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The world developer of innovative games Scientific Games announced the financial results of the first quarter of 2018. First quarter revenue rose 12 percent to $811.8 million, up from $725.4 million in the year ago period, reflecting the inclusion of $49.2 million in revenue from the NYX Gaming Group Limited acquisition along with seven percent growth in lottery revenue and 21 percent growth in social revenue.
Revenues from gaming increased more modestly, by 1% year-on-year to $33m, reflecting a 30% increase in what the company called machine replacement unit shipments offset by the impact from far few new casino openings globally.
EBITDA also rose by 12% year-on-year during the first quarter of 2018, rising to $320.1m from a previous Q1 2017 high of $286.6m, also driven by the inclusion of financials from NYX Gaming Group.
