Scientific Games reports slight revenue increase and cuts losses in Q1

Scientific Games has announced a 3% year-on-year revenue rise to $837m for Q1, while net company losses decreased to $24m during Q1 2019, falling from $202m. This was down to the company’s ability to pay off debt,  after an initial public offering of a 17.4% minority interest in its social gaming business, SciPlay. Scientific Games received $301m from the offering. SG Gaming's revenue saw a 5% drop, to $422m.  Revenues from soc...