Press release article from our research archive:

South Carolina Education Lottery Exercises Option to Extend Online Scientific Games' Lottery Contract to November 2008.

NEW YORK, May 13 /PRNewswire-FirstCall/ -- SCIENTIFIC GAMES CORPORATION announced that the South Carolina Education Lottery (SCEL) has exercised the final one-year option to extend Scientific Games' online lottery contract. The option is valued at $5.4 million and extends the contract until November 15, 2008.

Scientific Games helped SCEL launch its new lottery in 2002. Since inception, the Lottery has generated over $2.8 billion in lottery sales and transferred over $798 million to the South Carolina Education Lottery Account.

"We are very proud of our role in assisting SCEL these past three years and look forward to continuing to help maximize sales and generate ...

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