Scientific Games and Marker Trax Unite to Accelerate Move to Cashless Funds

LAS VEGAS – August 16, 2021 –As the gaming industry shifts to cashless solutions, Scientific Games Corporation (NASDAQ: SGMS) (“Scientific Games” or the “Company”) announces their partnership with Marker Trax, a cashless alternative to issuing casino markers.

“We have followed the evolution of Marker Trax and we see low friction, player credit offerings as a compelling addition to our Unified Wallet cashless solution,” said Rob Bone, senior vice president of global systems, and tables at Scientific Games. “This partnership enhances the player’s gaming experience, and we look forward to collaborating with the Marker Trax team to offer the most complete cashless technology.”

Through online and mobile app enrollment, players can apply for a Marker Trax account and be fully underwritten and approved for an instant revolving advance line of casino credit in less than 5 minutes. An interface with Scientific Games slot management system and industry-leading Unified Wallet cashless solution allows for approved funds to be immediately available to the players electronically at their machine.

Scientific Games’ award-winning technology accounts for the players’ cashless advances and balances seamlessly augmenting both the player’s experience and the operator’s efficiency.

Enrollment in Marker Trax is free and requires the player to be a member of the operator’s loyalty program. Once enrolled players have access to their cashless advance right at their favorite machine. 

“We’re excited to be working with the great group of industry leaders at Scientific Games as we expand the reach of Marker Trax”, said Charlie Skinner, Marker Trax Chief Operating Officer.

Players will have full access to their account information on the mobile app and website, giving them the ability to make payments, check their account balances and a variety of other user-friendly transactions.

Gary Ellis, Founder and CEO of Marker Trax said, “We’re focused on player convenience and operator efficiency and our collaboration with Scientific Games strengthens our commitment to the industry.”

The Marker Trax solution provides operators with a robust dashboard that gives onscreen access to information such as player activity, reports, data analysis and other functionality to harness the performance of Marker Trax. The data retrieved allows operators to take action to continue to engage and retain players and leverage the benefits of Marker Trax to impact their database and slot performance.

© 2021 Scientific Games Corporation. All rights reserved.

 

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.

Media Inquiries: media@lnw.com


Forward-Looking Statements
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.

Date: 08/16/2021

Category: Gaming

Type: Release