Q1 results 2021

Lottery and digital offset low machine sales as SG cuts Q1 losses

| By Daniel O'Boyle
Gambling technology giant Scientific Games saw revenue grow and losses decline in the first quarter of 2021.

Growth in its lottery, digital and social gaming segments helped offset a drop in gaming machine sales over the three months to March 31, with group revenue up 0.6% to $729m.

Revenue from services came to $463m, up 7.9%, with instant products’ contribution growing 20.0% to $162m. Revenue from product sales, however, fell 38.1% to $104m.

Breaking down revenue by company segment, the SG Lottery division became the largest source contributor to group revenue. Revenue was up 17.0% to $248m, with most of this growth coming from the US.

Read the full story on iGB North America

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