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Scientific Games

Scientific Games

Scientific Games is a lottery technology and services company headquartered in Alpharetta, Georgia, supplying instant tickets, lottery systems, iLottery platforms and digital instant games, sports betting technology and retail networks to more than 130 lotteries worldwide, and the largest producer of instant lottery tickets. Founded in 1973, it was separated from the gaming business that became Light and Wonder in 2022 and acquired by Brookfield Business Partners, and now operates as a private lottery specialist with iLottery contracts across North America and Europe.

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Scientific Games at a glance

Stories
6
Last covered
October 2026
Coverage since
June 2025
Segment
Supplier

Latest coverage

The Clarence M. Mitchell Jr. Courthouse in downtown Baltimore under a grey winter sky, with snow on the street corner in front
Regulatory

Maryland Judge Rules Intralot Should Have Been Allowed to Fix Its $260m Lottery Bid

A Baltimore circuit judge has reversed the contract appeals board that upheld Intralot's disqualification from Maryland's lottery systems tender, reportedly holding that a 2025 procurement law required the state to let it correct its minority business paperwork. It revives Intralot's case, not its award: the state threw out every bid in December, and Scientific Games is still running the lottery while it fights that decision.

Jockeys in coloured silks race a field of horses across green turf under a clear blue sky, with the runners blurred by motion
Corporate

Tote Names James Coxon CEO as Alex Frost Steps Down and Online Gaming Closes

Alex Frost, who led the racehorse owners' purchase of the Tote from Betfred in 2019, will hand over to former GiG and DraftKings executive James Coxon at the end of 2026. In the same announcement the Tote is closing its online gaming and cutting back a consumer digital business that its latest accounts show made an EBITDA loss of £11.9 million.

The Light & Wonder logo displayed on a phone in front of the company's investor relations site
Corporate

Light & Wonder Targets Investment-Grade Debt by Mid-2027 and Deprioritises Share Buybacks

Light & Wonder has made de-leveraging its balance sheet the company's overriding priority after its second-quarter earnings call, with CFO Oliver Chow setting a target of three times cash flow by mid-2027. The shift signals a strategic recalibration for the gaming supplier after years of acquisition-driven growth, and puts share buybacks firmly on the back burner for the remainder of 2026.

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