Tag Archives: Scientific Games Corporation

Scientific Games appoints Susan Cartwright as Corporate Communications VP

NASDAQ listed gambling technology provider Scientific Games Corporation (SGC), has confirmed the appointment of Susan Cartwright as Vice President of Corporate Communications. A gambling marketing strategy specialist, Cartwright joins SGC from competitor International Game Technology (IGT), were she led a number of branding, thought leadership and investor relations initiatives for IGT group as VP of Communications. SGC detailed that Cartwright …

Read More »

Scientific Games rolls out Operator Wide Area Progressive System with Rank Group

Scientific Games Corporation will integrate its Operator Wide Area Progressive System with Rank Group Plc premises in what will be the largest installation of a gaming system undertaken by a single operator. The initial rollout covers 21 tables in 10 casinos across the United Kingdom, with 86 more progressive tables to be installed by the end of this year. Overall, the …

Read More »

Bally acquisition impacts Scientific Games 2014 performance

The $5.1 billion acquisition of slot manufacturer Bally Technologies has had a direct impact on the Q4 performance of Scientific Games. As the operator posted increased group revenues of $565 million (Q4 2014 – $401 million), but a period net loss of $47.1 million. Scientific Games high level acquisition of Bally Technologies, impacted full year 2014 performance as the company …

Read More »

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 …

Read More »

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 …

Read More »

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) …

Read More »

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 …

Read More »