ParlayBoosters

Scientific Games Lottery Unit Could Be Valued at $6B in Australian IPOWritten by: Todd Shriber

Share on facebook
Share on google
Share on twitter
Share on linkedin

Scientific Games (NASDAQ:SGMS) is getting closer to an Australian initial public offering (IPO) of its SG Lottery unit, and the business could fetch a higher valuation than previously expected. Reports suggest SG Lottery will be valued at 15x earnings, potentially giving the lottery infrastructure enterprise a market capitalization of $6 billion. That’s well in excess
The post Scientific Games Lottery Unit Could Be Valued at $6B in Australian IPO appeared first on Casino.org.
Read More

News Desk

News Desk

Our news articles are carefully selected from the most prominent and reliable sources.

Leave a Reply

Sign up for our Newsletter

Click edit button to change this text. Lorem ipsum dolor sit amet, consectetur adipiscing elit