Tag Archives: GAvin Isaacs

Scientific Games appoints David Smail as Executive VP

Gambling technology provider Scientific Games has confirmed the appointment of David Smail as an Executive Vice-President & Chief Legal Officer. Smail succeeds Katie Lever, the Company’s Executive Vice President and General Counsel, who will remain with Scientific Games until August 31, 2015 to facilitate the transition. Most recently, Smail was Executive Vice President and General Counsel of Morgans Hotel Group Co., where he served as chief …

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Scientific Games secures OPAP VLT partnership

OPAP Q3 bounce back hurt by continued lottery declines

Scientific Games Corporation has announced that it has signed a contract to provide OPAP S.A. with 5,000 video lottery terminals (VLT) pursuant to OPAP’s 10-year license to operate a network of 16,500 VLTs across the country. Deployment is expected to begin in spring 2015 and conclude by the end of the year. “We are proud to be chosen as one …

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Bally acquisition impacts Scientific Games 2014 performance

The $5.1 billion acquisition of slot manufacturer Bally Technologies has had a direct impact on the Q4 performance of Scientific Games. As the operator posted increased group revenues of $565 million (Q4 2014 – $401 million), but a period net loss of $47.1 million. Scientific Games high level acquisition of Bally Technologies, impacted full year 2014 performance as the company …

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Bally Shareholders approve Scientific Games acquisition terms

Bally Technologies announced that its shareholder had approved the $5.1 billion acquisition plan by lottery and gambling technology provider Scientific Games Corp (SGC). The approval gives SGC the right to complete the acquisition deal by the end of 2014. Bally shareholder approval is one of the set conditions which has to be cleared in order for the transaction to close. …

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