SciPlay Misses Earnings, Revenue; Officials Tout Games Growth

SciPlay Corp., the mobile games unit spun off from Scientific Games the past spring, reported growing revenue and market-exceeding income growth for its third quarter. But both figures missed Wall Street forecasts. In a statement issued after stock markets closed Thursday, SciPlay, which develops free-play mobile casino games and had its initial public offering in April, said net income was $25 million, or 9 cents per share, in the three months ended Sept, 30, up from net income of $9.2 million, or 41 cents per share, a year earlier.

Read more: Matthew Crowley, CDC Gaming Reports