Any doubts about Scientific Games’ intentions to list its global lotteries business on the ASX have been put to bed.
SG Lottery has recruited a bunch of fundie favourites to join the company as inaugural directors, including REA Group chairman Hamish McLennan. He will take his place at the head of the table, while Tyro boss and former Tatts Group head Robbie Cooke is expected to join him, as are former Aristocrat gaming executives Steve Morro and Toni Korsanos.
The float has been tipped to value SG Lottery at as much as $10 billion and this is a line-up that is sure to please prospective investors.
If there were any doubts about whether Scientific Games was serious about listing its global lotteries division SG Lottery on the ASX, then they should be extinguished by some of the names lined up to oversee it.
Remitter is hitting up investors this week for at least $13.5 million in pre-IPO funding, with most of the funding going toward its purchase of US company Mercantile Adjustment Bureau.
