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Lottomatica Closes Scientific Games Sale

20 Nov 2003

MILAN, Italy – As reported by the Reuters: "Italian lottery group Lottomatica (Milan:LTT.MI) said on Thursday it had closed the sale of its stake in U.S. gaming systems supplier Scientific Games (NasdaqNM:SGMS) to private holding company MacAndrews & Forbes for $199 million.

"…Lottomatica bought the stake in September 2000 for $100 million…"

 
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