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07/27/2004 - Scientific Games and Cantor Index Form Global Joint Venture to Implement and Market New Pari-Mutuel

NEW YORK -- SCIENTIFIC GAMES CORPORATION (NASDAQ:SGMS) and Cantor Index LLC announced the formation of a global joint venture to implement and market new, proprietary pari-mutuel bets. Cantor Index has developed new forms of pari-mutuel wagering and Scientific Games Racing will create the bet software and write the code enabling it to run on tote systems worldwide.


"We are very enthusiastic about this opportunity to offer horse racing fans an entirely new way to place wagers," said Scientific Games Chairman and CEO Lorne Weil. "These innovative bets bring a whole new level of excitement to the Sport of Kings and we have great expectations for their eventual success."


The first bet is expected to be a variation of the traditional Pick Six bet when patrons pick winners in a pre-determined set of six races. With the new bet, fans can pick winners for any set of six (or other number of) races. The parties said the introduction of the new bets will be dependent upon regulatory approval.


Lee Amaitis, President and CEO of Cantor Index, said, "We are excited to be working with Scientific Games, one of the leading totalisator companies in the world. We believe that content, in this case the type of betting option, is fundamentally important to the future of horse racing. The more fun and interesting the wager, the more likely fans will return again and again."


About Scientific Games


Scientific Games Corporation is the leading integrated supplier of instant tickets, systems and services to lotteries, and the leading supplier of wagering systems and services to pari-mutuel operators. It is also a licensed pari-mutuel gaming operator in Connecticut 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. For more information about Scientific Games, please visit our web site at http://www.scientificgames.com/.


About Cantor Index


Cantor Index LLC is an affiliate of Cantor Index Limited, which is a licensed bookmaker in the UK and a leading financial and sports betting company. Both are subsidiaries of Cantor Fitzgerald L.P., a global financial services firm. Cantor Index offers unified account management and real-time mission critical transactions over the telephone, online, and via its groundbreaking mobile application. Cantor Index Limited is also regulated by the Financial Services Authority in the UK. For more information about Cantor Index, please visit our web sites at http://www.cantorindex.com/ and http://www.cantormobile.com/.


Safe Harbor


This press release includes statements that constitute forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. This information involves risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. For certain information regarding these risks and uncertainties, reference is made to Scientific Games' Annual Report on Form 10-K/A for the fiscal year ended December 31, 2003 and the Quarterly Report on Form 10-Q for the period ended March 31, 2004.


Company Contacts: Lisa D. Lettieri Tom Ryan
Scientific Games Corporation Cantor Index
212-754-2233 212-610-2425

Source: Scientific Games Corporation; Cantor Index LLC

CONTACT: Lisa D. Lettieri, Scientific Games Corporation,
+1-212-754-2233; Tom Ryan of Cantor Index, +1-212-610-2425


Web site: http://www.scientificgames.com/
http://www.cantorindex.com/
http://www.cantormobile.com/

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