Keith O’Loughlin, SVP Sportsbook, Digital at Scientific Games, said: “BCLC is a valued customer and we’re excited to launch OpenTrade with the Lottery. OpenTrade is the final piece of the jigsaw that will allow BCLC to provide its large customer base with exciting experiences that are backed by reliable technology and trading expertise. We’re looking forward to next chapter of our journey with BCLC. They have an excellent team who are demonstrating the power of bringing digital gaming and betting experiences to the forefront of world lottery strategies.”
BCLC Launches Scientific Games Sports Trading Service
BCLC’s PlayNow.com sports betting offering strengthened with OpenTrade
LAS VEGAS – June 17, 2020 – Scientific Games Corporation (NASDAQ: SGMS) (“Scientific Games” or the “Company”) launched its OpenTrade Managed Trading Services (MTS) for sports betting with longtime customer British Columbia Lottery Corporation (BCLC).
As part of the continued relationship, BCLC’s PlayNow.com digital gaming site is now live with the full OpenTrade risk and liability management service. BCLC has access to proprietary feeds services, pre-match and in-play pricing across the full range of U.S. sports and many more.
Through Scientific Games’ OpenTrade service, BCLC will be able to offer 300,000 events, 200,000 events in-play and over 25 million markets per year, once global sporting activity returns to normal levels.
BCLC now utilizes the Company’s full OpenSports™ product suite, following the Lottery’s agreement with Scientific Games to power its digital sports betting offering through 2024.
This latest launch reaffirms Scientific Games’ position as a leading digital supplier to World Lottery Association (WLA) members across the globe. The Company is among the first to receive WLA certification as a Responsible Gaming Supplier, and the first supplier member of the Global Lottery Monitoring System (GLMS) which ensures the integrity of sports betting worldwide.
Keith O’Loughlin, SVP Sportsbook, Digital at Scientific Games, said: “BCLC is a valued customer and we’re excited to launch OpenTrade with the Lottery. OpenTrade is the final piece of the jigsaw that will allow BCLC to provide its large customer base with exciting experiences that are backed by reliable technology and trading expertise. We’re looking forward to next chapter of our journey with BCLC. They have an excellent team who are demonstrating the power of bringing digital gaming and betting experiences to the forefront of world lottery strategies.”
Scientific Games provides games, technology and services to more than 150 lotteries worldwide, including all Canadian lotteries. The Company currently serves more than 35 lottery sports betting customers globally.
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About Scientific Games
Scientific Games Corporation (NASDAQ: SGMS) is a world leader in entertainment offering dynamic games, systems and services for casino, lottery, social gaming, online gaming and sports betting. Scientific Games offers the gaming industry's broadest and most integrated portfolio of game content, advanced systems, cutting-edge platforms and professional services. Committed to responsible gaming, Scientific Games delivers what customers and players value most: trusted security, engaging entertainment content, operating efficiencies and innovative technology. For more information, please visit scientificgames.com.
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Forward-Looking Statements
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 can be identified by words such as "will," "may," and "should." 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, uncertainties and other factors, including those factors described in our filings with the Securities and Exchange Commission (the “SEC”), including Scientific Games’ 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 18, 2020 (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.