International Game Technology

International Game Technology PLC engages in the designing, manufacturing, and marketing of electronic gaming equipment, software, and network systems. It operates through the Global Lottery, Global Gaming, and Digital & Betting segments. The Global Lottery segment has responsibility for the worldwide traditional lottery and iLottery business, including sales, operations, product development, technology, and support. The Global Gaming segment includes iGaming, sports betting, sales, product management, studios, global manufacturing, operations, and technology. The Digital & Betting segment has full responsibility for the worldwide iGaming and sports betting activities. The company was founded on July 11, 2014 and is headquartered in London, the United Kingdom.

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IGT reports robust Q4 earnings, eyes growth and investment-grade rating

IGT's Q4 2022 performance showcased financial strength, operational excellence, and market leadership across lotteries, gaming, and digital segments.
While facing challenges like supply chain issues and cost inflation, the company aims for continued growth, improved margins, and investment-grade rating aspirations.
Opportunities lie in revenue expansion, cash flow generation, and strategic capital allocation, positioning IGT for sustained success and shareholder value creation.

IGT reports robust Q1 earnings, eyes M&A and global expansion

IGT's Q1 performance reflects strong revenue growth and margin improvement across key segments, underpinning a positive outlook for the full year.
While facing challenges such as rising labor costs and inflation, IGT remains focused on leveraging opportunities in M&A, product innovation, and market expansion.
The company's innovative product offerings, successful games, and strategic initiatives position it well for sustained growth and value creation in the evolving gaming industry landscape.
With a robust balance sheet, liquidity, and a proactive approach to addressing challenges, IGT demonstrates resilience and adaptability in navigating market dynamics and driving long-term success.

IGT reports strong Q2 earnings, evaluates strategic alternatives for growth

IGT's Q2 2023 earnings call highlighted solid financial performance, with revenue growth and margin improvement. The company is progressing towards its 2025 financial targets and remains focused on strategic initiatives to unlock business value. Despite challenges in the Global Lottery segment, IGT is optimistic about growth opportunities and is actively evaluating strategic alternatives.

IGT posts strong Q3 results, eyes growth amid strategic reviews

IGT's Q3 earnings call highlighted robust financial performance, strategic evaluations in progress, and a focus on growth, innovation, and meeting 2025 targets. Despite challenges in PlayDigital revenue and ongoing strategic reviews, the company remains well-positioned to capitalize on opportunities in the Lottery and Gaming sectors.

IGT reports record-breaking earnings, plans strategic spin-off and merger

IGT delivered strong financial performance in Q4 2023, achieving record-breaking results and demonstrating growth across key segments.
The company's strategic initiatives, including the planned spin-off and merger with Everi, highlight a focus on unlocking portfolio value and optimizing business operations.
While facing challenges in specific markets and potential industry slowdowns, IGT remains optimistic about revenue growth and profitability through international expansion and innovation.
With a solid financial foundation, a focus on talent and technology, and a commitment to long-term growth, IGT is well-positioned to navigate market challenges and capitalize on emerging opportunities.

IGT surpasses Q1 revenue expectations, eyes growth amid challenges

IGT's Q1 2024 showcased robust financial performance, driven by strong revenue growth and margin expansion across key segments.
Despite challenges like weather impacts and ongoing Italy Lotto license tender, the company remains optimistic about future growth prospects.
With upgraded revenue outlook, successful game development, and stable digital business, IGT is poised for continued success in 2024.

IGT sells gaming business, focuses on lottery growth and innovation

IGT's Q2 performance was marked by the sale of gaming and digital business, strong lottery segment growth, and positive outlook for future growth. Despite challenges in sale completion and Italy Lotto renewal, the company remains focused on leveraging opportunities for expansion and maintaining financial stability.

IGT reports solid Q3 performance amidst global sales decline

IGT's Q3 2024 performance reflects solid revenue and EBITDA figures, driven by continuing operations and successful game launches.
While facing challenges in global same-store sales decline, the company demonstrated strengths in lottery industry leadership and iLottery sales growth.
Opportunities lie in optimizing operations post-sale, expanding digital gaming offerings, and leveraging increased production capacity for future growth.
IGT's strategic focus on cost optimization and growth initiatives positions the company well to navigate market challenges and drive long-term success.

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International Game Technology PLC engages in the designing, manufacturing, and marketing of electronic gaming equipment, software, and network systems. It operates through the Global Lottery, Global Gaming, and PlayDigital segments. The Global Lottery segment has responsibility for the worldwide traditional lottery and iLottery business, including sales, operations, product development, technology, and support. The Global Gaming segment includes iGaming, sports betting, sales, product management, studios, global manufacturing, operations, and technology. The PlayDigital segment has full responsibility for the worldwide iGaming and sports betting activities. The company was founded in 1990 and is headquartered in London, the United Kingdom.

LONDON, Jan. 18, 2022 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced today that it furthered its leadership in cashless gaming technologies by completing the final stages of Nevada regulatory approval for its Resort Wallet™ module of the IGT ADVANTAGETM casino management system. With this achievement, IGT's entire cashless gaming solution, which includes the option for one-step external funding via IGTPay™ on personal mobile devices, is approved for deployment throughout the State.

IGT's Award-Winning Resort Wallet Cashless Gaming Technology Achieves Nevada Regulatory Approval

LONDON, Jan. 13, 2022 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced today that the Company recently signed a strategic sports betting agreement with Meruelo Gaming LLC, an affiliate of the SAHARA Las Vegas and Grand Sierra Resort in Reno, Nev., and the Arizona Coyotes (National Hockey League team).

IGT and Meruelo Gaming Form Strategic Sports Betting Partnership

LONDON, Jan. 11, 2022 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced today that it has joined the Science Based Targets initiative (SBTi), which drives climate action among businesses worldwide. Through this commitment, IGT officially pledges to set targets to reduce greenhouse gas (GHG) emissions, contributing to low-carbon emissions and furthering the Company's environmental, social and governance (ESG) impact.

IGT Reinforces ESG Leadership with Commitment to the Science Based Targets Initiative

World Wrestling Entertainment

LONDON, Jan. 6, 2022 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced that it has signed a multi-year exclusive licensing agreement with WWE (NYSE: WWE) to develop and distribute WWE-branded omnichannel lottery games and turnkey promotional programs featuring company logos, Superstars, events and programs.  "The WWE brand has broad appeal that reaches diverse age groups and cultural demographics in many geographies," said Jay Gendron, IGT Chief Operating Officer, Lottery.

IGT Signs Multi-Year Agreement with WWE for Exclusive Licensing Rights to Develop Omnichannel Lottery Games

Churchill Downs

Century Casinos

Despite concerns regarding the pandemic, stocks like International Game Technology (IGT), Century Casinos (CNTY) and Churchill Downs (CHDN) are likely to emerge as winners in 2022.

3 Gaming Stocks to Watch Out For in 2022 Defying Odds

LONDON, Dec. 2, 2021 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced today that its lottery operations, including iLottery, have been recertified by the World Lottery Association ("WLA") for WLA's Corporate Social Responsibility Standards and Responsible Gaming Framework for Suppliers. WLA created the responsible gaming standards to minimize the impact of problem gambling by promoting a worldwide accreditation program for gaming industry operators and suppliers.

IGT Reaffirms Responsible Gaming Leadership with World Lottery Association Certification

LONDON, Nov. 23, 2021 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE:IGT) announced today that it will unveil the first-ever omnichannel Wheel of Fortune® linked progressive for the U.S. at the SBC Summit North America 2021, Nov. 30 – Dec. 2 at the Meadowlands Exposition Center in Secaucus, N.J. This industry-first technology will join additional IGT iGaming and sports betting products in the Company's booth 501.

IGT Unveils First-Ever Omnichannel Wheel of Fortune Linked Progressive for the U.S. at SBC Summit North America 2021

LONDON, Nov. 17, 2021 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced today that it is expanding its sport betting footprint in Arizona via a multi-year agreement with Cliff Castle Casino in Camp Verde, Ariz. IGT PlaySports technology and trading advisory services will power Cliff Castle Casino's retail sportsbook, enabling casino guests to place pre-match and in-game wagers over the counter or at the venue's self-service PlaySports Kiosks.

IGT Adds Cliff Castle Casino to Growing List of Retail Sports Betting Customers

LONDON, Nov. 16, 2021 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE:IGT) will host a virtual Investor Day today at 8:30 am EST, detailing the progress the Company has made over the past two years to build a solid foundation for profitable growth across all business segments, generate robust cash flows, and pursue a disciplined capital allocation strategy. "IGT's industry leadership is built on a legacy of innovation and trust.

International Game Technology PLC Hosting 2021 Investor Day Today

The consensus price target hints at a 26.8% upside potential for IGT (IGT). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Does IGT (IGT) Have the Potential to Rally 27% as Wall Street Analysts Expect?

International Game Technology's (IGT) CEO Marco Sala on Q3 2021 Results - Earnings Call Transcript

International Game Technology PLC (NYSE: IGT) reported third-quarter FY21 revenue growth of 21% year-on-year to $984 million, above the consensus of $981.1 million. Global Lottery revenue grew 14% Y/Y to $652 million as sustained momentum drives 9% global same-store sales growth.

IGT Clocks 21% Revenue Growth In Q3, Declares Dividend

LONDON, Nov. 9, 2021 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE:IGT) today reported financial results for the third quarter ended September 30, 2021. Today, at 8:00 a.m.

International Game Technology PLC Reports Third Quarter 2021 Results

LONDON, Nov. 8, 2021 /PRNewswire/ -- International Game Technology PLC (NYSE:IGT) ("IGT") today announced that it has appointed Gil Rotem as President of iGaming, effective immediately. Reporting to Enrico Drago, IGT CEO Digital & Betting, Rotem is responsible for ensuring the ongoing development and global expansion of the IGT PlayCasino business, which includes iGaming, poker and bingo.

IGT Appoints Gil Rotem as President of iGaming

IGT (IGT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate International Game Technology (IGT) to Report a Decline in Earnings: What to Look Out for

LONDON, Nov. 2, 2021 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced today that it signed a multi-year iGaming content distribution agreement with leading online gaming content creators, Yggdrasil Gaming. The agreement grants IGT exclusive access to a selected number of Yggdrasil Gaming's online games for distribution in the U.S. and Canada where iGaming is permitted.

IGT Signs iGaming Content Distribution Agreement with Yggdrasil Gaming for U.S. and Canada

LONDON, Nov. 1, 2021 /PRNewswire/ -- International Game Technology PLC (IGT) (NYSE: IGT) announced that it has signed a multi-year licensing agreement with Authentic Brands Group (ABG), a global brand development, marketing and entertainment company and owner of the Marilyn Monroe Estate, granting IGT licensing rights to develop and distribute Marilyn Monroe-themed, omnichannel lottery games. In addition to compelling instant tickets, innovative draw-based games and engaging mobile and interactive games, IGT will develop exciting and comprehensive experiences for lottery customers and their players.

IGT Gains Exclusive Omnichannel Lottery Licensing Rights to Marilyn Monroe

LONDON, Nov. 1, 2021 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced today that it has expanded its sports betting market opportunities in Puerto Rico via a multi-year PlaySports technology and services agreement with The Stadium LLC.  The Stadium LLC owns and operates WinIn, a Puerto-Rico based entertainment company that has partnerships with leading eSports companies and the top baseball league in the region, Liga de Béisbol Profesional Roberto Clemente, that plans to expand into the recently regulated sports betting market in Puerto Rico.

IGT PlaySports Expands Market Opportunities in Puerto Rico as WinIn's Sports Betting Technology and Services Provider

LONDON, Oct. 28, 2021 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced today that it has expanded its PlayCasino footprint to the Netherlands via a multi-year content agreement with Holland Casino, the leading gaming operator in the country. IGT PlayCasino games such as Icy Wilds™, Scarab® and Fortune Coin!

IGT Expands PlayCasino Footprint to the Netherlands with Holland Casino's iGaming Launch

LONDON, Oct. 27, 2021 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced today that it has released its global Responsible Gaming Policy. The policy was created to transparently inform and educate all relevant stakeholders about IGT's worldwide programs and solutions designed to promote fair play and comply with requirements and regulations on responsible gaming in all jurisdictions in which the Company operates.

IGT Demonstrates Leading Commitment to Player Protection with its Global Responsible Gaming Policy

LONDON, Oct. 26, 2021 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) will host a virtual Investor Day on Tuesday, November 16, 2021, at 8:30 a.m. Eastern Time.

International Game Technology PLC to Host Virtual Investor Day

LONDON, Oct. 20, 2021 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE:IGT) will host a conference call and live webcast to discuss third quarter 2021 results for the period ended September 30, 2021 on Tuesday, November 9, 2021. Conference call details: Tuesday, November 9, 2021 8:00 a.m.

International Game Technology PLC to Host Third Quarter 2021 Results Conference Call on Tuesday, November 9, 2021

LONDON, Oct. 5, 2021 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced today that its Resort Wallet™ and IGTPay™ modules of the IGT ADVANTAGE™ casino management system continued their award winning streak after being named "Product Innovation of the Year" yesterday in the 2021 Global Gaming Awards Las Vegas. The Global Gaming Awards Las Vegas program is held each year in conjunction with the Global Gaming Expo ("G2E") and recognizes and rewards the gaming industry's strongest performers of the previous year.

IGT Resort Wallet and IGTPay Cashless Technologies Named "Product Innovation of the Year" in 2021 Global Gaming Awards Las Vegas

LONDON, Oct. 4, 2021 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced today that its CrystalBetting™ Terminal with multigame content won Gold in the "Best Consumer-Service Technology" category of the 2021 GGB Gaming & Technology Awards. IGT recently named this unique hardware and software combination, IGT's CrystalFlex.

IGT's CrystalBetting Terminal with Multigame Content Wins Gold in 2021 GGB Gaming & Technology Awards

International Game Technology PLC (NYSE: IGT) subsidiary, IGT Canada Solutions ULC, has signed a five-year contract extension with Alberta Gaming, Liquor, and Cannabis (AGLC). IGT will deliver an enhanced version of its INTELLIGEN systems software and continue to be the AGLC's central systems provider.

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