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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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The Stars Group Recognized With Industry Honors

George Miller

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The Stars Group Recognized With Industry Honors
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The Stars Group today announced that its flagship poker brand and global online poker leader, PokerStars, and certain of its senior management have been recognized for management, operational excellence and innovation.

PokerStars won Poker Operator of the Year at the Gaming Intelligence Awards and Online Poker Operator of the Year at both the International Gaming Awards and the Global Gaming Awards. The Gaming Intelligence Awards honor operators based on results compiled by the industry media company from a panel of gaming industry experts. The International Gaming Awards are produced by Clever Duck Media, which publishes the iGaming Post online daily newspaper and the annual Women In Gaming Awards. The Global Gaming Awards are powered by Gambling Insider and a panel of 50 expert judges select winners with the process officially adjudicated by KPMG Isle of Man, to ensure fairness and transparency.

The awards ceremonies took place during the annual ICE Totally Gaming conference, which is considered the online gaming industry’s most important week with industry executives and regulators gathering in London for conferences, gala events and multiple industry award presentations.

Members of The Stars Group’s senior management were also selected by an independent panel of industry experts for inclusion into the Gaming Intelligence Hot 50, a list that recognizes some of the most innovative and inspiring individuals in the online gaming industry. The Stars Group’s Chief Executive Officer, Rafi Ashkenazi, Sky Betting & Gaming’s Chief Executive Officer, Ian Proctor, PokerStars Casino’s Director of Product, Innovation and Operations, Asaf Noifeld, and The Stars Group’s Senior Vice President of Strategy and Operations, USA, Matt Primeaux, were each selected to the annual list.

“I am extremely proud to see the industry recognize our company again this year. Each award we win is credit to our products but more importantly the people behind them,” said, Mr. Ashkenazi.

 

About The Stars Group:

The Stars Group is a provider of technology-based product offerings in the global gaming and interactive entertainment industries. Its brands have millions of registered customers globally and collectively are leaders in online and mobile betting, poker, casino and other gaming-related offerings. The Stars Group owns or licenses gaming and related consumer businesses and brands, including PokerStars, PokerStars Casino, BetStars, Full Tilt, BetEasy, Sky Bet, Sky Vegas, Sky Casino, Sky Bingo, and Sky Poker, as well as live poker tour and event brands, including the PokerStars Players No Limit Holdem Championship, European Poker Tour, PokerStars Caribbean Adventure, Latin American Poker Tour, Asia Pacific Poker Tour, PokerStars Festival and PokerStars MEGASTACK. The Stars Group is one of the world’s most licensed online gaming operators with its subsidiaries collectively holding licenses or approvals in 21 jurisdictions throughout the world, including in Europe, Australia, and the Americas. The Stars Group’s vision is to become the world’s favorite iGaming destination and its mission is to provide its customers with winning moments.

Cautionary Note Regarding Forward Looking Statements and Other Information

This news release may contain forward-looking statements and information within the meaning of applicable securities laws. Forward-looking statements can, but may not always, be identified by the use of words such as “anticipate”, “plan”, “continue”, “estimate”, “expect”, “may”, “will”, “intend”, “could”, “might”, “would”, “should”, “believe”, and similar references to future periods or the negatives of these words and expressions. These statements are based on management’s current expectations and are subject to a number of risks, uncertainties, and assumptions. There can be no assurance that actual results will not differ materially from those expressed or implied in forward-looking statements. Undue reliance should not be placed on forward-looking statements. Please refer to The Stars Group’s most recent annual information form and annual and interim financial statements and management’s discussion and analysis for more information about the factors, assumptions and risks that may apply to The Star’s Group’s forward-looking statements. Each forward-looking statement speaks only as of the date hereof, and The Stars Group undertakes no obligation to correct or update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by applicable law.

 

Source: The Stars Group

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Great Canadian Gaming to Report Fourth Quarter and Annual 2018 Results on March 5

George Miller

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Great Canadian Gaming to Report Fourth Quarter and Annual 2018 Results on March 5
Reading Time: 2 minutes

 

Great Canadian Gaming Corporation announced that it will release its financial results for the three month period (the “quarter”) and twelve month period (“2018”) ended December 31, 2018 after market close on March 5, 2019.  The Company will also host a conference call on that date at 2:00 PM Pacific, at which time management will both review the financial results and discuss the progress of the business.  The following senior management will be available to answer questions from analysts and institutional investors:

  • Mr. Rod N. Baker, President & Chief Executive Officer
  • Mr. Terrance Doyle, Chief Operating Officer

The fourth quarter and annual 2018 results press release, consolidated financial statements, management’s discussion and analysis, and annual information form will be available on the Company’s website, www.gcgaming.com, on March 5, 2019 after 1:10 PM Pacific.  This information will also be available on www.sedar.com shortly afterwards.

The conference call may be accessed via the Investor Relations section of the Company’s website, www.gcgaming.com.  The conference call may also be accessed by dialing 416-764-8688, 778-383-7413 or toll free at 1-888-390-0546.  Questions will be reserved for analysts and institutional investors.

Following completion of the call, a replay will be available via the Company’s website, www.gcgaming.com.

 

ABOUT GREAT CANADIAN GAMING CORPORATION:

Founded in 1982, Great Canadian Gaming Corporation is a BC based company that operates 28 gaming, entertainment and hospitality facilities in Ontario, British Columbia, New Brunswick, Nova Scotia, and Washington State. Fundamental to the Company’s culture is its commitment to social responsibility. “PROUD of our people, our business, our community” is Great Canadian’s brand that unifies the Company’s community, volunteering and social responsibility efforts. Under the PROUD program, Great Canadian annually invests over $2.5 million in our communities, and in 2017, over 1,900 charitable organizations were supported by Great Canadian. In each Canadian gaming jurisdiction, a significant portion of gross gaming revenue from gaming facilities is retained by our crown partners on behalf of their provincial government for the purpose of supporting programs like healthcare, education and social services.

 

Source: Great Canadian Gaming Corporation

 

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Unclaimed prizes – Loto-Québec is looking for four winners of $1,000,000

George Miller

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Unclaimed prizes - Loto-Québec is looking for four winners of $1,000,000
Photo Source: scoopnest.com
Reading Time: 2 minutes

 

Loto-Québec is asking for the media’s help in finding four million-dollar prize winners who have not claimed their prize several weeks after the draw. The winning tickets were purchased in GatineauTerrebonne, Brome-Missisquoi MRC and Greater Longueil.

In addition, two $500,000 prizes have also gone unclaimed. These winning tickets were purchased in the Québec City and Greater Longueil regions.

Other prizes worth $100,000 are also unclaimed. A complete list of these prizes is available in the Lotteries section of the website lotoquebec.com.

Unclaimed prizes worth $500,000 or more:

$1,000,000 at Québec 49
Administrative region: Outaouais (Gatineau)

Draw date: November 14, 2018
Prize category: 6/6 (shared jackpot)

Winning number: 03 12 27 31 39 43

Claim date limit: November 14, 2019

$1,000,000 at Lotto Max
Administrative region: Lanaudière (Terrebonne)

Draw date: October 26, 2018
Prize category: Maxmillions

Winning number: 02 04 12 24 28 44 47

Claim date limit: October 28, 2019

$1,000,000 at Lotto Max

Administrative region: Montérégie (Greater Longueuil)

Draw date: September 28, 2018
Prize category: Maxmillions

Winning combination: 03 17 21 23 36 37 42

Claim date limit: September 30, 2019

$1,000,000 at Lotto 6/49
Administrative region: Montérégie (Brome-Missisquoi MRC)

Draw date: September 12, 2018
Prize category: Guaranteed Prize

Winning number: 71803182-01

Claim date limit: September 12, 2019

$500,000 at Lotto Max

Administrative region: Capitale-Nationale (Québec City)

Draw date: November 30, 2018
Prize category: Maxmillions (shared)

Winning combination: 22 35 38 41 42 43 44

Claim date limit: December 2, 2019

$500,000 at Lotto Max

Administrative region: Montérégie (Greater Longueuil)

Draw date: June 1, 2018
Prize category: Maxmillions share

Winning combination: 08 21 25 31 47 48 49

Claim date limit: June 3, 2019

Unclaimed prizes: More information

  • Winners have 12 months to claim their prize.
  • Loto Québec systematically informs lottery ticket buyers when a prize of $100,000 or more has not been claimed.
  • A page listing unclaimed prizes worth $100,000 or more is displayed on Loto-Québec’s Lotteries website.
  • Press releases and social media posts may be issued.
  • Any unclaimed prizes are redistributed to players in the form of bonus prizes and special draws.

 

About Loto-Québec:
Loto-Québec’s mission is to responsibly and efficiently manage games of chance in a controlled and measured fashion, in the interest of all Quebecers. Entertainment is at the heart of its activities. In 2018, Loto-Québec paid out a record number of 139 prizes worth $1 million or more. Gagnant à vie! and Grande Vie lotteries have provided 22 lucky winners with a lifetime annuity. Our big prize winners can be found on the Lotteries website’s Winners page.

Lotteries site: loteries.lotoquebec.com

 

Source: Loto-Québec

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