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Scientific Games has reported reduced losses in its third quarter results, thanks partly to revenue growth of 81 percent in social gaming and larger machine sales. Group financial highlights from the company included: * Revenue up 7 percent year-on-year at $720 million; * Operating income of $33.5 million compared to a loss of $988.2 million …
Scientific Games has announced a deal with Warner Bros. Consumer Products that will see some of the top brands in entertainment used as themes for slot games across all channels. The multi-year, multi-property agreement includes the use of popular television and movie brands like Austin Powers, Caddyshack, The Flintstones, Friends, The Lord of the Rings, …
Scientific Games has announced its acquisition of Karma Gaming’s portfolio of interactive games for an undisclosed consideration. “The purchase, which was completed in June 2016, accelerates Scientific Games’ interactive strategy and product roadmap while further strengthening the Company’s position to lead lotteries into the digital future,” a company statement reads. The acquisition furthers Scientific Games’ …
The growing emphasis on skill-based slot machines that are more appealing to the millennial demographic has seen Scientific Games awarded a Best Slot accolade for its Space Invaders game at the 2016 Gaming and Technology Awards. The company was also honoured for its Prizm game table, a pioneering social gaming table in an industry-first slot …
A statement issued Wednesday by the Scientific Games land and online gambling supplier boosted its share price by 22.2 percent in a clear indication that investors like what they are seeing from the new management of Kevin Sheehan (see previous reports). The announcement that created all this positivity detailed a management decision to designate its …
The announcement Friday that the respected Scientific Games CEO Gavin Isaacs has handed the reins over to former Norwegian Cruise Lines chief executive Kevin Sheehan (see previous reports) had an unintended and immediate consequence…the group’s share price dived 16 percent in Friday trading. Analysts attributed the plunge to investor concerns that Sheehan, whilst an accomplished …
Scientific Games Corporation announced Friday that Kevin M. Sheehan, former Chief Executive Officer and President of Norwegian Cruise Line, has joined Scientific Games as the company’s new CEO and President, and will serve on the company’s board of directors. Current Scientific Games CEO and President Gavin Isaacs will become Vice Chairman of the board of …
US gaming firm Scientific Games will expand its online offer in Europe following the award of a license from the Romanian Gaming Authority. The award progresses Scientific Games’ aggressive strategy to obtain “rapid approval” in all newly regulated jurisdictions, a company statement said. The company is poised to enter Italy and Portugal later this year. …
Scientific Games’ SG Interactive subsidiary has launched its Play4Fun Network social gaming platform across mobile and desktop channels for seven Eldorado Resorts Inc. casinos in Louisiana, Pennsylvania, Ohio, West Virginia, Nevada. The Play4Fun Network, branded as Play Eldorado, will seamlessly integrate with Eldorado’s existing SG Universe Mobile ConciergeTM app which went live in February of …
Bally Technologies’ terrestrial fav “King of Pop” is set for online and mobile launch this month (May). The five-reel, 25-payline game is themed on the iconic Michael Jackson and offers Moonwalk Wilds, Smooth Criminal Free Games, Beat It Free Games, Platinum Bonus Spin Wheel, and Mystery Stacked™ wilds.
Scientific Games Corporation has reported results for the first quarter ended March 31, 2016, showcasing a 4 percent year-on-year rise in revenues to $682 million, driven by 55 percent growth in the interactive division despite a $7 million hit from unfavourable currency conversion. Operating income in Q1-2016 increased 178 percent to $50 million from $18 …
Online gambling content developer Gaming Realms announced Thursday that it has inked a five-year content and distribution agreement with Scientific Games, although it did not provide any detail on the financial arrangements surrounding the deal. Following the agreement, Scientific Games will have exclusive rights to produce Slingo-branded [slots-bingo] slot machines and to distribute them to …
Scientific Games Corporation has announced that after a competitive procurement process Danske Spil A/S in Denmark has awarded it two major contracts covering the lottery and gaming business areas. The US company was awarded a seven-year contract for Danske Lotteri Spil’s (the “Danish Lottery”) new systems technology including game solutions and services. The Danish Lottery’s …
Scientific Games Corporation has reported its Q4 and FY 2015 results, noting that Q4-2015 revenue grew 10 percent quarter on quarter to $737 million driven by increased land machine orders and an 18 percent q-o-q increase in interactive revenue to $60 million. Q4 EBITDA rose to $293 million on margin of 40 percent, whilst over …
Live dealer gambling specialists Evolution Gaming has inked a three-and-a-half year exclusive deal with Scientific Games that will see it offering a live casino version of SG’s Ultimate Texas Hold’em poker. The agreement means that Evolution has secured exclusive rights to provide Ultimate Texas Hold’em as part of its product range, and additionally has the …
Online and land gambling supplier Scientific Games has revealed top management moves at group level, with CEO Gavin Isaac’s contract extended by a year, and group chief financial officer Scott Schweinfurth on the way to a well-deserved retirement. Isaac’s contract extension is a vote of confidence in Isaacs, who has overseen important acquisitions like that …
Scientific Games Corporation has announced the forthcoming promotion of Michael Quartieri to Executive Vice President, Chief Financial Officer and Secretary of the group. He will be based at the group’s Las Vegas global headquarters, reporting to CEO and president Gavin Isaacs. Quartieri joined Scientific Games last month as Vice President and Corporate Controller. He recently …
Scientific Games Corporation’s executive vice president, chief financial officer and corporate secretary Scott D. Schweinfurth will step into retirement following completion of the Company’s year-end financial audit and the appointment of his successor. In other news, the company appointed Michael Quartieri as Vice President and Corporate Controller.
Land Brandenburg Lotto GmbH and Scientific Games have inked a six-year deal for the provision of an instant game Cooperative Services Programme (CSP). Scientific Games will advise the Lottery’s instant product portfolio, and provide product development, design and manufacturing instant games as well as warehousing, packaging and distribution. The contract for full-service CSP began in …
Scientific Games Interactive will launch its SG Universe Play4Fun Network social gaming platform and SG Universe Mobile Concierge platform with the Pokagon Band of Potawatomi Indians’ Four Winds Casinos in New Buffalo, Hartford and Dowagiac, Michigan. The offer, expected to go live before year-end, will provide Four Winds’ customers an online and mobile social casino …
Scientific Games Corporation announced Wednesday that it has launched Hot Shot Casino on Facebook – the first social casino to combine subsidiary companies Williams, Shuffle Master, and Bally content in one game. Hot Shot offers some of the newest slots in both land-based and online casinos, and will feature popular games such as Zeus III, …
Scientific Games has posted its Q2-2015 results, which show that the group’s interactive division delivered another creditable performance despite wider group losses attributed mainly to acquisition and integration related to the company’s $5.1 billion takeover of Bally Technologies last November . Overall group revenues were up 65.8 percent y-o-y at $691.5 million, but the group …
The Mohegan Tribal Gaming Network (MTGA) has expanded on its partnership with Scientific Games (SG) with the extension of its social casino product, SG Universe Play4Fun Network. The platform will soon go live for MTGA’s Uncasville, Connecticut location, Mohegan Sun offering players a social casino accessible via the casino’s native iOS and Android applications. “Working …
Scientific Games and Paddy Power have signed an online slots and table games content deal which will see a new range of proprietary slots and table games offered to Paddy Power customers. The content, from Scientific Games’ studios Bally, Barcrest, Shuffle Master, and Williams, will be available for play online and through mobile devices. “Scientific …