Tag Archives: Scientific Games Corporation (SGC)

Norsk Tipping boosted funding for Grasrotandelen initiative during 2019

Norwegian state-run operator Norsk Tipping has revealed that during 2019, it had allocated almost NOK700m (£60.2m) towards grassroots sporting initiatives as part of its Grasrotandelen initiative. The operator distributed a total of NOK698.2m last year, marking a 7.6% increase on the NOK649m handed out in 2018. Norsk Tipping revealed that via the Grasrotandelen project, over 35,000 grassroots initiatives secured funding …

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Scientific Games secures partnerships with 888 and Betsson

Scientific Games Corporation has strengthened its network of partnerships after securing new agreements with both 888 Casino and Betsson. Under the terms of its agreement with 888, Scientific Games will launch more than 120 games in Spain via its Open Gaming System (OGS) platform. Dylan Slaney, SVP Casino at SG Digital, said: “888 is a huge player in the Spanish …

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Scientific Games agrees to supply VLTs through Norsk Tipping deal

Via its Global Draw Ltd subsidiary, industry technology group Scientific Games Corporation (SGC) has secured a ‘landmark’ partnership with Norsk Tipping. The new agreement will see SGC supply 3,000-4,500 Video Lottery Terminals (VLT) across approximately 1,000 locations across Norway, which will include convenience stores, bingo venues and other arenas. Thorbjørn A Unneberg, EVP Market Operations Norsk Tipping, commented: “Having worked …

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Critical 2019 sees Scientific Games restructure lottery & digital leadership

Targeting aggressive expansion in 2019, the governance of Nasdaq-listed industry technology group Scientific Games Corporation (SGC) has moved to restructure its executive leadership teams. Issuing a market update, SGC confirms three executive promotions impacting its SG Lottery and Digital divisions. Entering 2019, SG Lottery unit will be led by Patrick McHugh, current Senior Vice President of Global Lottery Systems, who …

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Nikos Konstakis appointed as SG Digital’s VP of Sportsbook Product

Scientific Games Corporation has strengthened the senior management team of SG Digital with the appointment of Nikos Konstakis as its new Vice President of Sportsbook Product. Konstakis will be responsible for overseeing OpenBet’s product development roadmap and delivering and enhancing its sportsbook proposition for its customers following the Supreme Court’s overturning of PASPA.   Konstakis has a wealth of industry …

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Leap Gaming virtual football now available through SG Digital

Leap Gaming has today announced that the firm’s All-Out Football product is now available on the SG Digital OGS Platform. Created by Leap Gaming and run through 1X2 Network, All-Out Virtual Football will now be integrated into the Open Game System (OGS) platform from gaming giants SG. The product offers an advanced virtual football experience, featuring a flexible and customisable …

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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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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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Scientific Games buys Blackjack security specialist Tech Art Las Vegas

Issuing a market update, Nasdaq-listed gambling technology supplier Scientific Games Corporation (SGC) continues its M&A expansion acquiring Las Vegas Blackjack ‘hole reader’ and games specialist Tech Art Inc for an undisclosed sum. Updating stakeholders, SGC governance detailed that the acquisition would boost the firm’s casino-based security provisions. Tech Art is a fully licensed casino equipment manufacturer for all US jurisdictions. …

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