Scientific Games returns to profit in Q3 as revenue climbs 24.8%

Scientific Games has revealed that a 24.8% year-in-year increase in revenue during the third quarter of its 2021 financial year helped it return to a net profit during the period.

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Revenue for the three months to September 30 from continuing operations amounted to $539m (£398m/€466m), up from $432m in the corresponding period last year.

Scientific Games put this increase mainly down to growth within its gaming segment, where revenue jumped 46.8% to $339m, as the supplier reported a rise in its premium installed base, as well as growth in game sales and its table games business.

Revenue also edged up 6.0% to $53m in the igaming segment, driven by original content, elevated US gross gaming revenue and an increase in US market share, though partially offset by seasonal trends.

Read the full story on iGB North America.