Gambling technology company Scientific Games said today that it’s moving its corporate headquarters from New York to Las Vegas.
Nevada gaming regulators approved Scientific Games’ $5.1 billion merger with Las Vegas-based Bally Technologies in November, allowing the company to make Southern Nevada home to its corporate offices and the primary manufacturing operations for its gaming division. The new Scientific Games headquarters is located off the 215 Beltway near Jones Boulevard.
“Selecting Las Vegas as our global headquarters is a natural step in the corporate evolution of Scientific Games,” CEO Gavin Isaacs said in a statement. “Las Vegas is a diverse, cosmopolitan city in business friendly Nevada where we have strong roots and an extensive and growing employee base. This move will allow us to stay closely connected to our worldwide base of gaming, lottery and interactive customers.
Before purchasing Bally, Scientific Games merged with WMS Industries in 2013. The company said in today’s statement that it has started transitioning WMS manufacturing operations from Illinois to Las Vegas. Scientific Games anticipates that Las Vegas facilities will host all production by this summer.
Today’s announcement drew praise from Gov. Brian Sandoval.
“The relocation of the company’s manufacturing operations and corporate office to Las Vegas means hundreds of good-paying jobs for the people of Clark County and our state in the years to come,” Sandoval said in the Scientific Games statement. “As we work together to grow and diversify the Nevada economy, I am appreciative that Gavin Isaacs and his executive team recognized the advantage of doing business in our great state.”
Scientific Games said cost synergies associated with the move were included in its previous estimate of $235 million in expected annual savings from the Bally acquisition.