Key Developments: Scientific Games Corp (SGMS.O)

SGMS.O on Nasdaq

11.77USD
31 Oct 2014
Price Change (% chg)

$2.14 (+22.22%)
Prev Close
$9.63
Open
$10.20
Day's High
$11.84
Day's Low
$10.20
Volume
4,757,119
Avg. Vol
1,783,997
52-wk High
$19.48
52-wk Low
$6.97

Search Stocks

Latest Key Developments (Source: Significant Developments)

Scientific Games Corp receives three year contract extension with Delaware Lottery for instant games and cooperative services program
Thursday, 25 Sep 2014 05:15pm EDT 

Scientific Games Corp:Says it has signed full extension of contract with Delaware Lottery to continue as provider of instant lottery games and Cooperative Services Program (CSP).Under agreement, company will continue to provide instant games to Delaware Lottery for three additional years beginning Feb. 1, 2015.Scientific Games will also continue to provide CSP services including instant game design, marketing services, warehouse management, inventory control and retail distribution.  Full Article

Scientific Games Corp awarded three-year instant game contract extension with Colorado Lottery
Monday, 8 Sep 2014 05:15pm EDT 

Scientific Games Corp:Signs extension of its contract with Colorado Lottery to continue as provider of instant lottery games and related services.Under the agreement with Colorado Lottery, Scientific Games will continue as Lottery's primary instant game provider for three additional years beginning July 01.  Full Article

Scientific Games Corp awarded two-year instant game contract extension with Minnesota Lottery
Wednesday, 13 Aug 2014 05:15pm EDT 

Scientific Games Corp:Signed an extension of its contract with the Minnesota Lottery.To continue as provider of instant lottery games.Under agreement, Company will continue as secondary instant game provider to Minnesota Lottery for two additional years beginning July 1.In addition to traditional instant games, Scientific Games also provides Minnesota Lottery with its Sciplay ecommerce solution, which facilitates sale of both draw games and eInstant games via web and mobile channels.  Full Article

Scientific Games Corp expands Asia-Pacific presence with lottery instant game contract for Taiwan Lottery
Tuesday, 12 Aug 2014 05:15pm EDT 

Scientific Games Corp:Signs new contract to provide instant games for the Taiwan Lottery Co., Ltd.Under agreement, Scientific Games will provide instant games, licensed properties and marketing services.Contract, which was awarded through formal procurement process by the TLC, expands company's leadership in Asia Pacific region.Two-year contract, which may be extended for additional two years, began June 2014.  Full Article

Scientific Games Corp to acquire Bally Technologies in transaction valued at $5.1 bln
Friday, 1 Aug 2014 07:21am EDT 

Scientific Games Corp:Enters into definitive merger agreement whereby Scientific Games has agreed to acquire all of the outstanding Bally common stock for $83.30 in cash per share, which represents a 38 pct premium to Bally's closing stock price on July 31, 2014.Aggregate transaction value is about $5.1 bln, including the refinancing of about $1.8 bln of existing Bally net debt.Transaction was unanimously approved by the boards of directors of the two companies.  Full Article

Scientific Games announces appointment of President and Chief Executive Officer
Tuesday, 10 Jun 2014 08:00am EDT 

Scientific Games Corp:Appoints Gavin Isaacs as President and Chief Executive Officer succeeding David L. Kennedy effective immediately.  Full Article

Scientific Games Corp announces proposed private offering of $375.0 million of senior subordinated notes due 2021
Tuesday, 20 May 2014 09:09am EDT 

Scientific Games Corp:Says its wholly owned subsidiary, Scientific Games International, Inc. (SGI), intends, to offer $375.0 mln of senior subordinated notes due 2021 (2021 Notes) in a private offering.2021 Notes will be guaranteed by Scientific Games and certain of its subsidiaries.Scientific Games intends to use the net proceeds of the 2021 Notes offering to redeem or repurchase all of SGI's outstanding 9.25 pct Senior Subordinated Notes due 2019 (2019 Notes) and to pay accrued and unpaid interest thereon plus any related premiums, fees and costs.Also uses for general corporate.  Full Article

Scientific Games Corporation to provide national lottery of panama's first online lottery game
Friday, 2 May 2014 06:57pm EDT 

Scientific Games Corporation:Says that it has signed an amendment to its contract with Loteria Nacional de Beneficencia of Panama to provide the online lottery game, Pega 3, under the company's existing agreement with the Lottery.Created by Scientific Games, Pega 3 is scheduled to launch in June 2014 as a standard Pick 3 game.  Full Article

Scientific Games signs instant game contract with FDJ
Monday, 21 Apr 2014 05:00pm EDT 

Scientific Games Corp:signs contract with La Francaise des Jeux (FDJ), operator of French National Lottery.Scientific Games will continue to be primary supplier of instant games to FDJ.Three-year contract, which began on Jan. 1 was awarded to company following competitive procurement process.Contract includes options for Lottery to extend contract for three additional one-year periods.Revenue to Scientific Games will continue to be on price-per-unit basis.  Full Article

Scientific Games promotes Scott Schweinfurth to executive vice president and chief financial officer
Thursday, 3 Apr 2014 08:20am EDT 

Scientific Games Corp:Says that Scott D. Schweinfurth has been promoted to Executive Vice President and Chief Financial Officer of the company.Replaces Jeffrey S. Lipkin, who will help facilitate a seamless transition.  Full Article

All eyes on Scientific Games LBO bond

NEW YORK, Oct 31 (IFR) - Underwriters are facing another problem when backing leveraged buyouts - and this time it's not regulators but unpredictable debt markets.

Search Stocks