Gaming Stocks Alert for Scientific Games Corporation (NASDAQ: SGMS)
Category: Investment, Gaming
Visit this company: Scientific Games Corporation
New York, New York - August 23, 2012 (www.investorideas.com newswire, www.gamingindustrystocks.com) Investorideas.com staff: Investor Ideas, a global investor research portal for independent investors, specializing in sector research including gaming stocks, issues an alert for Scientific Games Corporation (NASDAQ: SGMS) following news.
The stock is trading at $6.81, up 0.05 or 0.74% as of 11:08AM EDT with a morning high of $6.92 on just under 700,000 shares.
he stock rallied yesterday on news of a contract to supply instant ticket games and related services to the Texas Lottery Commission. The Company was selected following a competitive procurement process. The six-year contract, which begins on September 1, 2012, includes options for the Lottery to extend the contract for two additional three-year periods. Revenue to Scientific Games will continue to be based on a price-per-thousand tickets basis.
The stock has a 52- week range of $5.53 - 13.08.
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