Tag Archives: scientific games

Three way partnership results in Atlantic Lottery relaunch

Copyright: somchaiphanbun / 123RF Stock Photo

A new three way partnership between IWG, Scientific Games and Atlantic Lottery, is to result in a relaunch of the Canadian Lottery’s entire online instant win offering. Scientific Games is set to provide an omni channel gaming system, which is to integrate with the IWG Progressive Play Remote Gaming Server (RGS), giving users access to both IWG and third party …

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NYX accuses William Hill of “wrongful conduct” as acquisition dispute escalates

SBC News NYX accuses William Hill of "wrongful conduct" as acquisition dispute escalates

In response to William Hill’s threats to block the acquisition of NYX Gaming Group Limited by Scientific Games,  NYX has launched legal action against the bookmaker. Last week William Hill issued a corporate update, voicing its concerns over the deal and signalling its intention to convert its preference shares into ordinary NYX shares, in order to ensure it had had …

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William Hill signals intentions to convert NYX shares

SBC News William Hill signals intentions to convert NYX shares

William Hill has issued a corporate update with regards to the conversion of its preference shares becoming ordinary NYX shares prior to 4 December, in order to enable William Hill to vote in the proposed acquisition of NYX by Scientific Games Corporation. The announcement follows on from lengthy negotiations between William Hill and Scientific Games over a potential commercial agreement …

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Rich revenue mix helps Scientific Games narrow Q3 2017 losses

SBC News Rich revenue mix helps Scientific Games narrow Q3 2017 losses

Nasdaq-listed gambling technology supplier Scientific Games Corporation (SGC) has reported a strong Q3 2017 trading update (period ending 30 September), recording growth across all its core divisions (gaming, lottery and interactive). Updating the market, SGC governance would declare period group revenues of $769 million, representing a 7% increase on corresponding 2016’s $720 million. The firm states that it currently operating …

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Scientific Games name Shawn Dennis as new Chief Marketing Officer

SBC News Scientific Games name Shawn Dennis as new Chief Marketing Officer

Scientific Games has appointed Shawn Dennis, a 25-year veteran of entertainment, consumer products and sports marketing industries, as Chief Marketing Officer. In her new role Dennis will be responsible for growing Scientific Games on a global scale, and increasing engagement with customers and players across its interactive, lottery and gaming segments. Kevin Sheehan, Scientific Games Chief Executive Officer and President, …

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Compelling reasons behind Scientific Games’ NYX & Openbet deal

SBC News Compelling reasons behind Scientific Games' NYX & Openbet deal

Scott Longley reports on the potential fallout from the surprise Scientific Games acquisition of NYX Gaming, and its Openbet subsidiary. _________________ It may seem surprising that in a climate of sometime feverish M&A speculation, the potential of a buyout deal for NYX Gaming launched by one of the behemoths of the global gambling provision could have been kept under wraps. …

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IGT & Scientific Games enter North America games cross-licensing agreement

SBC News IGT & Scientific Games enter North America games cross-licensing agreement

Industry technology providers’ IGT Group and Scientific Games have informed the market that they have signed a ‘landmark patent cross-licensing agreement’. Updating stakeholders, IGT and Scientific Games detail that moving forward each company will have access to each other’s slot portfolio for the North American market. Fierce rivals within the land-based gambling systems and lottery terminals sectors, it appears that …

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Scientific Games beefs up mobile games portfolio with Red7Mobile acquisition

SBC News Scientific Games beefs up mobile games portfolio with Red7Mobile acquisition

Issuing a market update, Nasdaq-listed industry technology provider Scientific Games Corporation has moved to expand its mobile gaming proficiencies by acquiring UK independent mobile games and app developer Red7Mobile. Confirming its outright acquisition of the Bristol-based industry games developer, Scientific Games chose not to disclose details regarding its deal. However, Scientific Games detailed to its stakeholders that it would gain …

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Enlarged Scientific Games reduces group net losses in 2016

SBC News Enlarged Scientific Games reduces group net losses in 2016

Publishing its full-year 2016 results, Nasdaq-listed Scientific Games Corp (SGC) has reported group net losses of $110 million for its Q4 2016 performance (period ending 31 December). The industry games machine manufacturer reports that its losses were incurred despite combined SGC divisions reporting a fifth straight quarter of revenue growth to $752 million (Q4 2015: $737 million). Closing its full-year …

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Scientific Games appoints Karin KJ Tjon as new COO

SBC News Scientific Games appoints Karin KJ Tjon as new COO

Updating the market Nasdaq-listed Scientific Games Corporation (SGC) has confirmed the appointment of Karin-Joyce (KJ) Tjon as its new Chief Operating Officer (COO) and President, the appointment will be effective from 13 February. Reporting directly to Group CEO Kevin Sheehan, Tjon will be charged with leading SGC gaming and lottery operations, aiding business development strategies and further maintaining the firm’s …

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