Tag Archives: Brookfield Asset Management.

Scientific Games confirms $6bn cash sale of lottery division

SBC News Scientific Games confirms $6bn cash sale of lottery division

Scientific Games Corporation (SGC) has announced this morning that it will sell its SG Lottery unit to Brookfield Business Partners and its institutional partners for a total sum of $6.05 billion.  The consideration will consist of $5.825 billion in cash and an earn-out of up to $225 million dependent on the achievement of specified EBITDA targets in 2022 and 2023. …

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OLG Toronto gambling tender to be ‘High Stakes’ for Caesars Entertainment

SBC News OLG Toronto gambling tender to be 'High Stakes' for Caesars Entertainment

Canadian news sources have reported that the Ontario Lottery & Gaming Corporation (OLG) will select an external gambling firm to run its operations for casino and slot machine services within the Greater Toronto Area. Launching a tender, OLG seeks a gambling enterprise to run its Toronto area racetracks of Ajax Downs and Woodbine as well as its Great Blue Heron …

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