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Scientific Games Files Patent Infringement Suit Against GTECH
Lawsuit Claims Unlawful Use of Group Participation Multiplier Patents
NEW YORK, May 9 /PRNewswire-FirstCall/ -- SCIENTIFIC GAMES CORPORATION
(NASDAQ:SGMS) announced that its wholly-owned subsidiary, Scientific Games
Royalty Corporation, has filed a patent infringement lawsuit in the Federal
District Court in Delaware against GTECH Corporation (NYSE:GTK). The lawsuit
concerns the enforcement of Scientific Games' group participation multiplier
patents, U.S. Patent Nos. 6,648,753 and 6,692,354 and GTECH's unauthorized and
illegal use of same including its use of the patents in the Rhode Island
Lottery's Powerball Power Play and Keno Plus games.
Lorne Weil, Scientific Games' chairman and CEO, said, "It is our intention to
vigorously protect our intellectual property whenever necessary. Many
lotteries, the Multi-State Lottery Association and International Game
Technology have already signed license agreements concerning these patents in
recognition of our legal rights and it is time for GTECH to do so."
The patents apply to online lottery games that have an optional bonus wager as
a feature of the game. In the event that a player wins a prize in the base
game and has opted to make the bonus wager, all of the player's prizes in the
base game, with the exception of the jackpot amount, may be multiplied by a
randomly selected multiplier.
About Scientific Games
Scientific Games Corporation is the leading integrated supplier of instant
tickets, systems and services to lotteries, and the leading supplier of
wagering systems and services to pari-mutuel operators. It is also a licensed
pari-mutuel gaming operator in Connecticut and the Netherlands and is a leading
supplier of prepaid phone cards to telephone companies. Scientific Games'
customers are in the United States and more than 60 other countries. For more
information about Scientific Games, please visit our web site at
http://www.scientificgames.com/.
Forward-Looking Statements
In this press release we make "forward-looking statements" within the meaning
of the United States Private Securities Litigation Reform Act of 1995. In some
cases, forward-looking statements can be identified by the use of
forward-looking terminology such as "may," "will," "estimate," "intend,"
"continue," "believe," "expect" or "anticipate," or the negatives thereof,
variations thereon or similar terminology.
These forward-looking statements generally relate to plans and objectives for
future operations and are based upon management's reasonable estimates of
future results or trends. Although we believe that the plans and objectives
reflected in or suggested by such forward-looking statements are reasonable,
such plans or objectives may not be achieved.
Actual results may differ from projected results due, but not limited, to
unforeseen developments, including developments relating to the following:
* economic, competitive, demographic, business and other conditions in
our local and regional markets;
* changes or developments in the laws, regulations or taxes in the gaming
and lottery industries;
* actions taken or omitted to be taken by third parties, including
customers, suppliers, competitors, members and shareholders, as well as
legislative, regulatory, judicial and other governmental authorities;
* changes in business strategy, capital improvements, development plans,
including those due to environmental remediation concerns, or changes
in personnel or their compensation, including federal, state and local
minimum wage requirements;
* the availability and adequacy of our cash flow to satisfy our
obligations, including our debt service obligations and our need for
additional funds required to support capital improvements, development
and acquisitions;
* an inability to renew or early termination of our contracts;
* an inability to engage in future acquisitions;
* the loss of any license or permit, including the failure to obtain an
unconditional renewal of a required gaming license on a timely basis;
and
* resolution of any pending or future litigation in a manner adverse to
us.
Actual future results may be materially different from what we expect. We will
not update forward-looking statements even though our situation may change in
the future.
DATASOURCE: Scientific Games Corporation
CONTACT: Lisa D. Lettieri of Scientific Games Corporation,
+1-212-754-2233
Web site: http://www.scientificgames.com/