Replies to post #806 on Casino Gaming Manufacturers

[EZ2]

Scientific Games Slides 7% on Report JV With Playtech Falling Apart

01/23 01:58 PM

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01:58 PM EST, 01/23/2012 (MidnightTrader) -- Scientific Games (SGMS:$10.89,00$-0.82,00-7.00%) is lower after eGaming Review says the company's joint venture with Playtech is falling apart, StreetInsider.com reports.

The story reportedly says the joint venture between the two companies was reduced to a "strategic partnership" from a full-blown joint venture. The story reportedly says the announcement should come soon, as the companies are evaluating how to break share-price sensitive news.

Price: 10.88, Change: -0.84, Percent Change: -7.13

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