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Bids fly for SG Lottery as bankers call in cornerstones

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It’s getting close to jackpot time at IPO of the decade contender SG Lottery.

After weeks of talks with potential cornerstone investors, SG Lottery’s brokers are bringing the process to a head so they can put an underwritten IPO to owner Scientific Games this weekend.

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Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com
Yolanda Redrup is the editor of the AFR Rich List. She previously reported on technology, healthcare and Street Talk. Connect with Yolanda on Twitter. Email Yolanda at yolanda.redrup@afr.com
Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au

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Original URL: https://www.afr.com/street-talk/bids-fly-for-sg-lottery-as-bankers-call-in-cornerstones-20211019-p591bk