US gaming and lottery supplier Scientific Games Corporation saw strong revenue growth of 62 per cent to $671.6m for the third quarter of 2015, although the company recorded a net loss of $678.2m after being impacted by impairment charges amounting to $639m during the period.

The company said that as a result of the prolonged reduction in overall customer spending on gaming machines and the decline in gaming operations installed base, it initiated a review of the carrying value of goodwill and certain intangible assets associated with game machine sales and gaming operations during Q3.

The analysis determined that the current indicated fair value of the goodwill associated with these lines of business was below its carrying value...

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