v3.25.2
Revenue Recognition
 6 Months Ended
Jun. 30, 2025
Revenue from Contract with Customer [Abstract]  
Revenue Recognition
The following table disaggregates our revenues by type within each of our reportable business segments:
Three Months Ended June 30,Six Months Ended June 30,
2025202420252024
Gaming
Gaming operations$209 $175 $382 $340 
Gaming machine sales191 228 398 433 
Gaming systems73 82 136 142 
Table products55 54 106 101 
Total$528 $539 $1,022 $1,016 
SciPlay
Third-party platforms and other(1)
$165 $181 $339 $375 
Direct-to-consumer platforms35 24 63 36 
Total$200 $205 $402 $411 
iGaming$81 $74 $158 $148 
(1) Other primarily represents advertising revenue, which was not material for the periods presented.
Grover revenues are generated by providing customers with access to proprietary electronic pull tabs equipment and content for which consideration is based upon a percentage of gross gaming revenue, with variability generally resolved in the reporting period. For these contracts with customers, we generally transfer control and recognize revenue over time based on the amount we expect to receive and classify such revenue as gaming operations revenue. Payments from customers under these contracts are typically due on a monthly or more frequent basis.
The amount of rental income revenue included in services revenue within the consolidated statement of operations that is outside the scope of ASC 606 was $151 million and $289 million for the three and six months ended June 30, 2025, respectively, and $136 million and $263 million for the three and six months ended June 30, 2024, respectively.
Contract Liabilities and Other Disclosures
The following table summarizes the activity in our contract liabilities for the reporting period:
Six Months Ended June 30, 2025
Contract liability balance, beginning of period(1)
$21 
Liabilities recognized during the period15 
Amounts recognized in revenue from beginning balance(12)
Contract liability balance, end of period(1)
$24 
(1) Contract liabilities are included within Accrued liabilities and Other long-term liabilities in our consolidated balance sheets.
The timing of revenue recognition, billings and cash collections results in billed receivables, unbilled receivables (contract assets), and customer advances and deposits (contract liabilities) on our consolidated balance sheets. Other than contracts with customers with financing arrangements exceeding 12 months, revenue recognition is generally proximal to conversion to cash. The following table summarizes our balances in these accounts for the periods indicated (other than contract liabilities disclosed above):
Receivables
Contract Assets(1)
Beginning of period balance$682 $43 
End of period balance, June 30, 2025
736 45 
(1) Contract assets are included primarily within Prepaid expenses, deposits and other current assets in our consolidated balance sheets.
As of June 30, 2025, we did not have material unsatisfied performance obligations for contracts expected to be long-term or contracts for which we recognize revenue at an amount other than that for which we have the right to invoice for goods or services delivered or performed.