Scientic Games' SciPlay files for a $100 million IPO

SciPlay, Scientific Games' social gaming segment that offers casino-style games, filed on Friday with the SEC to raise up to $100 million in an initial public offering.

The Las Vegas, NV-based company was founded in 1997 and booked $416 million in sales for the 12 months ended December 31, 2018. It plans to list on the Nasdaq under the symbol SCPL. SciPlay filed confidentially on December 17, 2018. BofA Merrill Lynch, J.P. Morgan, Deutsche Bank, Goldman Sachs, Morgan Stanley, Macquarie Capital and RBC Capital Markets are the joint bookrunners on the deal. No pricing terms were disclosed.

The article Scientic Games' SciPlay files for a $100 million IPO originally appeared on IPO investment manager Renaissance Capital's web site renaissancecapital.com.

Investment Disclosure: The information and opinions expressed herein were prepared by Renaissance Capital's research analysts and do not constitute an offer to buy or sell any security. Renaissance Capital's Renaissance IPO ETF (symbol: IPO), Renaissance International ETF (symbol: IPOS), or separately managed institutional accounts may have investments in securities of companies mentioned.

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