Street Talk

SG Lottery bid hangs on Scientific Games board call

Anthony Macdonald, Yolanda Redrup and Kanika Sood

Oct 24, 2021 – 9.35pm

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Bankers and fund managers have their fates back in the hands of gaming gurus Jamie Odell and Toni Korsanos.

The former Aristocrat Leisure pair, now No.1 and two at US-listed Scientific Games, and their board are expected to decide as early as Monday (Australian time) whether to list their lotteries services unit SG Lottery as a $10 billion-odd company on the ASX-boards, or hit one of a handful of trade bids.

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.