he contract begins in November 2009, has an initial term of two years and includes three one-year mutual contract extension options.
Revenue to Scientific Games is based on a price per thousand. "We are very grateful to once again be chosen to supply instant tickets for the Wisconsin Lottery," commented Mike Chambrello, President and COO of Scientific Games Corporation. "We have worked with the Wisconsin Lottery since its inception, over 20 years ago, and we look forward to continue assisting the Lottery and watching them grow and prosper."
In fiscal year 2009, the Wisconsin Lottery generated us$ 473 million in retail sales, of which us$ 277 million, or 58 %, was derived from instant ticket sales. Approximately us$ 130 million of those sales went towards property tax relief in Wisconsin.