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Scientific Games Marks 9.4-Percent Surge in 2017 4Q Revenue Rates

Scientific Games is one of the leading electronic gaming machines developer on a global scale and as such, it is constantly working on a wide variety of projects with different entities in the gaming world. This week saw the official issuing of the company’s annual report which shed more light on the operation of the US-based supplier and its level of success when it comes to revenue.

The company witnessed a jump in the revenue for the last quarter of 2017, which is also the holiday season. This time period is typically associated with a surge in the revenue rates and relatively good performance of companies in the field. There was a 9.4-percent increase in the gaming revenue reported by the company in comparison to its performance during the last quarter of 2016. The total amount of revenue generated by Scientific Games is estimating to US$823.0 million, marking a considerable jump in the overall performance of the entity.

According to the information issued by the gaming developer, all three of its business segments, to the likings of gaming, lottery, and interactive, have demonstrated good performance throughout the fourth quarter of last year, thus boosting the collective revenue figures. Since the company managed to introduce a total of 10,249 new gaming devices to the global market and distributed them to their final destinations of operation, the gaming segment saw a 7-percent surge in its revenue rate. The exact quarterly record it has amounted to US$492.5 million.

Upwards Trend of Development for the Company

The slot devices sales also saw an increase which reached an increase of 12 percent for the last quarter of 2017, compared to the same time period in 2016 and reaching US$189.8 million. The casino management solutions are also widely spread in the industry, as it was recently confirmed that the company has entered a partnership with the Native American tribe, which will see the company’s products introduced to all three locations overseen by the tribe – Turning Stone casino, located in Verona, as well as the relatively smaller facility named Yellow Brick Road in Chittenango.

The brand new Point Place tribal casino which launches on 1st March has partnered with the company as well. The new venue located in central New York will offer its players the chance to give their luck a try on some of the most successful devices while the whole process is being managed by Scientific Games’ management solutions.

Some of the offerings which will be implemented in the operation of the venue are the SDS slot management system, TableView table management system, and CMP player-tracking system which are all going to guarantee the smooth operation of the facilities. In terms of marketing solutions, there will also be the Elite Bonusing Suite, as well as the supplier’s iVIEW 4 and iVIEW Display Manager.

 Author: Hannah Wallace

Hannah Wallace has been part of our team since the website was launched. She has a master’s degree in IT.