Tag Archives: NASDAQ

Tabcorp adds new pari-mutuel dynamics with Longitude Nasdaq

Tabcorp Holdings has moved to strengthen its racing pari-mutuel provisions, launching the ‘merged pool’ betting services of racing technology developer Longitude, a wholly owned subsidiary of Nasdaq.  Led by an executive team of technology and racing veterans, Longitude seeks to disrupt traditional tote betting systems, offering racing customer broader market selections with deeper engagement. In its partnership with leading Australian …

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GIG begins new journey on Stockholm Nasdaq

Marked as a major corporate milestone, Gaming Innovation Group (GIG) will begin trading as a Stockholm Nasdaq enterprise today (Tuesday 26 March), having secured main market listings approval. Moving forward, GIG will now operate as a dual-listed enterprise, with its shareholding maintained on the Stockholm Nasdaq (ticker – GIGSEK) and Oslo Børs (ticker – GIG). GIG’s Stockholm IPO has been assisted …

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Scientific Games fulfils $1 billion 2026 debt note financing

The governance of Nasdaq-listed gambling technology group Scientific Games Corporation (SGC) has confirmed that it has completed its $1.1 billion private note offering, first announced on 6 March 2019. The transaction is aggregate to 8.25% of SGC senior unsecured debt-notes, due for repayment in 2026 at an issue price of 100%. SGC governance intends to use the debt proceeds to …

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Scientific Games pursues further $1 billion debt note

Issuing a market update, Nasdaq-listed industry technology group Scientific Games Corporation (SGC) has announced that it will move to offer (subject to market conditions) $1.1 billion in senior unsecured debt notes. SGC’s latest debt transaction will be offered to private investors through wholly owned subsidiary Scientific Games International, with the technology group detailing that the unsecured debt notes will be …

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Scientific Games 2018 accounts disrupted by Shuffle Tech settlement

Nasdaq-listed industry technology group Scientific Games Corporation (SGC) has detailed strong progress on its enlarged business capacity and new digital profile publishing its full-year 2018 results. Closing Q4 2018 trading, SGC posts an 8% increase in corporate revenues to $885 million (Q4 2017: $823m), detailing robust growth across its digital, lottery and social gaming assets. The Nasdaq enterprise records Q4 metric …

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LeoVegas sets 50% regulated market revenue target for 2019

The end of a long and ultimately successful road towards gambling market liberalisation in Sweden has put one of its own – Stockholm-listed LeoVegas AB – on target to break the 50 per cent barrier for revenues derived from regulated markets. ________________ LeoVegas has told SBC Magazine that it expects to derive more than 50 per cent of its revenues …

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Caesars recruits Juliana Chugg to board seeking ‘mass appeal’

Filing a corporate statement, Nasdaq-listed US gambling, leisure and entertainment group Caesars Entertainment Corporation has confirmed the appointment of Juliana Chugg to its Board of Directors (pending regulatory approvals). Updating investors, Caesars governance details that it has recruited Chugg as a corporate advisor on brand, diversification, product innovation and licensing strategies. Chugg is the former Group Chief Brand Officer of …

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Strong B2C & B2B mix delivers Q3 double-digit growth for GiG

Oslo-listed online gambling firm Gaming Innovation Group (GiG) continues its strong 2018 momentum, reporting double-digit growth across all its core corporate metrics and performance KPIs for Q3 2018 trading. Citing group-wide initiatives undertaken to improve profitability and general performance, GiG records operating revenues of €37 million up 21% on Q3 2017’s €30 million. Updating investors, the Oslo enterprise details a …

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SG Digital adds ‘Marketing Services’ team to Gibraltar operational set-up

Nasdaq-listed industry technology group, Scientific Games Corporation (SGC), has moved to bolster its SG Digital sportsbook operations team, confirming the launch of its new ‘Marketing Services’ division. Based out of Gibraltar, the Marketing Services team will support SG Digital’s fast growth B2B and B2G business units, which deliver digital systems for igaming, sports betting and lottery customers. In its update, …

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Scientific Games joins GLMS global integrity programme

Nasdaq-listed industry technology and systems supplier Scientific Games Corporation (SGC) has become the first lottery betting supplier to join the Global Lottery Monitoring System (GLMS) programme. The GLMS programme is a lottery industry mutualized monitoring system on sports betting aimed at detecting and analysing suspicious betting activities that could question the integrity of sports competitions. The programme sees global lottery …

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