Tag Archives: Scientific Games Corporation

Scientific Games elects Haddrill as Vice Chairman of the Board

Scientific Games Corporation today announced the election of two new members to its Board of Directors (the “Board”). Richard M. Haddrill, former CEO of Bally Technologies, Inc. (“Bally”), was elected as Executive Vice Chairman of the Board on December 4, 2014, and Judge Gabrielle K. McDonald was elected as a Director on October 30, 2014. “Scientific Games is pleased to welcome …

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Bally Technologies reports 23% decline in net income

Casino equipment manufacturer Bally Technologies reported a 23% decline of $28.8 million (£18 million) (2013 $37.8 million) in its net income for its first quarter fiscal performance for 2015. During the period ending 30 September, Bally Technologies had posted record revenues of $320.8 million (+ 29% 2013: $249.3 million), with gaming operations setting an all-time quarter revenue performance of $106 …

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Scientific Games faces Bally acquisition financing concerns

Scientific Games Corporation’s planned $5.1 billion (£3.25 billion) acquisition of Bally Technologies Inc has been put in doubt following an inability by Scientific Games investment syndicate to secure financing for its acquisition. Bloomberg News reported that a contingent of financing banks including JPMorgan Chase, Deutsche Bank and Bank of America Corp had failed to gather the $3.19 billion (£2 billion) …

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Scientific Games agrees $5.1bn Bally deal

Scientific Games Corporation is to by Bally Technologies in a deal worth US$5.1bn. “The acquisition of Bally provides us with a unique opportunity to combine two exceptional companies with long track records of creating leading-edge games and gaming technology products for players and delivering innovative solutions to our customers,” said Gavin Isaacs, Scientific Games’ President and Chief Executive Officer. “With …

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