Nevada regulator approves Bally-Scientific Games merger
News on 21 Nov 2014
News on 21 Nov 2014
The multi-billion dollar merger of Bally Technologies with Scientific Games has received the unanimous approval of the Nevada Gaming Commission.
The Commission’s approval was the final regulatory permission required to complete the merger, and follows the overwhelming shareholder vote for the deal earlier this week (see previous report).
In an announcement Thursday, Scientific Games said it expects to complete the Bally merger today (November 21, 2014) subject to the satisfaction of the remaining customary closing conditions.
“We are pleased to have received unanimous approval from the Nevada Gaming Commission, and we thank the Commission, the Nevada Gaming Control Board and its staff for their diligence in reviewing the transaction,” said Gavin Isaacs, president and chief executive officer of Scientific Games.
