Tag Archives: NASDAQ

Scientific Games reports positive revenue momentum despite accounting restructure

A new look Scientific Games Corporation (SGC) announces its second quarter 2018 results, reporting revenue growth across its core divisions of gaming, lottery and digital services. Updating the market on Q2 2018 trading (period ending 30 June), SGC reports a 10% uplift in group revenues to $845 million (Q2 2017: $766 million). The Nasdaq-listed enterprise maintains its period revenue growth, …

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Scientific Games secures Caesars NJ & MS sportsbook contracts

Nasdaq-listed industry technology group, Scientific Games Corporation (SGC) has confirmed that it will act as lead sportsbook provider for Caesars Entertainment properties in the states of New Jersey and Mississippi. The partnership will SGC launch its OpenBet sports betting systems across Caesars’ Atlantic City, Gulf Coast, and Tunica properties in July and August of 2018. SGC governance informs investors that …

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Target Hit… The Stars Group seals + $600 million in successful share placement

Updating the market, Toronto TSX-listed The Stars Goup Inc completes a busy week in which the company has successfully executed its public share offering raising $622 million in capital for its acquisition of Sky Betting & Gaming (Sky Bet). Last week, the Stars Group governance alerted investors that it would proceed with a new public share offering selling a combined …

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The Stars Group triggers new public share offering to close Sky Bet acquisition

Issuing a corporate update, Toronto TSX-listed The Stars Group Inc, has today disclosed its supplementary prospectus related to its proposed new public share offering. Updating the market, the Stars Group’s treasury will move to implement a 15 million common share placement, which will be additionally supported by secondary 6 million share disposal undertaken by existing corporate shareholders. Stars Group governance …

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Scientific Games absorbs Q1 restructuring costs for Digital future

Further to announcing its corporate leadership change, Scientific Games Corporation (SGC) has today published its Q1 2018 trading update (period ending 31 March), detailing a number of financial restructuring adjustments. The Nasdaq-listed technology group reported a 12% increase in group revenues to $811 million (Q1 2017: $725 million), supported by revenue growth recorded across its core divisions – SG Gaming …

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Kazakhstan gets National Lottery courtesy of Scientific Games

Copyright : Andrey Shupilo / 123RF Stock Photo

NASDAQ listed gambling technology suppliers Scientific Games Corporation, has announced that it is bringing lottery game entertainment to the Republic of Kazakhstan. Launching the National Lottery of Kazakhstan it was detailed that JSC Satty Zhuldyz is to operate the offering, after being awarded a 15 year contract, with Scientific Games serving as the exclusive supplier of all games, technology and …

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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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Kambi looks forward to 2018 delivering record quarter performance

Publishing its Q4 2017 trading update (period ending 31 December), industry sports betting platform provider Kambi Plc has detailed a strong finish to its full-year trading. The Nordic Nasdaq-listed enterprise, reports Q4 2017 revenues of €19 million a 33% increase on Q4 2016’s €14.3 million, with performance aided by favourable sporting results recorded during the period. A strong revenue momentum …

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LeoVegas upgrades listing to main Nasdaq Stockholm exchange

European online gambling group LeoVegas AB has announced that it has been approved to upgrade its share listing onto the main Nasdaq Stockholm market. The approval granted by Stockholm’s listing authority, sees LeoVegas upgrade its share listing from the mid-cap First North Premier to the main Nasdaq Stockholm Exchange. Updating investors, LeoVegas governance announced that it expects to end First …

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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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