• About Us
  • The Team
  • Advertise with Us

The latest news on the gaming industry in Asia

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()
  • Home
  • Macau
  • Philippines
  • Singapore
  • Japan
  • Rest of Asia
  • World
  • Industry Talk
  • Trends & Tech
  • iGaming
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

Sci Games proposes to buy remaining 19pct stake in SciPlay

Jul 16, 2021 Newsdesk Industry Talk, Latest News, Top of the deck  


Sci Games proposes to buy remaining 19pct stake in SciPlay

Casino equipment provider Scientific Games Corp has made a proposal to acquire the remaining 19 percent of equity interest in digital gaming company SciPlay Corp that it does not currently own. If the deal is concluded, SciPlay would become a wholly-owned subsidiary of Scientific Games.

The proposal has already been submitted to the board of directors of SciPlay, Scientific Games said in a press release issued on Thursday.

Scientific Games’ proposed deal involves an all-stock transaction. It implies a premium of 11 percent based on the Scientific Games and SciPlay respective closing stock prices as of the close of business on Wednesday.

In the proposed transaction, SciPlay shareholders would receive 0.250 shares of Scientific Games’ common stock for each share of SciPlay Class A common stock they own.

“This proposed transaction is another important step forward on the strategy Scientific Games recently announced to become a content-led growth company with a particular focus on digital markets and unlock the value of the company’s products and technologies,” Scientific Games stated.

The firm announced in late June plans to divest itself of its lottery and sports betting businesses, as part of a company-wide strategic review. The U.S.-listed firm stated at the time it planned to focus on its land-based gaming, iGaming and SciPlay businesses.

Earlier this month, SciPlay acquired Koukoi Games Oy, a Finland-based developer and operator of casual mobile games.


  • tweet
Related articles
  • ‘Stunt Stars’ new slot game from Lightning Box
    ‘Stunt Stars’ new slot game from...

    Jan 05, 2023  

  • Gaming, digital pushes L&W 3Q revenue up 20pct y-o-y
    Gaming, digital pushes L&W 3Q...

    Nov 10, 2022  

More news
  • Vietnam’s Hoiana says has several partners to bring biz
    Vietnam’s Hoiana says has several...

    Mar 22, 2023  

  • Jennifer Kartono named chief HR officer of Crane NXT
    Jennifer Kartono named chief HR officer...

    Mar 22, 2023  


Latest News

Vietnam’s Hoiana says has several partners to bring biz

Vietnam’s Hoiana says has several partners to bring biz

Mar 22, 2023  

Hoiana Resort & Golf (pictured), a beachside complex with foreigner-only casino in Vietnam’s Quang Nam province, has told GGRAsia it “currently” has “several partners” to help it bring...
Read More
Jennifer Kartono named chief HR officer of Crane NXT

Jennifer Kartono named chief HR officer of Crane NXT

Mar 22, 2023  

Casino op SJM 2024 EBITDA to hit US$510mln: Moody’s

Casino op SJM 2024 EBITDA to hit US$510mln: Moody’s

Mar 22, 2023  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day

”We are seriously considering the privatisation of all Pagcor-operated casinos”

Alejandro Tengco

Chairman and chief executive of the Philippine Amusement and Gaming Corp (Pagcor)



Most Popular

  • Universal Ent seeks to end SPAC deal for Okada Manila listingUniversal Ent seeks to end SPAC deal for Okada Manila… March 20, 2023
  • Macau GGR for March 1 to 19 at US$845mln: JP MorganMacau GGR for March 1 to 19 at US$845mln: JP Morgan March 20, 2023
  • Let’s Win hosts grand opening for club at Hoiana in VietnamLet’s Win hosts grand opening for club at Hoiana in… March 20, 2023
  • Macau ops getting overseas visitors via private jets: reportMacau ops getting overseas visitors via private jets: report March 21, 2023
  • US$165mln syndicated loan for Hann Reserve, says promoterUS$165mln syndicated loan for Hann Reserve, says promoter March 20, 2023
Copyright 2014-2023 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us