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Widespread wilt:IGT moreover experienced a 72% decrease year-on-year in second-quarter gaming revenues to 6 million due to the closure of casinos and gambling halls around the world alongside the shipment of fewer units and lower software and system sales.million for the second quarter of the year owing to a downturn in business caused by the ongoing coronavirus pandemic. That said, thanks to strong North America lottery performance and our swift adoption of cost-saving and avoidance measures, we delivered better cash flow than we expected back in May....

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The improving trends we are currently seeing are encouraging but we remain prudent with our planning.According to a report from Inside Asian Gaming, the London-headquartered firm saw its adjusted company-wide earnings before interest, tax, depreciation and amortization for the three months to the end of June plummet by 63% year-on-year to 8 million as its overall revenues waned by 48% to hit approximately 7 million. The improving trends we are currently seeing are encouraging but we remain prudent with our planning....

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That said, thanks to strong North America lottery performance and our swift adoption of cost-saving and avoidance measures, we delivered better cash flow than we expected back in May. The firm’s Chief Executive Officer, Marco Sala, purportedly proclaimed that the financial results included a comparable 62% drop in revenues from international markets to million although his operation held ‘ample resources to cover maturities through 2022’ including some .”...
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