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Scientific Games Announces Acquisition of Don Best Sports

George Miller

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Scientific Games Announces Acquisition of Don Best Sports
Reading Time: 4 minutes

 

Leveraging Don Best’s leading global, real-time sports betting data adds to SG’s unrivaled one-stop shop sports betting solution

 

Scientific Games Corporation (NASDAQ: SGMS) (“Scientific Games” or the “Company”) announced today that it has entered into an agreement to acquire Don Best Sports Corporation and DBS Canada Corporation (together, “Don Best”), a leading global supplier of real-time betting data and pricing for North American sporting events. The deal will expand Scientific Games’ B2B sports betting offerings and add powerful new capabilities to the company’s one-stop shop for sportsbook solutions.

Don Best’s trading platforms and expertise, combined with Scientific Games’ global leading OpenBet™ platform, further enhance Scientific Games’ world-class sports betting solution for the expanding U.S. market and beyond. Subject to customary conditions to closing, the deal is estimated to close in the fourth quarter of 2018.

A trusted provider and recognized industry brand, Don Best boasts more than 20 years of experience in the sports betting space. Their expertise enables them to determine proper betting lines, track more than 100 worldwide sportsbook operators and provide tailored content solutions to meet the needs of sportsbook operators. Upon closing of the acquisition, Don Best will become part of Scientific Games’ SG Digital division. The combination will bring top-tier European sportsbook operating experience together with the leading U.S. sports trading, data and pricing platform. The Don Best team, in tandem with SG Digital’s recently announced Sportsbook Operations team, will also power growth for the Company’s customers worldwide by smoothly combining day-to-day sportsbook logistics with state-of-the-art trading technology.

Barry Cottle, President and Chief Executive Officer of Scientific Games, emphasizes the positive impact of the announcement of the upcoming acquisition: “When it comes to sports betting, we’ve been moving at incredible speed, and the Don Best acquisition will add to our unrivaled B2B one-stop shop sports betting solution, already live in Delaware, New Jersey and Mississippi. As the leading global supplier of real-time betting data and pricing for the North American sports market, Don Best will bring their unparalleled proprietary pricing services to Scientific Games. As sports betting rapidly gains popularity in the U.S., we’re ready to help our customers capitalize on the new U.S. market while solidifying our long-held leading global position.”

Keith O’Loughlin, SVP Sportsbook for SG Digital, said, “The impending acquisition of Don Best will be a huge win for us and all of our stakeholders. Don Best already seamlessly integrates into our OpenBet platform, so they will be able to hit the ground running and guide our customers through the process of launching a sportsbook after the deal closes. Moreover, upon completion of the acquisition, our customers will immediately benefit from their expertise and firm grip on real-time trading and the data that drives it. With Don Best’s talented employee-base on board, we’ll use our global platforms and services to harness customer input and tailor our technology locally to meet their needs. This opportunity will enhance our market position in the U.S. while ramping up our partner relationships in more tested jurisdictions. It’s a true win-win.”

© 2018 Scientific Games Corporation.  All Rights Reserved.

 

About Scientific Games
Scientific Games Corporation (NASDAQ: SGMS) is the global leader in technology-based gaming systems, table games, table products and instant games and a leader in products, services and content for gaming, lottery and interactive gaming markets. Scientific Games delivers what customers and players value most: trusted security, creative content, operating efficiencies and innovative technology. Today, we offer customers a fully integrated portfolio of technology platforms, robust systems, engaging content and unrivaled professional services.

 

Forward-Looking Statements
This press release includes “forward-looking statements” and “forward-looking information” (collectively “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,” “estimate,” “should,” “could,” “potential,” “opportunity,” or similar terminology. These statements are based upon management’s current expectations, beliefs, assumptions and estimates and are not guarantees of timing, future results or performance. Similarly, statements herein that describe the proposed transaction, including its financial impact, and other statements of management’s expectations, beliefs, assumptions, estimates and goals regarding the proposed transaction are forward-looking statements. It is uncertain whether any of the events or results anticipated by the forward-looking statements (including consummation of the proposed transaction) will transpire or occur, or if any of them do, what impact they will have on Scientific Games. These forward-looking statements involve certain risks and uncertainties and other factors that could cause actual results to differ materially from those indicated in such forward-looking statements, including but not limited to: uncertainties as to the timing of the consummation of the proposed transaction and the ability of the parties to consummate the proposed transaction; the satisfaction of the conditions precedent to consummation of the proposed transaction; responses to the proposed transaction; unexpected costs, charges or expenses resulting from the proposed transaction; the ability of Scientific Games to integrate Don Best’s business; the ability of Scientific Games to implement its plans and other expectations with respect to Don Best’s business after the completion of the transaction; and the other risks, uncertainties and important factors contained and identified (including under the heading “Risk Factors”) in Scientific Games’ filings with the Securities and Exchange Commission, any of which could cause actual results to differ materially from the forward-looking statements. The forward-looking statements included in this press release are made only as of the date hereof and, except for Scientific Games’ ongoing obligations under applicable securities laws, Scientific Games undertakes no obligation to update any forward-looking statements whether as a result of new information, future events or otherwise. Readers are cautioned not to place undue reliance on any of these forward-looking statements.

 

Source: Scientific Games Corporation

 

George Miller started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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Great Canadian Gaming Corporation Announces the Name of New Gaming Property as Pickering Casino Resort

Niji Narayan

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Photo source: bestcasinoscanada.com
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Great Canadian Gaming Corporation (Great Canadian) has named the world-class gaming and entertainment destination located in Pickering, Ontario as Pickering Casino Resort. The resort will be a draw for all who enjoy exceptional service, thrilling gaming options, live entertainment and diverse dining experiences.

“While we have so much more to develop and construct, being able to share the brand name of the resort with the community is an exciting next step for us,” Tyrone Waite, General Manager of Pickering Casino Resort.

Construction of Pickering Casino Resort started last year and is projected to open in two phases. The first phase is slated to open in early 2020 and will feature a number of gaming and dining options. The second phase will include a full scope of entertainment amenities and hotel offerings.

“We will now be concentrating on hosting career fairs and seeking local talent to join our team. We are looking for people who have exceptional guest service skills and are willing to learn and grow with the company. We have great training programs that will equip our team members with the right skill set and set them up for future success,” Waite said.

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Canada

Gateway Becomes the Official Casino Partner of NFL in Canada

Niji Narayan

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Photo source: theontarioherald.com
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Gateway Casinos and Entertainment Limited (Gateway) has signed an agreement to become the Official National Land-Based Casino Partner of the NFL in Canada. Gateway’s signature MATCH Eatery and Public House will be the exclusive presenting sponsor of the NFL Fantasy App.

As per the deal, Gateway can use NFL trademarks in Canada to promote their properties and activate around key NFL events including the NFL Draft, Pro Bowl and Super Bowl.

“We are thrilled to partner with the NFL in Canada as their first Canadian Land-Based Casino Partner. We know there are millions of football fans across Canada and to be able to offer exclusive, unique experiences to them at our properties is very exciting. This comes at such an exciting time as the NFL is celebrating 100 years of football this season and we look forward to celebrating with them as a new partner in Canada,” Carrie Kormos, Chief Marketing and Communications Officer at Gateway Casinos said.

“NFL Canada is truly proud to be working with Gateway to collaborate and help accelerate its business in Canada. Like the NFL and our players, Gateway sets itself apart in the market through unparalleled teamwork and commitment to excellence, which makes our new partnership so powerful in Canada,” David Thomson, the managing director of NFL Canada said.

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Canada

Inspired Signs Virtuals And Interactive Contract With Loto-Québec

George Miller

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Inspired Signs Virtuals And Interactive Contract With Loto-Québec
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Inspired Entertainment, Inc. today announced that it has signed a three-year contract with Société des casinos du Québec Inc (“Loto-Québec”) to provide its award-winning scheduled and on-demand Virtual Sports as well as its best-in-class Interactive casino content to Loto-Québec’s online gaming website, lotoquebec.com.  Inspired content will be enabled for players in Quebec in the third quarter of 2019.

This agreement will allow Loto-Québec to utilize content from Inspired’s popular portfolio of Interactive slots, table games and Virtual Sports on-demand content including Maximus Soldier of Rome™, Book of the Irish® and 1st Down™ Slots, which is the first slot title to include football virtual clips.

“Loto-Québec is a hugely successful corporation that we consider a key partner in our North American expansion strategy,” said Brooks Pierce, President and Chief Operating Officer of Inspired.  “They have been at the forefront of Canadian gaming and we are delighted to partner with them to offer Loto-Québec players something unique and different than what they already have access to.”

Shortly following the initial launch, Loto-Québec will deploy Inspired’s industry-leading Virtual Plug N Play™ solution, a complete end-to-end online scheduled Virtual Sports solution that allows operators to access Inspired’s award-wining scheduled Virtual games with minimal integration effort and rapid speed-to-market.  Plug N Play is a white label product and will be branded to meet Loto-Québec’s needs.

Claire Osborne, Vice President of Interactive for Inspired, added, “Loto-Québec’s online gaming site is high-performance, entertaining and enjoyable.  Given its extremely user-friendly interface, we believe our easy and seamless Plug N Play solution will fit in perfectly.”

Loto-Québec conducts and manages gambling in Quebec, including lottery, sports betting, casino, poker and bingo, through multiple channels of distribution. lotoquebec.com is Loto-Québec’s secure, regulated online and mobile channel, with a growing selection of lottery games, sports betting, casino, XP, poker and bingo entertainment.

“The addition of Inspired’s popular casino titles and a library of fresh on demand and scheduled Virtual Sports games boosts our portfolio and allows us to reach a wider audience,” said Julie Benoît, e-commerce General manager for Société des casinos du Québec (SCQ). “We’re excited to see continued growth as a result of this partnership.”

 

Source: Inspired Entertainment, Inc.

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