Street Talk

Bids fly for SG Lottery as bankers call in cornerstones

Anthony Macdonald, Yolanda Redrup and Kanika Sood

Oct 19, 2021 – 9.34pm

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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.

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.

Yolanda Redrup is the editor of the AFR Rich List. She previously reported on technology, healthcare and Street Talk.

Kanika Sood is a journalist based in Sydney who writes for the Street Talk column.