NEW YORK - 24 January, 2012: Scientific Games Corporation (Nasdaq: SGMS) and Playtech Limited (AIM: PTEC) today announced that they have entered into an agreement to restructure their strategic relationship relating to internet gaming products and services. Under the agreement, Playtech will license its leading online gaming software to Scientific Games on a mutually non-exclusive basis for use by certain categories of Scientific Games' current and prospective customers, including U.S. casinos and lotteries worldwide.

This restructured arrangement seeks to replicate the successful strategic relationship that Scientific Games' Global Draw subsidiary and Playtech have in place for use of Playtech's Videobet technology for server-based gaming machines. Scientific Games and Playtech expect to continue their close working relationship going forward, focusing on opportunities where partnering is believed to have the greatest potential benefit for both companies.

The parties anticipate entering into additional documentation in the coming weeks to further detail certain aspects of the arrangement. The arrangement effectively replaces the Sciplay joint venture as the vehicle through which the parties may collaborate on internet gaming projects. The Sciplay-related entities will become wholly owned subsidiaries of Scientific Games.

"We believe that our restructured arrangement with Playtech preserves the business and strategic rationale of the Sciplay joint venture and even expands its scope – to be able to offer a powerful combination of Scientific Games' proven ability to provide comprehensive solutions to lotteries and other operators and Playtech's leading internet gaming technology," stated Rick Weil, CEO of Sciplay. "At the same time, the arrangement affords both parties greater flexibility in the provision of internet gaming solutions, given the evolving and highly dynamic internet gaming space."

Mor Weizer, CEO of Playtech, commented, "This is a sensible reflection of the changing nature of the opportunities and the expansion of the potential scope of our relationship. The flexibility this affords both parties will also ensure we can both work in the most effective way. We will look to work together as we both recognize that a number of key opportunities are outside the initial arrangement. It should also be noted that the formal joint venture structure had certain limitations and accounting complexities which we will no longer experience."

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 machines and associated gaming control systems. For more information, please visit www.scientificgames.com.

About Playtech

Playtech develops unified software platforms and content for the online and land-based gaming industry, together with providing a range of ancillary services such as marketing, hosting and CRM services. Leading gaming applications include casino, poker, bingo, sports betting, live gaming, casual and fixed odds games. Playtech provides licensees with the tools to maximise cross-selling opportunities, player loyalty and yield, all through the powerful management interface - the IMS. The Group's capabilities enable the delivery of an integrated software or turnkey solution, with players accessing online, broadcast, mobile and server-based gaming terminals through a single account.

New licensees include existing online operators upgrading or diversifying their offering, land-based casino groups, government sponsored entities such as lotteries, and new entrants making their online gaming debut, particularly in newly-regulated markets. Founded in 1999, Playtech has some 1,000 employees located in development centres in five countries, the majority of whom are engaged in research and development of current and future gaming technologies, together with 900 employees providing ancillary services. For more information, please visit www.playtech.com.



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