Scientific Games announced that the company is relocating its global corporate headquarters and primary gaming manufacturing operation in Las Vegas.
The U.S.-based gaming and lottery supplier said in a press release on Monday that the move from New York—the firm’s previous corporate headquarters—to Las Vegas is effective immediately.
“Selecting Las Vegas as our global headquarters is a natural step in the corporate evolution of Scientific Games,” said Gavin Isaacs, President and Chief Executive Officer. “Las Vegas is a diverse, cosmopolitan city in business friendly Nevada where we have strong roots and an extensive and growing employee base. This move will allow us to stay closely connected to our worldwide base of gaming, lottery and interactive customers.
Company’s Bally and Shuffle Master gaming development and support operations will continue to be based in Las Vegas, while WMS game development, engineering and other gaming support operations, as well as the Interactive Division, will continue to be based at Chicago Tech Campus and the operational headquarters of Scientific Games’ Lottery Division will remain in Alpharetta, Georgia.
Scientific Games expects all production to be transferred to the Las Vegas facilities by the summer of 2015 and anticipates closing the Waukegan facility before the end of 2015.
The cost arising from the manufacturing consolidation and the associated costs of transferring production and corporate functions to Las Vegas are included in the Company’s previously disclosed estimate of $235 million of expected annual cost synergies from the Company’s acquisition of Bally Technologies, Inc. by the end of 2016 and associated one-time costs to achieve the synergies of $80 million.
Aside from relocation of HQ, Scientific Games Corp. also announced partnership with international cruise ship operator Carnival Corp. & Plc. to offer its adult guests the ability to wager on their mobile devices throughout Carnival cruise ships while in international waters.
The operation is on-going on some of Carnival Cruise Line brand ships. The mobile gaming application is available for iOS and Android-powered mobile devices.
The virtual game offerings available on Carnival’s mobile casino platform include poker, slot machines and table games.
“We are thrilled that Carnival Corp chose our mobile wagering solution for its cruise ships,” said Jordan Levin, president of interactive gaming at Scientific Games. “This relationship expands the reach of our mobile wagering platform and enables Carnival to engage with their guests in a whole new way.”
