Scientific Games Corp. has been borrowing money again, although numerous warning signs suggest that the New York lottery service provider’s management might not spend responsibly. The company’s financial statements reflected an AGR score of 9 in June, indicating higher accounting and governance risk than 91% of comparable companies. The subsidiary Scientific Games International, Inc. said [...]
Tag Archives | Scientific Games
GMI Ratings Governance Issue | Scientific Games Corp.
August 22, 2012 in Corporate Governance, Daily Viewpoint, Flash Reports
GMI Ratings Governance Issue | Scientific Games Corp.
May 2, 2012 in Flash Reports
Bargain hunters in Scientific Games Corp. should know that those shares come with high accounting and governance risk. The New York lottery service provider’s managers have prioritized their own interests in the past and reported on the company’s finances with optimism. Scientific Games’s financial statements reflect that it’s had a very aggressive AGR since September, [...]
GMI Ratings Governance Issue | Scientific Games Corp.
May 2, 2012 in Board Pay, CEO Pay, Corporate Governance, Executive Pay
Managers get paid nicely. Bargain hunters in Scientific Games Corp. should know that those shares come with high accounting and governance risk. The New York lottery service provider's managers have prioritized their own interests in the past and reported on the company's finances with optimism. Scientific Games's financial statements reflect that it's had a very [...]
GMI Risk List released today
October 12, 2011 in ESG Ratings & Research
The GMI Risk List was issued today, identifying 10 individual companies with specific patterns of risk that GMI believes are critical for investors and other corporate stakeholders to monitor. The new report identifies a selection of GMI’s most poorly rated firms in North America, representing an array of environmental, social and governance (ESG) and accounting [...]
Scientific Games? More like board games.
May 31, 2011 in CEO Pay
By Paul Hodgson – Chief Communications Officer It’s not so much a golden hello. More a golden “hello again”. Or rather a golden “hey-you-never-really-left”. Here’s an extract from an 8-K recently filed by Scientific Games about a change to the employment contract of chairman and former (and now current again) CEO Lorn Weil. And [...]