Scientific Games Corporation (SGC) has reported a stable corporate trading and performance in the first quarter of 2021 as COVID-19 pandemic headwinds continue to impact its business lines. Publishing its Q1 trading update, SGC registered a 1% increase in group revenues to $729 million (Q12020: $725m) in line with Nasdaq firm’s trading objectives. The group’s SciPlay brand and Lottery division …
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Scientific Games records $111m loss as pandemic freezes casino supply chain
The reduced supply by casino operators across the world as a result of the global pandemic has dampened Scientific Games’ (SG) performance during Q3 revenues fell to $698 million, an 18.3% decline on the $855 million reported in Q3 2019. The majority of the disruptions were felt by the company’s gaming division, which SG stated had affected comparability to the …
Read More »Scientific Games confirms Michael Eklund as inbound Group CFO
Scientific Games Corporation (SGC) has confirmed the inbound appointment of Michael Eklund as Group Chief Financial Officer (CFO). Eklund will join SGC’s executive leadership team on 1 June, taking control of the Nasdaq technology group’s financial planning, auditing and capitalisation structures. The appointment sees SGC secure a leading CFO for large scale technology enterprises, with Eklund having previously led diverse …
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