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Scientific Games begins cost cutting drive as Q3 net loss nears $100m

3rd November 2016 1:14 pm GMT
Scientific Games

US gaming supplier Scientific Games hailed the performance of its social gaming business in its third quarter results, which helped drive a 7 per cent increase in revenue to $720.0m.

Growth in its Gaming and Interactive divisions offset a decline in Lottery which was impacted by the expiration of the previously disclosed China Sports Lottery validation contract in January and unfavourable currency translations.

Q3 2016 Revenue Comparison (US$)

Revenue from Interactive climbed 66 per cent to $85.2m, buoyed [...]

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