Scientific Games Sells Off Its Remaining Sportech Shares

US gambling supply firm sells 39,742,179 shares for GBP 27.8 million

Fresh from it acquisition of WMS Industries (see previous InfoPowa reports), the US gambling supply company Scientific Games has announced that it has sold its remaining 39,742,179 shares in Sportech plc for gross cash proceeds of GBP 27.8 million.

The shares are being sold pursuant to Regulation S of the United States Securities Act of 1933, as amended, with settlement due to take place on January 14, 2014.

Online Casino News Courtesy of Infopowa

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The man with the plan here at Casinomeister. Bryan Bailey has been running Casinomeister since its launch in June of 1998. He has watched the industry grow from its primeval stage to what it is now. The Meister has attended nearly 100 conferences in the past 20 years and has either been a speaker or a panel moderator for at least 60 events. He has always been an advocate of fairness and reason and is known to like German beer, a good Scotch, and astrophography.
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