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Sunday November 23 ,2014 :  BALLY - SCIENTIFIC GAMES MERGERS COMPLETED (Update)
Executive leadership team announced after completion of $5.1 billion merger.
Scientific Games Corporation announced Friday that it has completed the $5.1 billion merger with Bally Technologies. 
"Completing the Bally transaction brings together two exceptional organizations with a common culture of innovation and customer focus," said Gavin Isaacs, president and chief executive officer of Scientific Games.
"We are excited by the opportunities that will be created by combining each organization's core strengths in developing engaging gaming entertainment products, advanced technologies and systems, and providing value-added services to help our customers grow their revenues."
"Our mission is to become the premier gaming and lottery entertainment and technology company in the world by offering gaming and lottery operators a comprehensive and differentiated portfolio of high earning, player-appealing games and technology solutions," Isaacs continued.
"By leveraging our excellence in the development of imaginative gaming entertainment with value-added services, we seek to become the partner of choice for our gaming and lottery customers. Further, by pursuing continuous improvement in our business processes, we expect to enhance our margins, grow free cash flow to reduce our debt, and build long-term value for our stockholders."
Isaacs also announced the new executive leadership of the company, which will oversee an organisation comprising three operating units: Gaming, Lottery and Interactive.
In addition to president and CEO Gavin Isaacs and executive VP and CFO Scott Schweinfurth, the executive leadership team of Scientific Games will include:
Derik Mooberry, Group CEO, Gaming
Mooberry, with more than 20 years of gaming industry experience, was most recently Senior Vice President of Games, Table Game Products and Interactive Research & Development at Bally.  He also oversaw Bally's business in Mexico and South America.
Under Mooberry's leadership, the company's Gaming group will comprise the WMS, Bally, SHFL and Scientific Games gaming businesses that serve casino and other gaming operators worldwide.
James Kennedy, Group CEO, Lottery
Kennedy, with nearly 30 years of lottery industry experience, will continue to serve as Group Chief Executive, Lottery.  He previously served as President, Printed Products, and Chief Marketing Officer for the Company.
Kennedy will lead the Lottery group, which will comprise the existing Scientific Games lottery operations, including its Instant Products, Lottery Systems, Interactive Lottery and MDI businesses that serve lottery operators worldwide.
Jordan Levin, President, Interactive
Levin has served as Managing Director, Williams Interactive at Scientific Games since January 2014, having previously been Chief Operating Officer of Williams Interactive, a subsidiary of WMS Industries Inc. (acquired by Scientific Games in October 2013).  Prior to that he was WMS' Vice President of Business Development.
Levin heads up the Interactive group comprising the Scientific Games and Bally interactive social gaming operations, including Jackpot PartyTM Social Casino, Gold FishTM Social Slots, DragonplayTM Slots, and DragonplayTM Live Hold 'Em Poker, and the Williams Interactive, Bally and SHFL real-money online gaming businesses.
All three will report directly to Isaacs.
"Our new senior management team comprises some of the most accomplished executives in the gaming, lottery and interactive industries," said Isaacs.
"Our new organizational structure will focus on driving consistent and measurable progress on our goals of increasing profitable global growth and increasing free cash flow to pay down debt.

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Gambling News :

Phil Ivey Loses Borgata Casino - Phil Ivey has lost in his four-year legal tussle with the Borgata over baccarat winnings; on Friday a US federal judge ruled that he and a companion violated New Jersey state gambling regulations in the manner in which they won nearly $10 million playing at the Atlantic City casino.

NYX Gaming in deal with Endemol - "Endemol Shine’s IP will be a strong addition to the NYX portfolio of content and we look forward to working together to bring additional instantly recognizable brands to market.”

NEW CAMBODIAN GAMBLING LAWS - After more than two years of debate and drafting, Cambodia may be closing in on final agreement regarding its proposed gambling law changes.

Congress To Review US SportsBetting Restrictions - Did the American Gaming Association’s campaign influence the decision to take another look at the 1992 Professional and Amateur Sports Protection Act?

Playtech Acquires ECM Systems - Online gambling soiftware provider Playtech plc has announced the acquisition of a ninety percent stake in UK bingo software developer ECM Systems for a consideration of GBP 14.9 million.

Marks and Spencer store Manager steals to Gamblie Online - The Cambridge News reports that a 28-year-old manager of a Marks and Spencer store, Martin Trenor, has been jailed for three years for stealing GBP 254,538.11 in shop takings over the course of a year and spending it almost immediately at online gambling websites.

Chinese Gambling crackdown could damage high roller revenue - Fast-moving events this week have seen Australian media reports quoting hundreds of millions of dollars wagered by Chinese high rollers in Aussie land casinos, offset to some extent by Crown claims that this whale gambler" demographic generates only 12 percent of turnover.

EvenBet Open Face Chinese Poker - Open Face Chinese Poker online games provider EvenBet has reported that its Open Face Chinese Poker product is gaining traction with games recently integrated for desktop action at the Malta-licensed operational site Poker Grant.

PartyPoker Millions tournament guarantee Now GBP 6 million - Online poker operator PartyPoker announced Thursday that it is to boost its PartyPoker Millions tournament guarantee by a million sterling to GBP 6 million, claiming it is now the biggest prize pool guarantee in European poker history.

2016 EPT Malta - The European Poker Tour is off to a good start in Malta, with German pro Dietrich Fast claiming a well-earned Euro 174,000 main prize in the Euro 10,000 buy-in Single-Entry Rebuy event.

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