Scientific Games Announces Intent to Purchase The Global Draw
Scientific Games Corporation announced today that it has signed a letter of intent to purchase The Global Draw, Ltd. and certain related companies. In the United Kingdom, Global Draw is a leading supplier of fixed odds betting terminals and systems, and interactive sports betting systems.
Related Sports Betting News:
- Scientific Games buys Global Draw
- Scientific Games subsidiary incurs software fines
- Scientific Games to Buy British Betting Systems Company Global Draw for $183 Million, Plus Earnout
- Chief Executive Role Announced To Support Development of UK Gaming Firms and Drive International Growth
- Scientific Games Successfully Renews Key Supply Agreement with Gala Coral
- Scientific Games Awarded Contract With Ladbrokes
- Scientific Games Announces Cash Tender Offer for its 0.75% Convertible Senior Subordinated Debentures
- Scientific Games Signs 5-Year Deal
- Scientific Games Announces Strategic Transaction for its Racing Division
- Scientific Games Awarded Kentucky Lottery Primary Instant Ticket Contract
- Scientific Games Announces Proposed Private Offering of $125 Million of Senior Subordinated Notes due 2019
- Scientific Games Announces Pricing of $125 Million of 9.25% Senior Subordinated Notes Due 2019
Interesting gambling information:
- In 1980, the American Psychological Association included pathological gambling in their Diagnostic and Statistical Manual of Mental Disorders, Third Edition (DSM-III).
- The first recorded betting games were played with marked disks or bones (the forerunners of dice), and spinning wheels or shields.
- One of the oldest casinos in Europe, at Baden Baden in Germany, was opened in 1748 by Edouard Benazet, who employed Parisian craftsmen to design the stylish rooms.
- Indian tribes have used their position as sovereign entities to develop a number of gaming establishments. Indian casinos operate in 22 states. This number is expected to grow.
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