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Exhibit 25.1
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FORM T-1
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF ELIGIBILITY
UNDER THE TRUST INDENTURE ACT OF 1939 OF A
CORPORATION DESIGNATED TO ACT AS TRUSTEE
CHECK IF AN APPLICATION TO DETERMINE
ELIGIBILITY OF A TRUSTEE PURSUANT TO
SECTION 305(b)(2) |_|
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THE BANK OF NEW YORK
(Exact name of trustee as specified in its charter)
New York 13-5160382
(State of incorporation (I.R.S. employer
if not a U.S. national bank) identification no.)
One Wall Street, New York, N.Y. 10286
(Address of principal executive offices) (Zip code)
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Autotote Corporation
(Exact name of obligor as specified in its charter)
Delaware 81-0422894
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
750 Lexington Avenue, 25th Floor
New York, New York 10022
(Address of principal executive offices) (Zip code)
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TABLE OF ADDITIONAL REGISTRANTS
Autotote Lottery Corporation Delaware 52-1808020
220 South Continental Dr.
Newark, DE 19713
Autotote Enterprises, Inc. Connecticut 06-1370549
600 Long Wharf Drive
New Haven, CT 06511
Acra Acquisition Corp. New Jersey 51-0383829
100 Bellevue Rd
Newark, Delaware 19714
Marvin H. Sugarman Productions, Inc. New York 13-1951915
750 Lexington Avenue
New York, New York 10022
Autotote Gaming, Inc. Nevada 88-0415955
100 Bellevue Rd
Newark, Delaware 19714
Autotote Keno Corporation Nebraska 51-0354751
100 Bellevue Rd
Newark, Delaware 19714
Autotote Systems, Inc. Delaware 51-0354754
100 Bellevue Rd
Newark, Delaware 19714
Autotote International, Inc. Delaware 51-0213540
100 Bellevue Rd
Newark, Delaware 19714
Autotote Management Corporation Delaware 51-0354754
100 Bellevue Rd
Newark, Delaware 19714
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Autotote Dominicana Inc. Delaware 51-0404302
100 Bellevue Rd
Newark, Delaware 19714
Scientific Games Holdings Corp. Delaware 13-3615274
1500 Bluegrass Lakes Parkway
Alpharetta, GA 30004
Scientific Games Inc. Delaware 58-1943521
1500 Bluegrass Lakes Parkway
Alpharetta, GA 30004
Scientific Games (Greece), Inc. Delaware 58-2130029
1500 Bluegrass Lakes Parkway
Alpharetta, GA 30004
Scientific Games Acquisition, Inc. Delaware 58-2105952
1500 Bluegrass Lakes Parkway
Alpharetta, GA 30004
Scigames France Inc. Delaware 58-2391571
1500 Bluegrass Lakes Parkway
Alpharetta, GA 30004
Scientific Games Finance Corporation Delaware 51-0381259
1500 Bluegrass Lakes Parkway
Alpharetta, GA 30004
Scientific Games Royalty Corporation Delaware 51-0381261
1500 Bluegrass Lakes Parkway
Alpharetta, GA 30004
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12-1/2% Senior Subordinated Notes Due 2010, Series B
(Title of the indenture securities)
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1. GENERAL INFORMATION. FURNISH THE FOLLOWING INFORMATION AS TO THE TRUSTEE:
(A) NAME AND ADDRESS OF EACH EXAMINING OR SUPERVISING AUTHORITY TO WHICH
IT IS SUBJECT.
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Name Address
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Superintendent of Banks of the 2 Rector Street, New York, N.Y. 10006
State of New York and Albany, N.Y. 12203
Federal Reserve Bank of New 33 Liberty Plaza, New York, N.Y. 10045
York
Federal Deposit Insurance Washington, D.C. 20429
Corporation
New York Clearing House New York, N.Y. 10005
Association
(B) WHETHER IT IS AUTHORIZED TO EXERCISE CORPORATE POWERS.
Yes.
2. AFFILIATIONS WITH OBLIGOR.
IF THE OBLIGOR IS AN AFFILIATE OF THE TRUSTEE, DESCRIBE EACH SUCH
AFFILIATION.
None.
16. LIST OF EXHIBITS.
EXHIBITS IDENTIFIED IN PARENTHESES BELOW, ON FILE WITH THE COMMISSION,
ARE INCORPORATED HEREIN BY REFERENCE AS AN EXHIBIT HERETO, PURSUANT TO
RULE 7A-29 UNDER THE TRUST INDENTURE ACT OF 1939 (THE "ACT") AND 17
C.F.R. 229.10(D).
1. A copy of the Organization Certificate of The Bank of New York
(formerly Irving Trust Company) as now in effect, which contains
the authority to commence business and a grant of powers to
exercise corporate trust powers. (Exhibit 1 to Amendment No. 1 to
Form T-1 filed with Registration Statement No. 33-6215, Exhibits
la and lb to Form T-1 filed with Registration Statement No.
33-21672 and Exhibit 1 to Form T-1 filed with Registration
Statement No. 33-29637.)
4. A copy of the existing By-laws of the Trustee. (Exhibit 4 to Form
T-1 filed with Registration Statement No. 33-31019.)
6. The consent of the Trustee required by Section 321(b) of the Act.
(Exhibit 6 to Form T-1 filed with Registration Statement No.
33-44051.)
7. A copy of the latest report of condition of the Trustee published
pursuant to law or to the requirements of its supervising or
examining authority.
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SIGNATURE
Pursuant to the requirements of the Act, the Trustee, The Bank of New
York, a corporation organized and existing under the laws of the State of New
York, has duly caused this statement of eligibility to be signed on its behalf
by the undersigned, thereunto duly authorized, all in The City of New York, and
State of New York, on the __th day of ________, 2000.
THE BANK OF NEW YORK
By:
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Name:
Title:
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Consolidated Report of Condition of EXHIBIT 7
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THE BANK OF NEW YORK
of One Wall Street, New York, N.Y. 10286
And Foreign and Domestic Subsidiaries.
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a member of the Federal Reserve System at the close of business June 30, 2000,
published in accordance with a call made by the Federal Reserve Bank of this
District pursuant to the provisions of the Federal Reserve Act.
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Dollar Amounts
ASSETS in Thousands
Cash and balances due from depository institutions:
Noninterest-bearing balances and currency and coin ...... $ 4,133,121
Interest-bearing balances ............................... 4,153,905
Securities:
Held-to-maturity securities.............................. 908,946
Available-for-sale securities ........................... 4,889,160
Federal funds sold and Securities purchased under agreements
to resell ............................................... 4,471,741
Loans and lease financing receivables:
Loans and leases, net of unearned income................. 38,423,509
LESS: Allowance for loan and lease losses............... 590,846
LESS: Allocated transfer risk reserve................... 12,596
Loans and leases, net of unearned income,
allowance and reserve ................................... 37,820,067
Trading Assets ............................................. 11,028,326
Premises and fixed assets (including capitalized leases) ... 722,622
Other real estate owned .................................... 6,351
Investments in unconsolidated subsidiaries and associated
companies ............................................... 166,189
Customers' liability to this bank on acceptances outstanding 1,154,448
Intangible assets .......................................... 1,338,942
Other assets ............................................... 3,392,303
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Total assets ............................................... $74,166,121
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LIABILITIES -- Deposits
In domestic offices ..................................... $28,759,739
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Noninterest-bearing ..................................... 12,991,192
Interest-bearing ........................................ 15,768,547
In foreign offices, Edge and Agreement subsidiaries and IBFs 26,421,204
Noninterest-bearing ..................................... 550,232
Interest-bearing ........................................ 25,870,972
Federal funds purchased and Securities sold under agreements
to repurchase ........................................... 1,619,310
Demand notices issued to the US Treasury.................... 100,000
Trading liabilities ........................................ 2,337,972
Other borrowed money
With remaining maturity of one year or less ............. 1,754,237
With remaining maturity of more than one year through three
years ................................................. 0
With remaining maturity of more than three years ........ 31,080
Banks liability on acceptances executed and outstanding ... 1,155,970
Subordinated notes and debentures ......................... 1,652,000
Other liabilities ......................................... 4,169,081
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Total liabilities ......................................... 68,000,593
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EQUITY CAPITAL--Common stock .............................. 1,135,284
Surplus ................................................... 956,428
Undivided profits and capital reserves .................... 4,156,469
Net unrealized holding gains (losses) on available-for-sale
securities .............................................. (33,142)
Accumulated net gains (losses) on cash flow hedges ........ 0
Cumulative foreign currency translation adjustments (29,511)
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Total equity capital ...................................... 6,185,528
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Total liabilities and equity capital ...................... $74,186,121
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I, Thomas J. Mastro, Senior Vice President and Comptroller of the above-named
bank do hereby declare that this Report of Condition has been prepared in
conformance with the instructions issued by the Board of Governors of the
Federal Reserve System and is true to the best of my knowledge and belief.
-- Thomas J. Mastro
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We, the undersigned directors, attest to the correctness of this Report of
Condition and declare that it has been examined by us and to the best of our
knowledge and belief has been prepared in conformance with the instructions
issued by the Board of Governors of the Federal Reserve System and is true and
correct. DIRECTORS : Thomas A. Renyi, Gerald L. Hassell, Alan R. Griffith
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