2020_8_pragmatic.gif
2020_8_pragmatic.gif
2020_8_pragmatic.gif
CLOSE
× Gambling News In-Depth iGaming Calendar Connections GI Friday Trafficology GI Magazine
GGA 2020 AffiliateCon
NEWS 12 March 2015

Revenue up for Scientific Games in 2014

By David Cook
Provider Scientific Games has reported a 64% increase in yearly revenue to $1.79bn for 2014.

Revenue is up from last year’s $1.09bn, while revenue for the fourth quarter of 2014 went up year-on-year from $401.9m to $565.8m.

Scientific Games completed its $5.1bn merger with fellow provider Bally Technologies in November, and its Q4 2014 and full year 2014 results include the results of 40 days of operations for Bally following the completion of the merger on 21 November.

Despite the yearly revenue increase, an operating loss of $156.4m was posted, up from $67.5m in 2013.

Net loss also went up, standing at $47.1m in comparison to the previous year’s $3.5m, and net loss per share stood at $0.55, up from $0.04.

Adjustable EBITDA increased from $130.5m to $173.3m.

Scientific Games President and CEO Gavin Isaacs said: "With the combination of Scientific Games and Bally, we are focused on becoming the partner of choice for gaming, lottery and interactive customers.

"To this end, we plan to launch an exciting array of new products across our Bally, WMS, Shuffle Master, Williams, Barcrest and lottery brands throughout the world in 2015.

“At the same time, as we continue to invest in developing innovative new products and services to help our customers grow their businesses, we also are just as committed to quickly implement our integration plans to realise targeted cost savings and generate growing free cash flow."



DISCUSS THIS ARTICLE
IN-DEPTH 18 February 2020
A decade to remember
READ MORE

PREMIUM CONNECTIONS
Digital Isle of Man
Legal and Jurisdictions
Digital Isle of Man is responsible for the thriving Digital sector in the Isle of Man, spanning the Island's international ...
BetConstruct
Systems and Software
BetConstruct is a global award-winning technology and services provider for online and land-based gaming industry. BetConstruct's innovative and proven offerings ...
Global Gaming Awards
Industry Awards
The Global Gaming Awards London recognise the most innovative companies and individuals of the gaming world. The Awards are powered ...
NSoft
Systems and Software
NSoft is an award - winning internationally recognized software solutions provider for betting industry. The company has more than 200 employees ...
ActiveWins
PR and Marketing
ActiveWin has ripped up the rulebook on the traditional agency prototype. Our model is based on performance - as you ...
BBIN
Systems and Software
The Leading iGaming Software Supplier in Asia
1xPartners
Affiliate
1xPartners is the innovative and exciting affiliate program offered by 1xBet, one of the world's leading sportsbooks and casinos. Offering ...
Newgioco Group
Systems and Software
Newgioco Group, Inc. (OTCQB:NWGI) is a premier leisure betting technology company providing regulated online and land-based gaming and sports ...
Efbet
Systems and Software
We have partnered up with deVRealm in a joint venture for the development of new gambling technology platforms. The primary ...
Zimpler
Payments
Zimpler provides a complete In and Out payment solution for online services. That means we take care of identifying the ...