Scientific Games narrows losses as it enters 2018

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Industry technology provider Scientific Games Corporation has detailed that it expects to deliver higher group revenues, combined with a narrower net loss for its Q4 2017 performance.

The Nasdaq listed company expects a 9 percent increase in group consolidated revenues in the range of approximately $820m to $825m.

“Our preliminary results for the fourth quarter 2017 reflect our focus on generating top-line growth and ongoing improvements across our gaming, lottery and interactive operations,” detailed Kevin Sheehan, CEO and president of Scientific Games.

“I am proud of the dedication and success achieved by the collaborative efforts of our Scientific Games colleagues around the globe who continue to empower our customers and deliver success for all our stakeholders.”

SGC now enters a crucial, Q1 2018 trading period, in which the company will integrate its acquired NYX Gaming assets, creating a new digital gambling division, led by former NYX Gaming CEO Matt Davey.

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