Tag Archives: WMS Industires

Scientific Games surprises industry by announcing Kevin Sheehan as new CEO

SBC News Scientific Games surprises industry by announcing Kevin Sheehan as new CEO

In a move that has surprised industry analysts, Nasdaq-listed Scientific Games Corporation (SGC) has announced the appointment of Kevin Sheehan as its new Chief Executive, as incumbent Gavin Isaacs moves to the governance position of Vice Chairman of the Board. Announcing the appointments this weekend, SGC confirmed to the media that Sheehan and Isaacs had already assumed their new governance …

Read More »

Bally acquisition impacts Scientific Games 2014 performance

SBC News Bally acquisition impacts Scientific Games 2014 performance

The $5.1 billion acquisition of slot manufacturer Bally Technologies has had a direct impact on the Q4 performance of Scientific Games. As the operator posted increased group revenues of $565 million (Q4 2014 – $401 million), but a period net loss of $47.1 million. Scientific Games high level acquisition of Bally Technologies, impacted full year 2014 performance as the company …

Read More »