DA Davidson Downgrades SciPlay Corp. (SCPL) to Neutral
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August 8, 2023 4:10 PM EDT
Achieved Record Revenue with 19% Growth Year-Over-Year and Strong Operating Cash Flows of $60 Million
Continued Market Leading Growth in the Social Casino Market
LAS VEGAS--(BUSINESS WIRE)--
SciPlay Corporation (NASDAQ: SCPL) (SciPlay or the Company) today reported results for the second quarter ended June 30, 2023.
In the second quarter of 2023, SciPlay achieved record revenue for the fourth consecutive quarter. SciPlay has added meaningful gains in market share while continuing its track record of outpacing the performance of the overall social casino market for the sixth consecutive quarter.... More
August 8, 2023 4:05 PM EDT
Transaction Unifies L&Ws Businesses and Balance Sheet, Accelerates L&Ws Cross-Platform Strategy and Optimizes Investment of Capital
SciPlay Shareholders to Receive $22.95 Per Share
LAS VEGAS--(BUSINESS WIRE)--
Light & Wonder, Inc. (NASDAQ and ASX: LNW) (Light & Wonder or L&W) and SciPlay Corporation (NASDAQ: SCPL) (SciPlay) today announced that they have entered into a definitive agreement under which Light & Wonder will acquire the remaining approximately 17% equity interest in SciPlay that it does not currently own for $22.95 per share in an all-cash... More
