Scientific Games (NASDAQ:SGMS) subsidiary SciPlay Corp. (SCPL) files for an IPO

in Finance

Scientific Games (NASDAQ:SGMS) subsidiary SciPlay Corp. (SCPL) files for an IPO to list its Class A shares on the Nasdaq under the ticker "SCPL." The number of shares and price weren't disclosed.

The two-class structure will give Class A holders one vote and Class B holders 10 votes per share. Scientific Games will indirectly hold all Class B shares.

Revenue grew from $361.4M in 2017 to $416.2M in 2018.

Competitors include Zynga (NASDAQ:ZNGA), DoubleU, and Playtika.

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