Scientific Games’ subsidiary Shuffle Master faces a $315 million penalty following this week’s finding by a US judge that it launched a sham lawsuit in 2012 against rival card-shuffling provider Shuffle Tech (since bankrupt) to damage the firm. The Guardian newspaper reports that Scientific Games is to appeal the court’s finding, which concluded that Shuffle …
Shuffle Master opens the next chapter with a new company name SHFL Entertainment, Inc. that it says incorporates the Company’s mission and its impact in the casino gaming industry. Chief executive officer Gavin Isaacs explained the choice of name: “The ‘SHFL’ part pays tribute to the name of the Company chosen by our founder, John …
Shuffle Master paid a price for a set of Q3-2012 results that did not meet analyst expectations this week, seeing its share price drop by 8 percent. Shares slumped in after-market trading Monday after the US gambling supply company reported that expenses increased after it hired a chief strategy officer and filled its general counsel …