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General NLG Chat => Rants and Raves (SEE DESCRIPTION BEFORE ENTERING!) => Topic started by: PWRSTROKE on July 30, 2011, 12:12:16 AM

Title: Barcrest
Post by: PWRSTROKE on July 30, 2011, 12:12:16 AM

Anyone care to confirm that IGT sold Barcrest to Europe for 33mill.? (aprox.). B.

Title: Re: Barcrest
Post by: staz on July 30, 2011, 12:44:43 AM

its confirmed.........
Scientific Games has agreed to pay $54 million for Barcrest in net cash.

IGT stands to earn another $3 million in cash, and, depending on post-closing adjustments, could earn as much as $66 million at the end of the deal.

Title: Re: Barcrest
Post by: StatFreak on July 30, 2011, 12:50:45 AM

Quote from: PWRSTROKE on July 30, 2011, 12:12:16 AM

Anyone care to confirm that IGT sold Barcrest to Europe for 33mill.? (aprox.). B.

Quote from: staz on July 30, 2011, 12:44:43 AM

...could earn as much as $66 million at the end of the deal.

It sounds like PWRSTROKE only heard half of the deal. :200- :97- :97- :97-

Is this the same Scientific Games – located in California – that prints scratch off tickets for state lotteries, or a different company by the same name?

Title: Re: Barcrest
Post by: staz on July 30, 2011, 01:08:24 AM

http://www.gamblingkingz.com/news/2011/04/29/igt-sells-uk-based-barcrest.asp (http://www.gamblingkingz.com/news/2011/04/29/igt-sells-uk-based-barcrest.asp)