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Scientific Games to close plant in San Antonio, Texas

RP news wires, Noria Corporation

Scientific Games announced plans to close its plant in San Antonio, Texas, citing adequate production capacity in its other plants worldwide. The plant was acquired in May 2007 as part of Scientific Games' acquisition of Oberthur Gaming Technologies (OGT). The closing, which will affect approximately 350 jobs in the San Antonio metro area, will take place in stages and is expected to be completed by the end of the year.

Some of the plant's technicians and managers will be offered the opportunity to relocate to other Scientific Games operations. For those employees not offered relocation or who elect not to relocate, the company will be providing an industry standard severance package, arrangements for continuity of health insurance, and outplacement assistance to aid in their search for new jobs.

"While we regret having to announce a plant closing, we are taking this step as part of keeping our promise to customers to bring efficiencies and best practices to them as part of this acquisition, and doing so before the conclusion of the lease on the San Antonio plant in May of next year. We are confident that this is a positive step forward for the business and our customers in rationalizing our production operation to a single site in the United States," said Michael Chambrello, president and chief operating officer of Scientific Games.

Scientific Games Corporation is the leading integrated supplier of instant tickets, systems and services to lotteries worldwide, a leading supplier of fixed odds betting terminals and systems, Amusement and Skill with Prize betting terminals, interactive sports betting terminals and systems, and wagering systems and services to pari-mutuel operators. It is also a licensed pari-mutuel gaming operator in Connecticut, Maine and the Netherlands and is a leading supplier of prepaid phone cards to telephone companies. Scientific Games' customers are in the United States and more than 60 other countries.

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