Scientific Games has reported results for the first quarter with president and CEO Barry Cottle saying: “I am extremely pleased with our progress this quarter.”
“Despite the continued challenges, our teams’ dedication and focus enabled us to build on our gains from last year. We delivered another strong quarter, enabling us to return to growth on both the top and bottom lines.
“Our new gaming strategy and product roadmap continues to have success and our lottery, SciPlay and digital businesses delivered strong growth in the quarter. Our results demonstrate the strength of our content and franchises, engaging players on any platform they want to play.
“The executive team and our board are continuing to work together and are making great progress as we look to optimise our portfolio, deleverage our balance sheet and capitalise on key areas of growth in order to unlock value for our shareholders.”
Michael Eklund, executive vice president and CFO, added: “The team has really stepped up to make meaningful progress on our key initiatives.
“We remain laser focused on delivering revenue and AEBITDA growth and strengthening our balance sheet. Our continued focus on operational efficiency is enhancing our cash flows.
“We are executing at a high level and I could not be more excited about the path forward for Scientific Games.”
Gambling News from NewsCasinoNew.com is made for the most passionate fans of online casinos and internet gambling. We cover everything: from popular gambling world events and trends to new casino slot game releases and reviews, you will find the latest news stories.
