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NEWS 18 May 2018

Scientific Games executives weigh in on Supreme Court ruling

By Caroline Watson

Following the US Supreme Court’s ruling to strike down the 1992 federal ban on sports betting, a number of companies from around the world have offered their insights into what this landmark decision could mean for the future of their businesses.

Three executives from Scientific Games have offered their opinions on the decision that opens up sports betting across the country, finally ending Nevada’s monopoly on the practice.

Referring to the Supreme Court’s ruling, Barry Cottle, CEO SG Interactive and incoming President & CEO of Scientific Games, says: “This decision will potentially bring about the greatest wave of gaming expansion in the United States in the past 20 years. This is certainly an exciting development for our industry, our customers and our company.

“Scientific Games is uniquely equipped to help our customers capitalise on this new sports betting opportunity. I have full confidence that our dgital and lottery teams will underpin this ruling with world-class customer service and speed-to-market solutions for all stakeholders.”

Also weighing in on the decision was Matt Davey, Group Chief Executive of SG Digital, stating: “The US Supreme Court's decision today creates an unprecedented opportunity for sports betting providers and operators, and most of all sports betting enthusiasts in the US. We're excited to see this first step toward legalisation, and we are well advanced in working with our lottery and gaming partners on solutions to fit their individual needs.

“The market growth expected as a result of this decision will have lasting impact on the US gaming and lottery industry, and on the revenues generated for the states that participate.

“While the ruling certainly benefits operators and suppliers, it’s also a fantastic development for bettors and players. Soon, they’ll have cohesive, legal, and regulated solutions that allow them to bet in a safe and protected betting environment.”

And finally, Pat McHugh, SVP Global Lottery Systems, adds: “This is a historic move forward for the US gaming and lottery industry. Legalised sports wagering will allow our lottery customers to provide an entertaining product to their players, all while generating significant revenue for states and lottery beneficiaries.

Beyond the excitement, legal sports betting will offer Americans the ability to place secure bets using trusted technology that meets all regulatory requirements and protects the wager, the consumer and the lottery or gaming organisation.”

RELATED TAGS: Online | Land-Based | Sports Betting | Legal & Regulatory
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