Marked as a major corporate milestone, Gaming Innovation Group (GIG) will begin trading as a Stockholm Nasdaq enterprise today (Tuesday 26 March), having secured main market listings approval. Moving forward, GIG will now operate as a dual-listed enterprise, with its shareholding maintained on the Stockholm Nasdaq (ticker – GIGSEK) and Oslo Børs (ticker – GIG). GIG’s Stockholm IPO has been assisted …
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The governance of Nasdaq-listed gambling technology group Scientific Games Corporation (SGC) has confirmed that it has completed its $1.1 billion private note offering, first announced on 6 March 2019. The transaction is aggregate to 8.25% of SGC senior unsecured debt-notes, due for repayment in 2026 at an issue price of 100%. SGC governance intends to use the debt proceeds to …
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Issuing a market update, Nasdaq-listed industry technology group Scientific Games Corporation (SGC) has announced that it will move to offer (subject to market conditions) $1.1 billion in senior unsecured debt notes. SGC’s latest debt transaction will be offered to private investors through wholly owned subsidiary Scientific Games International, with the technology group detailing that the unsecured debt notes will be …
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Nasdaq-listed industry technology group Scientific Games Corporation (SGC) has detailed strong progress on its enlarged business capacity and new digital profile publishing its full-year 2018 results. Closing Q4 2018 trading, SGC posts an 8% increase in corporate revenues to $885 million (Q4 2017: $823m), detailing robust growth across its digital, lottery and social gaming assets. The Nasdaq enterprise records Q4 metric …
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The end of a long and ultimately successful road towards gambling market liberalisation in Sweden has put one of its own – Stockholm-listed LeoVegas AB – on target to break the 50 per cent barrier for revenues derived from regulated markets. ________________ LeoVegas has told SBC Magazine that it expects to derive more than 50 per cent of its revenues …
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Filing a corporate statement, Nasdaq-listed US gambling, leisure and entertainment group Caesars Entertainment Corporation has confirmed the appointment of Juliana Chugg to its Board of Directors (pending regulatory approvals). Updating investors, Caesars governance details that it has recruited Chugg as a corporate advisor on brand, diversification, product innovation and licensing strategies. Chugg is the former Group Chief Brand Officer of …
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Oslo-listed online gambling firm Gaming Innovation Group (GiG) continues its strong 2018 momentum, reporting double-digit growth across all its core corporate metrics and performance KPIs for Q3 2018 trading. Citing group-wide initiatives undertaken to improve profitability and general performance, GiG records operating revenues of €37 million up 21% on Q3 2017’s €30 million. Updating investors, the Oslo enterprise details a …
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Nasdaq-listed industry technology group, Scientific Games Corporation (SGC), has moved to bolster its SG Digital sportsbook operations team, confirming the launch of its new ‘Marketing Services’ division. Based out of Gibraltar, the Marketing Services team will support SG Digital’s fast growth B2B and B2G business units, which deliver digital systems for igaming, sports betting and lottery customers. In its update, …
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Nasdaq-listed industry technology and systems supplier Scientific Games Corporation (SGC) has become the first lottery betting supplier to join the Global Lottery Monitoring System (GLMS) programme. The GLMS programme is a lottery industry mutualized monitoring system on sports betting aimed at detecting and analysing suspicious betting activities that could question the integrity of sports competitions. The programme sees global lottery …
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Nasdaq-listed industry technology group Scientific Games Corporation (SGC) has confirmed the appointment of James Sottile to the leadership position of Group Chief Legal Officer & Executive VP. Sottile will take charge of SGC’s group-wide legal entities from 4 September, joining the Nasdaq enterprise from US law firm Jones Day, where he most recently served as Senior Partner (2016-2018) A 30-year US …
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