Scientific Games Corporation (SGC) has announced this morning that it will sell its SG Lottery unit to Brookfield Business Partners and its institutional partners for a total sum of $6.05 billion. The consideration will consist of $5.825 billion in cash and an earn-out of up to $225 million dependent on the achievement of specified EBITDA targets in 2022 and 2023. …
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OLG Toronto gambling tender to be ‘High Stakes’ for Caesars Entertainment
Canadian news sources have reported that the Ontario Lottery & Gaming Corporation (OLG) will select an external gambling firm to run its operations for casino and slot machine services within the Greater Toronto Area. Launching a tender, OLG seeks a gambling enterprise to run its Toronto area racetracks of Ajax Downs and Woodbine as well as its Great Blue Heron …
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