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Scientific Games hits Q1 loss as revenues drop

11th May 2011 1:37 pm GMT

Scientific Games Corporation has reported a 9 per cent drop in revenues to US$196.7m for the first quarter of 2011, with growth from the company’s printed product business partially offsetting declines in its lottery systems and diversified gaming businesses.

Scientific Games said that first quarter revenues were down primarily as a result of the sale of its racing business to Sportech last October. Excluding the results of the racing business, revenues would have increased 3 per [...]

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