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SGMS Scientific Games Corporation
Scientific Games Corporation provides technology-based products and services, and associated content for gaming and lottery markets worldwide. The company operates in three segments: Instant Products, Lottery Systems, and Gaming. The Instant Products segment designs, prints, and sells instant lottery tickets; and provides value-added services, such as game design, sales and marketing support, specialty games and promotions, inventory management and warehousing, and fulfillment services. This segment also offers licensed games, promotional entertainment, and Internet-based services, as well as prints and sells phone cards. The Lottery Systems segment provides customized computer software, software support, equipment, and data communication services to lotteries. Its products include transaction-processing software, draw lottery games, keno, point-of-sale terminals, central site computers, and communication platforms, as well as ongoing operational support and maintenance services. In addition, this segment offers instant game validation systems; and software, hardware, and related services for sports wagering and keno systems. The Gaming segment leases or provides gaming machines, server-based gaming systems and content, as well as sells new and used gaming machines, conversion kits, and parts to commercial, tribal, and governmental gaming operators. This segment also offers video lottery central monitoring and control systems and networks for gaming regulators; and interactive services, including social gaming and game content for real-money gaming Websites, for desktop and mobile devices. Scientific Games Corporation was founded in 1984 and is based in New York, New York.
Scientific Games to Demonstrate the Power of being Stronger Together at ICE Totally Gaming 201526 Jan 2015, 9:12 amLAS VEGAS and LONDON, Jan. 26, 2015 /PRNewswire/ -- Casino operators at the ICE Totally Gaming 2015 conference and trade show ("ICE 2015") will experience first-hand the strategic benefits of the combination of Scientific Games' (SGMS) Bally, WMS, Shuffle Master, SG Gaming, Williams and Barcrest brands. At ICE 2015 on February 3-5 at ExCel London Exhibition and Convention Center, stand #N1-440 ...
Scientific Games Selects Las Vegas as Location for Global Headquarters and Primary Gaming Manufacturing Operation26 Jan 2015, 6:05 amLAS VEGAS, Jan. 26, 2015 /PRNewswire/ -- Scientific Games Corporation (SGMS) ("Scientific Games" or the "Company") announced today that the Company is relocating its global corporate headquarters and establishing its Gaming Division's primary U.S. manufacturing operations at its existing facilities in Las Vegas, Nevada. Effective immediately, Scientific Games' global headquarters is located at ...
Scientific Games Shares Take The Typical Merger Hit7 Jan 2015, 12:42 pmScientific Games shares fell by ~15% in the three days following the merger. That's typical when a company acquires another company for a premium.
Macquarie Capital finds Scientific Games, Bally Merger Fair7 Jan 2015, 6:42 amMacquarie Capital's opinion was provided to Bally’s board of directors in connection with its financial evaluation of the merger consideration.
Why The Merger Was Attractive To Bally’s Board6 Jan 2015, 2:42 pmMerger evaluation The Bally Technologies, or Bally, board of directors closely evaluated the proposed merger with Scientific Games (SGMS) and the transactions contemplated by the merger agreement. The ...
Acquisitions Help Casinos Grow Inorganically6 Jan 2015, 8:42 amScientific Games agreed to buy WMS Industries for $1.5 billion, emerging as a global supplier of lottery equipment and slot machines to casinos.
Association of Gaming Equipment Manufacturers (AGEM) Releases December 2014 Index6 Jan 2015, 8:00 amIn the final month of 2014, the AGEM Index reported a composite value of 181.84. The December 2014 index represents a decline of 3.74 points when compared to November 2014. Compared to a year ago, the ...
What Falling Estimates & Price Mean for Scientific Games Corporation (SGMS) - Tale of the Tape6 Jan 2015, 6:51 amScientific Games Corporation has witnessed a significant price decline in the past four weeks and it has seen negative earnings estimate revisions for the current quarter and the current year.
Background On Bally Technologies5 Jan 2015, 2:42 pmIn 1975, slot manufacturer Bally Technologies became the first gaming company to be publicly traded on the New York Stock Exchange.
Scientific Games: Strategic Acquisition of Bally Technologies5 Jan 2015, 12:42 pmIn its merger agreement with Bally Technologies, Scientific Games agreed to acquire all outstanding Bally common stock for $83.3 cash per share.