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Scientific Games Corporation
Scientific Games Corporation is a lottery and gaming technology supplier founded in 1973.
Scientific Games Corporation
Scientific Games was founded in 1973 and has grown through acquisitions into a supplier of lottery systems, instant tickets, slot machines, and digital gaming platforms. The company serves over 150 lotteries in 50 countries and provides casino content through its SG Gaming division and digital offerings via SciPlay. Its revenue model blends product sales of hardware like video lottery terminals and instant ticket printing with recurring service fees from lottery system management and digital game commissions. Named operating subsidiaries include SciPlay, which develops social casino games like Jackpot Party and Quick Hit Slots. The company has undergone restructuring, emerging from Chapter 11 bankruptcy in 2023 with reduced debt (per public filings, 2023). As of 2024, it operates with a focus on technology modernization and content expansion across North America, Europe, and Asia. Scientific Games differs from typical family offices or investment firms in that it is a publicly traded operating company — it leverages its technology platform and content library to generate cash flows, rather than deploying capital as a principal investor.
General information
Firm type
other
Year founded
1973
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Las Vegas
Corporate office
Las Vegas, NV, United States
Sector focus
Frequently asked questions
How does Scientific Games generate revenue?
Scientific Games derives revenue through product sales of lottery terminals, instant ticket printing, slot machines, and digital gaming platforms, alongside recurring service fees from managed lottery systems and digital game commissions. The SciPlay segment contributes via social casino microtransactions (per public filings, 2023).
Is Scientific Games a family office or investment firm?
No. Scientific Games is a publicly traded operating company — a technology supplier to lotteries and casinos. It does not manage external capital or function as an investment manager. Its ownership structure has included institutional investors and, prior to restructuring, private equity.
What bankruptcy event did Scientific Games undergo?
Scientific Games filed for Chapter 11 bankruptcy in 2022 and emerged in May 2023, reducing its debt by about $1.2 billion and converting most existing equity to new shares (per SEC filings, 2023). The restructuring was aimed at strengthening its balance sheet.
Which markets does Scientific Games serve?
The company serves over 150 government-sponsored lotteries across more than 50 countries globally, plus commercial casino operators in North America and Europe. Key regions include North America, Europe, Asia-Pacific, and Latin America (per the firm's website).
What are the main subsidiaries of Scientific Games?
Scientific Games operates through several subsidiaries: SG Lottery for lottery systems, SG Gaming for casino slot machines and table games, and SciPlay for social casino games (per public filings). These units cover hardware, content, and digital distribution.
What is Scientific Games' ownership structure?
Scientific Games is publicly traded on the Nasdaq under the ticker LNW (after a 2022 name change to Light & Wonder for certain divisions, though the corporate entity remains Scientific Games). Major shareholders have included institutional investors like BlackRock, Vanguard, and prior to bankruptcy, private equity firm Cannae Holdings (per SEC filings, 2023).
Does Scientific Games invest in other companies?
Scientific Games primarily invests in internal R&D and acquisition of complementary technology and content assets, rather than acting as an external investor. Deal examples include the 2021 acquisition of the digital gaming platform SciPlay and the 2024 acquisition of the video bingo game developer (per public reports).
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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