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Brooks Pierce Named President of Scientific Games Racing |
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NEW YORK, Aug. 22 /PRNewswire-FirstCall/ -- Scientific Games announced Brooks Pierce has been appointed to the role of President of Scientific Games Racing, the Company's pari-mutuel wagering division. Mr. Pierce is a 16-year veteran of Scientific Games, most recently serving as Vice President of Corporate Marketing for Scientific Games, where he focused on business development, particularly in international markets. Mr. Pierce was also instrumental in the sale of the Company's Racing Communications business earlier this year. Prior to that position, Mr. Pierce was President of Scientific Games Racing from 1997 until 2004. Mr. William Huntley, previously President of Racing Sports & Gaming Technology, has announced his intention to accelerate his retirement, currently scheduled for February 2009. Between now and his retirement -- the exact date of which is still to be determined -- he will continue to manage our worldwide video lottery business as well as Autotote Enterprises Inc., our Connecticut Off-Track Betting and venue management business. "We are delighted to have Brooks return to the helm of our racing division," said Mr. Lorne Weil, Chairman and CEO of Scientific Games. "The respect, confidence and trust Brooks has from customers and staff is a true testament to his leadership abilities. This move will also allow Bill to focus his attention on growing our sports betting and other businesses within the Diversified Gaming Group." About Scientific Games Scientific Games Corporation is the leading integrated supplier of instant tickets, systems and services to lotteries worldwide, a leading supplier of fixed odds betting terminals and systems, Amusement and Skill with Prize betting terminals, interactive sports betting terminals and systems, and wagering systems and services to pari-mutuel operators. It is also a licensed pari-mutuel gaming operator in Connecticut, Maine 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/ . Company Contact: Investor Relations Scientific Games 212-754-2233 Forward-Looking Statements In this press release we make "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Forward- looking statements describe future expectations, plans, results or strategies and can often be identified by the use of terminology such as "may", "will," "estimate," "intend," "continue," "believe," "expect," "anticipate," "could," "potential," "opportunity," or similar terminology. These statements are based upon management's current expectations, assumptions and estimates and are not guarantees of future results or performance. Actual outcomes may differ materially from those projected in these statements due to a variety of risks and uncertainties and other factors, including, among other things: competition; material adverse changes in economic and industry conditions in our markets; technological change; retention and renewal of existing contracts and entry into new contracts; availability and adequacy of cash flow to satisfy obligations and indebtedness or future needs; protection of intellectual property; security and integrity of software and systems; laws and government regulation, including those relating to gaming licenses, permits and operations; inability to identify, complete and integrate future acquisitions; seasonality; dependence on suppliers and manufacturers; factors associated with foreign operations; dependence on key personnel; failure to perform on contracts; resolution of pending or future litigation; labor matters; and stock price volatility. Additional information regarding risks and uncertainties and other factors that could cause actual results to differ materially from those contemplated in forward-looking statements is included from time to time in our filings with the SEC, including our most recent Annual Report on Form 10-K. Forward-looking statements speak only as of the date they are made, and except for our ongoing obligations under the U.S. federal securities laws, we undertake no obligation to publicly update any forward-looking statements whether as a result of new information, future events or otherwise. CONTACT: Investor Relations, Scientific Games, +1-212-754-2233 Web site: http://www.scientificgames.com/ Company News On-Call: http://www.prnewswire.com/comp/117695.html |
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