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Scientific Games Corporation has reported its Q4 and FY 2015 results

Friday, February 26, 2016 : SCIENTIFIC GAMES REPORTS RESULTS
 
Interactive division again turns in an impressive performance.
 
Scientific Games Corporation has reported its Q4 and FY 2015 results, noting that Q4-2015 revenue grew 10 percent quarter on quarter to $737 million driven by increased land machine orders and an 18 percent q-o-q increase in interactive revenue to $60 million.
 
Q4 EBITDA rose to $293 million on margin of 40 percent, whilst over the full year it increased to $1.075 billion.
 
Unusual pre-tax charges of $137 million resulted in a Q4 net loss of $128 million, whilst the net loss over the full year was $1.394 billion, including the impact of $1.271 billion of unusual pre-tax charges.
 
The acquisition of Bally Tech in late 2014 boosted total group revenues to $2.8 billion over the full 2015 year, whilst group operating profit was $1.1 billion for the year and $293 million for the fourth quarter on margin of 40 percent.
 
Management reported that over the year cost synergies benefited the bottom line by $231 million, and total debt declined by $33 million. As of December 31, 2015, the company's cash and availability under the revolving credit facility totalled $583 million.
 
"2015 was a transformational year for Scientific Games, culminating in a strong finish for our fourth quarter operating results," said Gavin Isaacs, Scientific Games' President and Chief Executive Officer.
 
"We completed the heavy lifting of integration, benefited from $231 million of implemented annualized cost synergies, and built a strong foundation for our future.
 
"We are one company, with one mission and three strong businesses, offering the broadest product portfolio in the industry."



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Is there a place for AI in poker? - If you are into the technology, you have certainly heard about Artificial Intelligence (AI) at least a few times. The word has become even more popular over the course of the last few years, especially with an introduction of another buzz word

MLB Odds: Mets vs. Dodgers - Injuries have kept the New York Mets (31-37, –14.14 betting units) from being all they can be this year, but they expect to have Steven Matz on the mound for Wednesday’s game against fellow southpaw Rich Hill and the Los Angeles Dodgers (44-26, +7.56 units). First pitch from Chavez Ravine is 10 PM ET on ESPN.

NBA Odds: Warriors Down Cavs in Game 5, Reclaim Title - It took a game longer than they would have liked, but the Golden State Warriors are once again the NBA champions. They beat the Cleveland Cavaliers 129-120 Monday night to eliminate the Cavs (+9 away) in five games and reclaim the Larry O’Brien Championship Trophy.

Vikings’ Victory Slot Launches - The game’s impressive graphics take you to the sea side, where a longship sits beyond the reels. Mountains and trees make up the background, and smoke can be seen billowing from beyond the screen. The five reels are on a sail, with 25 paylines marked by red flags.

50 WSOP Seat Satellite - Sunday, July 2nd at 3pm ET, two just days before the Fourth of July holiday, Americas Cardroom is running a 50-seat qualifier to the 2017 WSOP Main Event in Las Vegas.

NHL Odds: Series Tied Heading Back to Pittsburgh - As quickly as Pekka Rinne lost his game in Pittsburgh, he found it again in Nashville. After Game 2, there were murmurings that Rinne wouldn’t start the next game. Predators Head Coach Peter Laviolette decided to stick with his goaltender, however, and Rinne led his team to two consecutive victories at home while stopping 50 of 52 shots.

Huge Win at Bitstarz Casino - There has been plenty of big wins being landed at BitStarz lately, and yesterday, it was time again. Surprisingly it was yet another Amatic game that made one lucky player extra happy as he raked in an incredible $112,402 during an evening of intense playing.

Beautiful Bones is the latest game release from Microgaming - Beautiful Bones is a five reel, 243 ways to win, visually superb slot. The Day of the Dead-inspired slot features vibrant and elaborately decorated reels, which truly bring this game to life.

NBA Odds: Can Warriors Keep up the Pace in Cleveland? - The Cleveland Cavaliers head back home down 0-2 in the 2017 NBA Finals after losing the first two games straight up and against the spread to the Golden State Warriors by wide margins. Game 3 is Wednesday at 9 PM ET on ABC.

ACR Buck Hunt Promotion : 2017 WSOP Seats - The Hunt for WSOP Seats is on with Americas Cardroom's Buck Hunt Promotion

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