SG reports continuing net loss for 2019

Scientific Games released its financial results for the full year period showing a net loss of US$118 million on somewhat higher total revenues. Overall, there was still an improvement over the previous year period.

Annual revenues advanced US$37 million to US$3.4 billion, a 1.1 percent increase.

The net loss of US$118 million compared to losses of US$234 million the prior year.

CEO and President of Scientific Games Barry Cottle said, "This past year, we made great strides in developing the best games, attracting industry leading talent, and improving our capital structure. I'm confident we have the right team in place to reach our goal to be the market leader across land-based gaming, lottery, sports and digital gaming driven by leading content and the platforms that enable play anywhere and anytime. Our recent contract and deal wins across our businesses, and the globe, highlight that we are on the right path."

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