Sponsored Links

Scientific Games Corporation

Refined by:

  • Industry: Information Technology   

News and Blogs

Total : 4 View more »

Scientific Games To Release Second Quarter Results July 31, 2008

www.prnewswire.com

Conference Call August 1, 2008 at 8:30 AM Eastern Time NEW YORK, July 17 /PRNewswire-FirstCall/ -- Scientific Games (Nasdaq: SGMS) plans to release financial results for the second quarter ended June 30, 2008 on July 31, 2008 after market close.

http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=109&STORY=/www/story/07-17-2008/0004851322&EDATE=

Scientific Games signs totalisator services agreement with Nassau OTB

www.computerbusinessreview.com | Mar 17, 2008

Scientific Games Racing, a supplier of server based gaming machines and systems, has signed two new contracts with Nassau Regional Off-Track Betting.

http://www.computerbusinessreview.com/article_news.asp?guid=869C81DA-0B2F-4A84-ADF9-2C3335ED5B83

Scientific Games Racing Signs New Contracts with Racing Operators in Germany and Finland

www.prnewswire.com | Mar 17, 2008

NEW YORK, March 17 /PRNewswire-FirstCall/ -- Scientific Games (Nasdaq: SGMS) announced it has signed four new contracts with customers in Germany and Finland for the provision of pari-mutuel wagering systems, terminal and services.

http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=109&STORY=/www/story/03-17-2008/0004775047&EDATE=

Scientific Games to Release Fourth Quarter Results February 28, 2008

www.prnewswire.com | Feb 13, 2008

Conference Call February 29, 2008 at 8:30 AM Eastern Time NEW YORK, Feb. 13 /PRNewswire-FirstCall/ -- Scientific Games (Nasdaq: SGMS) plans to release financial results for the fourth quarter ended December 31, 2007 on February 28, 2008 after market close.

http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=109&STORY=/www/story/02-13-2008/0004755721&EDATE=

Web Sites

Total : 9 View more »

Scientific Games Corp. - Company Profile - Computer Business Review

** NEW FEATURE ** Sign-up for NewsAlerts on Scientific Games Corp. so that whenever news breaks on this company you are amongst the first to know. Click here...

http://www.computerbusinessreview.com/companyprofile.asp?guid=512B9C89-1522-4049-907F-63A66C229BE7&CType=Background

Scientific Games

"It would be a frustrating experience for patrons, and bad for the industry, if our wagering systems weren't working — especially before a race. HP OpenView allows us to effectively monitor all of our systems and devices, so we can make adjustments proactively before they impact business."

http://www.openview.com/cgi-bin/pf-new.cgi?IN=hp//news/success/sss/sss_sg.html

TheStreet.comTheStreet.com : Print Story - Scientific Games an Instant Winner in China

The quick-thrill "scratch and win" lottery tickets seem to be in every corner store and gas station across America, with snazzy and playful names such as "Bada Bling" or "Cashtastic.

http://www.thestreet.com/print/story/10424215.html

Scientific Games Completes Games Media Acquisition

NEW YORK, Dec. 22 /PRNewswire-FirstCall/ -- Scientific Games (Nasdaq: SGMS) announced today that it has completed the acquisition of Games Media Ltd. and related companies.

http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=ind_focus.story&STORY=/www/story/12-22-2006/0004495985&EDATE=FRI+Dec+22+2006,+08:40+AM

 

Scientific Games Closes $800 Of Credit Facilities - Zibb.com

June 16, 2008 (FinancialWire) Scientific Games Corp.'s (NASDAQ: SGMS) (Current Market Cap: US$ 3.04 Bil.) Scientific Games International, Inc. unit has entered into a new $250 million senior secured revolving credit facility and a new $550 million senior secured term loan credit facility.

The company used the net proceeds of the new senior credit facilities to repay outstanding borrowings under its previously existing senior credit facilities.

New York-based Scientific Games is an integrated supplier of instant tickets, systems and services to lotteries worldwide, a supplier of server-based gaming machines and systems, amusement and skill with prize betting terminals, interactive sports betting terminals and systems, and wagering systems and services to pari-mutuel operators.

The company is also a licensed pari-mutuel gaming operator in Connecticut, Maine and the Netherlands and is a supplier of prepaid phone cards to telephone companies. Scientific Games' customers are in the United States and more than sixty other countries.

FinancialWire" is a fully independent, proprietary news wire service of Investrend Information (a division of Investrend Communications, Inc.). FinancialWire" news is written by professional journalists, dedicated to pure journalistic standards. FinancialWire" does not receive or accept any compensation from any individual or subject company (or representative thereof) for its news or opinions. All FinancialWire" news is available at http://www.financialwire.net . Please address any inquiries to feedback@financialwire.net .

Free annual reports for companies mentioned in the news are available at http://investrend.ar.wilink.com/?level=279 .

http://www.financialwire.net

Read more...

Tags: communications   connecticut   maine   market   nasdaq   new_york   science   sports   standards  

Companies: Scientific Games Corp. (SGMS)

Permalink

 

Scientific Games Names Yan Xuan as President, Greater China - Zibb.com

Scientific Games Corporation (Nasdaq: SGMS) announced the addition of Yan Xuan to the role of President, Greater China and Senior Vice President, Scientific Games International. Mr. Xuan will be responsible for the execution of the Company's strategy and the growth of revenue and profits for this new geographic market which includes mainland China, Hong Kong and Taiwan.

Yan Xuan has a wealth of experience and most recently worked for Oracle Corporation as Vice President of Government Affairs and Business Development for the Greater China Region. Immediately prior to joining Oracle, Yan was General Manager of Strategic Investments at Microsoft. He also spent seven years with AT&T and Lucent in senior management and executive positions, including Vice President of Business Development and Administration and Vice Chairman of the $450M Optic Fiber Solutions and Channels businesses in China. Yan also has experience working in several prominent law firms and has served as in-house counsel for both privately held and publicly listed companies. Yan holds a degree in English from Beijing University and a J.D. from Duke University.

"We are pleased to add such a seasoned professional to our team in China. Yan's depth of knowledge in government relations and business development and his experience in large multi-national corporations will provide strong leadership as we drive our efforts in the greater China marketplace," said Lorne Weil, Chairman and CEO of Scientific Games. "His impressive track record for delivering results and driving execution is an important complement to our business."

About Scientific Games

Scientific Games Corporation is the leading integrated supplier of instant tickets, systems and services to lotteries worldwide, a leading supplier of server based gaming machines and systems, Amusement and Skill with Prize betting terminals, interactive sports betting terminals and systems, and wagering systems and services to pari-mutuel operators. It is also a licensed pari-mutuel gaming operator in Connecticut, Maine and the Netherlands and is a leading supplier of prepaid phone cards to telephone companies. Scientific Games' customers are in the United States and more than 60 other countries. For more information about Scientific Games, please visit our web site at www.scientificgames.com.

    Company Contact:
    Investor Relations
    Scientific Games Corporation
    212-754-2233

Forward-Looking Statements

Certain statements in this press release which are not historical facts, constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements, including those relating to timing of contracts, renewals or other events, business plans and performance objectives, are based upon management's current expectations, assumptions and estimates and are not guarantees of future results or performance. Actual results may differ materially from those projected in these statements due to a variety of risks and uncertainties and other factors, including, among other things: competition; material adverse changes in economic and industry conditions in our markets; technological change; protection of intellectual property; security and integrity of software and systems; laws and government regulation, including those relating to gaming licenses, permits and operations; seasonality; dependence on suppliers and manufacturers; factors associated with foreign operations; failure to retain, renew or perform on contracts; resolution of pending or future litigation; and other factors described from time to time in our filings with the SEC, including our most recent Annual Report on Form 10-K. Forward-looking statements speak only as of the date they are made, and except for our ongoing obligations under the U.S. federal securities laws, we undertake no obligation to publicly update any forward-looking statements whether as a result of new information, future events or otherwise.

SOURCE Scientific Games Corporation

http://www.scientificgames.com

Read more...

Tags: annual report   beijing   business   ceo   china   connecticut   executive   federal   foreign operations   government   hong kong   law   licenses   maine   market   nasdaq   president   property   revenue   science   securities   security   software   sports   taiwan   track   university   web  

Companies: Scientific Games Corp. (SGMS)

Permalink

 

Scientific Games Awarded New South Wales Instant Ticket Contract - Zibb.com

Scientific Games (Nasdaq: SGMS) announced it has been awarded a contract as the exclusive supplier of instant tickets and related services to the New South Wales (NSW) Lotteries Corporation. The contract, which begins July 2008, has an initial term of three years and is slated to cover all NSW Lotteries "Instant Scratchies" business. Scientific Games was chosen in an open and competitive procurement process and expects to generate revenue of approximately $3 million per year.

"We are happy to renew our contract with NSW Lotteries, which is a leading lottery operator in Australia," said Lorne Weil, Chairman and CEO of Scientific Games. "We see many opportunities to continue to grow instant ticket sales for NSW and we are glad to continue to be part of the team."

"The fact that Scientific Games has a world class production facility in Sydney has been critical to our sales success with Instant Scratchies over the years," said Michael Howell, Chief Executive Officer of the New South Wales Lotteries Corporation. "We look forward to building on the excellent levels of service that Scientific Games and its local affiliate have provided NSW Lotteries."

In fiscal 2007, the NSW Lotteries generated over $1.2 billion in retail sales, over 10% of which was derived from instant ticket sales.

About Scientific Games

Scientific Games Corporation is the leading integrated supplier of instant tickets, systems and services to lotteries worldwide, a leading supplier of server based gaming machines and systems, Amusement and Skill with Prize betting terminals, interactive sports betting terminals and systems, and wagering systems and services to pari-mutuel operators. It is also a licensed pari-mutuel gaming operator in Connecticut, Maine and the Netherlands and is a leading supplier of prepaid phone cards to telephone companies. Scientific Games' customers are in the United States and more than 60 other countries. For more information about Scientific Games, please visit our web site at www.scientificgames.com.

    Company Contact:
    Investor Relations
    Scientific Games Corporation
    212-754-2233

Forward-Looking Statements

Certain statements in this press release, which are not historical facts, constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements, including those relating to timing of contracts, renewals or other events, business plans and performance objectives, are based upon management's current expectations, assumptions and estimates and are not guarantees of future results or performance. Actual results may differ materially from those projected in these statements due to a variety of risks and uncertainties and other factors, including, among other things: competition; material adverse changes in economic and industry conditions in our markets; technological change; protection of intellectual property; security and integrity of software and systems; laws and government regulation, including those relating to gaming licenses, permits and operations; seasonality; dependence on suppliers and manufacturers; factors associated with foreign operations; failure to retain, renew or perform on contracts; resolution of pending or future litigation; and other factors described from time to time in our filings with the SEC, including our most recent Annual Report on Form 10-K. Forward-looking statements speak only as of the date they are made, and except for our ongoing obligations under the U.S. federal securities laws, we undertake no obligation to publicly update any forward-looking statements whether as a result of new information, future events or otherwise.

SOURCE Scientific Games Corporation

http://www.scientificgames.com

Read more...

Tags: annual report   australia   business   ceo   connecticut   contract   federal   foreign operations   government   licenses   local   lottery   maine   nasdaq   new south wales   property   retail sales   revenue   sales   science   securities   security   software   sports   sydney   web  

Companies: Scientific Games Corp. (SGMS)

Permalink

 

Dynegy to Restate First Quarter 2008 Financial Statements to Reflect Accounting Adjustments; No

Dynegy Inc. (NYSE:DYN) today announced that it will restate its previously issued financial statements for the first quarter 2008 to:

-- Reduce revenues by $229 million from $774 million to $545 million; and

-- Reduce cost of sales by $229 million from $680 million to $451 million

As originally reported, both revenues and cost of sales included $229 million of power purchases that, due to a calculation error, were presented on a gross basis as opposed to a net basis. The restatement to present these power purchases on a net basis has no effect on the company's previously reported operating loss, net loss or loss per share for the three months ended March 31, 2008, nor does it impact the company's cash flows, liquidity positions or 2008 earnings estimates.

Dynegy will file an amended first quarter 2008 Form 10-Q reflecting the $229 million decrease in both revenues and cost of sales. Accordingly, the first quarter 2008 Form 10-Q, in the form as originally filed on May 8, 2008, should not be relied upon.

Through its subsidiaries, Dynegy Inc. produces and sells electric energy, capacity and ancillary services in key U.S. markets. The power generation portfolio consists of more than 19,000 megawatts of baseload, intermediate and peaking power plants fueled by a mix of natural gas, coal and fuel oil. DYNC

SOURCE: Dynegy Inc.

Dynegy Inc., Houston
Media: David Byford, 713-767-5800
or
Analysts: Nir Grossman, 713-507-6466

Read more...

Tags: accounting   coal   earnings   electricity   natural gas   nyse   power plant   sales  

Companies: Dynegy, Inc. (DYN)

Permalink