Tag Archives: NASDAQ

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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Scientific Games narrows losses as company enters crucial 2018

Issuing a market update, Nasdaq-listed industry technology provider Scientific Games Corporation (SGC) has detailed that it expects to deliver higher group revenues, combined with a narrower net loss for its Q4 2017 performance. Publishing a ‘preliminary’ Q4 trading update, SGC governance expects a 9% increase in group consolidated revenues in the range of approximately $820-to-$825 million. Closing a busy Q4 …

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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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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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AGA America appoints Penn National’s Tim Wilmott as next Chairman

US gambling industry body, The American Gaming Association (AGA) has confirmed that Tim Wilmott CEO of Penn National Gaming Inc, will serve as its next Executive Chairman. Updating stakeholders, the AGA board confirmed that Wilmot would serve a two-year chairmanship beginning in January 2018, replacing current incumbent Jim Murren CEO of MGM Resorts. Wilmott has been involved with AGA governance …

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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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Global Gaming strengthens senior team with new Head of Affiliates

InBet - Copyright: s4svisuals / 123RF Stock Photo

Igaming industry frontrunner Global Gaming has bolstered its affiliate department with the appointment of Elaine Gardiner as the new Head of Affiliates. Gardiner joins from Cherry Group, having worked for the operator’s affiliate division since 2013, most recently holding the position of Senior Affiliate Program Manager. She played a key role in the development of its affiliate tracking software Omarsys, …

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