Relative Strength Index (RSI)
|Bid||15.25 x 800|
|Ask||15.80 x 900|
|Day's Range||15.24 - 16.10|
|52 Week Range||3.76 - 31.63|
|Beta (5Y Monthly)||2.46|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jul 30, 2020 - Aug 03, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||23.61|
Scientific Games Corporation (NASDAQ: SGMS) ("Scientific Games" or the "Company") today announced that its 2020 Annual Meeting of Stockholders (the "Annual Meeting") has been changed to a virtual meeting format due to public meeting restrictions and continued health concerns related to the COVID-19 pandemic. As previously announced, the Annual Meeting will be held on Wednesday, June 10, 2020 at 10:00 a.m. (Pacific Daylight Time), but stockholders will only be able to access the Annual Meeting virtually. The Company has designed the format of the virtual Annual Meeting to ensure that stockholders are afforded the same rights and opportunities to participate as they would at an in-person meeting, using online tools to ensure stockholder access and participation. More information about the online Annual Meeting is provided below.
Scientific Games Corporation (NASDAQ: SGMS) ("Scientific Games" or the "Company") is unveiling a suite of contactless gaming solutions that will aid casino operators in their quest to keep their players and team members safe while maintaining a fun atmosphere.
Scientific Games Corporation (NASDAQ: SGMS) ("Scientific Games" or the "Company") today announced that Michael Eklund will become its Chief Financial Officer on June 1, 2020. Mike Eklund spent more than 20 years at Dell Technologies in both financial and operational roles, including leading the value creation and integration function for the $67 billion Dell-EMC combination and serving as chief financial officer of Dell's $40 billion-plus Client Solutions Business Unit and Global Operations organization. Most recently, he has served as CFO of IRI, a global leader in innovative data and analytic solutions and services for consumer, retail and media companies. Michael Quartieri will remain full time with the Company until June 30, 2020 and will serve in a consulting role through December 31, 2020.
Scientific Games Corporation (NASDAQ: SGMS) ("Scientific Games" or the "Company") congratulates the Pennsylvania Lottery (or the "Lottery") on the most commercially successful iLottery online/mobile launch in North America to date as total sales for the popular digital lottery games hit the $1 billion mark shortly before the program's two-year anniversary. Significantly surpassing any previous North American iLottery launch in history, the program launched and managed by Scientific Games is also on track to top $1 billion in sales annually.
Scientific Games Corporation (NASDAQ: SGMS) ("Scientific Games" or the "Company") was awarded a new, three-year contract to provide instant games to LOTTO Thüringen (the "Lottery") in central Germany. The Company won the contract, which may be extended one additional year, following a competitive procurement process based on its value added products and services including digital instant games, or 'eInstants', which the Lottery plans to launch in 2021.
Scientific Games' (SGMS) first-quarter 2020 results reflect decreased Lottery and Gaming revenues due to casino lockdowns and lower machine unit sales as a result of the coronavirus outbreak.
Image source: The Motley Fool. Scientific Games (NASDAQ: SGMS)Q1 2020 Earnings CallMay 11, 2020, 4:15 p.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGood afternoon.
Scientific Games (SGMS) delivered earnings and revenue surprises of 68.75% and -7.14%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
Scientific Games Corporation (NASDAQ: SGMS) (the "Company") announced today it will release results for its first quarter ended March 31, 2020 on Monday, May 11, 2020, after market close. The Company will host an investor conference call and simultaneous webcast that day at 4:15 p.m. Eastern Time to discuss these results. Analysts and investors on the conference call will have an opportunity to ask questions.
Scientific Games Corporation (NASDAQ: SGMS) ("Scientific Games" or the "Company") announced that the Missouri Lottery (the "Lottery") extended its existing contract for one additional year. The Company will continue serving as the Lottery's primary instant game provider through June 30, 2021. As the world's largest supplier of lottery instant games, Scientific Games currently creates and manufactures 90% of the Missouri Lottery's Scratchers. The Missouri Lottery is ranked among the Top 20 lotteries in the world (FY2019 per capita sales, La Fleur's Almanac).
Scientific Games (SGMS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Scientific Games Corporation's (NASDAQ:SGMS): Scientific Games Corporation develops technology-based products and...
Scientific Games Corporation (NASDAQ: SGMS) ("Scientific Games" or the "Company") was awarded a new contract to provide instant Scratchers games to the Office of Lottery and Gaming ("DC Lottery") to help generate maximum profits directly benefiting the residents and economic vitality of the District of Columbia. The one-year contract may be extended by the Lottery for up to four years. Scientific Games has provided innovative Scratchers game entertainment to the District of Columbia since the DC Lottery launched in 1982.
Scientific Games Corporation (NASDAQ: SGMS) ("Scientific Games" or the "Company") announced today that Rich Schneider will join The Company in mid-2021 as Chief Product Officer.
Scientific Games Corporation (NASDAQ: SGMS) ("Scientific Games" or the "Company") won a new, six-year contract from the South Carolina Education Lottery (the "Lottery") for its performance-focused Scientific Games Enhanced Partnership (SGEP) program to responsibly drive maximum profits for educational programs in the state. The Company, which is the primary provider to 10 of the Top 10 performing lotteries in the world, has designed and manufactured every instant game sold in South Carolina since the Lottery launched in 2002, propelling it to the No. 3 ranked instant game lottery in the world (FY2019 per capita sales, La Fleur's Almanac). To date, instant games represent nearly $4 billion in Lottery contributions to education in South Carolina.
Scientific Games Corporation (NASDAQ: SGMS) ("Scientific Games" or the "Company") today stated that it has a strong liquidity position and has already cut more than $100 million in quarterly costs. The company has drawn approximately $480 million under its Revolving Credit Facilities to give it maximum flexibility during these difficult times. The Company believes that the proceeds from these borrowings, when combined with cash on hand (which was approximately $200 million as of March 31, 2020), allow it to take advantage of opportunities to strengthen the business as the industry begins to recover. SciPlay, in which the Company has an 82% interest, also has a strong liquidity position with cash on hand of approximately $130 million as of March 31, 2020, no outstanding debt and $150 million available under its Revolving Credit Facility.
Scientific Games (SGMS) extends five-year contract with Connecticut Lottery to become the state lottery's primary instant game provider.
Scientific Games Corporation (NASDAQ: SGMS) ("Scientific Games" or the "Company") was awarded a new, five-year contract to serve as the Connecticut Lottery Corporation's primary instant game provider. The agreement grows the company's instant game partnership with the Connecticut Lottery, increasing the percentage of its games in the Lottery's portfolio to the role of primary provider. The move to a primary provider is part of the Connecticut Lottery's strategic plan to maximize profits and contributions to the state's General Fund.
Scientific Games Corporation (NASDAQ: SGMS) ("Scientific Games" or the "Company") announces it won the Iowa Lottery's (the "Lottery) 10-year contract for a new statewide gaming system to serve the lottery and the 2,400 retail locations where Iowa Lottery games are sold. The Iowa Lottery Authority Board voted 5-0 to award Scientific Games the contract and begin negotiations immediately. The 10-year contract may be extended by the Lottery up to five additional years. The Iowa Lottery plans to flip the switch to the new gaming system in the summer of 2021.
Scientific Games (SGMS) is gaining traction from a growing partner base to snap up deals across SciPlay, lottery, iGaming and international businesses.
Rush Street Interactive (RSI) is excited to partner with Scientific Games to become the first online casino operator in Pennsylvania to premier the global entertainment company's fan favorite games on its BetRivers.com and PlaySugarHouse.com sites. The newly launched games include 88 Fortunes, which is the most popular slot game on the PlaySugarHouse.com online casino site in New Jersey, as well as a player favorite at Rivers Casinos in Philadelphia and Pittsburgh, along with Spartacus™, Starmania® and Mad Mad Monkey®.
Scientific Games Corporation (NASDAQ: SGMS) ("Scientific Games" or the "Company") has signed a new four-year systems technology agreement with long-time partner Staatliche Lotterieverwaltung ("LOTTO Bayern"), the state lottery of Bavaria in Munich, Germany. The Lottery may extend the contract up to five additional years. Scientific Games will migrate LOTTO Bayern's existing central gaming system to the Company's advanced, new SYMPHONY™ technology over the next year. SYMPHONY is Scientific Games' newest digital lottery business platform and games technology designed to support new channels and easily integrate third-party solutions through secure, open interfaces.