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Merging with Another Excessively Leveraged Firm is like Gambling Rather than Business Investing; Analyst Report by BrokerBank Securities, Inc.

NEW YORK, Aug. 4, 2014 /PRNewswire/ -- Scientific Games Corporation (NASDAQ: SGMS) is a global product and service provider of lottery and regulated gaming industries.  The market extends to North America, South America, Europe and Asia.  Company offers very diverse products within the gaming industry. 

Above all, Scientific Games has a leverage problem.  It is hard to explain how the managing team survived without fierce resistance from the board or shareholders.  So far even when profitability has been so disappointing year after year.    It is not surprising to see that GMI Ratings marked such a poor review on Scientific Games.  GMI Ratings measures the qualitative aspects of a company's value.  It is an independent provider of measurements related to social, governance, and accounting-related risks of public companies. 

Scientific Games released a public announcement on August 1st, 2014 that it would acquire competitor Bally Technologies, Inc. ("Bally").  The merger news was peppered with negative reactions from industry participants.

A full in-depth analyst report on SGMS that includes risk factors, industry review, financial position, potential revenues, review of current business model, competition landscape, analyst summary, and recommendation can be viewed by using the following link at no cost:

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This report may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward- looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of mentioned company to be materially different from the statements made herein.   


Content is researched, written and reviewed on a best-effort basis. This document, article or report is written and authored by Ujae Kang, Chartered Financial Analyst. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below. We do not engage in high frequency trading.

A full disclaimer can be found by viewing the full analyst report.

If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at [email protected]. For any urgent concerns or inquiries please contact us at [email protected]   

BrokerBank Securities, Inc. is a member of the Financial Industry Regulatory Authority, CRD number #130116.

SOURCE BrokerBank Securities, Inc.

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