LAS VEGAS – October 19, 2020 – Scientific Games Corporation (NASDAQ: SGMS) (“Scientific Games” or the “Company”) is continuing its legacy of developing industry-leading products with the unveiling of the new Kascada cabinet.
Kascada, which will initially launch in North America, is the Company’s first, truly international cabinet and will be available to gaming operators around the world. Built by an award-winning group of Research & Development team members located across the globe, Kascada is the next generation of the top-selling TwinStar J43® cabinet. Kascada offers a modernized version of the J43, boasting an ultra-high-definition 4K graphics display on a 43-inch, innovative double curved monitor and features an exciting new lighting package.
Kascada builds upon the gaming cabinet revolution Scientific Games began with the introduction of the ALPHA Pro Wave®, the first curved-screen portrait cabinet. That cabinet sent shockwaves through the industry, changed the look of casino floors and transformed the player-experience.
“Kascada is part of the evolution of the gaming floor,” said Matt Wilson, Executive Vice President and Gaming Group Chief Executive. “Technology in consumer electronics is rapidly evolving. We’re creating truly immersive experiences to match what players have become accustomed to in entertainment experiences off the casino floor.
“In developing both cabinets and games, we’re leveraging international teams to tap into and meet consumer expectations around the globe,” Wilson continued. “And, we’ve added top-tier executive talent with operator experience to our commercial team to ensure we keep the perspective of our operator-partners first and foremost. As we evolve our talent and better understand consumer demands and operator needs, our product lines continue to improve. This people plus product approach is a winning combination for us, and our partners.”
People Powering Progress
A new, but familiar face to the team is Melissa Price, Senior Vice President of Global Gaming Operations. Price joined Scientific Games from Caesars Entertainment where she spent 13 years overseeing enterprise gaming operations for the corporation’s more than 40 casino-resorts worldwide. Her operator-first perspective will assist in the Kascada global launch.
Adding to this commercial expertise, is the prowess of the studio tasked with developing the first game to be featured on the cabinet. Renowned game-maker Qin You, whose studio is behind the popular themes 88 Fortunes® and Dancing Drums®, has developed exciting new content for Kascada. Building upon her passion for mathematics and history, Qin’s team will unveil Coin Combo™ with the launch of Kascada.
Proven Product Performance
Coin Combo is the next chapter in the story of the internationally successful Duō Fú Duō Cái games series, which began nine years ago with the original 88 Fortunes game that sparked a frenzy of Asian-style video slot games on casino floors across the industry.
Launching Kascada with a proven performer is a testament to Scientific Games’ commitment to developing the solutions operators need now. Coin Combo is set to hit casino floors timed to the 2021 Lunar New Year celebration.
As an industry-leader, Scientific Games continues to evolve by leveraging proven performers and the expertise of its people to develop cutting-edge products that support operator-partners and move the industry forward. For additional information on Scientific Games’ latest cabinet and game innovations, visit scientificgames.com.
© 2020 Scientific Games Corporation. All Rights Reserved.
About Light & Wonder, Inc.
Light & Wonder, Inc. is the leading cross-platform global games company. Through our three unique, yet highly complementary businesses, we deliver unforgettable experiences by combining the exceptional talents of our 6,000+ member team, with a deep understanding of our customers and players. We create immersive content that forges lasting connections with players, wherever they choose to engage. At Light & Wonder, it’s all about the games. 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, Light & Wonder 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 Light & Wonder’s filings with the Securities and Exchange Commission (the “SEC”), including its 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 February 27, 2024 (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 Light & Wonder’s ongoing obligations under the U.S. federal securities laws, Light & Wonder undertakes no obligation to publicly update any forward-looking statements whether as a result of new information, future events or otherwise.
Date: 10/19/2020
Category: Gaming
Type: Release