Tag Archives: Scientific Games
- Telsey: IGT, Sci Games lottery biz may face headwinds in Italy
October 19, 2017
Global gaming equipment manufacturers International Game Technology Plc (IGT) and Scientific Games Corp must brace for headwinds as a result of the political developments in Italy. GGRAsia reported that the two gaming companies must embrace volatility caused by the proposed extension of an Italian government-issued lottery scratch-card concessions. Equity research...
- Scientific Games to acquire NYX Gaming Group for C$775m
September 20, 2017
US gaming technology giant Scientific Games Corporation has acquired Canadian online gambling technology provider NYX Gaming Group, as the consolidation of the gaming content industry shows no signs of abating anytime soon. On Wednesday, Sci-Games announced that it had acquired the Toronto-listed NYX at a price of C$2.40 per share,...
- IGT, Scientific Games to share patented slots game features
September 6, 2017
Rival gaming technology firms International Game Technology (IGT) and Scientific Games Corporation have inked a deal to share proprietary game features. On Tuesday, IGT and Sci-Games announced the signing of a ‘patent cross-licensing agreement.’ The deal will allow the companies, which hold the two largest slots game features patent portfolios...
- Interest rate rejig to save Scientific Games $25M annually: analyst
August 16, 2017
Gaming technology provider Scientific Games has completed an amendment to its credit agreement, reducing the interest rate on its $3.28 billion of existing term loans to London Interbank Offered Rate (LIBOR) plus 325 basis points with no floor. All of the term loans under the credit agreement are scheduled to...
- Scientific Games pulls a surprising $762M Q2 revenue
July 25, 2017
Nasdaq-listed gaming technology provider Scientific Games Corporation posted $766.3 million revenue in the second quarter, beating analysts’ expectations. In a regulatory filing on Monday, the US-based firm announced that its revenue during April to June 30, 2017 rose 5.1 percent from $729.2 million on the back of robust gaming and...
- Derik Mooberry: Mass market drives gaming evolution
July 17, 2017
In this interview with CalvinAyre.com’s Stephanie Raquel, Derik Mooberry of Scientific Games explains how mass market shapes iGaming products. Products are shaped by consumer demand. Companies produce products that they think will be patronized by many. That’s why many companies devote resources to research, in order to understand the behavior...
Craig Wright: Bitcoin Cash’s superiority comes down to fees
October 2, 2017
Adam Vaziri: Blockchain is the future regulator
September 15, 2017