SGMS News and Press, Scientific Games Corp

Will Begin Trading on NASDAQ Under New Stock Ticker Symbol “LNW” On April 29, 2022 Light & Wonder, Inc. (NASDAQ: SGMS), formerly known as Scientific Games Corporation (“Light & Wonder” or the “Company”), today announced t...

Long plagued by confused collections of assets, SGMS new management team has attacked product and debt to enhance shareholder value. Selling its sports betting and lottery businesses made sense given their debt load and the competitive strains in both verticals. The $7b in proceeds is...

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Recent statistics released by both New Jersey and Pennsylvania point to strong growth in sportsbook activity even outside of peak football season gambling.    Per PlayNJ, the NCAA Tournament sparked over $1.1 billion in wagers at New Jersey’s online and retail sportsbooks, se...

Scientific Games Corporation, doing business as Light & Wonder, (NASDAQ: SGMS) (“Light & Wonder” or the “Company”) announced today it will release its financial results for the first quarter ended March 31, 2022 on Tuesday, May 10, 2022, after market ...

SciPlay ended 2021 on a solid note and announced an interesting deal early in the year. A robust balance sheet and solid outlook inspired some confidence. Amidst these non-demanding valuation multiples, appeal appears to be luring here. For further details see: SciPlay: ...

Reduces principal amount of outstanding debt from $8.8 billion to $4.0 billion 1 and adjusted net debt leverage ratio 2 to below 3.9x from 6.2x, significantly strengthening credit profile Further enhances cash flow profile with an estimated annualized cash interest sav...