Tag Archives: Scientific Games Corporation

Debt-focused Scientific Games posts strong 2019 opening

Publishing its Q1 2019 trading statement (period ending 31 March), Nasdaq-listed Scientific Games Corporation (SGC), details confidence in its corporate prospects as governance moves to reduce company debt. Q1 2019 revenues rose by 3% to $837 million (Q12018: $812m), driven by the growth of SGC’s social (+22%) and lotteries (+5%) divisions. SGC maintains its positive revenue momentum, despite the company …

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SG Digital to help Oneida ride the New York sports betting wave

SG Digital will power the Oneida Indian Nation’s three new sportsbooks in New York when sports wagering is officially authorized in the state. SBC caught up with Todd Saunders, Vice-President for Innovation at Oneida Nation Enterprises, and Steve Schrier, Chief Commercial Officer at SG Digital, to find out more… SBC: Great to catch up with you, Todd. First of all, …

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Scientific Games marks new sportsbook era launching OpenSports suite

Nasdaq-listed gambling technology group Scientific Games Corporation (SGC) has detailed a new dawn for its SG Digital division, launching new vertical ‘OpenSports’ – an ‘unparalleled suite’ which will maintain its entire sports betting product inventory. Updating the market, SGC states that the launch of OpenSports marks ‘the transformation of its Sportsbook product vision’, delivering an enhanced stack of solutions and …

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Scientific Games fulfils $1 billion 2026 debt note financing

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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Scientific Games pursues further $1 billion debt note

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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Barry Cottle – SGC significantly advances its Euro profile with IDDAA Turkey win

As anticipated Nasdaq gambling technology group Scientific Games Corporation (SGC) has announced a major supplier win, confirming that it will takeover the management of the Turkish IDDAA sports betting concession, in partnership with Turkish media conglomerate Demirören Holdings. Servicing 5,300 Turkish retail betting points, SGC and Demirören have established new joint-venture ‘Şans Girişim’, the company which will operate the ten-year …

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SG Digital adds ‘Marketing Services’ team to Gibraltar operational set-up

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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Scientific Games appoints Alexander Ambrose as financial lead for SG Digital

Nasdaq-listed industry technology group Scientific Games Corporation (SGC), continues to restructure the executive management of its SG Digital division, confirming the appointment of Alexander Ambrose as Chief Financial Officer (CFO). Ambrose joins SG Digital’s leadership team from competitor Playtech Plc, where he served as UK Finance Director (2013-2018). Taking on SG Digital CFO responsibilities, Ambrose will lead the financial planning, auditing …

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Kevin Sheehan terminates Scientific Games governance contract

Nasdaq-listed gambling technology group Scientific Games Corporate (SGC) has confirmed that former Chief Executive Kevin Sheehan and corporate legal advisor Viet D Dinh will no longer serve on the firm’s board of directors. Issuing an SEC filing, Scientific Games reveals that both Sheehan and Dinh have departed the company this September, choosing to terminate their governance roles. Kevin Sheehan had served as …

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Global Support… SG Digital forms Gibraltar ‘Sportsbook Operations Team’

Nasdaq-listed industry technology group Scientific Games Corporation (SGC) has confirmed the creation of its specialist ‘Sportsbook Operations Team’ based in Gibraltar and servicing its worldwide customer base. The Gibraltar sportsbook team forms part of SG Digital’s expanding operations and will seek to deliver market-leading support for SG Digital sports betting clients across all verticals. Updating stakeholders, SG Digital details that …

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