Tillkännagivande • Nov 03
SciPlay Corporation Files Form 15 SciPlay Corporation has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its Class A Common Stock under the Securities Exchange Act of 1934, as amended. The par value of the company's Class A Common Stock was $0.001 per share. Tillkännagivande • Oct 25
SciPlay Corporation Announces Board Changes SciPlay Corporation announced that on October 23, 2023 in connection with the consummation of the Merger and the other transactions contemplated by the Merger Agreement, the directors of the company ceased to be directors of the Company and James Sottile, a director of Merger Sub immediately prior to the consummation of the Merger, became the sole director of the Company. Tillkännagivande • Oct 24
Light & Wonder, Inc. (NasdaqGS:LNW) completed the acquisition of the remaining 17% stake of SciPlay Corporation (NasdaqGS:SCPL). Light & Wonder, Inc. (NasdaqGS:LNW) submitted a proposal to acquire the remaining 17% stake of SciPlay Corporation (NasdaqGS:SCPL) for approximately $110 million on May 18, 2023. Light & Wonder, Inc. (NasdaqGS:LNW) entered into a definitive agreement to acquire remaining 17% stake of SciPlay Corporation (NasdaqGS:SCPL) on August 8, 2023. As part of the consideration, SciPlay shareholders will receive $20 in cash for each share of SciPlay Class A common stock. As part of the definitive agreement, Light & Wonder, Inc. will acquire SciPlay for $22.95 per share in an all-cash transaction. Upon the close of the transaction, SciPlay would become a wholly-owned subsidiary of Light & Wonder.
The companies expect the transaction to close during the fourth quarter of 2023, subject to customary closing conditions. The transaction has been approved by the written consent of the holders of the requisite number of shares of common stock of SciPlay, such that no additional stockholder approval is required. The Transaction has been approved by the Board of Directors of Light & Wonder.
Macquarie Capital acted as financial advisor and fairness opinion provider and Robert I. Townsend III, J. Leonard Teti II, Matthew J. Bobby, Arian Mossanenzadeh and William D. Podurgiel of Cravath, Swaine & Moore acted as legal advisors to Light & Wonder, Inc. Lazard Freres & Co. LLC acted as financial advisor and fairness opinion provider to the special committee; and Sullivan & Cromwell LLP acted as legal counsel to SciPlay Corporation. Stuart Rogers of Alston & Bird represented Macquarie Capital (USA) Inc.as financial advisor. Light & Wonder agreed to pay Macquarie Capital a fee for its services of approximately $5,750,000, of which $1,250,000 became payable to Macquarie Capital upon the rendering of its opinion. Continental Stock Transfer & Trust Company, LLC acted as transfer agent for SciPlay.
Light & Wonder, Inc. (NasdaqGS:LNW) completed the acquisition of the remaining 17% stake of SciPlay Corporation (NasdaqGS:SCPL) on October 23, 2023. SciPlay will operate as a wholly-owned subsidiary of Light & Wonder, and SciPlay common stock will no longer be publicly traded on the Nasdaq Global Select Market. Reported Earnings • Aug 10
Second quarter 2023 earnings released: EPS: US$0.26 (vs US$0.23 in 2Q 2022) Second quarter 2023 results: EPS: US$0.26. Revenue: US$189.9m (up 19% from 2Q 2022). Net income: US$5.60m (down 1.8% from 2Q 2022). Profit margin: 2.9% (down from 3.6% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Entertainment industry in Germany. Board Change • Aug 10
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Executive Chairman Toni Korsanos was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • Jul 23
SciPlay Corporation to Report Q2, 2023 Results on Aug 08, 2023 SciPlay Corporation announced that they will report Q2, 2023 results After-Market on Aug 08, 2023 Tillkännagivande • Jul 06
SciPlay Corporation Announces Resignation of Constance P. James from Board of Directors, Effective as of August 25, 2023 SciPlay Corporation on June 27, 2023 announced the resignation of Constance P. James from the Board of Directors of the Company, effective as of August 25, 2023. Tillkännagivande • Jun 09
SciPlay Corporation Forms Special Committee to Evaluate Non-Binding Acquisition Proposal from Light & Wonder SciPlay Corporation announced that its Board of Directors has formed a special committee of independent directors co-chaired by Mr. Gerald Cohen and Ms. April Henry, and with Mr. Michael Marchetti and Mr. William Thompson serving as members. The Special Committee has been granted full authority to independently review and evaluate the non-binding proposal that the Board received from Light & Wonder Inc. on May 18, 2023, proposing that Light & Wonder acquire the remaining 17% equity interest in SciPlay that it does not already own for $20.00 per share in cash. The Special Committee has retained Lazard as its financial advisor and Sullivan & Cromwell LLP as its legal counsel in connection with its review and evaluation of the Proposed Transaction. The Company cautions its shareholders and others considering trading in its securities that neither the Board nor the Special Committee has made any decision with respect to the Proposed Transaction. There can be no assurance that any definitive offer will be made by Light & Wonder, that a definitive agreement will be executed relating to the Proposed Transaction or that this or any other transaction will be approved or consummated. The Company and the Special Committee do not intend to comment further about the Proposed Transaction unless and until they deem further disclosure is appropriate or as required under applicable law. Tillkännagivande • May 19
Light & Wonder, Inc. (NasdaqGS:LNW) submitted a proposal to acquire remaining 2.9% stake of SciPlay Corporation (NasdaqGS:SCPL) for approximately $110 million. Light & Wonder, Inc. (NasdaqGS:LNW) submitted a proposal to acquire remaining 2.9% stake of SciPlay Corporation (NasdaqGS:SCPL) for approximately $110 million on May 18, 2023. As part of the consideration, SciPlay shareholders will receive $20 in cash for each share of SciPlay Class A common stock. Upon the close of the transaction, SciPlay would become a wholly-owned subsidiary of Light & Wonder. Macquarie Capital acted as financial advisor and Cravath, Swaine & Moore acted as legal advisor to Light & Wonder, Inc. Tillkännagivande • May 10
SciPlay Corporation (NasdaqGS:SCPL) announces an Equity Buyback for $60 million worth of its shares. SciPlay Corporation (NasdaqGS:SCPL) announces a share repurchase program. Under the program, the company will repurchase up to $60.0 million of its class A common stock. The program will be valid till May 3, 2024. Tillkännagivande • Nov 12
SciPlay Corporation Provides Earnings Guidance for the Year 2022 SciPlay Corporation provided earnings guidance for the year 2022. The company maintaining its financial targets for full year revenue guidance of approximately 10%. Board Change • Oct 11
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Chairman Toni Korsanos was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • Oct 04
Engine Capital Delivers a Letter to SciPlay Corporation On October 3, 2022, Engine Capital LP announced that it has invested in SciPlay Corporation and Light & Wonder, Inc because it believes in the cross-platform, content-led strategy pursued by the new leadership of Chair Jamie Odell and Chair Toni Korsanos, the attractive valuations of both Companies, and the fact that there are opportunities readily within the control of SciPlay and Light & Wonder to increase shareholder value. Engine Capital expressed that the current corporate structure of SciPlay – whereby SciPlay remains a separate public entity controlled by Light & Wonder – is inefficient and creates an overhang on the valuation of both Companies. The current structure also prevents Light & Wonder from accessing SciPlay’s free cash flows and from making optimal capital allocation decisions. Engine stated that based on conversations with SciPlay and Light & Wonder shareholders, there appears to be broad agreement that the current structure is suboptimal, detracts from the value of both entities and should be resolved expeditiously. Engine Capital acknowledged that the Companies attempted to merge in 2021 through a stock-for-stock transaction, but that deal structure introduced several complications, including having to value both businesses in relation to one another as well as creating dilution for Light & Wonder shareholders. In addition, Engine Capital expressed that an easier solution exists whereby Light & Wonder acquires SciPlay for $15.00 to $16.00 per share1 using cash on SciPlay’s balance sheet without having to issue any new shares. Board Change • Sep 06
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Chairman Toni Korsanos was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • Sep 02
SciPlay Corporation Announces Board Changes SciPlay Corporation announced the resignation of Barry L. Cottle from the Board of Directors, effective as of the Effective Date. Following such resignation, the Board has elected Antonia Korsanos to the Board and to the position of Chair of the Board, in each case, effective as of August 31, 2022. Ms. Korsanos, age 53, has served as Executive Vice Chair of the Board of Directors of Light & Wonder Inc. (“Light & Wonder”) since September 2020 and has served as a consultant to Light & Wonder with the title of Advisor to the CEO since July 2019. Previously, Ms. Korsanos served as the Chief Financial Officer of Aristocrat Leisure Limited (“Aristocrat”) from 2009 to 2018 and Company Secretary from 2011 to 2018. Prior to joining Aristocrat, Ms. Korsanos held senior leadership roles in the consumer goods industry, including at Goodman Fielder and Kellogg’s. Ms. Korsanos has served as a director of Treasury Wine Estates Limited since April 2020. Ms. Korsanos previously served as a director of Ardent Leisure Group Limited from September 2018 to June 2020, Crown Resorts Limited from May 2018 to October 2021 and Webjet Limited from June 2018 to March 2021. Tillkännagivande • Aug 10
SciPlay Corporation Provides Revenue Guidance for the Year 2022 SciPlay Corporation announced that the company continues to target full year 2022 revenue growth of 10%. Tillkännagivande • Jul 22
SciPlay Corporation to Report Q2, 2022 Results on Aug 09, 2022 SciPlay Corporation announced that they will report Q2, 2022 results on Aug 09, 2022 Tillkännagivande • Jun 24
Engine Capital Sends Letter to the Board of SciPlay Corporation On June 17, 2022, Engine Capital Management, LP delivered a letter to the independent members of SciPlay Corporation’s Board. In the letter, Engine Capital expressed its views that an extension of the IP agreement is of little value to the Company and that potential conflicts of interest could lead the Company to provide an unnecessary payment to Light & Wonder. Engine Capital added that it is concerned that the Company’s management is conflicted since its members report to Barry Cottle, the Executive Chairman of the Company. Engine Capital stated that it is requesting that the Board form a special committee of independent directors to handle these negotiations and appoint a lead independent Director to strengthen the Company’s governance. Tillkännagivande • May 12
SciPlay Corporation (NasdaqGS:SCPL) announces an Equity Buyback for $60 million worth of its shares. SciPlay Corporation (NasdaqGS:SCPL) announces a share repurchase program. Under the program, the company will repurchase up to $60.0 million of its shares. The program will be valid till May 9, 2024. Reported Earnings • May 11
First quarter 2022 earnings released: EPS: US$0.18 (vs US$0.23 in 1Q 2021) First quarter 2022 results: EPS: US$0.18 (down from US$0.23 in 1Q 2021). Revenue: US$158.0m (up 4.6% from 1Q 2021). Net income: US$4.40m (down 17% from 1Q 2021). Profit margin: 2.8% (down from 3.5% in 1Q 2021). Over the next year, revenue is forecast to grow 11%, compared to a 180% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Tillkännagivande • May 03
Sciplay Corporation Announces New Board Appointments SciPlay Corporation announced the appointment of April Henry, Charles “CJ” Prober and Constance “Connie” P. James to its Board of Directors, effective May 1, 2022. In connection with these appointments, the Board increased its size from eight to nine directors. The new directors bring decades of relevant experience across the technology, gaming and digital entertainment industries: Ms. Henry brings over two decades of experience advising global corporations across the technology industry on investments, mergers and acquisitions and global business development partnerships. A former Wall Street analyst from Morgan Stanley, she is currently the Founder and Managing Partner of Hawkeye Digital, a strategic consulting firm. April is also currently on the board of ATN International and is the EVP of Corporate Development for Science Inc, a top incubation and venture capital fund. Mr. Prober brings over two decades of experience in the digital entertainment and gaming industries. From 2008-2014, he was a senior executive at Electronic Arts, one of the world’s leading digital entertainment companies, serving in various capacities, including head of corporate development and SVP, digital publishing. Mr. Prober joined Electronic Arts via the acquisition of BioWare/Pandemic, one of the world’s leading video game developers, where he served on the executive leadership team. He left Electronic Arts to join GoPro Inc. where he served as COO. He currently serves as CEO of Tile Inc., the leading mobile app-based smart location company, and as a board member at Life360, the leading mobile app-based family safety platform, which acquired Tile in January 2022. Ms. James is a seasoned financial executive with nearly twenty years of gaming experience in financial and operational roles. She is currently EVP and CFO of Light & Wonder Inc. (formerly known as Scientific Games Corporation). Prior to joining Light & Wonder, she was a finance executive at Cargill Corporation, and previously she was CFO – Global Land Based Gaming at Aristocrat Leisure Limited, a gaming solutions provider based in Australia. Board Change • Apr 27
High number of new directors Independent Director Nick Earl was the last director to join the board, commencing their role in 2022. Tillkännagivande • Apr 19
SciPlay Corporation to Report Q1, 2022 Results on May 10, 2022 SciPlay Corporation announced that they will report Q1, 2022 results After-Market on May 10, 2022 Tillkännagivande • Apr 13
Sciplay Corporation Appoints Nick Earl as Independent Director, Effective from April 15, 2022 SciPlay Corporation announced the appointment of Nick Earl to its Board of Directors, effective April 15, 2022. The addition of Mr. Earl brings the SciPlay Board to six members. Mr. Earl brings more than two decades of gaming industry leadership experience, including substantial experience in casual gaming and building great games and franchises. He most recently served as Chief Executive Officer and Director of Glu Mobile Inc., the developer of successful mobile games such as Design Home andKim Kardashian: Hollywood.Mr. Earl previously served as Senior Vice President of EA Mobile, where he oversaw the release of multiple leading mobile titles such as The Simpsons: Tapped Out. Tillkännagivande • Feb 17
SciPlay Corporation to Report Q4, 2021 Results on Mar 01, 2022 SciPlay Corporation announced that they will report Q4, 2021 results After-Market on Mar 01, 2022 Tillkännagivande • Dec 23
Scientific Games Corporation (NasdaqGS:SGMS) cancelled the acquisition of remaining 19.1% stake of SciPlay Corporation (NasdaqGS:SCPL). Scientific Games Corporation (NasdaqGS:SGMS) submitted a proposal to acquire remaining 19.1% stake of SciPlay Corporation (NasdaqGS:SCPL) for approximately $490 million on July 15, 2021. In the transaction, SciPlay shareholders, other than Scientific Games and its subsidiaries, would receive 0.250 shares of Scientific Games common stock for each share of SciPlay Class A common stock they own. Upon close of the transaction, SciPlay would become a wholly-owned subsidiary of Scientific Games.
The transaction is subject to the negotiation and execution of a mutually acceptable merger agreement. As of August 10, 2021, the SciPlay Corporation’s Board of Directors has formed a special committee of independent consisting of William Thompson, Gerald Cohen, and Michael Marchetti. The Board has granted the Special Committee independent authority to review and evaluate the proposal. Scientific Games expects the transaction to be immediately accretive to the value of to participate in the upside potential of Scientific Games’ shares offering SciPlay shareholders a premium for their investment and the opportunity to participate in the upside potential of Scientific Games. Macquarie Capital is serving as financial advisor and Robert I. Townsend III, Jenny Hochenberg, Thomas E. Dunn, J. Leonard Teti II, David J. Kappos, Matthew J. Bobby and Matthew Morreale of Cravath, Swaine & Moore LLP is serving as legal advisor to Scientific Games. Lazard is serving as financial advisor and Sullivan & Cromwell LLP as legal counsel to the special committee of the board of Directors of SciPlay Corporation in connection with the transaction.
Scientific Games Corporation (NasdaqGS:SGMS) cancelled the acquisition of remaining 19.1% stake of SciPlay Corporation (NasdaqGS:SCPL) on December 22, 2021. Board Change • Dec 08
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Independent Director Gerald Cohen is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Sep 15
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Independent Director Gerald Cohen is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Tillkännagivande • Sep 10
Labaton Sucharow LLP Announces Pendency of Class Action, Proposed Settlement and Motion for Attorneys' Fees and Expenses for Purchasers of Class A Common Stock of SciPlay Corporation Pursuant to an Order of the Supreme Court of the State of New York, New York County, that Lead Plaintiffs Police Retirement System of St. Louis and Hongwei Li, on behalf of themselves and the proposed Settlement Class, and SciPlay Corporation and the other defendants in the Action, have reached a proposed settlement of the above-captioned class action (the "Action") in the amount of $8,275,000 that, if approved, will resolve the Action in its entirety (the "Settlement"). This Action is a securities class action brought on behalf of those Persons who purchased or acquired SciPlay Class A common stock pursuant and/or traceable to the company's Registration Statement for SciPlay's May 3, 2019 initial public offering of Class A common stock. Lead Plaintiffs allege that the Registration Statement contained misleading statements and omissions. Defendants have denied, and continue to deny, all of Lead Plaintiffs' allegations, and deny that the Registration Statement was in any way materially false or misleading. Executive Departure • Aug 12
Chief Financial Officer Michael Cody has left the company On the 10th of August, Michael Cody's tenure as Chief Financial Officer ended after 2.4 years in the role. As of March 2021, Michael still personally held 42.03k shares (€572k worth at the time). A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 2.33 years. Reported Earnings • Aug 12
Second quarter 2021 earnings released: EPS US$0.24 (vs US$0.29 in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$154.0m (down 7.0% from 2Q 2020). Net income: US$5.90m (down 11% from 2Q 2020). Profit margin: 3.8% (down from 4.0% in 2Q 2020). The decrease in margin was driven by lower revenue. Tillkännagivande • Jul 16
Scientific Games Corporation (NasdaqGS:SGMS) submitted a proposal to acquire remaining 19.1% stake of SciPlay Corporation (NasdaqGS:SCPL) for approximately $490 million. Scientific Games Corporation (NasdaqGS:SGMS) submitted a proposal to acquire remaining 19.1% stake of SciPlay Corporation (NasdaqGS:SCPL) for approximately $490 million on July 15, 2021. In the transaction, SciPlay shareholders, other than Scientific Games and its subsidiaries, would receive 0.250 shares of Scientific Games common stock for each share of SciPlay Class A common stock they own. Upon close of the transaction, SciPlay would become a wholly-owned subsidiary of Scientific Games.
The transaction is subject to the negotiation and execution of a mutually acceptable merger agreement. Scientific Games expects the transaction to be immediately accretive to the value of to participate in the upside potential of Scientific Games’ shares offering SciPlay shareholders a premium for their investment and the opportunity to participate in the upside potential of Scientific Games. Macquarie Capital is serving as financial advisor and Cravath, Swaine & Moore LLP is serving as legal advisor to Scientific Games. Executive Departure • Jun 15
Independent Director Jay Penske has left the company On the 9th of June, Jay Penske's tenure as Independent Director ended after 2.2 years in the role. As of March 2021, Jay still personally held 69.00k shares (€938k worth at the time). A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 2.17 years. Reported Earnings • May 11
First quarter 2021 earnings released: EPS US$0.23 (vs US$0.19 in 1Q 2020) The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: US$151.1m (up 28% from 1Q 2020). Net income: US$5.30m (up 21% from 1Q 2020). Profit margin: 3.5% (down from 3.7% in 1Q 2020). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Mar 09
Investor sentiment deteriorated over the past week After last week's 16% share price decline to US$13.30, the stock is trading at a trailing P/E ratio of 17.4x, down from the previous P/E ratio of 20.7x. This compares to an average P/E of 33x in the Entertainment industry in Europe. Total returns to shareholders over the past year are 77%. Reported Earnings • Mar 02
Full year 2020 earnings released The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: US$582.2m (up 25% from FY 2019). Net income: US$20.9m (down 36% from FY 2019). Profit margin: 3.6% (down from 7.0% in FY 2019). The decrease in margin was driven by higher expenses. Analyst Estimate Surprise Post Earnings • Mar 02
Revenue beats expectations Revenue exceeded analyst estimates by 0.1%. Over the next year, revenue is forecast to grow 1.1%, compared to a 3.6% growth forecast for the Entertainment industry in Germany. Tillkännagivande • Feb 17
SciPlay Corporation to Report Q4, 2020 Results on Mar 01, 2021 SciPlay Corporation announced that they will report Q4, 2020 results on Mar 01, 2021 Valuation Update With 7 Day Price Move • Feb 10
Investor sentiment improved over the past week After last week's 25% share price gain to US$16.50, the stock is trading at a trailing P/E ratio of 10x, up from the previous P/E ratio of 8x. This compares to an average P/E of 36x in the Entertainment industry in Europe. Total returns to shareholders over the past year are 70%. Is New 90 Day High Low • Jan 27
New 90-day high: €14.50 The company is up 18% from its price of €12.30 on 29 October 2020. The German market is up 21% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is up 30% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €27.93 per share. Is New 90 Day High Low • Jan 11
New 90-day high: €13.40 The company is up 2.0% from its price of €13.10 on 12 October 2020. The German market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is up 24% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €28.12 per share. Valuation Update With 7 Day Price Move • Jan 09
Investor sentiment improved over the past week After last week's 18% share price gain to US$13.40, the stock is trading at a trailing P/E ratio of 9.1x, up from the previous P/E ratio of 7.7x. This compares to an average P/E of 38x in the Entertainment industry in Europe. Total returns to shareholders over the past year are 25%. Is New 90 Day High Low • Nov 11
New 90-day low: €10.20 The company is down 13% from its price of €11.70 on 12 August 2020. The German market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is up 31% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €25.48 per share. Reported Earnings • Nov 07
Third quarter 2020 earnings released: EPS US$0.24 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: US$151.2m (up 30% from 3Q 2019). Net income: US$5.50m (up 175% from 3Q 2019). Profit margin: 3.6% (up from 1.7% in 3Q 2019). The increase in margin was driven by higher revenue. Analyst Estimate Surprise Post Earnings • Nov 07
Revenue beats expectations Revenue exceeded analyst estimates by 6.2%. Over the next year, revenue is forecast to grow 6.9% compared to a 32% decline forecast for the Entertainment industry in Germany. Valuation Update With 7 Day Price Move • Oct 15
Market pulls back on stock over the past week After last week's 17% share price decline to US$12.70, the stock is trading at a trailing P/E ratio of 9.3x, down from the previous P/E ratio of 11.2x. This compares to an average P/E of 31x in the Entertainment industry in Europe. Is New 90 Day High Low • Oct 08
New 90-day high: €15.30 The company is up 9.0% from its price of €14.00 on 10 July 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. However, its price trend is similar to the Entertainment industry, which is also up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €26.59 per share. Tillkännagivande • Oct 03
SciPlay Corporation Announces Resignation of Directors On September 29, 2020 and September 30, 2020, each of Ms. Frances F. Townsend and Mr. M. Mendel Pinson, respectively, advised SciPlay Corporation (the Company") that she or he, as applicable, will resign from the company's Board of Directors effective October 2, 2020. Tillkännagivande • Sep 24
SciPlay Appoints Danny Moy as Chief Strategy Officer SciPlay appointed Danny Moy to Chief Strategy Officer on SciPlay's executive leadership team. Moy will report directly to the company's CEO, Josh Wilson. Moy joins SciPlay with nearly 20 years of experience in mergers and acquisitions, business development, strategy and operations at leading global companies. In his new role, Moy will oversee SciPlay's business development team, to identify new business opportunities, drive the strategic planning process and oversee corporate strategy. Prior to joining SciPlay, Moy served as the executive vice president of corporate development and strategy at PLAYSTUDIOS. Tillkännagivande • Jul 17
SciPlay Corporation to Report Q2, 2020 Results on Jul 23, 2020 SciPlay Corporation announced that they will report Q2, 2020 results at 5:00 PM, Eastern Standard Time on Jul 23, 2020