LAS VEGAS, Nov. 1, 2018 /PRNewswire/ -- Scientific
Games Corporation (NASDAQ: SGMS) ("Scientific Games" or the
"Company") completed its previously announced acquisition of Don
Best Sports Corporation and DBS Canada Corporation (together, "Don
Best"), enhancing its sports betting portfolio and managed trading
services with real-time data and pricing resources. With the
addition of Don Best's trading and pricing expertise to its
OpenBet™ product suite, the Company provides an unmatched
comprehensive library of sportsbook technology.
The acquisition follows the successful formation and launch of
SG Digital's Sportsbook Operations service, which provides trading,
marketing, and product management services to customers. The Don
Best team will provide world-class betting and pricing services
along with valuable real-time event data solutions. Heading up the
team as Managing Director will be industry veteran
Benjie Cherniak. Benjie has
spent the past decade building the organization's highly regarded
sports information, live pricing, and data integrity divisions. A
leading voice in the emerging U.S. sports betting industry, Benjie
will report directly to Keith
O'Loughlin, SG Digital's SVP Sportsbook.
Barry Cottle, Chief Executive
Officer of Scientific Games, said, "Don Best's world-class sports
betting trading operation completes our full-service sports betting
solution and enhances our ability to provide customers with a
complete managed sportsbook. Don Best's
unrivalled pricing, trading and data services, combined with
our new marketing services and OpenBet, our global leading sports
betting technology platform, uniquely fortifies our position as the
world's leading sports betting provider, ready to help our
customers win in the emerging U.S. sports betting market and
beyond."
Benjie Cherniak, Managing
Director of Don Best, said, "We're joining the Scientific Games
team during a transformational time in the sports betting space,
and our offerings are the perfect complement to the Company's
already-strong portfolio of products and services. With our
specialized leadership, unmatched expertise in the North American
market, extensive knowledge of the region's most popular sports,
and leading trading capabilities, we will continue to augment our
partners' sports betting technology."
Keith O'Loughlin touches on the
immediate contributions Don Best will make to the SG Digital
portfolio: "When you put together a comprehensive sports offering,
it's important to capture every single customer need in the teams
you build. For us, Don Best is a perfect piece in the larger sports
betting puzzle, truly augmenting our comprehensive offering for
sportsbook operators. Don Best's trading platforms already
seamlessly integrate into our OpenBet product suite, so the
impact will be instantly beneficial. We're thrilled to welcome Don
Best to the SG Digital team and to continue improving our product
portfolio."
© 2018 Scientific Games Corporation. All Rights
Reserved.
About Scientific Games
Scientific Games Corporation
(NASDAQ: SGMS) is the global leader in technology-based gaming
systems, table games, table products and instant games and a leader
in products, services and content for gaming, lottery and
interactive gaming markets. Scientific Games delivers what
customers and players value most: trusted security, creative
content, operating efficiencies and innovative technology. Today,
we offer customers a fully integrated portfolio of technology
platforms, robust systems, engaging content and unrivaled
professional services. For more information, please visit
scientificgames.com.
Company Contacts:
Investor
Relations:
Scientific Games: Michael
Quartieri +1 702-532-7658
Executive Vice President and Chief Financial Officer
Michael.Quartieri@scientificgames.com
Media Relations:
Scientific Games: Susan Cartwright +1 702-532-7981
VP, Corporate Communications
susan.cartwright@scientificgames.com
Forward-Looking Statements
This press release includes
"forward-looking statements" and "forward-looking information"
(collectively "forward looking statements") within the meaning of
the U.S. Private Securities Litigation Reform Act of 1995.
Forward-looking statements describe future expectations, plans,
results or strategies and can often be identified by the use of
terminology such as "may," "will," "estimate," "intend," "plan,"
"continue," "believe," "expect," "anticipate," "estimate,"
"should," "could," "potential," "opportunity," or similar
terminology. These statements are based upon management's current
expectations, beliefs, assumptions and estimates and are not
guarantees of timing, future results or performance. Similarly,
statements herein that describe the transaction, including
statements of management's expectations, beliefs, assumptions,
estimates and goals regarding the transaction may be
forward-looking statements. These forward-looking statements
involve certain risks and uncertainties and other factors that
could cause actual results to differ materially from those
indicated in such forward-looking statements, including but not
limited to: the ability of Scientific Games to integrate Don Best's
business; the ability of Scientific Games to implement its plans
and other expectations with respect to Don Best's business; and the
other risks, uncertainties and important factors contained and
identified (including under the heading "Risk Factors") in
Scientific Games' filings with the Securities and Exchange
Commission, any of which could cause actual results to differ
materially from the forward-looking statements. The forward-looking
statements included in this press release are made only as of the
date hereof and, except for Scientific Games' ongoing obligations
under applicable securities laws, Scientific Games undertakes no
obligation to update any forward-looking statements whether as a
result of new information, future events or otherwise. Readers are
cautioned not to place undue reliance on any of these
forward-looking statements.
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SOURCE Scientific Games Corporation