BetMGM Extends U.S. iGaming Partnership with Scientific Games
OpenGaming™ Platform and Rich Player Engagement Tools to Power BetMGM
LAS VEGAS – October 14, 2020 – Scientific Games Corporation (NASDAQ: SGMS) (“Scientific Games” or the “Company”) has extended its major partnership with BetMGM and the group’s associated brands in the U.S. BetMGM is a leading sports betting and iGaming joint venture between MGM Resorts International (NYSE: MGM) and GVC Holdings (LSE: GVC).
Dylan Slaney, SVP Gaming, Digital for Scientific Games, said, “Extending our well-established partnership with BetMGM is a sign of our commitment to the U.S. iGaming market and successful collaboration between our companies.
“As part of the deal, we’ll be providing BetMGM with cutting-edge content and better game and player management tools - all to deliver the ultimate online casino experience to their player base. The work our teams have undertaken to establish OpenGaming as the go-to entertainment platform is second to none and we’re looking forward to working with the BetMGM team as they expand across the U.S.”
As part of the extended partnership, BetMGM will operate the Company’s OpenGaming product suite, including the Open Gaming System (OGS), which incorporates market-leading in-house content and third-party games. The operator will also have access to the latest player engagement tools including Free Spins and innovative jackpot features to drive their iGaming offering.
OpenGaming is now live with BetMGM’s operations in New Jersey, with Scientific Games’ fully scalable product suite paving the way for potential expansion into Pennsylvania and further states across the U.S. BetMGM will also launch the world’s leading games across New Jersey, and other regulated U.S. states exclusively via the OGS.
Matthew Sunderland, Vice President Gaming, BetMGM, said, “Scientific Games have been a first class iGaming partner to BetMGM, consistently giving our casino management the best tools and games to offer our players. This builds on a well-established partnership, and Scientific Games will continue to be a key iGaming partner for us as we extend our operational reach in the coming years.”
About Light & Wonder, Inc.
Light & Wonder, Inc. (formerly known as Scientific Games Corporation), is the global leader in cross-platform games and entertainment. The Company brings together 5,000 employees from six continents to connect content between land-based and digital channels with unmatched technology and distribution. Guided by a culture that values daring teamwork and creativity, the Company builds new worlds of play, developing game experiences loved by players around the globe. Its OpenGaming™ platform powers the largest digital-gaming network in the industry. The Company is committed to the highest standards of integrity, from promoting player responsibility to implementing sustainable practices. To learn more, visit lnw.com.
In this press release, the Company 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 the Company’s current reports on Form 8-K, quarterly reports on Form 10-Q and its annual report on Form 10-K that was filed with the SEC on March 1, 2022 (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 the Company’s ongoing obligations under the U.S. federal securities laws, the Company undertakes no obligation to publicly update any forward-looking statements whether as a result of new information, future events or otherwise.