|“Hasbro is pleased to continue our relationship with MDI in delivering our brands to the lottery industry,” said Mark Blecher, SVP of Digital Media & Marketing at Hasbro. “MDI has been a valued and trusted licensee, and has consistently presented our properties in ways that maintain the integrity of our brands, perform well for the lotteries and provide enjoyable experiences for players.” “The Hasbro brands are undoubtedly some of the greatest among licensed games in the lottery space,” commented Steve Saferin, President, Properties Group and Chief Creative Officer for Scientific Games. “As lotteries become more immersed in the digital age and search for quality web-based content to engage players online, having the familiarity and popularity of the Hasbro brands at their disposal for online executions should prove vitally important. Our relationship with Hasbro is significant not only to us but to the industry as a whole, and we’re tremendously gratified to continue it.”|
MDI Extends Agreement with Hasbro, Inc. for MONOPOLY and 14 Other Hasbro Brands
ALPHARETTA, GA – February 26, 2013 – MDI Entertainment, LLC, a subsidiary of Scientific Games Corporation (Nasdaq: SGMS), announced today that it has signed a multi-year extension to its agreement with Hasbro, Inc. (Nasdaq: HAS). The new agreement extends MDI’s exclusive global rights to offer lotteries instant, terminal-generated and digital games featuring Hasbro brands. This includes the MONOPOLY brand, one of the most popular brands for licensed games in the lottery industry, as well as SCRABBLE, BATTLESHIP, CONNECT 4, TWISTER, YAHTZEE, CLUE, BOGGLE, THE GAME OF LIFE, OPERATION, BARREL OF MONKEYS, TRIVIAL PURSUIT, MOUSE TRAP, RISK and CRANIUM.
“Hasbro is pleased to continue our relationship with MDI in delivering our brands to the lottery industry,” said Mark Blecher, SVP of Digital Media & Marketing at Hasbro. “MDI has been a valued and trusted licensee, and has consistently presented our properties in ways that maintain the integrity of our brands, perform well for the lotteries and provide enjoyable experiences for players.”
“The Hasbro brands are undoubtedly some of the greatest among licensed games in the lottery space,” commented Steve Saferin, President, Properties Group and Chief Creative Officer for Scientific Games. “As lotteries become more immersed in the digital age and search for quality web-based content to engage players online, having the familiarity and popularity of the Hasbro brands at their disposal for online executions should prove vitally important. Our relationship with Hasbro is significant not only to us but to the industry as a whole, and we’re tremendously gratified to continue it.”
About Scientific Games
Scientific Games Corporation is a global leader in providing customized, end-to-end gaming solutions to lottery and gaming organizations worldwide. Scientific Games' integrated array of products and services includes instant lottery games, lottery gaming systems, terminals and services, and internet applications, as well as server-based interactive gaming terminals and associated gaming control systems. For more information, visitwww.scientificgames.com.
About Hasbro, Inc.
Hasbro, Inc. (NASDAQ: HAS) is a branded play company dedicated to fulfilling the fundamental need for play for children and families through creative expression of the Company's world class brand portfolio, including TRANSFORMERS, MONOPOLY, PLAY-DOH, MY LITTLE PONY, MAGIC: THE GATHERING, NERF, LITTLEST PET SHOP and G.I. JOE. From toys and games, to television programming, motion pictures, digital gaming and a comprehensive licensing program, Hasbro strives to delight its global customers with innovative play and entertainment experiences, in a variety of forms and formats, anytime and anywhere. The Company's Hasbro Studios develops and produces television programming for more than 170 markets around the world, and for the U.S. on The Hub TV Network, part of a multi-platform joint venture between Hasbro and Discovery Communications (NASDAQ: DISCA, DISCB, DISCK). Through the Company's deep commitment to corporate social responsibility, including philanthropy, Hasbro is helping to build a safe and sustainable world for future generations and to positively impact the lives of millions of children and families every year. It has been recognized for its efforts by being named one of the "World's Most Ethical Companies," is ranked as one of Corporate Responsibility Magazine's "100 Best Corporate Citizens" and was named in the top 10 of the Civic 50 for its efforts to improve the quality of life in the communities where it does business. Learn more at www.hasbro.com.
SCRABBLE is a trademark of Hasbro in the US and Canada only. © 2013 Hasbro.
HASBRO and its logo, the MONOPOLY name and logo, the distinctive design of the game board, the four corner squares, the MR. MONOPOLY name and character, as well as each of the distinctive elements of the board and playing pieces are trademarks of Hasbro for its property trading game and game equipment and are used with permission. © 1935, 2013 Hasbro. All other trademarks are the property of their respective owners. All Rights Reserved.
In this press release, the Company 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 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; material adverse changes in economic and industry conditions; technological change; retention and renewal of existing contracts and entry into new or revised contracts; availability and adequacy of cash flows to satisfy obligations and indebtedness or future needs; protection of intellectual property; security and integrity of software and systems; laws and government regulation, including those relating to gaming licenses, permits and operations; inability to identify, complete and integrate future acquisitions; inability to benefit from, and risks associated with, strategic equity investments and relationships; failure of Northstar to meet the net income targets or otherwise realize the anticipated benefits under its private management agreement with the Illinois Lottery; seasonality; inability to identify and capitalize on trends and changes in the lottery and gaming industries, including the potential expansion of regulated gaming via the internet; inability to enhance and develop successful gaming concepts; dependence on suppliers and manufacturers; liability for product defects; fluctuations in foreign currency exchange rates and other factors associated with international operations; influence of certain stockholders; dependence on key personnel; failure to perform on contracts; resolution of pending or future litigation; labor matters; stock price volatility; inability to satisfy the conditions precedent (including obtaining required regulatory approvals) to, or consummate, the pending acquisition of WMS Industries Inc. at all or in a timely manner; and inability to successfully integrate WMS’ operations, product lines and technology or implement or realize the Company’s plans, forecasts and other expectations (including anticipated synergies) with respect to the combined company following the acquisition. Additional information regarding risks and 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 the Company’s filings with the Securities and Exchange Commission, including under the heading “Risk Factors” in the Company’s periodic reports. Forward-looking statements speak only as of the date they are made and, except for the Company’s ongoing obligations under the U.S. federal securities laws, the Company 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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