Tag Archives: Scientific Games Corporation

Scientific Games absorbs Q1 restructuring costs for Digital future

Further to announcing its corporate leadership change, Scientific Games Corporation (SGC) has today published its Q1 2018 trading update (period ending 31 March), detailing a number of financial restructuring adjustments. The Nasdaq-listed technology group reported a 12% increase in group revenues to $811 million (Q1 2017: $725 million), supported by revenue growth recorded across its core divisions – SG Gaming …

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Scientific Games expands OpenBet US compliance dynamics with GeoComply

Nasdaq-listed industry technology supplier Scientific Games Corporation (SGC) has announced that it will utilise geo-location software GeoComply in anticipation of regulated sports betting being legalized in the United States. Preparing for the potential repeal of federal PASPA laws, SGC will install GeoComply’s solution within its OpenBet sportsbook platform network, which services the industry’s largest amount of operators. “Scientific Games has been …

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Scientific Games secures full upgrade for Szerencsejáték Zrt Hungary

Nasdaq-listed industry technology provider, Scientific Games Corporation (SGC) has expanded its existing relationship with Hungary state-owned gambling operator Szerencsejáték Zrt, upgrading its full services portfolio. A client of SGC since 1997, Szerencsejáték Zrt will upgrade its gambling systems to a new omni-channel framework servicing its digital verticals and active 5,000 retail betting points. The upgrade sees Szerencsejáték Zrt further install …

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SG Digital ramps up United States sports betting preparations

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Scientific Games Corporation is planning to gain ground on its competition, ahead a potentially significant shift of the sports betting landscape within the United States. The organisation has announced that SG Digital, through its OpenBet sports betting solution, has commenced sportsbook product review sessions with New Jersey’s Division of Gaming Enforcement (DGE).   Should the US Supreme Court repeal the …

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Scientific Games reveals OpenBet Cheltenham Festival figures

Scientific Games Corporation has revealed its Cheltenham Festival figures, with its SG Digital OpenBet sportsbook processing a record number of account transactions. The platform processed in excess of 38 million bets, an increase of almost ten percent on 2017, with the number of bets per minute placed through a single operator during the festival peaking at 15,800. In addition, The …

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Scientific Games grows German instant lottery offering

Scientific Games (SG) Corporation has announced a fresh five year contract related to the provision of lottery games and services for the southwest German state. Agreeing the deal with Lotto Rheinland-Pfalz GmbH, SG are to provide lottery instant titles and its Cooperative Services Program (CSP), for instant games management for the state and its approximately four million residents. Providing instant …

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Kazakhstan gets National Lottery courtesy of Scientific Games

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NASDAQ listed gambling technology suppliers Scientific Games Corporation, has announced that it is bringing lottery game entertainment to the Republic of Kazakhstan. Launching the National Lottery of Kazakhstan it was detailed that JSC Satty Zhuldyz is to operate the offering, after being awarded a 15 year contract, with Scientific Games serving as the exclusive supplier of all games, technology and …

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Duo of corporate responsibility awards for Scientific Games

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Scientific Games Corporation has announced it has received two 2018 Communitas Awards, which honour excellence in corporate social responsibility for ethical and environmental sustainability and for community service. The industry technology provider received its first award for “Excellence in Ethical and Environmental Responsibility,” in the “Green Initiatives” category. Being commended for environmentally friendly practices to print and manufacture, it also …

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Scientific Games hires Goldman Sachs’ Robert O’Connor as group government lead

Nasdaq-listed industry technology provider Scientific Games Corporation (SGC) has confirmed the appointment of Robert O’Connor as Senior Vice President of Government Affairs. Reporting directly to Group CEO Kevin Sheehan, O’Connor will lead and develop SGC’s global government and public affairs strategy, supporting long-term corporate growth initiatives. O’Connor joins SGC’s executive team from Goldman Sachs, where he served as VP of …

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Scientific Games posts solid 2017 performance, as company targets digital acceleration in 2018

A refinanced Scientific Games Corporation (SGC) has published its 2017 full-year results (period ending 31 December), detailing solid growth across its assets and performance KPIs. The Nasdaq-listed industry technology group details that in 2017, it was able to strengthen its global commercial pipeline, developing a ‘richer revenue mix’ for its operations. Updating investors, SGC details that group revenues increased 7% …

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