Scientific Games has reported year-on-year financial growth across all business segments for the 12 months to December 31, 2017.

Revenue amounted to $3.08bn (€2.52bn), which represents an increase of 7%, or $200.2m, on the previous year.

Operating income climbed from $130.6m in 2016 to $393.1m, while net loss also improved from $353.7m to $242.3m in the past 12 months.

However, Scientific Games said that these improvements were partially offset by a $38.1m loss on debt financing transactions and a $139.5m decline in income tax provision “primarily related to a valuation allowance recorded against certain domestic deferred tax assets”.

Elsewhere, adjusted earnings before interest, tax, depreciation and amortisation (AEBITDA) increased 11% year-on-year from $1.10bn to $1.22bn, while net cash from operating activities increased from $419m to $507.1m.

Kevin Sheehan, chief executive and president of Scientific Games, said: “Our results in the fourth quarter 2017 reflect the improvements achieved in revenue, operating income and AEBITDA growth by each of our business segments.

“For 2018, we believe the company is well positioned to continue to grow and build on the success attained in the past year.”

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