Tag Archives: Michael Quartieri

Strong Q3 trading sees Scientific Games return to black

Scientific Games Corporation (SGC) has reported that growth across all core business segments – including its sports betting vertical (SG digital division) but with the exception of gaming operations (sequential loss of $1m) – is growing on “both the top and bottom line”, which CEO Barry Cottle said puts the company on a “path to 5.5x net debt leverage by …

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Scientific Games 2018 accounts disrupted by Shuffle Tech settlement

Nasdaq-listed industry technology group Scientific Games Corporation (SGC) has detailed strong progress on its enlarged business capacity and new digital profile publishing its full-year 2018 results. Closing Q4 2018 trading, SGC posts an 8% increase in corporate revenues to $885 million (Q4 2017: $823m), detailing robust growth across its digital, lottery and social gaming assets. The Nasdaq enterprise records Q4 metric …

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Scientific Games reports positive revenue momentum despite accounting restructure

A new look Scientific Games Corporation (SGC) announces its second quarter 2018 results, reporting revenue growth across its core divisions of gaming, lottery and digital services. Updating the market on Q2 2018 trading (period ending 30 June), SGC reports a 10% uplift in group revenues to $845 million (Q2 2017: $766 million). The Nasdaq-listed enterprise maintains its period revenue growth, …

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Scientific Games boosts income & cash-flow despite currency exchange impacts

Nasdaq-listed Scientific Games Corporation has stated that integration initiatives and cost focused synergies implemented in 2015 have helped the company record an income boost of $50 million up 178% on Q1 2015’s $18 million. Updating the market on its Q1 2016 performance (period ending 31 March), Scientific Games reported growth on revenue and earnings ‘metrics, despite being impacted by unfavourable …

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Scientific Games appoints Michael Quartieri as CFO & Corporate Secretary

Scientific Games has announced the promotion of Michael Quartieri to Executive Vice President and Chief Financial Officer. Quartieri will further serve as corporate secretary succeeding Scott Schweinfurth. Quartieri a nine year Las Vegas Sands Corp leadership veteran joined Scientific Games in November as Corporate Controller. Having served an introductory period assesing Scientific Games Corporation’s operations, Quartieri will now be tasked with leading the …

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