{"id":71,"date":"2024-06-13T06:23:33","date_gmt":"2024-06-13T03:23:33","guid":{"rendered":"https:\/\/funclubcasinonodepositbonus.icu\/2024\/06\/13\/private-equity-giants-eye-scientific-games-lottery-business\/"},"modified":"2024-06-17T13:21:33","modified_gmt":"2024-06-17T10:21:33","slug":"private-equity-giants-eye-scientific-games-lottery-business","status":"publish","type":"post","link":"https:\/\/funclubcasinonodepositbonus.icu\/2024\/06\/13\/private-equity-giants-eye-scientific-games-lottery-business\/","title":{"rendered":"Private Equity Giants Eye Scientific Games Lottery Business"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/aApv65-x4uA\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>Major financial news outlet, Bloomberg, is buzzing about a potential shakeup in the lottery sector!  Rumors are swirling that Scientific Games, a prominent lottery company, has attracted the attention of significant investors.  These aren&#8217;t just any investors, we&#8217;re talking about Brookfield Asset Management and Apollo Global Management, two private equity powerhouses known for their deep pockets. <\/p>\n<p>The whispers suggest they&#8217;re eyeing Scientific Games&#8217; worldwide lottery operations for a possible acquisition. Although no official statements have been made by the parties involved, sources indicate the interest is genuine. This development isn&#8217;t entirely unexpected, as Scientific Games has been exploring options for its lottery business for some time. They&#8217;ve engaged in discussions with various private equity groups and even contemplated an initial public offering in Australia earlier this week. That proposed IPO was estimated to be valued around $3 billion, but it appears a private transaction might be the more probable outcome.<\/p>\n<p>Naturally, nothing is finalized at this stage, and Scientific Games could ultimately choose to retain its lottery arm. Earlier this year, they expressed a desire to simplify their operations and decrease debt, even contemplating a merger to achieve those goals.  They&#8217;ve already divested their sports wagering division, OpenBet, to Endeavor Group Holdings for a tidy sum of $1.2 billion.  Therefore, it seems Scientific Games is prepared to make substantial changes!  Only time will tell how this latest situation unfolds. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Major financial news outlet, Bloomberg, is buzzing about a potential shakeup in the lottery sector! Rumors are swirling that Scientific Games, a prominent lottery company, has attracted the attention of significant investors. These aren&#8217;t just any investors, we&#8217;re talking about Brookfield Asset Management and Apollo Global Management, two private equity powerhouses known for their deep [&hellip;]<\/p>\n","protected":false},"author":81,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Scientific Games Lottery Business Attracts Private Equity Giants<\/title>\n<meta name=\"description\" content=\"Bloomberg reports that private equity firms Brookfield Asset Management and Apollo Global Management are interested in Scientific Games\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/funclubcasinonodepositbonus.icu\/2024\/06\/13\/private-equity-giants-eye-scientific-games-lottery-business\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Private Equity Giants Eye Scientific Games Lottery Business\" \/>\n<meta property=\"og:description\" content=\"Bloomberg reports that private equity firms Brookfield Asset Management and Apollo Global Management are interested in Scientific Games\" \/>\n<meta property=\"og:url\" content=\"https:\/\/funclubcasinonodepositbonus.icu\/2024\/06\/13\/private-equity-giants-eye-scientific-games-lottery-business\/\" \/>\n<meta property=\"og:site_name\" content=\"Experience the Ultimate in Casino Excitement | Licensed &amp; Secure\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-13T03:23:33+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-17T10:21:33+00:00\" \/>\n<meta name=\"author\" content=\"Kayden &quot;Kilo&quot; Hardin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Kayden &quot;Kilo&quot; Hardin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/funclubcasinonodepositbonus.icu\/2024\/06\/13\/private-equity-giants-eye-scientific-games-lottery-business\/\",\"url\":\"https:\/\/funclubcasinonodepositbonus.icu\/2024\/06\/13\/private-equity-giants-eye-scientific-games-lottery-business\/\",\"name\":\"Scientific Games Lottery Business Attracts Private Equity Giants\",\"isPartOf\":{\"@id\":\"https:\/\/funclubcasinonodepositbonus.icu\/#website\"},\"datePublished\":\"2024-06-13T03:23:33+00:00\",\"dateModified\":\"2024-06-17T10:21:33+00:00\",\"author\":{\"@id\":\"https:\/\/funclubcasinonodepositbonus.icu\/#\/schema\/person\/b41f3b9f3dc272c4b80c450e8b73711c\"},\"description\":\"Bloomberg reports that private equity firms Brookfield Asset Management and Apollo Global Management are interested in Scientific Games\",\"breadcrumb\":{\"@id\":\"https:\/\/funclubcasinonodepositbonus.icu\/2024\/06\/13\/private-equity-giants-eye-scientific-games-lottery-business\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/funclubcasinonodepositbonus.icu\/2024\/06\/13\/private-equity-giants-eye-scientific-games-lottery-business\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/funclubcasinonodepositbonus.icu\/2024\/06\/13\/private-equity-giants-eye-scientific-games-lottery-business\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/funclubcasinonodepositbonus.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Private Equity Giants Eye Scientific Games Lottery Business\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/funclubcasinonodepositbonus.icu\/#website\",\"url\":\"https:\/\/funclubcasinonodepositbonus.icu\/\",\"name\":\"Experience the Ultimate in Casino Excitement | Licensed &amp; Secure\",\"description\":\"Immerse yourself in the excitement of licensed online gambling through our up-to-date news, honest game reviews, and informative insights. 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