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Scientific Games hits Q2 profit despite revenue decline

10th August 2011 9:16 am GMT

Scientific Games Corporation has reported a 5 per cent drop in total revenues to US$220.2m for the second quarter of 2011, despite benefiting from the completion of its largest single supplier installation of server-based gaming machines with UK bookmaker Ladbrokes.

Scientific Games said that the decline in revenues was primarily due to the sale of its racing business to Sportech last year. Excluding the results of its racing business, second quarter revenues would have increased by [...]

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