Scientific Games Announces Successful Completion of Notes Offering. LAS VEGAS, July 1, 2020 /PRNewswire/ - Scientific Games Corporation (NASDAQ: SGMS) (' Scientific Games ' or the 'Company') today announced. That its wholly owned subsidiary, Scientific Games International, Inc. ('SGI'), successfully completed a private offering of $550.0 million in aggregate. LAS VEGAS, July 1, 2020 /PRNewswire/ - Scientific Games Corporation (NASDAQ: SGMS) ('Scientific Games' or the 'Company') today announced that its wholly owned subsidiary, Scientific Games.
LAS VEGAS, July 1, 2020 /PRNewswire/ -- Scientific Games Corporation (NASDAQ: SGMS) ('Scientific Games' or the 'Company') today announced that its wholly owned subsidiary, Scientific Games International, Inc. ('SGI'), successfully completed a private offering of $550.0 million in aggregate principal amount of new 8.625% senior unsecured notes due 2025 (the 'Notes') at an issue price of 100.000%.
The net proceeds of the Notes offering will be used to redeem all $340.6 million of SGI's outstanding 6.625% senior subordinated notes due 2021 (the '2021 Notes'), to pay accrued and unpaid interest thereon plus any related premiums, fees and expenses, to pay related fees and expenses of the Notes offering and to fund working capital and for other general corporate purposes.
The Notes are guaranteed on a senior basis by Scientific Games and certain of its subsidiaries, and the Notes are not secured.
LAS VEGAS, July 1, 2020 /PRNewswire/ - Scientific Games Corporation (NASDAQ: SGMS) ('Scientific Games' or the 'Company') today announced that its wholly owned subsidiary, Scientific Games International, Inc. ('SGI'), successfully completed a private offering of $550.0 million in aggregate principal amount of new 8.625% senior unsecured notes due 2025 (the 'Notes') at an issue price of 100.000%. All the Scientific Games subsidiaries that work on online games development are keeping up with the latest technology and trends and are delivering some great titles with improved graphics work so the players, in the end, get the full quality product. Apart from slot machines.
The Notes have not been registered under the Securities Act of 1933, as amended (the 'Securities Act'), or any state securities laws and, unless so registered, may not be offered or sold in the United States except pursuant to an applicable exemption from the registration requirements of the Securities Act and applicable state securities laws. The Notes are offered only to persons reasonably believed to be qualified institutional buyers in accordance with Rule 144A and to non-U.S. Persons under Regulation S under the Securities Act.
This press release does not and will not constitute an offer to sell or the solicitation of an offer to buy the Notes, nor will there be any sale of the Notes in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state. Nothing in this press release should be construed as an offer to purchase, notice of redemption or repurchase or a solicitation of an offer to purchase any of the outstanding 2021 Notes. This press release is being issued pursuant to and in accordance with Rule 135c under the Securities Act.
About Scientific Games
Scientific Games Corporation (NASDAQ: SGMS) is the world leader in offering customers a fully integrated portfolio of technology platforms, robust systems, engaging content and services. The Company is the global leader in technology-based gaming systems, digital real-money gaming and sports betting platforms, table games, table products and instant games, and a leader in products, services and content for gaming, lottery and social gaming markets. Scientific Games delivers what customers and players value most: trusted security, creative entertaining content, operating efficiencies and innovative technology. For more information, please visit www.scientificgames.com, which is updated regularly with financial and other information about the Company. The information contained on, or that may be accessed through, our website is not incorporated by reference into, and is not part of, this document.
COMPANY CONTACTS
Investor Relations:
Trent Kruse +1 702-532-7641
Senior Vice President, Investor Relations
Media Relations:
Christina Karas +1 702-532-7986
Director, Corporate Communications
media@scientificgames.com
Forward-Looking Statements
In this press release, Scientific Games makes 'forward-looking statements' within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements describe future expectations, plans, results or strategies and can often be identified by the use of terminology such as 'may,' 'will,' 'estimate,' 'intend,' 'plan,' 'continue,' 'believe,' 'expect,' 'anticipate,' 'target,' 'should,' 'could,' 'potential,' 'opportunity,' 'goal,' or similar terminology. These forward-looking statements include statements related to the terms, timing and completion of the offering of the Notes; the intended use of proceeds of the Notes offering; and the completion of the redemption of the 2021 Notes. These statements are based upon management's current expectations, assumptions and estimates and are not guarantees of timing, future results or performance. Therefore, you should not rely on any of these forward-looking statements as predictions of future events. Actual results may differ materially from those contemplated in these statements due to a variety of risks and uncertainties and other factors, including, among other things: the inability to consummate the potential refinancing transaction on the terms described herein or at all; the inability to otherwise reduce or refinance our indebtedness; and the risk that we will not use the proceeds in the manner anticipated.
Additional information regarding risks, uncertainties and other factors that could cause actual results to differ materially from those contemplated in forward-looking statements is included from time to time in our filings with the SEC, including the Company's current reports on Form 8-K, quarterly reports on Form 10-Q and its latest annual report on Form 10-K filed with the SEC on February 18, 2020 (including under the headings 'Forward-Looking Statements' and 'Risk Factors'). Forward-looking statements speak only as of the date they are made and, except for our ongoing obligations under the U.S. New bonus codes for online casinos. federal securities laws, we undertake no obligation and expressly disclaim any obligation to publicly update any forward-looking statements whether as a result of new information, future events or otherwise.
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SOURCE Scientific Games Corporation
Scientific Games is one of the largest companies that activate in the online gambling market currently, being a provider of services and products to gambling organizations and lotteries worldwide. The HQ of the company is in Las Vegas, Nevada, United States. They have been around since 1973, and their latest known revenue numbers were at $2.8 billion USD in 2015. They have multiple subsidiaries that create the games for them, Scientific Games being the umbrella under which you will find names like WMS Industries, Sciplay, Bally Technologies, The Global Draw, Barcrest or MDI Entertainment. The SG Digital also has large stakes in various lottery or gambling related companies, from China, Italy, UK and United States.
Scientific Games (SG Digital) Online Slots List
Among the products which are available through Scientific Games, you will find table games, instant lottery, gambling control systems, gaming machines, interactive gambling terminals, internet applications and more. More than 8,400 people are employed by Scientific Games, on all six continents.
Scientific Games describes itself as the world's leader in lottery and gaming industries, so this is no small company that we're talking about. Whether we're talking about land based or online casinos, they have a huge impact on these markets.
History
The history of Scientific Games doesn't start out in 1983, even though that's the year when the company was founded. It actually begins back in the 1930s, when the Williams brand started out and the electro-mechanical pinball machines were manufactured. Other companies that are currently subsidiaries for Scientific Games, but which started out before it, include Bally Technologies as well, along with Autotote Systems, which introduced the first instant lottery game in the world.
The Scientific Games company that we know now, started out in 1983 under the name Autotote Corporation, a Delaware company which was traded publicly on NASDAQ. The AEGIS lottery system was launched by the company in 1996, and a few years later they acquired Scientific Games Holdings. How to play eruption. Autotote changed their name to Scientific Games Corporation a year later.
Scientific Games was responsible for the introduction of the first lottery game on the Internet in the United States, and they did this in 2004. Fast forward a couple of years, to 2007, and they launch the first multi-state linked game of lottery.
In 2011, Scientific Games launched a mobile app for iPhone smartphones, which allowed for lottery play. They acquired WMS Industries in 2012, and then in 2013 they did the same with Bally Technologies.
In 2014, the company introduced a slot platform for land-based casinos, which could be used for game content from three different developers, including here WMS, Shuffle Master and Bally. Its name was TwinStar.
Recently, they acquired companies like DEQ Systems, Spicerack Media, Lapis Software Associates and Red7Mobile.
Scientific Casino Games
Scientific Games is mostly an umbrella under which a number of developers are creating games for the online market. As for the mother company, they seem to be focusing mostly on land-based gaming machines, with the TwinStar technology being their main focus.
If we're talking about the games that are offered by Scientific Games online, then we have slot machines and other casino games which are available under brands like Bally, Barcrest and WMS. Generally, as the game loads you will see the Scientific Games logo present as well, alongside with that of the developer.
Looking at Bally, you will discover a couple of interesting releases, one of which is the slot dedicated to Michael Jackson. Others are titles like Lucky Tree, Cash Wizard or Lady Robin Hood.
Check out Barcrest next, and you will see a larger number of online slots that they released, among which I would recommend Hercules High & Mighty, the Monopoly series or Monty's Millions.
Finally, with WMS, another very old company in the gaming industry, you get slots like Buffalo Spirit, Elvis the King Lives or Heidi's Bier Haus.
Graphics
Among the products which are available through Scientific Games, you will find table games, instant lottery, gambling control systems, gaming machines, interactive gambling terminals, internet applications and more. More than 8,400 people are employed by Scientific Games, on all six continents.
Scientific Games describes itself as the world's leader in lottery and gaming industries, so this is no small company that we're talking about. Whether we're talking about land based or online casinos, they have a huge impact on these markets.
History
The history of Scientific Games doesn't start out in 1983, even though that's the year when the company was founded. It actually begins back in the 1930s, when the Williams brand started out and the electro-mechanical pinball machines were manufactured. Other companies that are currently subsidiaries for Scientific Games, but which started out before it, include Bally Technologies as well, along with Autotote Systems, which introduced the first instant lottery game in the world.
The Scientific Games company that we know now, started out in 1983 under the name Autotote Corporation, a Delaware company which was traded publicly on NASDAQ. The AEGIS lottery system was launched by the company in 1996, and a few years later they acquired Scientific Games Holdings. How to play eruption. Autotote changed their name to Scientific Games Corporation a year later.
Scientific Games was responsible for the introduction of the first lottery game on the Internet in the United States, and they did this in 2004. Fast forward a couple of years, to 2007, and they launch the first multi-state linked game of lottery.
In 2011, Scientific Games launched a mobile app for iPhone smartphones, which allowed for lottery play. They acquired WMS Industries in 2012, and then in 2013 they did the same with Bally Technologies.
In 2014, the company introduced a slot platform for land-based casinos, which could be used for game content from three different developers, including here WMS, Shuffle Master and Bally. Its name was TwinStar.
Recently, they acquired companies like DEQ Systems, Spicerack Media, Lapis Software Associates and Red7Mobile.
Scientific Casino Games
Scientific Games is mostly an umbrella under which a number of developers are creating games for the online market. As for the mother company, they seem to be focusing mostly on land-based gaming machines, with the TwinStar technology being their main focus.
If we're talking about the games that are offered by Scientific Games online, then we have slot machines and other casino games which are available under brands like Bally, Barcrest and WMS. Generally, as the game loads you will see the Scientific Games logo present as well, alongside with that of the developer.
Looking at Bally, you will discover a couple of interesting releases, one of which is the slot dedicated to Michael Jackson. Others are titles like Lucky Tree, Cash Wizard or Lady Robin Hood.
Check out Barcrest next, and you will see a larger number of online slots that they released, among which I would recommend Hercules High & Mighty, the Monopoly series or Monty's Millions.
Finally, with WMS, another very old company in the gaming industry, you get slots like Buffalo Spirit, Elvis the King Lives or Heidi's Bier Haus.
Graphics
No matter what subsidiary of Scientific Games has worked on a game, I don't usually expect the highest standard when it comes to graphics quality. These are often slot machines designed with land-based gaming machines in mind, and for some reason most of the time this means a lower quality design. You don't get something ugly, don't get me wrong, but they're just not the most modern graphics.
Scientific Games Subsidiaries Vs
Features
Scientific Games Subsidiaries
There are multiple companies that we're talking about here, and so the range of the features available is quite big. There are the usual suspects, so you can rely on wilds, free spins, bonus games, multipliers or scatters, but from time to time you can expect some rare feature to be implemented as well.
Payouts
Scientific Games Subsidiaries Online
The range of the rewards that you can expect from their games is fairly large, but there are some gems on the higher end of that list. Among the slot machines that I've found RTP's of 98% or better, there are Sheik Yer Money, Ooh Aah Dracula, Monopoly Big Event and Moon Shadow.
