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SCIENTIFIC GAMES WITHDRAWS FROM ANALOGUE AWP SECTOR
1/21/2012 : Firm to focus solely on digital server-based gaming
A strategic review following its recent Barcrest acquisition has prompted Scientific Games Corporation (SGC) to exit from the analogue AWP manufacturing sector for UK pub retail business, it announced this week.
The firm's gaming division which comprises The Global Draw, Barcrest and Games Media will focus solely on game design and other resources within the digital server-based model for supply to the UK pub retail business.
SGC will streamline its Games Media digital supply business to fully capitalise on its Barcrest acquisition and will continue its work with leading pub operators in spearheading the transition of the pub retail sector to a digital supply model.
Ian Timmis, chief executive officer of Scientific Games’ Gaming division commented, “We remain fully committed to the pub retail sector and to the other areas of our business: LBO, arcade and bingo, international and interactive. This reorganisation will enable our business to focus on driving innovation, improving operational delivery and enhancing the profitability of all of our customers.
“These actions are also designed to give our customers confidence and certainty that we are committed to the long-term development of both our operations and their businesses. As an organisation, we are dedicated to further building upon the strong partnerships we enjoy with our customers and helping them to capitalise on the exciting opportunities and potential for improved profitability that digital server-based gaming has to offer.”
The move has been hailed by industry observers as the end of an era in the sector as Barcrest once stood at the pinnacle of AWP manufacture.
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PlaySugarHouse To Carry Konami Content -
Content provider Konami will provide its Gypsy Fire and Fortune Stacks slot games to Rush Street Interactive-operated PlaySugarHouse.com on an exclusive basis in the New Jersey real-money online and mobile wagering market.
ITF TERMINATES BETWAY SPONSORSHIP DEAL -
The International Tennis Federation (ITF) has reportedly terminated Betway’s three-year sponsorship partnership as an extension to their anti-match fixing and sports integrity policy.
GSA To Launch European division -
The expansion enables the GSA to better focus on the regional needs of its members outside of North America and underscores its recognition and commitment to growing European membership.
Paddy Power Trading Update -
Company prevails despite adverse sports and US election results; Trump success cost the group GBP 5 million, whilst punter successes took another GBP 40 million in Q4-2016.
Tabcorp SunBets project -
The details were revealed this week in an IT News article quoting Tabcorp's chief information officer, Kim Wenn, who described the SunBets project as Tabcorp's biggest global venture yet.
China Lottery Sales Up in 2016 -
The Chinese official news agency Xinghua reports that according to figures from the Ministry of Finance released Monday, Chinese lottery sales in 2016 rose 7.3 percent year-on-year to 394.64 billion yuan (about US$57.53 billion).
New chairman and a new director for 500.com -
Chinese online lottery operator 500.com has announced major executive changes to the company with the apparently amicable departure of director and chairman Man San Law, as well as director Weiguo Zhao from its board of directors, effective January 20, 2017.
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