Lottery Awards Gaming Vendor Contract
Scientific Games Remains Lottery Vendor
The Oklahoma Lottery announced today that the office of the State Chief Information Officer has awarded the Lottery’s gaming contract to Scientific Games Corporation. The contract will become effective in August of this year.
Scientific Games Corporation holds the current contract with the Oklahoma Lottery and is responsible for providing the Lottery with a statewide gaming system including: terminals and communications around the state; instant ticket printing, warehousing and distribution; field technical and sales staff and other services vital to the daily operations of the lottery. Scientific Games has been the Oklahoma Lottery’s gaming vendor since the Lottery’s launch in 2005.
“We are pleased to be continuing our partnership with Scientific Games,” said Rollo Redburn, executive director of the Oklahoma Lottery. “Scientific Games has been a great partner over the last eight years and we look forward to our joint effort to raise money for Oklahoma education.”
The contract is a one year contract with the option for nine renewal periods and the contract rate increased to 3.99 percent from 2.84 percent. As a part of the contract, Scientific Games will replace all retailer terminals starting at the end of 2016.
“We’ve been operating for eight years with one of the best per retailer contract costs in the nation. We have known for several years that a new contract would cost more and we have been preparing by reducing the size of our staff and cutting other operating costs,” said Redburn. “Even though our contract rate is higher than our previous rate, it was not unexpected and the Scientific Games offer provided the best option for our gaming services at the best price.”
About the Oklahoma Lottery
Net proceeds of all Lottery games are used to support improvements and enhancements for Oklahoma education. More than $525 million has been contributed to education since October 2005 with funds appropriated by the State Legislature to pay debt service on a higher education capital bond issue; to pay support salaries for public schools and for equipment, scholarships and other purposes at our career and technology education institutions.