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SOURCE Scientific Games Corporation
NEW YORK, Aug. 20, 2014 /PRNewswire/ -- Scientific Games Corporation (Nasdaq: SGMS) ("Scientific Games" or the "Company"), today announced the appointment of Deron Hunsberger as Senior Vice President, North America Sales, WMS Gaming. In his new role, Mr. Hunsberger will lead sales, participation and leasing, sales support, and marketing for the WMS Gaming business throughout the United States and Canada. Mr. Hunsberger will lead the WMS team's focus on developing the WMS sales and marketing strategies that meet the needs of gaming customers.
Gavin Isaacs, President and Chief Executive Officer of Scientific Games said, "Our goal as a business is to be the partner of choice for all our customers. I know Deron well, and his deep understanding of the gaming industry and his commitment to creating revenue opportunities for customers will bring us closer to that goal. We are thrilled to have him on board as he brings a new level of energy and excitement that will invigorate our sales initiatives to help our customers keep their players in the game."
Mr. Hunsberger is a talented leader in the gaming industry with more than 20 years of sales and marketing experience. He served as Senior Vice President of Sales, Americas at SHFL entertainment, Inc., now Bally Technologies, Inc., from 2011 to July 2014 after joining the company as Vice President of Sales and Marketing, North America in 2010. Previously, Mr. Hunsberger served as Senior National Manager of Gaming Operations at Aristocrat Technologies, Inc. from 2008 to 2010. Before joining Aristocrat Technologies, he served as Director of North American Sales at Konami Gaming, Inc., and held progressively responsible positions as an account executive in the gaming industry.
Mr. Hunsberger said, "Scientific Games offers immense opportunity for success and continuous improvement, and I am delighted to join the Company. At the end of the day, success is driven by quality products and content; WMS Gaming has an impressive product portfolio that consistently generates revenue, and we plan to maximize that value for our customers, players, and the Company. With a treasury of world-class products across multiple gaming platforms, a commitment to customer service and a clear vision of the future, we stand ready to help our customers keep players in the game. I'm excited to join such a passionate team."
About WMS Gaming
WMS Gaming Inc., a wholly owned subsidiary of Scientific Games Corporation (the "Company"), is a leading supplier of innovative gaming entertainment products and services worldwide. The Company designs, develops, manufactures, distributes and markets casino games and gaming machines, video lottery terminals and video gaming terminals. More information on WMS can be found at http://now.wms.com or visit the Company on Facebook®, Twitter® or YouTube®.
About Scientific Games
Scientific Games Corporation is a leading developer of technology-based products and services and associated content for worldwide gaming and lottery markets. The Company's portfolio includes instant and draw-based lottery games; electronic gaming machines and game content; server-based lottery and gaming systems; sports betting technology; loyalty and rewards programs; and social, mobile and interactive content and services. For more information, please visit: www.scientificgames.com.
Mollie Cole (773) 961-1194
In this press release, Scientific Games makes "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," "should," "could," "potential," "opportunity," or similar terminology. These statements are based upon management's current expectations, assumptions and estimates and are not guarantees of timing, future results or performance. Actual results may differ materially from those contemplated in these statements due to a variety of risks and uncertainties and other factors, including, among other things: competition; U.S. and international economic and industry conditions, including declines in or slow growth of lottery retail sales or gross gaming revenues and reductions in or constraints on capital spending by gaming or lottery operators; slow growth of new gaming jurisdictions; slow addition of casinos in existing jurisdictions; declines in the replacement cycle of gaming machines; ownership changes and consolidation in the casino industry; opposition to legalized gaming or the expansion thereof; inability to adapt to, and offer products that keep pace with, evolving technology; inability to develop successful gaming concepts and content; laws and government regulation, including those relating to gaming licenses and environmental laws; inability to identify and capitalize on trends and changes in the lottery and gaming industries, including the expansion of interactive gaming; dependence upon key providers in our social gaming business; inability to retain or renew existing contracts or enter into new contracts, or less favorable modifications to existing contracts; level of our indebtedness; unavailability or inadequacy of cash flows to satisfy obligations or future needs; restrictions and covenants in our debt agreements; protection of our intellectual property, ability to license third party intellectual property and the intellectual property rights of others; security and integrity of our software and systems and reliance on or failures in our information technology systems; natural events that disrupt our operations or those of our customers, suppliers or regulators; inability to benefit from, and risks associated with, strategic equity investments and relationships, including (i) the inability of our joint venture to meet the net income targets or otherwise to realize the anticipated benefits under its private management agreement with the Illinois lottery, (ii) the inability of our joint venture to meet the net income targets or other requirements under its agreement to provide marketing and sales services to the New Jersey lottery or otherwise to realize the anticipated benefits under such agreement (including as a result of a protest) and (iii) failure to realize the anticipated benefits related to the award to our consortium of an instant lottery game concession in Greece; failure to achieve the intended benefits of the WMS acquisition, including due to the inability to realize synergies in the anticipated amounts or within the contemplated time-frames or cost expectations, or at all; inability to complete and integrate future acquisitions, including the pending acquisition of Bally Technologies, Inc. ("Bally") due to the failure to obtain the required approvals or debt financing or otherwise; litigation related to the pending Bally acquisition; disruption of our current plans and operations as a result of the pending Bally acquisition; costs, charges and expenses related to the pending Bally acquisition; the failure to realize the intended benefits of the pending Bally acquisition, including the inability to realize the anticipated synergies in the anticipated amounts or within the contemplated time-frames or cost expectations, or at all; restructuring costs; revenue recognition standards and impairment charges; fluctuations in our results due to seasonality and other factors; dependence on suppliers and manufacturers; risks relating to foreign operations, including fluctuations in foreign currency exchange rates and restrictions on the import of our products; dependence on our employees; litigation and other liabilities relating to our business, including litigation and liabilities relating to our contracts and licenses, our products and systems, our employees, intellectual property and our strategic relationships; influence of certain stockholders; and stock price volatility. Additional information regarding risks, 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 under the heading "Risk Factors" in our most recent Annual Report on Form 10-K. Forward-looking statements speak only as of the date they are made and, except for Scientific Games' ongoing obligations under the U.S. federal securities laws, Scientific Games undertakes no obligation to publicly update any forward-looking statements whether as a result of new information, future events or otherwise.
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