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Light & Wonder News
Scientific Games says patent lawsuit against subsidiary dismissed
24 Feb 2015
The lawsuit, filed in 2009 by Table Max Gaming against SHFL entertainment, was dismissed with prejudice by the United States District Court in Nevada.
Small merger may signal big changes
11 Feb 2015
The transaction between Nevada’s largest tavern owner/slot machine route operator and the Minnesota-based casino company might signal consolidation in the regional gaming market.
Inside Gaming: With its latest deals, Scientific Games is the new IGT - minus the baggage
10 Feb 2015
The company will consolidate its substantial U.S. manufacturing operations in Las Vegas by the end of this summer.
Scientific Games will move corporate headquarters to Las Vegas
28 Jan 2015
The company said it would establish its primary U.S. manufacturing operations at facilities it acquired in a $5.1 billion buyout of Bally Technologies last year. Scientific Games’ corporate offices will be located off the 215 Beltway.
Gaming Insider: Analysts split on impact of mergers among gaming manufacturers
26 Jan 2015
The next 18 months won't contain the fireworks associated with five multibillion-dollar corporate mergers, but the time period could foretell the manufacturing industry's future.
Carnival Corporation launches mobile gaming solution powered by Scientific Games
23 Jan 2015
Adult guests will be able to wager on their mobile devices throughout Carnival ships while in international waters.
Incentives OK'd for 'Monopoly Millionaires' game show
23 Jan 2015
The incentives may also be used relocate the corporate headquarters of Scientific Games, the world’s second-largest slot machine manufacturer, to Las Vegas from New York.
Major events underscore business news in Las Vegas in 2014
29 Dec 2014
Whatever this state does, it does big. When it booms, it leads the nation in growth. When it busts, well — that’s epic, too.
Gaming regulators approve buyout of Multimedia Games by Global Cash Access
19 Dec 2014
The $1.2 billion buyout of slot machine maker Multimedia Games by Global Cash Access was approved Thursday by the Nevada Gaming, which allowed the transaction to clear its final regulatory hurdle.
Scientific Games officially appoints Haddrill as executive vice chairman
11 Dec 2014
In a filing with Securities and Exchange Commission on Wednesday, Scientific Games said Richard Haddrill, 61, was given a three-year contract.
Here's why Ultimate Gaming failed so soon
9 Dec 2014
Until Nevada is able to find a populous state to be an online gaming partner — the pending agreement with Delaware won’t move the needle — the Silver State is just too small in population to support a vibrant Internet poker market.
Social gaming factor in Ultimate Gaming's demise
8 Dec 2014
The growing acceptance of social gaming also played into the decision by Station Casinos to pull the plug on its interactive arm last month.
Isaacs can thank Perelman for his exodus from exile
8 Dec 2014
In a year, Gavin Isaacs went from unemployed to CEO of what has become the gaming industry’s most diversified global business with 10 components that touch all aspects of legalized gambling.
Global Cash Access edges closer to buyout of Multimedia Games
8 Dec 2014
The Gaming Control Board unanimously recommended approval of the deal following a hearing in Carson City. The Nevada Gaming Commission will rule on the matter on Dec. 18.
Nevadan at work: Konami exec, others relay message: Nothing has changed
24 Nov 2014
Konami has been increasing its share of slot machine floors controlled by the larger, American-based gaming equipment companies.
Scientific Games completes $5.1 billion acquisition of Bally
24 Nov 2014
Bally, now considered the gaming industry’s largest gaming equipment provider based on market share, will become a wholly owned subsidiary of New York-based Scientific Games, which is one the world’s largest lottery system and equipment providers.
Scientific Games completes merger with Bally Technologies
22 Nov 2014
The aggregate transaction value was approximately $5.1 billion, including the refinancing of approximately $1.8 billion of existing Bally net debt.
Regulators approve Scientific Games $5.1 billion buyout of Bally
21 Nov 2014
As early as Friday, Scientific Games will become the gaming industry’s most diversified global business with 10 different components that touch all aspects of legalized gambling.
Bally shareholders approve $5.1 billion buyout
20 Nov 2014
New York-based Scientific Games is paying $83.30 per share to acquire all outstanding shares of Las Vegas-based Bally, valued at $3.3 billion.
Inside Gaming: Decade covering casino industry anything but boring
17 Nov 2014
The past 10 years covering gaming nationally and internationally have been nothing short of a theme park thrill ride that Disney’s greatest designers couldn’t conjure.
Scientific Games says Bally Technologies deal is on track
3 Nov 2014
In an SEC filing last month, Scientific Games said it raised $2 billion for the transaction.
Bally Technologies sees dip in quarterly earnings
31 Oct 2014
Overall revenue for Bally was $320.8 million.
Scientific Games-Bally deal may lead to 21 percent cut in workers
16 Oct 2014
The number of jobs eliminated would provide a cost savings of $83 million — 57 percent of the anticipated $144 million in reductions expected in the merger’s first year.
New Sea of Tranquility slot from Williams Interactive
7 Oct 2014
Sea of Tranquility uses a "Close Enough" game engine that has been running successfully at land-based casinos for a year, and can turn losing spins into winning ones.
Global Cash CEO says Multimedia Games deal a class apart
3 Oct 2014
The deal is not like any of the other high-profile gaming equipment-sector consolidations discussed this week at the Global Gaming Expo.
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