Others

Scientific Games Reports Fourth Quarter and Full Year 2020 Results

Tuesday 02 de March 2021 / 09:16

⏱ 1 min read

(Las Vegas).- Scientific Games Corporation reported results for the fourth quarter and full year ended December 31, 2020.

Scientific Games Reports Fourth Quarter and Full Year 2020 Results

Sequential improvement in consolidated results, record full year revenue at SciPlay, Lottery and DigitalStrong execution across diverse portfolio, continued to make operational progress against strategyDisciplined cost and balance sheet managementGenerated $159 million of operating cash flow and $72 million of free cash flow

Barry Cottle, CEO and President of Scientific Games, said, "While 2020 certainly had unforeseen challenges, I couldn't be more proud of our team for successfully navigating through them. The strong execution coupled with the diversity of our business enabled positive cash flow. As we start off the year, I am truly excited about the team, products, and game franchises that should enable share gains, deal wins, and opportunities to enter new genres. The executive team and our Board are working purposefully to transform our Company, capitalize on the evolving industry trends and deliver outsized returns to our Shareholders."

Michael Eklund, Chief Financial Officer of Scientific Games, added, "We continued to execute, having driven cash flow improvements in the fourth quarter despite a number of COVID-19 related restrictions to our land-based business. The focus remains on disciplined cost and balance sheet management. I'm confident in the opportunities for operational and business process improvements that will drive increased cash flow conversion and deleveraging, leading to increased stakeholder value."

MORE INFORMATION

Categoría:Others

Tags: Sin tags

País: United States

Event

SBC Summit 2026

29 de September 2026

Eeze Drives Latin American Expansion After SBC Summit 2026

(Lisbon, SoloAzar Exclusive).- Diego Verano, Business Development Director at Eeze, discussed the company's participation in SBC Summit 2026, the business opportunities that emerged during the event, and Latin America's growth potential. He also highlighted the reception of Eeze's products, the presentation of Fortune Drop, and the company's priorities for consolidating its international expansion ahead of 2027.

Monday 19 Oct 2026 / 12:00

The Future of Sports Engagement Beyond the Court

The SBC Summit in Lisbon highlighted how technology is transforming the relationship between sports and fans. In this column, Robson Silveira, Senior Sales Executive at Sportradar, explores the role of artificial intelligence, real-time data, and innovation in creating more immersive and personalized experiences for sports audiences.

Friday 16 Oct 2026 / 12:00

Ninja Gaming Focuses on Innovation and Global Growth After SBC Summit

(Lisbon, SoloAzar Exclusive).- Natalia Arredondo Fredes, Marketing Manager at Ninja Gaming, highlighted the company's focus on in-house game development, strategic partnerships, and international expansion following its participation as an exhibitor at SBC Summit 2026. The event provided an opportunity to showcase its gaming portfolio, connect with operators and industry professionals, and explore new business opportunities across Europe, Latin America, and Asia.

Friday 16 Oct 2026 / 12:00