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Scientific Games Announces CBS Senior National Security Analyst and Former Homeland Security Chair Frances Townsend To Give EMPOWER Conference Keynote Address

LAS VEGAS, Feb. 15, 2017 /PRNewswire/ -- Scientific Games Corporation (NASDAQ: SGMS) ("Scientific Games" or the "Company") today announced that Frances Frago Townsend, CBS Senior National Security Analyst and Former Homeland Security Chair, will give the keynote address March 8 during the Company's EMPOWER customer conference at Planet Hollywood Las Vegas Resort & Casino on the Las Vegas Strip.

The well-known and highly regarded homeland security expert and TV personality will address the more than 600 attendees at Scientific Games' EMPOWER conference, speaking on "Leading During Turbulent Times: Remembering the 5 C's."

Townsend is currently Executive Vice President for Worldwide Government, Legal and Business Affairs at MacAndrews and Forbes Incorporated, wholly owned by Scientific Games Chairman of the Board Ronald O. Perelman. She works across MacAndrew's portfolio companies, focusing on international, legal, compliance and business development issues.

Prior to that, she was a corporate partner with the law firm of Baker Botts, LLP. From 2004 to 2008, Townsend served as Assistant to President George W. Bush for Homeland Security and Counterterrorism and chaired the Homeland Security Council. She also served as Deputy National Security Advisor for Combatting Terrorism from May 2003 to May 2004. Townsend spent 13 years at the U.S. Department of Justice under the administrations of President George H. W. Bush, President Bill Clinton, and President George W. Bush. She has received numerous awards for her public service accomplishments.

Townsend is an on-air senior national security analyst for CBS News and, before that, she was at CNN for seven years. She regularly appears on network and cable TV as a foreign policy, counterterrorism, national and homeland security expert. She also serves on several government advisory and nonprofit boards. Townsend is a trustee on the board of the New York City Police Foundation, Business Executives for National Security, and the Intrepid Sea, Air & Space Museum. She is also a member of the Council on Foreign Relations and previously served as a member of the Trilateral Commission.

Scientific Games' private, invitation-only EMPOWER conference March 7-9 is the only event in the gaming industry that gives casino professionals exclusive access to Scientific Games product experts and insider information on how to best maximize investments in Scientific Games' broad suite of casino and interactive products and technology solutions.

The fast-paced three-day event, focused on gaming and interactive technology solutions, is expected to draw more than 600 casino operators from across the globe from departments which include executive management; accounting and finance; casino credit; slot operations; table games; compliance; food and beverage; hotel operations; IT/IS; internal audit; internet gaming; purchasing; and marketing.

Conference participants will have the opportunity to attend more than 60 educational sessions and how-to workshops, receive access to more than 20 partner exhibits, gain deep insights into Scientific Games' product roadmaps and strategies – and enjoy valuable networking opportunities.

EMPOWER sponsors are: PLATINUM — Tovis; SILVER — 3M, BCM Advanced Research, Everi Holdings, Simtech and Zebra Technologies; BRONZE — Axiomtek, Effinet Systems, Gary Platt Manufacturing, KIOSK Information Systems, NRT Technology Corp., Sightline Payments/Vantiv, Synopsys and Transact Technologies; ASSOCIATE — eConnect, HBM Technology Partners, JCM Global, Olea Kiosks, Sigmatron International, SmartSoft, Inc. and Touch Dynamic.

Conference registration is limited to Scientific Games casino customers, sponsors, and special guests. To register for EMPOWER, please visit Scientific Games.com.

About Scientific Games
Scientific Games Corporation (NASDAQ: SGMS) is a leading developer of technology-based products and services and associated content for worldwide gaming, lottery and interactive markets. The Company's portfolio includes gaming machines, game content and systems; table games products and shufflers; instant and draw-based lottery games; server-based lottery and gaming systems; sports betting technology; loyalty and rewards programs; and interactive content and services.

COMPANY CONTACTS:
Investor Relations:
Scientific Games:  Bill Pfund +1 702-532-7663
Vice President, Investor Relations
bill.pfund@scientificgames.com

Media Relations:
Scientific Games: Susan Cartwright +1 702-532-7981
Vice President, Corporate Communications
susan.cartwright@scientificgames.com

Forward-Looking Statements
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," "plan," "continue," "believe," "expect," "anticipate," "target," "should," "could," "potential," "opportunity," "goal," 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 gross gaming revenues or lottery retail sales, reductions in or constraints on capital spending by gaming or lottery operators and bankruptcies of, or credit risk relating to, customers; limited growth from new gaming jurisdictions, declines in the replacement cycle of existing gaming machines and slow addition of casinos in existing jurisdictions; ownership changes and consolidation in the gaming industry, including by casino operators; 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 regulations, including those relating to gaming licenses and environmental laws; inability to identify and capitalize on trends and changes in the gaming, lottery and interactive industries; dependence upon key providers in our social gaming business; inability to retain or renew, or unfavorable revisions of, existing contracts, and the inability to enter into new contracts; level of our indebtedness, higher interest rates, availability or adequacy of cash flows and liquidity to satisfy indebtedness, other obligations or future cash needs; inability to reduce or refinance our indebtedness; restrictions and covenants in our debt agreements, including those that could result in acceleration of the maturity of our indebtedness; protection of our intellectual property, inability 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 realize the anticipated benefits under its private management agreement with the Illinois lottery or from the disentanglement services performed in connection with the termination thereof, (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 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 Bally acquisition or the WMS acquisition, other recent acquisitions, or future acquisitions, including due to the inability to successfully integrate such acquisitions or realize synergies in the anticipated amounts or within the contemplated time frames or cost expectations, or at all; disruption of our current plans and operations in connection with our recent acquisitions (including in connection with the integration of Bally and WMS), including departure of key personnel or inability to recruit additional qualified personnel or maintain relationships with customers, suppliers or other third parties; incurrence of employee termination or restructuring costs, and impairment or asset write-down charges; changes in estimates or judgments related to our impairment analysis of goodwill or other intangible assets; implementation of complex revenue recognition standards; 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 (including those fluctuations related to the affirmative vote in the U.K. to withdraw from the EU), restrictions on the payment of dividends from earnings, restrictions on the import of products and financial instability, including the potential impact to our business resulting from the affirmative vote in the U.K. to withdraw from the EU and the potential impact to our instant lottery game concession or VLT lease arrangements resulting from the recent economic and political conditions in Greece; dependence on our key 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 (including labor disputes), 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 the Company's current reports on Form 8-K, quarterly reports on Form 10-Q and its latest annual report on Form 10-K filed with the SEC on February 29, 2016 (including under the headings "Forward Looking Statements" and "Risk Factors"). 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.

 

SOURCE Scientific Games Corporation