Welcome to our dedicated page for Sciplay news (Ticker: SCPL), a resource for investors and traders seeking the latest updates and insights on Sciplay stock.
SciPlay Corporation (SCPL) is a leading mobile gaming innovator behind hit titles like Jackpot Party Casino and Bingo Showdown. This page aggregates official announcements and financial updates from the Las Vegas-based developer, providing stakeholders with timely insights into corporate strategy and market position.
Investors and industry observers will find curated updates on earnings reports, product launches, leadership changes, and partnership developments. Our coverage spans SCPL's core operations in social casino gaming and casual titles, tracking both financial performance and creative innovations.
Key updates include quarterly results analysis, new game feature releases, regulatory developments, and strategic initiatives within the Scientific Games ecosystem. All content is sourced from verified corporate communications to ensure compliance with financial disclosure standards.
Bookmark this page for streamlined access to SciPlay's evolving story in the competitive digital entertainment sector. Check regularly for updates that could impact your understanding of the company's market trajectory and operational health.
SciPlay Corporation (NASDAQ: SCPL) reported third-quarter results for 2021, with revenue of $146.6 million, a 3% year-over-year decline. Despite this, net income increased to $37.0 million, driven by lower general expenses. Highlights include a record payer conversion rate of 8.5% and growth in average revenue per daily active user (ARPDAU) to $0.69. Strong performances from Gold Fish® Casino helped offset challenges faced with Jackpot Party® Casino. Looking ahead, SciPlay anticipates returning to sequential growth in the fourth quarter.
SciPlay Corporation (NASDAQ: SCPL) has announced that it will release its third quarter 2021 results on November 9, 2021, after market close. The announcement provides a brief overview of the company's portfolio, highlighting its position as a leading developer and publisher of digital games on mobile and web platforms. SciPlay's offerings include popular social casino games like Jackpot Party® Casino and MONOPOLY Slots. The company continues to enhance its game selection with over 1,500 real-world games from Scientific Games Corporation.
SciPlay Corporation (NASDAQ: SCPL) formed a special committee of independent directors to review a proposal from Scientific Games (NASDAQ: SGMS) regarding the acquisition of SciPlay's remaining 19% equity interest. The proposal, announced on July 15, 2021, suggests an all-stock transaction where SciPlay shareholders would receive 0.250 shares of Scientific Games for each share they own, reflecting an 11% premium based on stock prices as of July 14, 2021. Lazard and Sullivan & Cromwell LLP have been retained as advisors. The Board and Special Committee have yet to make a decision on the proposal.
SciPlay Corporation (NASDAQ: SCPL) reported its Q2 2021 results, revealing $154.0 million in revenue, down 7.0% year-over-year, attributed to eased COVID-19 restrictions. Despite lower overall revenue, there was a 1.9% sequential growth driven by the social casino segment. The company achieved a record payer conversion rate of 8.5% and an all-time high ARPDAU of $0.72. Net income fell to $37.9 million from $48.8 million last year. Cash reserves increased to $300.8 million.
SciPlay Corporation (NASDAQ: SCPL) will announce its second quarter results for the period ending June 30, 2021 on August 9, 2021, prior to market opening. As a premier developer of digital games, SciPlay offers a range of popular social casino and casual games across mobile and web platforms, including Jackpot Party Casino and MONOPOLY Slots. Their offerings also feature over 1,500 iconic titles from Scientific Games Corporation. Investors can access further information on their website.
On July 15, 2021, Scientific Games (NASDAQ: SGMS) proposed an all-stock acquisition of the remaining 19% equity interest in SciPlay (NASDAQ: SCPL) for an enterprise value of $1.9 billion. This move aims to enhance shareholder value and align SciPlay’s growth with Scientific Games' strategy to become a leader in cross-platform gaming. The proposal includes a premium of 11% based on recent stock prices. Scientific Games holds approximately 81% of SciPlay's economic interest and anticipates no regulatory hurdles for transaction completion.
SciPlay Corporation (NASDAQ: SCPL) has acquired Koukoi Games Oy, a Finland-based mobile game developer, effective July 2, 2021. This acquisition aims to enhance SciPlay's casual gaming portfolio and revenue diversification strategy. Koukoi is known for its successful game, Om Nom Run, which has over 30 million downloads. The integration of Koukoi’s technology with SciPlay’s data-driven engine is expected to drive long-term growth. Financial terms were not disclosed, but SciPlay maintains a strong liquidity position of over $400 million with no debt.
SciPlay Corporation (NASDAQ: SCPL) reported strong financial results for Q1 2021, with revenue reaching $151.1 million, a 27.7% increase year-over-year. Net income rose to $37.9 million, showing a 21.9% growth, despite a slight decline in net income margin to 25.1%. Mobile revenue grew by 31.2% to $132.8 million. Key performance metrics highlighted a record payer conversion rate of 8.1% and an ARPDAU increase of 36.7%. Overall, strong execution and diversification efforts signal a promising outlook for shareholder value.
SciPlay Corporation (NASDAQ: SCPL) will announce its first quarter results for the period ending March 31, 2021 on May 10, 2021, before market opening. An investor conference call is set for 9:15 a.m. ET on the same day to discuss these results. Participants are encouraged to pre-register for the call to receive a passcode for immediate access. Call-in details include US Toll Free: +1 (877) 870-4263 and International Toll: +1 (412) 317-0790. A replay will be available for one week following the call.
SciPlay Corporation (NASDAQ: SCPL) reported robust fourth-quarter results with revenue of $147.1 million, up 30.3% year-over-year, and a full-year revenue increase of 25% to $582.2 million. Net income for Q4 reached $31 million, leading to a net income margin of 21.1%. AEBITDA surged 40.2% to $45 million, driven by revenue growth and efficiency. Mobile revenue accounted for 87% of total revenue. The company also announced plans to expand into the casual gaming genre with 'Solitaire Pets Adventure'. Cash reserves rose to $268.9 million, supporting future investments.
