Tag Archives: SGC

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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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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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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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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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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Scientific Games puts forward $350 million note issue for NYX acquisition

Updating the market, the governance of Nasdaq-listed gambling technology supplier Scientific Games Corporation (SGC) has announced that it will sanction a private offering of $350 million senior secured notes due for reimbursement in 2025.   SGC governance will use the net proceeds of its note offering, to fund its cash and debt $631 million outright acquisition of NYX Gaming Group …

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Scientific Games targets ‘accelerated digital growth’ with $635m acquisition of NYX Gaming

Nasdaq gambling technology supplier Scientific Games Corporation (SGC) has moved to significantly bolster its digital gambling operations by detailing that it has entered ‘a definitive agreement’ to acquire Toronto TSX-listed NYX Gaming Group, owner of leading sports betting supplier Openbet. Updating the market this afternoon, SGC governance has detailed that it will propose a CAD $2.40 per share offer to …

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