a highly di- versified investment company with $625 billion under management. They have a portfolio of investments in long-term assets such as major real estate develop- ment, infrastructure, and renewable energy. Many of these are in highly regulated industries, and they understand government stakeholder environments. They look for companies in industries with a long growth history and trajectory, with strong market leadership positions, innovative vision, and strong leadership teams. Their investment in Scientific Games Lottery will allow our leader- ship team to continue running this very successful global lottery business with accelerated investment in our growth plans. It says a lot that we were selected to be a part of Brookfield and their in- vestment partners’ impressive portfolio of companies, and we will have the benefit of access to more capital resources. So Brookfield will be involved in the formulation of long-term strategy but give you the space to execute your vision for Scientific Games Lottery? P. McHugh: That’s correct. We appreciate the high-level vision and expertise they bring to the boardroom and the guidance they will provide as we evolve Scientific Games Lottery to capture opportunities in a changing marketplace. The Brook- field team will assist us in the application of the most progressive and effective business practices, and in identifying the best way to allocate capital resources and where we might add strategic acquisitions that are focused on lottery. Brookfield also has a deep understanding of the global marketplace and relationships with governments based on their extensive experience with large-scale infrastruc- ture development. That expertise will certainly enhance and inform our approach towards the development of a broad global strategy. And Brookfield recognizes the important role that Scientific Games Lottery’s culture, decades of lottery industry expe- rience, and our management team plays in driving success for the benefit of all stakeholders – customers and employees, as well as shareholders. Could you describe a little bit about what Scientific Games Lottery will look like? Where do things like SciPlay, sports-betting, and iLottery land in the final organization of assets? P. McHugh: Everything our customers know about Scientific Games Lottery today stays the same, with some ad- PGRI INTRODUCTION: Following is a discussion about the implications of the sale of Scientific Games Lottery to Brookfield Business Partners L.P., and why the future looks bright indeed for customers and stakeholders of Scientific Games Lottery. UNLOCKING THE FULL VALUE OF SCIENTIFIC GAMES LOTTERY FOR THE BENEFIT OF ITS CUSTOMERS Pat McHugh President & Chief Executive Officer, Scientific Games Lottery