No Deposit Bonus : SlotsLv casino currently is offering everyone a $22 no deposit bonus. New Players Only. Fully Cashable. USA and Canadian Players are welcome. Please see our SlotsLv review page for the no deposit bonus info. SlotsLv Review
Best USA Casino Bonus
Big Casino Bonus : All USA Players Welcome: Bovada Casino the #1 USA Online Casino offering all new signups a $3000 table game and slots bonus + weekly cash back. All new accounts qualify thru our link. No codes needed. For full bonus information please see our Bovada Bonus review.
Scientific Games Corporation has posted its financial results Q1-2015
Friday May 8,2015 : INTERACTIVE OPERATIONS BOOST SCIENTIFIC GAMING QUARTERLY
Solid performance and company on track for $235 million in annual cost savings, but SG is still carrying a heavy debt burden.
Scientific Games Corporation has posted its financial results for the first quarter ended March 31, 2015, reporting the following highlights at group level:
* Revenue up at $658.7 million (Q1-2014: $388.1 million);
* Operating income up at $18.1 million - a major turnaround from Q1-2014's $12.1 million loss;
* Net loss of $86.4 million (Q1-2014: $45 million;
* Capex at $72.1 million (Q1-2014: $59.6 million;
* EBITDA up at $252.1 million (Q1-2014: $122.8 million;
* Cash on hand of $152.2 million (Q1-2014: $171.8 million);
* Total debt slightly down at $8.49 billion (Q1-2014: $8.51 billion).
"In our first full quarter following our merger with Bally, we made significant progress in our strategies to integrate Bally operations and unify our organization," said Gavin Isaacs, president and CEO.
"The process of integrating Bally and Scientific Games is ahead of schedule. Having already implemented actions to achieve approximately $90 million in Bally-related annualized savings through March 31, 2015, we expect to achieve our goal to implement initiatives to generate approximately 80 percent of the anticipated $235 million of annual cost savings and another $30 million of WMS-related annual cost savings by the end of 2015.
"We expect our debt reduction to accelerate in the second half of 2015 and beyond."
In addition to approximately $9.5 million of restructuring and integration costs incurred in the 2015 first quarter, the company expects to incur $20 million to $25 million of additional operating costs to achieve anticipated cost savings and $15 million to $25 million of capital expenditures related to integration efforts during the remainder of 2015.
The company's interactive division reported that revenue increased $16.1 million to $46.9 million, reflecting $7 million of revenue from Bally, as well as an increase in real money gaming revenue and increased DAU for the Jackpot Party and Gold Fish social casino apps, partially offset by a decrease in ARPDAU.
In the social gaming space, average revenue per daily active player (ARPDAU) dipped from 23 US cents to 19 US cents, whilst monthly active users soared 57.1 percent to 7.7 million.
EBITDA significantly increased, reaching $9.9 million (Q1-2014: $3.2 million).
Operating income increased $7.7 million, reflecting the impact of higher revenue and improved scale of the legacy Interactive business, which achieved an $11.3 million increase in operating income, partially offset by a $3.6 million operating loss from Bally.
Operational highlights included the launch of real money gaming products, including premium slots games, with four new customers for desktop and mobile apps, and the entry into Denmark, and an agreement with Penn National Gaming for the deployment of the SG Universe interactive gaming suite of products at four Penn National properties, including our Play4Fun social casino platform.
The company also launched a Quick Hits slot game on the Dragonplay Slots Free Casino app, the company's first Bally social game launch, along with Star Trek slots games on Facebook and other desktop and mobile apps.
USA Online Gamblers. The Best Online Casino with the fastest payouts and highest bonus. Get your Exclusive Bovada Bonus Code now. Up to $4250 in free sign up bonuses. Dont miss out on this limited time special offer.Online Poker, Online Casino and Online SPorts betting all included in this exclusive Bovada Bonus.
Gambling News :
Interwetten 2016 Earnings Results -
Privately-owned online sports betting operator Interwetten delivered robust full year results for the 2016 fiscal period, in which the company has almost achieved doubling its revenues over the past four years, success it attributes to its in-house developed platform
EU Online Gambling Tax Harmoney Dead -
Tax expert says European Court of Justice Attorney General's opinion on UK-Gibraltar litigation signals that EU courts are happy for individual member states to impose their own laws on online gambling.
Jack Lam Facing Big Fines in the Philippines -
It's going to be costly for Macau online gambling and junket tycoon Jack Lam to return to the Philippines following his rather hurried departure last year with allegations of economic sabotage, bribery and tax evasion swirling around him.
PlaySugarHouse To Carry Konami Content -
Content provider Konami will provide its Gypsy Fire and Fortune Stacks slot games to Rush Street Interactive-operated PlaySugarHouse.com on an exclusive basis in the New Jersey real-money online and mobile wagering market.
ITF TERMINATES BETWAY SPONSORSHIP DEAL -
The International Tennis Federation (ITF) has reportedly terminated Betway’s three-year sponsorship partnership as an extension to their anti-match fixing and sports integrity policy.
GSA To Launch European division -
The expansion enables the GSA to better focus on the regional needs of its members outside of North America and underscores its recognition and commitment to growing European membership.
Paddy Power Trading Update -
Company prevails despite adverse sports and US election results; Trump success cost the group GBP 5 million, whilst punter successes took another GBP 40 million in Q4-2016.
Tabcorp SunBets project -
The details were revealed this week in an IT News article quoting Tabcorp's chief information officer, Kim Wenn, who described the SunBets project as Tabcorp's biggest global venture yet.
Please Note : Gambing might not be legal in your area. We bring you www.recentpoker.com as an information and gambling news site only. We hope that you find all the information and gambling news found in www.recentpoker.com to your liking. Please tell your friends about us and visit us again soon.