{"id":264,"date":"2024-06-27T18:44:04","date_gmt":"2024-06-27T15:44:04","guid":{"rendered":"https:\/\/goldenladycasinonodepositbonus.icu\/2024\/06\/27\/scientific-games-revenue-plunges-in-2020-amidst-casino-closures\/"},"modified":"2024-06-27T18:44:04","modified_gmt":"2024-06-27T15:44:04","slug":"scientific-games-revenue-plunges-in-2020-amidst-casino-closures","status":"publish","type":"post","link":"https:\/\/goldenladycasinonodepositbonus.icu\/2024\/06\/27\/scientific-games-revenue-plunges-in-2020-amidst-casino-closures\/","title":{"rendered":"Scientific Games Revenue Plunges in 2020 Amidst Casino Closures"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/JeIiqhB2PUI\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>Scientific Games Corporation (SG) experienced a significant decline in revenue in 2020, plummeting nearly 20% to $2.72 billion. This downturn was primarily attributed to the closure of casinos and the subsequent reduction in game sales. However, the company witnessed an increase in revenue from online and social gaming, which provided some mitigation.<\/p>\n<p>The company&#8217;s service revenue also decreased, dropping 12.7% to $1.59 billion. Product sales experienced a more substantial decline, falling 44.4% to $553 million. Instant game sales saw a modest decrease of 1.9% to $578 million.<\/p>\n<p>Scientific Games&#8217; expenses decreased slightly, down 5.4% to $2.7 billion, resulting in a modest surplus over revenue.<\/p>\n<p>These expenses included $531 million for service sales, $349 million for product sales, and $280 million for instant games.<\/p>\n<p>The company reduced spending on marketing and administration, down 0.9% to $701 million. Research and development expenses, as well as depreciation and impairment costs, also saw reductions.<\/p>\n<p>However, Scientific Games recorded a $54 million write-off due to a failed investment and incurred significantly higher restructuring and other costs, increasing 139.3% to $67 million.<\/p>\n<p>As a consequence of these factors, the company&#8217;s profit dwindled to a mere $22 million, representing a substantial 96% decrease. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Scientific Games Corporation (SG) experienced a significant decline in revenue in 2020, plummeting nearly 20% to $2.72 billion. This downturn was primarily attributed to the [&#8230;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Scientific Games Revenue Plunges in 2020<\/title>\n<meta name=\"description\" content=\"Scientific Games revenue took a hit in 2020, with casino closures impacting game sales. However, online and social gaming saw growth.\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/goldenladycasinonodepositbonus.icu\/2024\/06\/27\/scientific-games-revenue-plunges-in-2020-amidst-casino-closures\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:type\" content=\"article\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:title\" content=\"Scientific Games Revenue Plunges in 2020 Amidst Casino Closures\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:description\" content=\"Scientific Games revenue took a hit in 2020, with casino closures impacting game sales. However, online and social gaming saw growth.\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:url\" content=\"https:\/\/goldenladycasinonodepositbonus.icu\/2024\/06\/27\/scientific-games-revenue-plunges-in-2020-amidst-casino-closures\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:site_name\" content=\"Your Premier Choice for Licensed Online Casino Entertainment\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-27T15:44:04+00:00\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"author\" content=\"admin\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" class=\"yoast-seo-meta-tag\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/goldenladycasinonodepositbonus.icu\/2024\/06\/27\/scientific-games-revenue-plunges-in-2020-amidst-casino-closures\/\",\"url\":\"https:\/\/goldenladycasinonodepositbonus.icu\/2024\/06\/27\/scientific-games-revenue-plunges-in-2020-amidst-casino-closures\/\",\"name\":\"Scientific Games Revenue Plunges in 2020\",\"isPartOf\":{\"@id\":\"https:\/\/goldenladycasinonodepositbonus.icu\/#website\"},\"datePublished\":\"2024-06-27T15:44:04+00:00\",\"dateModified\":\"2024-06-27T15:44:04+00:00\",\"author\":{\"@id\":\"https:\/\/goldenladycasinonodepositbonus.icu\/#\/schema\/person\/7fe3f8540cfe191b1464d5c1c2f0a7f0\"},\"description\":\"Scientific Games revenue took a hit in 2020, with casino closures impacting game sales. However, online and social gaming saw growth.\",\"breadcrumb\":{\"@id\":\"https:\/\/goldenladycasinonodepositbonus.icu\/2024\/06\/27\/scientific-games-revenue-plunges-in-2020-amidst-casino-closures\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/goldenladycasinonodepositbonus.icu\/2024\/06\/27\/scientific-games-revenue-plunges-in-2020-amidst-casino-closures\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/goldenladycasinonodepositbonus.icu\/2024\/06\/27\/scientific-games-revenue-plunges-in-2020-amidst-casino-closures\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/goldenladycasinonodepositbonus.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Scientific Games Revenue Plunges in 2020 Amidst Casino Closures\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/goldenladycasinonodepositbonus.icu\/#website\",\"url\":\"https:\/\/goldenladycasinonodepositbonus.icu\/\",\"name\":\"Your Premier Choice for Licensed Online Casino Entertainment\",\"description\":\"Stay on top of the online gambling world through our fresh casino news, in-depth game reviews, and informative insights. Experience the best of licensed gaming at our platform.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/goldenladycasinonodepositbonus.icu\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/goldenladycasinonodepositbonus.icu\/#\/schema\/person\/7fe3f8540cfe191b1464d5c1c2f0a7f0\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/goldenladycasinonodepositbonus.icu\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/freecashbonusnodepositcasino.icu\/wp-content\/uploads\/sites\/8\/2024\/06\/sticker-fox-96x96.png\",\"contentUrl\":\"https:\/\/freecashbonusnodepositcasino.icu\/wp-content\/uploads\/sites\/8\/2024\/06\/sticker-fox-96x96.png\",\"caption\":\"admin\"},\"description\":\"This talented writer and mathematician holds a Ph.D. in Applied Mathematics and a Masters in Probability Theory. With a deep understanding of the intricacies of casino games, they have published numerous articles on game theory, probability, and combinatorics in relation to gambling. Their expertise in discrete mathematics and stochastic processes has made them a sought-after consultant for licensed casinos worldwide. Their articles, reviews, and news pieces provide valuable insights into the world of casino gaming.\",\"sameAs\":[\"http:\/\/theworldcasino.vip\"],\"url\":\"https:\/\/goldenladycasinonodepositbonus.icu\/author\/ezvhu8xt\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Scientific Games Revenue Plunges in 2020","description":"Scientific Games revenue took a hit in 2020, with casino closures impacting game sales. However, online and social gaming saw growth.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/goldenladycasinonodepositbonus.icu\/2024\/06\/27\/scientific-games-revenue-plunges-in-2020-amidst-casino-closures\/","og_locale":"en_GB","og_type":"article","og_title":"Scientific Games Revenue Plunges in 2020 Amidst Casino Closures","og_description":"Scientific Games revenue took a hit in 2020, with casino closures impacting game sales. However, online and social gaming saw growth.","og_url":"https:\/\/goldenladycasinonodepositbonus.icu\/2024\/06\/27\/scientific-games-revenue-plunges-in-2020-amidst-casino-closures\/","og_site_name":"Your Premier Choice for Licensed Online Casino Entertainment","article_published_time":"2024-06-27T15:44:04+00:00","author":"admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin","Estimated reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/goldenladycasinonodepositbonus.icu\/2024\/06\/27\/scientific-games-revenue-plunges-in-2020-amidst-casino-closures\/","url":"https:\/\/goldenladycasinonodepositbonus.icu\/2024\/06\/27\/scientific-games-revenue-plunges-in-2020-amidst-casino-closures\/","name":"Scientific Games Revenue Plunges in 2020","isPartOf":{"@id":"https:\/\/goldenladycasinonodepositbonus.icu\/#website"},"datePublished":"2024-06-27T15:44:04+00:00","dateModified":"2024-06-27T15:44:04+00:00","author":{"@id":"https:\/\/goldenladycasinonodepositbonus.icu\/#\/schema\/person\/7fe3f8540cfe191b1464d5c1c2f0a7f0"},"description":"Scientific Games revenue took a hit in 2020, with casino closures impacting game sales. However, online and social gaming saw growth.","breadcrumb":{"@id":"https:\/\/goldenladycasinonodepositbonus.icu\/2024\/06\/27\/scientific-games-revenue-plunges-in-2020-amidst-casino-closures\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/goldenladycasinonodepositbonus.icu\/2024\/06\/27\/scientific-games-revenue-plunges-in-2020-amidst-casino-closures\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/goldenladycasinonodepositbonus.icu\/2024\/06\/27\/scientific-games-revenue-plunges-in-2020-amidst-casino-closures\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Homepage","item":"https:\/\/goldenladycasinonodepositbonus.icu\/"},{"@type":"ListItem","position":2,"name":"Scientific Games Revenue Plunges in 2020 Amidst Casino Closures"}]},{"@type":"WebSite","@id":"https:\/\/goldenladycasinonodepositbonus.icu\/#website","url":"https:\/\/goldenladycasinonodepositbonus.icu\/","name":"Your Premier Choice for Licensed Online Casino Entertainment","description":"Stay on top of the online gambling world through our fresh casino news, in-depth game reviews, and informative insights. Experience the best of licensed gaming at our platform.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/goldenladycasinonodepositbonus.icu\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-GB"},{"@type":"Person","@id":"https:\/\/goldenladycasinonodepositbonus.icu\/#\/schema\/person\/7fe3f8540cfe191b1464d5c1c2f0a7f0","name":"admin","image":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/goldenladycasinonodepositbonus.icu\/#\/schema\/person\/image\/","url":"https:\/\/freecashbonusnodepositcasino.icu\/wp-content\/uploads\/sites\/8\/2024\/06\/sticker-fox-96x96.png","contentUrl":"https:\/\/freecashbonusnodepositcasino.icu\/wp-content\/uploads\/sites\/8\/2024\/06\/sticker-fox-96x96.png","caption":"admin"},"description":"This talented writer and mathematician holds a Ph.D. in Applied Mathematics and a Masters in Probability Theory. With a deep understanding of the intricacies of casino games, they have published numerous articles on game theory, probability, and combinatorics in relation to gambling. Their expertise in discrete mathematics and stochastic processes has made them a sought-after consultant for licensed casinos worldwide. Their articles, reviews, and news pieces provide valuable insights into the world of casino gaming.","sameAs":["http:\/\/theworldcasino.vip"],"url":"https:\/\/goldenladycasinonodepositbonus.icu\/author\/ezvhu8xt\/"}]}},"_links":{"self":[{"href":"https:\/\/goldenladycasinonodepositbonus.icu\/wp-json\/wp\/v2\/posts\/264"}],"collection":[{"href":"https:\/\/goldenladycasinonodepositbonus.icu\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goldenladycasinonodepositbonus.icu\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goldenladycasinonodepositbonus.icu\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/goldenladycasinonodepositbonus.icu\/wp-json\/wp\/v2\/comments?post=264"}],"version-history":[{"count":0,"href":"https:\/\/goldenladycasinonodepositbonus.icu\/wp-json\/wp\/v2\/posts\/264\/revisions"}],"wp:attachment":[{"href":"https:\/\/goldenladycasinonodepositbonus.icu\/wp-json\/wp\/v2\/media?parent=264"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goldenladycasinonodepositbonus.icu\/wp-json\/wp\/v2\/categories?post=264"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goldenladycasinonodepositbonus.icu\/wp-json\/wp\/v2\/tags?post=264"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}