The three-year contract, which began last July 1, includes an option for the Lottery to extend the contract for up to two additional years.
Revenue to Scientific Games will continue to be based on a price-per-thousand tickets basis. "Scientific Games has been providing secure and entertaining gaming products to New Hampshire Lottery players for years," said Charles McIntyre, Executive Director of the New Hampshire Lottery. "We have significant trust in both the product quality and service provided by Scientific Games and we look forward to our partnership contributing further to public education."
"New Hampshire was the first of the modern American lotteries," said Jim Trask, President of the Printed Products Group for Scientific Games. "We have cultivated a great relationship with the New Hampshire Lottery and we believe we can continue to help them achieve their sales goals and drive returns for the State's Education Trust Fund."
In fiscal year 2011, the New Hampshire Lottery generated us$ 229 million in total sales, including us$ 161 million from its instant ticket business. Since inception, the Lottery has generated more than us$ 1.4 billion of net profits to help fund education in New Hampshire.