Scientific Games targeting accelerated spin-off of sports betting and lottery businesses

Supplier says strategic review plans are “well advanced” with decision on future of divisions expected imminently

Scientific Games executives have revealed they are “very well advanced” regarding the planned separation of the sports betting and lottery businesses from the main group as part of a strategic review of the company. Speaking at a conference call discussing the review, chief financial officer Mike Eklund acknowledged Scientific Games was targeting a sale of…

Lottery | M&A | Online Gaming | Scientific Games | SPAC | Sports betting