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	<title>Stock Blog Hub &#187; Scientific Games Corporation</title>
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		<title>(SGMS) Scientific Games Extends Contract with Georgia Lottery Corporation</title>
		<link>http://www.stockbloghub.com/2011/06/22/sgms-scientific-games-extends-contract-with-georgia-lottery-corporation/76931</link>
		<comments>http://www.stockbloghub.com/2011/06/22/sgms-scientific-games-extends-contract-with-georgia-lottery-corporation/76931#comments</comments>
		<pubDate>Wed, 22 Jun 2011 17:00:55 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Diversified Computer Systems]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[IGT]]></category>
		<category><![CDATA[International Game Technology]]></category>
		<category><![CDATA[Scientific Games Corporation]]></category>
		<category><![CDATA[SGMS]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=76931</guid>
		<description><![CDATA[Scientific Games Corp. (SGMS) recently signed a five-year contract extension agreement with Georgia Lottery Corporation. Under the terms of the contract, Scientific Games will serve as the primary vendor supplying instant tickets and related services including game design, marketing, warehousing and distribution up to 2018. Scientific Games will continue to generate revenues based on a percentage of instant ticket retail sales. In fiscal 2010, Georgia Lottery Corporation generated over $3.6 billion in retail sales, of which $2.4 billion were derived from instant ticket game sales. Instant ticket sales have been a steady revenue stream for Scientific Games over the last few quarters. At the end of fiscal 2010, Scientific Games was the leading supplier of instant tickets and related services to more than 35 US states. In the first quarter ]]></description>
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		<title>(AIG) Company News for May 12, 2011 &#8211; Corporate Summary</title>
		<link>http://www.stockbloghub.com/2011/05/12/aig-company-news-for-may-12-2011-corporate-summary/73928</link>
		<comments>http://www.stockbloghub.com/2011/05/12/aig-company-news-for-may-12-2011-corporate-summary/73928#comments</comments>
		<pubDate>Thu, 12 May 2011 15:10:00 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
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		<category><![CDATA[Scientific Games Corporation]]></category>
		<category><![CDATA[SGMS]]></category>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=73928</guid>
		<description><![CDATA[•    Shares of Ener1, Inc. (NASDAQ:HEV) plunged by 27.35%, after the company reported a large first-quarter net loss this week. Ener1 Inc. was also downgraded by Wunderlich Securities from &#8220;Hold&#8221; to &#8220;Sell&#8221; and its price target was reduced from $3.50 to $1.00 •    Global and federal government insurer American International Group, Inc (NYSE:AIG) revealed in a regulatory filing that they would sell 300 million shares to the public •    Strong earnings results that grew more than three times in the first quarter helped share prices of the pipeline maker Northwest Pipe Co (NASDAQ:NWPX) surge 6.40% to close at $24.45 •    Internet portal Yahoo! Inc (NASDAQ:YHOO) reported that Alibaba Group has transferred ownership of its online payments business to an entity controlled by the CEO of Alibaba. Reacting to the news, ]]></description>
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		<item>
		<title>(IGT) International Game Technology Signs New Credit Facility</title>
		<link>http://www.stockbloghub.com/2011/04/25/igt-international-game-technology-signs-new-credit-facility/71940</link>
		<comments>http://www.stockbloghub.com/2011/04/25/igt-international-game-technology-signs-new-credit-facility/71940#comments</comments>
		<pubDate>Mon, 25 Apr 2011 15:25:10 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Diversified Computer Systems]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[IGT]]></category>
		<category><![CDATA[International Game Technology]]></category>
		<category><![CDATA[RBC]]></category>
		<category><![CDATA[Regal-Beloit Corporation]]></category>
		<category><![CDATA[Scientific Games Corporation]]></category>
		<category><![CDATA[SGMS]]></category>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=71940</guid>
		<description><![CDATA[A leading global designer, developer and manufacturer of gaming machines and systems products, International Game Technology (IGT) signed a new five-year credit facility with a syndicate of banks worth $750.0 million. The credit facility replaces IGT’s existing facility of $1.24 billion. It also carries a lower interest rate than the existing one. As of April 14, 2011, there were no outstanding borrowings under the existing credit facility. Initially, IGT will be charged a rate equal to LIBOR plus 122.5 basis points on borrowings and facility fee equal to 27.5 basis points, at the Baa2/BBB pricing level. Later, the facility fee and interest rate will be adjusted according to IGT’s debt rating of senior unsecured debt or Net Funded Debt to EBITDA, whichever is more favorable to the company. IGT expects ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(IGT) International Game Technology Partners with Scientific Games Corporation Subsidiary Global Draw</title>
		<link>http://www.stockbloghub.com/2010/08/11/igt-international-game-technology-partners-with-global-draw/47409</link>
		<comments>http://www.stockbloghub.com/2010/08/11/igt-international-game-technology-partners-with-global-draw/47409#comments</comments>
		<pubDate>Wed, 11 Aug 2010 14:49:28 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Diversified Computer Systems]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[Bally Technologies]]></category>
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		<category><![CDATA[IGT]]></category>
		<category><![CDATA[International Game Technology]]></category>
		<category><![CDATA[Scientific Games Corporation]]></category>
		<category><![CDATA[SGMS]]></category>
		<category><![CDATA[WMS]]></category>
		<category><![CDATA[WMS Industries Inc.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=47409</guid>
		<description><![CDATA[A wholly owned subsidiary of International Game Technology (IGT), Barcrest Group recently signed an agreement with United Kingdom based Global Draw, a wholly owned subsidiary of Scientific Games Corporation (SGMS). The agreement forms a strategic partnership between the two companies. Under the terms of the agreement, gaming machines manufactured by Global Draw will use Barcrest’s content. The gaming machines, more than 7600, will be installed in over 2100 Ladbrokes shops throughout the United Kingdom. Both the companies expect the partnership to be successful, particularly in the Licensed Betting Office (LBO) market. Barcrest currently supplies more than 7500 machines in this sector while Global Draw has more than 20,000 LBO terminals throughout the United Kingdom. We believe Global Draw has a huge market in the United Kingdom and this partnership will ]]></description>
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		</item>
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		<title>(SGMS) Scientific Games Corporation Announces New CEO</title>
		<link>http://www.stockbloghub.com/2010/03/09/sgms-scientific-games-corporation-announces-new-ceo/30129</link>
		<comments>http://www.stockbloghub.com/2010/03/09/sgms-scientific-games-corporation-announces-new-ceo/30129#comments</comments>
		<pubDate>Tue, 09 Mar 2010 16:10:04 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Diversified Computer Systems]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[Scientific Games Corporation]]></category>
		<category><![CDATA[SGMS]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=30129</guid>
		<description><![CDATA[Scientific Games Corporation (SGMS) has announced that Ian Timmis will assume the role of Chief Executive Officer (CEO) of its wholly owned subsidiaries ? Global Draw Ltd. and Games Media ? effective March 8, 2010. Mr. Timmis will report to Steve Frater who will continue in his role as Executive Chairman. Mr. Timmis had previously held the position of Group General Manager, Corporate Development, at Aristocrat Leisure in Australia and played a key role in developing long term strategies including re-engineering Aristocrat&#8217;s supply chain, extending its product range and completing a number of significant acquisitions. Scientific Games said that Mr. Timmis will help drive growth in the Global Draw and Games Media segments. He will also support the development of U.K. gaming firms and drive international growth. As Chief Executive, ]]></description>
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		<item>
		<title>(SGMS) Scientific Games Reports Quarterly Loss</title>
		<link>http://www.stockbloghub.com/2010/03/03/sgms-scientific-games-reports-quarterly-loss/29472</link>
		<comments>http://www.stockbloghub.com/2010/03/03/sgms-scientific-games-reports-quarterly-loss/29472#comments</comments>
		<pubDate>Wed, 03 Mar 2010 23:40:44 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Diversified Computer Systems]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[Scientific Games Corporation]]></category>
		<category><![CDATA[SGMS]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=29472</guid>
		<description><![CDATA[Scientific Games Corporation (SGMS) reported a loss for the fourth quarter of 2009 versus the analysts’ expectations of a profit, primarily hurt by lower instant ticket and service revenue, which caused the shares to slide after the company released its results. Shares fell 8.11% (or $1.37) and closed at $15.52. One-time accounting charges related to write-down of assets associated with the sale of its Racing and Venue Management businesses, the non-cash impairment of certain Lottery Systems contracts and transaction and restructuring-related expenses reduced its profits by $45.2 million or 49 cents in the quarter. Earnings, excluding the impact of one-time items, were a loss of 5 cents per share, versus a profit of 18 cents per share reported in the year-ago quarter. This was significantly down from the Zacks Consensus ]]></description>
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		<title>(SGMS) Scientific Games Corporation Divests Racing Division</title>
		<link>http://www.stockbloghub.com/2010/02/16/sgms-scientific-games-corporation-divests-racing-division/28168</link>
		<comments>http://www.stockbloghub.com/2010/02/16/sgms-scientific-games-corporation-divests-racing-division/28168#comments</comments>
		<pubDate>Wed, 17 Feb 2010 00:43:46 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Diversified Computer Systems]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[Scientific Games Corporation]]></category>
		<category><![CDATA[SGMS]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=28168</guid>
		<description><![CDATA[Earlier this month, Scientific Games Corporation (SGMS) announced the sale of its Racing and Venue Management businesses (Scientific Games Racing) to Sportech, a U.K.-based gaming company for approximately $83 million in a cash and stock deal. Investors continue to view the divestiture positively, which resulted in buoyant prices since the company made the announcement. Shares were up 4.17% on Friday alone, closing at $15.25. Scientific Games is a global IT systems and services company that provides instant ticket and online lottery products, systems and services to lottery authorities and gaming markets worldwide. Under the agreement, Scientific Games will receive $65 million upfront ($33 million in cash and $32 million in Sportech shares, representing approximately 20% of the outstanding shares) followed by $10 million in deferred cash consideration payable on Sept. ]]></description>
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		<item>
		<title>(SGMS) Scientific Games Corporation Big In Germany</title>
		<link>http://www.stockbloghub.com/2010/01/18/sgms-scientific-games-corporation-big-in-germany/25214</link>
		<comments>http://www.stockbloghub.com/2010/01/18/sgms-scientific-games-corporation-big-in-germany/25214#comments</comments>
		<pubDate>Tue, 19 Jan 2010 00:25:52 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Diversified Computer Systems]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[Scientific Games Corporation]]></category>
		<category><![CDATA[SGMS]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=25214</guid>
		<description><![CDATA[Scientific Games Corporation (SGMS) announced that it has been awarded a five-year contract by the Sachsische LOTTO-GmbH in the German state of Saxony to supply instant tickets and cooperative services. The contract begins from January 2010. Scientific Games will be the exclusive supplier of instant tickets and will be also provide consulting services such as marketing support, training and production related matters to Saxony. Scientific Games continues to grow through international development activities, especially in Germany and China. In Germany, the company runs 20 active Deal or No Deal games and instant ticketing with 6,000 retailers. In 2008, the company signed four new contracts in Germany to provide pari-mutuel wagering systems, terminals and services. The agreement with Sachsische LOTTO is the sixth cooperative services contract that Scientific Games has won ]]></description>
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		</item>
		<item>
		<title>(SGMS) Scientific Games Corporation&#8217;s Stock Takes Hits</title>
		<link>http://www.stockbloghub.com/2009/10/28/sgms-scientific-games-corporations-stock-takes-hits/19143</link>
		<comments>http://www.stockbloghub.com/2009/10/28/sgms-scientific-games-corporations-stock-takes-hits/19143#comments</comments>
		<pubDate>Thu, 29 Oct 2009 04:39:32 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Diversified Computer Systems]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[Scientific Games Corporation]]></category>
		<category><![CDATA[SGMS]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=19143</guid>
		<description><![CDATA[Shares of Scientific Games Corporation (SGMS) fell 21.8% and closed at $13.85 after the company released its third quarter results. Management Changes The company announced the retirement of Mr. Joseph R. Wright from the post of CEO at year-end, although he will continue on the board. Mr. Michael R. Chambrello was named the new CEO. This news affected the company’s stock price negatively. Results Analysis Earnings, excluding the impact of one-time items, were 24 cents per share, down 25% from 32 cents per share reported in the year-ago quarter. However, earnings beat the Zacks Consensus estimate of 18 cents per share. Earnings benefited from a lower tax expense and lower non-cash deferred financing fees, offset by higher interest expense. Net operating revenues declined 18.1% year-over-year to $239.1 million, driven by ]]></description>
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