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Light & Wonder News
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.
Credit CEO Haddrill for Bally’s sound financial status
1 Oct 2014
Seventeen months after he handed the reins of the gaming equipment manufacturer to his hand-chosen successor, Haddrill gave up his chairman’s seat and returned to the CEO’s desk on May 23.
Adelson slips one spot on the Forbes list
30 Sep 2014
Sheldon Adelson, 81, was listed as both the gaming industry’s and Nevada’s top name on the annual ranking, which came out Monday.
Inside Gaming: Industry is not facing slots of fun
15 Sep 2014
Analysts said this month the replacement market — in which slot machine manufacturers sell casinos newer games to change out older products — has fallen from previous estimates.
Global Cash Access to acquire Multimedia Games
9 Sep 2014
The deal, which requires regulatory and shareholder approval, is the most recent buyout in a wave of slot machine industry mergers and consolidations in the past 18 months.
Bally Technologies revenue up for quarter, fiscal year
28 Aug 2014
Las Vegas-based Bally said its net income was $59.6 million for the quarter, or 31 cents per share.
Scientific Games-Bally deal gets federal antitrust OK
21 Aug 2014
In a joint statement, the companies said they received notice from the Federal Trade Commission of early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976.
Scientific Games expands Asia-Pacific presence with lottery instant game contract for Taiwan Lottery
13 Aug 2014
Scientific Games signs new contract with the Taiwan Lottery Co., Ltd
Recent mergers a relief to investors
13 Aug 2014
In the past few years, many new products never made it from the Global Gaming Expo trade show floor to a casino. A shake-up was needed.
Isaacs goes from unemployed to CEO of four companies
6 Aug 2014
By early next year, Gavin Isaacs expects to be CEO of a company that controls two of the world’s top three slot machine manufacturers, the casino industry’s largest supplier of table games and casino management products, and the biggest U.S.-based provider of lottery systems.
Scientific Games to buy Bally in $5.1 billion deal
4 Aug 2014
The transaction is the second high-profile gaming industry merger in less than a month.
Speculation abounds on casino industry mergers, acquisitions
14 Jul 2014
For the first time since the recession dried up credit markets and brought mergers and acquisition activity to a standstill, the casino industry is awash with speculation about transactions.
Gavin Isaacs named CEO of Scientific Games
10 Jun 2014
Isaacs, 49, who had more than 15 years experience in top-level executive positions with three gaming equipment providers, had been serving as a consultant to Scientific Games Chairman Ronald Perelman, the company’s largest stockholder.
Scientific Games reports Q1 2014 results
10 May 2014
Q1 revenue increase reflects the first full quarter of contribution from the WMS acquisition and 7% revenue growth in our lottery business.
Merger ushers in leadership shuffle for WMS Industries
16 Apr 2014
Earlier this month, Scientific Games moved WMS’ longtime chief financial officer into the same role with the parent company.
IGT financial woes a drag on entire gaming equipment sector
28 Mar 2014
IGT took a battering from investors Wednesday, March 26 and analysts worried sour financial predictions announced 24 hours earlier might taint rival companies in the gaming equipment sector.
Analysts wary of market-share erosion for slot maker IGT
25 Mar 2014
Despite first-quarter results that were well received by investors, at least two analysts raised concerns in recent weeks that IGT could be bleeding away slot machine market share to the competition.
The Reel Life: Breaking Bad edition
27 Feb 2014
A 21-year-old Illinois man was arrested for cooking crystal meth while wearing a "Breaking Bad" t-shirt. Obviously, he didn't get the message that cooking meth is a bad idea.
SkillOnNet Casinos adds player-favorite games from Williams Interactive
24 Feb 2014
Through integration with the Williams Interactive Remote Game Server players visiting SkillOnNet online properties will have access to an unrivaled content portfolio of online slot games on both desktop and mobile devices.
Scientific Games signs central monitoring system contract with New Mexico Gaming Control Board
29 Jan 2014
Scientific Games SGVideo Gaming Central Monitoring System will monitor and control licensed video gaming terminals, located in five racinos and up to 70 non-profit locations.
Williams Interactive unveils Zeus III
28 Jan 2014
Williams Interactive LLC, a wholly owned subsidiary of Scientific Games Corporation, today announced the release of Zeus III, a new online theme from its library of authentic Vegas-style slot games and the first game online to be powered by the gambler-favorite Reel Boost game engine.
Inside Gaming: Customer panel praises IGT
23 Dec 2013
Several analysts attending IGT’s annual Investor Day presentation in New York City earlier this month said the panel provided a fresh perspective on the slot machine giant’s games, systems and strategies.
Scientific Games replaces CEO after completing $1.5 billion WMS purchase
20 Nov 2013
Several analysts said A. Lorne Weil had planned to leave the New York-based company.
Delaware to go live with online gambling on Oct. 31
24 Oct 2013
Delaware will launch real-money online gaming on Oct. 31. The Halloween treat for casino players was confirmed Tuesday at the World Regulatory Briefing in Philadelphia by Dover Downs Hotel and Casino President and CEO Ed Sutor.
Scientific Games completes buyout of slot maker WMS Industries
21 Oct 2013
The transaction was approved by WMS shareholders and the Federal Trade Commission.
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