If it ain’t broke: Florida Lottery extends decades-long deal with Scientific Games

scientific games
The deal is expected to generate $8.5 billion.

The Florida Lottery will be extending the state’s more than 30-year-long partnership with Scientific Games, the only U.S.-based full-service lottery supplier, sources told Florida Politics late Tuesday.

A Lottery evaluation committee met in a public meeting last Monday and recommended Scientific Games as the primary supplier of the state’s scratch-off ticket program.

The Lottery posted its intent to award on the state’s procurement website late  Tuesday.

Scientific Games’ marketing plan is expected to generate $8.5 billion in additional education funds for Florida students, including the financing of an additional 626,000 Bright Futures Scholarships in the years ahead.

As Florida Politics recently reported, the Lottery Revenue Estimating Conference “reported in a Friday meeting that scratch-off sales are through the roof — coming in $50 million higher than what the Lottery estimated for the fiscal year so far. Much of that growth was attributed to the Lottery’s new $10 scratch-off ticket.”

Scientific Games is the state’s lottery vendor that licenses and prints this popular game. It has held the contract since the state lottery’s began more than 30 years ago.

The Las Vegas-based company was also recently named the “Lottery Supplier of the Year Award” by Gaming Intelligence, an industry trade journal.

Florida Politics also previously reported that the Lottery invested $1.9 billion in education funding during the fiscal year ending June 30.

That breaks the record set in the 2017-18 fiscal year when the Florida Lottery contributed $1.7 billion to the Educational Enhancement Trust Fund.

In 1988, tickets produced by Scientific Games accounted for $533 million of first-year sales. In the 2017-18 fiscal year, The Florida Lottery sold more than $4.6 billion scratch-off tickets, which equates to 70 percent of overall sales.

Of the $1.7 billion pumped into the EETF that year, more than $900 million was attributed to instant game sales.

Peter Schorsch

Peter Schorsch is the President of Extensive Enterprises and is the publisher of some of Florida’s most influential new media websites, including Florida Politics and Sunburn, the morning read of what’s hot in Florida politics. Schorsch is also the publisher of INFLUENCE Magazine. For several years, Peter's blog was ranked by the Washington Post as the best state-based blog in Florida. In addition to his publishing efforts, Peter is a political consultant to several of the state’s largest governmental affairs and public relations firms. Peter lives in St. Petersburg with his wife, Michelle, and their daughter, Ella.

One comment

  • TheRabbitsEye

    August 21, 2019 at 1:54 pm

    You should report on the vastly larger sum of money vanishing to something other than education or prize payouts.

Comments are closed.


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