Scientific Games Corporation (SGC) has published its Q2 trading statement, underlining that COVID-19 has impacted all core business channels, as the company recorded a net operating loss of $198 million.
As previously communicated to markets, the Nasdaq technology group stated that pandemic disruptions have ‘affected comparability to previous trading periods’, as group Q2 revenues dropped from $845 million in Q2 2019 to $539 million.
Noting the severe implications of temporary closures of casino operations globally and a lower level of lottery ticket sales, SGC EBITDA bore the brunt of COVID-19 impacts, declining to $121 million, down from $335 million in Q2 2019.