Tag Archives: Scientific Games Corporation

Scientific Games completes $ & € debt financing round

Updating the market, Nasdaq-listed gambling technology group Scientific Games Corporation (SGC), has confirmed the successful conclusion of its + $1 billion debt notes sale to private investors. The Nasdaq corporation first announced its $ and € debt sale on 30 January, seeking to restructure its long-term corporate financing. Completing the debt transactions, SGC governance secures the following financing structure: Tranche …

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SG Gaming debuts trials of new Equinox terminals

Scientific Games Corporation has detailed that its UK division has successfully rolled out a trial of its new dynamic range of terminals. SG Gaming has installed its new Equinox range across 100 Ladbrokes and Coral stores nationwide, with the parties working together for the previous 12 months in preparation. Richard Lang, Retail Commercial Director at Ladbrokes Coral Group, commented: “We’re excited …

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Scientific Games opens Krakow ‘development centre’ to support digital ambitions

Nasdaq-listed industry technology provider Scientific Games Corporation (SGC), has announced that it will open a ‘remote development centre’ in Krakow Poland to aid the growth of its SG Digital division. Updating the market, SGC governance expects to open its Krakow development centre this Q1 2018, with the new division working on all core SG digital products for its lottery, sports …

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Scientific Games sanctions $1 billion debt sale

The governance of Nasdaq-listed gambling technology group Scientific Games Corporation (SGC) has moved to restructure its long-term corporate debt, confirming that it will sell + $1 billion of SGC debt notes to private investors. Sanctioning a ‘private sale’, SGC governance will place a first tranche sale of $500 million of 5% senior debt secured notes, due for payment in 2025. …

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Done Deal…Scientific Games completes NYX Gaming acquisition

Issuing a corporate statement, Nasdaq-listed gambling technology provider Scientific Games Corporation (SGC) has today confirmed that it has completed its acquisition of online gambling platform and software supplier NYX Gaming Group. SGC governance closes its pursuit of Toronto TSX-listed NYX Gaming, which began in September 2017, when the technology firm proposed a $630 million deal to acquire NYX assets outright. …

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Scientific Games secures unanimous Yes Vote for NYX deal closure

Nasdaq-listed industry technology supplier Scientific Games Corporation (SGC) has today confirmed that it has secured the outright approval of NYX Gaming shareholders to acquire the business for $630 million. Since November, SGC governance has moved buy-up shares in Toronto TSX-listed NYX as the technology group seeks to accelerate the growth of its digital services and operations. Updating the market, SGC …

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Business Briefs – featuring loopholes, knockouts and whip cracks

Copyright: zerbor / 123RF Stock Photo

This latest edition features a returning gaming congress, partnerships, expansions and huge fines being issued in the USA. Atlantic City to train youths Fifteen minority youths in Atlantic City are to receive speciality construction based training, courtesy of a new 12 week initiative. Upon completion a jobs connection with Hard Rock Hotel and Casino will be made, with the company’s …

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SGC calls for shareholder vote as NYX deal secures Sky Bet approval

Nasdaq listed gambling technology supplier Scientific Games Corporation (SGC) has cleared a further hurdle in its $630 million takeover of NYX Gaming Group, as UK bookmaker Sky Betting & Gaming (SB&G) states that it will support the deal. Seeking to accelerate the transaction, SGC governance continues to acquire NYX shares at a target price of CAD $2.40 per share. At present, …

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Scientific Games clears William Hill hurdle in pursuit of NYX Gaming

Scientific Games Corporation (SGC) has released a statement, detailing that it will move to acquire William Hill’s entire 6.8 million ‘ordinary shares and convertibles’ holding in acquisition target NYX Gaming Group. The Nasdaq gambling technology firm, clears a major hurdle in its $630 million pursuit of Toronto TSX-listed NYX (first announced September 2017). Last November, William Hill governance stated to …

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No Standstill… Scientific Games acquires 11% of NYX Gaming shares

Issuing a market note, Nasdaq-listed gambling technology group Scientific Games Corporation (SGC) has moved to acquire 11.6 million ordinary shares in acquisition target NYX Gaming Group. The transaction represents approximately 10.72% of NYX’s current shareholding, with SGC governance paying CAD$2.22-2.35 per share, representing a purchase price of circa CAD $27 million (£18 million). Further to today’s share purchase transaction, SGC governance …

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