A net loss of US$290m, most of which ($220m) is of net foreign exchange loss, has been reported by IGT in its second-quarter results.
Marco Sala, CEO, said: "Our second-quarter results reflect strong key performance indicators for both our global lottery and gaming businesses. Lottery growth is benefiting from innovation and effective sales and product marketing initiatives.
“In gaming, the global installed base was up and unit sales of gaming machines were higher, as were average selling prices, all supported by strong demand for new cabinets. Overall, we are pleased with the results of the first half, and we expect a more robust product offer to support stronger sales and profit levels in the second half of the year."
Adjusted net income was $31m and adjusted EBITDA $424m. The net debt was $6.9bn, down from $7.5bn at the end of 2016.
