Stock News Buzz: Scientific Games Corp (NASDAQ: SGMS)

On Friday, Scientific Games Corp (NASDAQ: SGMS) has shown a downward moved of -1.84% and traded the recent trade at $20.81. The trading volume is recorded to 860762 shares as compared to average traded volume of 1022570 shares.

Scientific Games Corporation (SGMS) reported it has entered into an contract with SISAL S.p.A (“SISAL”), the operator of pari-mutuel games in Italy, for the exclusive supply of the Company’s recent generation WAVE™ retailer terminals

Scientific Games won a private, limited tender conducted by SISAL in preparation for a public tender to operate the next GNTN license tender, which SISAL was awarded September 18, 2019 as reported by regulator Agenzia delle Dogane e dei Monopoli. SISAL plans to install Scientific Games terminals throughout Italy in 2020.

As the largest provider of lottery systems technology in Europe, Scientific Games has provided lottery retail technology to SISAL since 1997, and in the last several years the Company has helped the operator expand its leadership in the Italian online gaming space.

Pat McHugh, Chief Executive Officer, Lottery for Scientific Games, stated, “This new contract with SISAL demonstrates the value of our award-winning retail products in one of the largest and most competitive markets. We are honored they chose us as their business partner. It also confirms that Scientific Games is on the right path to execute our global strategy to serve our gaming and lottery consumers across multiple gaming verticals.”

Scientific Games Corp (SGMS) stock’s market capitalization arrived at $ 1937840143 and total 93143000 outstanding shares. The stock has a 52-week highest price of $29.95 and its 52-week lowest price was called at $14.79. During last trade, its maximum trading price was registered $21.71 and it’s the minimum trading price was noted $20.44.

 

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