Scientific Games Corp (SGMS)
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Scientific Games Corp Profile
| Hotel & Resort REITs Industry | Real Estate Sector | Michael Chambrello CEO | NASDAQ (NGS) Exchange | 80874P109 CUSIP |
| US Country | 5,600 Employees | - Last Dividend | 26 Oct 1993 Last Split | - IPO Date |
Overview
Scientific Games Corporation, operating under the brand name Light & Wonder Inc., is a global leader in developing technology-based products, services, and content primarily for the gaming, lottery, social, and digital gaming industries. With a presence in both the United States and international markets, the company leverages its extensive portfolio and innovative capabilities to cater to a wide range of entertainment sectors. Initially incorporated as Majestic Corporation Limited in 1984 and headquartered in Las Vegas, Nevada, Light & Wonder Inc. has grown to become a pivotal player in the gaming and digital entertainment industry.
Products and Services
- Gaming Machines and Systems
- Game Content and Installation Services
- SciPlay Digital Games
- iGaming Solutions
- Software and Support Services
This includes the sale of new and used gaming machines, electronic table systems, video lottery terminals, conversion game kits, and spare parts. Light & Wonder also offers table products like shufflers and provides perpetual licenses to proprietary table games, catering to the needs of the traditional gaming industry.
The company supplies premium game content and installs and supports casino management systems. This encompasses ongoing hardware and software maintenance, upgrade services of customer casino management systems, and providing comprehensive solutions to licensed gaming entities.
Through its SciPlay segment, Light & Wonder develops and publishes entertaining digital games available on mobile and web platforms. This segment specializes in selling virtual items such as coins, chips, or bingo cards, enriching the player's experience in slot games, table games, or bingo.
The iGaming segment offers a robust suite of digital gaming content, including digital real-money gaming, distribution platforms, content, products, and services. It features the Open Platform System (OPS) that delivers extensive reporting and administrative functions, granting operators enhanced control over various aspects of digital gaming operations.
Light & Wonder provides a comprehensive range of services, including software design, development, licensing, maintenance, support services, and technology solutions. These services are designed to empower clients with cutting-edge tools and support, ensuring operational excellence across the board.
