ParlayBoosters

Scientific Games Pares SG Lottery Australia IPO to $3B, Still 15x 2022 Fiscal EarningsWritten by: Todd Shriber

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

Scientific Games (NASDAQ:SGMS) is reportedly trimming the size of a Sydney initial public offering (IPO) for its SG Lottery arm to $3 billion, valuing it at roughly 15x fiscal 2022 earnings. Previous speculation mentioned the Las Vegas-based company could raise up to $5 billion. But sources familiar with the matter said a haircut is necessary.
The post Scientific Games Pares SG Lottery Australia IPO to $3B, Still 15x 2022 Fiscal Earnings 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

Generated by Feedzy