Scientific Games Stock News

Gainers: SoFi Technologies SOFI +20%. Scientific Games Corp SGMS +10%

Scientific Games press release (SGMS): Q4 GAAP EPS of $0.58 beats by $0.49.Revenue of $580M (+20.8% Y/Y) beats by $21.21M.

Scientific Games (SGMS) has authorized a 3-year, $750M share repurchase program.CEO Barry Cottle noted that, "We see buy-backs at current share price levels as highly accretive…

LAS VEGAS--(BUSINESS WIRE)--Scientific Games Corporation (NASDAQ: SGMS) (“Scientific Games,” “SGC” or the “Company”) today reported results for the fourth quarter and fiscal year ended December 31, 2021. Jamie Odell, Executive Chair, stated, “from the outset we recognized the enormous opportunity to drive increased shareholder value through re-structuring the balance sheet, redefining the portfolio and becoming a sustainable growth company. We are already seeing the early stages of the strategy

Scientific Games (SGMS) delivered earnings and revenue surprises of 261.11% and 3.34%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Slot-machine and game developer Scientific Games Corp. said it plans to rebrand as Light & Wonder Inc. after the company shed its lottery and sports-betting businesses to focus on content for casino

NEW YORK , March 1, 2022 /PRNewswire/ -- Gaming companies are in the midst of an M&A race to fight for exclusivity, size, and financial potential. Large companies are spending millions to acquire smaller gaming companies and boost their outstanding existence in the industry. The speed at which big companies are buying up other big companies, in deals worth billions, seems to be accelerating. M&A activity generated $38 billion last year, driven by strategic investors like Take Two, Zynga, and EA. A few weeks ago, Microsoft acquired Activision for $68.7 billion , the largest acquisition in the history of gaming. The trend of gobbling up companies in the gaming industry is here to stay, with companies like Bragg Gaming Group (NASDAQ: BRAG ) (TSX: BRAG ), Take-Two Interactive Software (NASDAQ: TTWO ), Enthusiast Gaming Holdings (TSX: EGLX ) (NASDAQ: EGLX ), Scientific Games Corporation (NASDAQ: SGMS ), and MGM Resorts International (NYSE: MGM ) continuing to sign new deals to grow their share of the market.

Scientific Games (NASDAQ:SGMS) is scheduled to announce Q4 earnings results on Tuesday, March 1st, after market close.The consensus EPS Estimate is -$0.35 (+63.2% Y/Y) and the…

ManTech (MANT) delivered earnings and revenue surprises of 3.75% and 1%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

NEW YORK , Feb. 17, 2022 /PRNewswire/ -- According to a year-end data report released by the European Gaming and Betting Association (EGBA) in partnership with H2 Gambling Capital, online gambling revenue in Europe is expected to grow by 19% this year, to US$99.5 billion gross gaming revenue (GGR). The growth in Europe''s online gambling market is expected to continue and be accelerated by the pandemic. Indeed, online GGR is expected to grow by around 9% per year and reach 41% of total gambling revenue in Europe by 2026, up from 26% in 2019. In addition, we see a fast increase in mobile gaming usage among consumers. Maarten Haijer, Secretary General, EGBA said that there is still significant scope for online development in markets such as France , Germany , Italy and Spain , where the online share of the total gambling market is still relatively small despite the online markets in these countries being relatively mature. Bragg Gaming Group (NASDAQ: BRAG ) (TSX: BRAG ), Penn National Gaming (NASDAQ: PENN ), Scientific Games Corporation (NASDAQ: SGMS ), Enthusiast Gaming Holdings Inc (NASDAQ: EGLX ) (TSX: EGLX ), and Bally''s Corporation (NYSE: BALY ) are companies playing in the online gambling sphere.

Scientific Games shows rising price performance, earning an upgrade to its IBD Relative Strength Rating from 67 to 81.

LAS VEGAS--(BUSINESS WIRE)--Scientific Games to Provide a Business Strategy Update and Report Fourth Quarter and Full Year 2021 Results on Tuesday, March 1, 2022

NEW YORK , Feb. 10, 2022 /PRNewswire/ -- Megadeals within the video gaming space over the last month confirm that content really is king. Technology giant Microsoft just announced the acquisition of Activision Blizzard (NASDAQ: ATVI ) for a whopping $68.7 billion , marking the biggest sale in video game history. The deal, which is far ahead of the takeover of Zynga by Take-Two for $12.7 billion , will make Microsoft Corporation (NASDAQ: MSFT ) the third-largest game company after Sony and Tencent . According to Microsoft CEO, gaming is the most dynamic and exciting category in entertainment and it''s creating exciting opportunities for companies like Bragg Gaming Group (NASDAQ: BRAG ) (TSX: BRAG ), Enthusiast Gaming Holdings (TSX: EGLX ) (NASDAQ: EGLX ), and Scientific Games Corporation (NASDAQ: SGMS ) who are focused on providing the growing market with world-class content. Global B2B iGaming technology and content specialist Bragg Gaming Group (NASDAQ: BRAG ) (TSX: BRAG ) is continuing to expand its reach across North America , Latin America and Europe .

Scientific Games announced the sale of its Lottery and Sports Betting businesses with an aim to raise $7 billion and de-lever the balance sheet as a part of its strategic plan. The company provides te

Stocks that traded heavily or had substantial price changes Thursday: Scientific Games Corp., up $5.57 to $67.75. The company withdrew its offer to buy the remaining 19% of