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.

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Is International Game Technology (IGT) a Great Value Stock Right Now?

LONDON, July 9, 2020 /PRNewswire/ -- International Game Technology PLC (NYSE: IGT) announced that Emerald Queen I-5 Casino is leveraging the IGT ADVANTAGE casino management system ("CMS") and modules to operate its loyalty program, monitor and optimize its casino floor, and perform a...

IGT Wins Casino Management System Contract and Majority of Class III Game Floor Share at Emerald Queen I-5 Casino

LONDON, July 7, 2020 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced today that the Company's video gaming terminals ("VGTs"), CrystalDual® 27 and CrystalSlant™, received approval from the Pennsylvania Gaming Control Board to be added in qualified truck...

IGT Advances Slot Play in Pennsylvania Truck Stops with CrystalDual 27 and CrystalSlant Video Gaming Terminals

LONDON, July 6, 2020 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced today that it successfully launched its next-generation bartop hardware, the PeakBarTop™ cabinet. Guests of Cache Creek Casino Resort in Brooks, Calif., Morongo Casino Resort & Spa in...

IGT Raises the Bar with Launch of PeakBarTop Cabinet

LONDON, July 1, 2020 /PRNewswire/ -- International Game Technology PLC ("IGT" or the "Company") (NYSE: IGT) today announced a new organizational structure focused primarily on two business segments: Global Gaming and Global Lottery. This new structure is designed to: provide greater...

IGT Streamlines Business and Leadership Under New Organizational Structure

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LONDON, June 29, 2020 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced today that a subsidiary (hereinafter "IGT") has entered into an agreement with Swedish lottery operator Svenska Spel Sport & Casino AB to deliver IGT PlayDigital's PlayRGS (remote game...

IGT PlayDigital, PlayRGS Solution, and PlayCasino Content Advance Digital Gaming for Svenska Spel Sport & Casino in Sweden

LONDON, June 22, 2020 /PRNewswire/ -- International Game Technology PLC (NYSE:IGT) ("IGT"), announces the results to date with respect to its capped offer to purchase for cash (the "Tender Offer") its 6.250% Senior Secured Notes due 2022 (the "Notes"). The terms and conditions of the...

International Game Technology PLC Announces Early Results And Increase Of Its Capped Tender Offer With Respect To Its 6.250% Senior Secured Notes Due 2022 And Completion Of Sale Of $750,000,000 5.25% Senior Secured Notes Due 2029

LONDON, June 8, 2020 /PRNewswire/ -- International Game Technology PLC (NYSE:IGT) ("IGT") today announced the successful pricing of $750,000,000 5.25% senior secured notes due 2029 (the "Notes"). Application has been made for the Notes to be listed on the Official List of Euronext Dublin...

International Game Technology PLC Announces Successful Pricing Of $750,000,000 Of Senior Secured Notes

LONDON, June 8, 2020 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced today that it has entered into an agreement to sell 1,250 historical racing machines ("HRMs") to Churchill Downs Incorporated ("CDI"). The HRMs will operate on Ainsworth Game Technology's...

IGT Announces Agreement to Sell 1,250 Historical Horse Racing Machines to Churchill Downs Incorporated

LONDON, June 8, 2020 /PRNewswire/ -- International Game Technology PLC (NYSE: IGT) ("IGT") today announced that it intends to proceed with a benchmark offering of senior secured notes denominated in U.S. Dollars (the "Notes"), subject to customary market and closing conditions (the...

International Game Technology PLC Announces Plans To Issue Senior Secured Notes Denominated In U.S. Dollars

LONDON, June 8, 2020 /PRNewswire/ -- International Game Technology PLC (NYSE:IGT) ("IGT"), announces the launch of an offer to purchase for cash (the "Tender Offer") up to $300,000,000 aggregate principal amount (the "Maximum Acceptance Amount") of its 6.250% Senior Secured Notes due 2022...

International Game Technology PLC Announces Capped Tender Offer With Respect To Its 6.250% Senior Secured Notes Due 2022

LONDON, May 25, 2020 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announces that it has today published its Notice of the 2020 Annual General Meeting ("AGM") and 2019 Annual Report and Accounts for the period from January 1, 2019 to December 31, 2019. IGT provided...

International Game Technology PLC Releases Notice of 2020 Annual General Meeting and 2019 Annual Report and Accounts

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LONDON, May 20, 2020 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced today that its cashless gaming technology is propelling the new era of gaming at Svenska Spel venues throughout Sweden. Through IGT's INTELLIGEN™ systems product utilizing IGTPay™...

IGT Introduces Cashless Gaming in Sweden with IGTPay™ Technology

International Game Technology PLC (IGT) CEO Marco Sala on Q1 2020 Results - Earnings Call Transcript

Shares of International Game Technology (NYSE:IGT) moved higher by 1.0% in pre-market trading after the company reported Q1 results.

International Game Technology: Q1 Earnings Insights

U.K.-based International Game Technology PLC IGT, +8.62% reported a first-quarter adjusted profit that beat expectations but revenue that fell below forecasts, and withdrew its full-year outlook as a result of uncertainties associated with the COVID-19 pandemic.

International Game Technology beats adjusted profit expectations but misses on revenue

LONDON, May 18, 2020 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE:IGT) today reported financial results for the first quarter ended March 31, 2020. Today, at 8:00 a.m. EDT, management will host a conference call and webcast to present the results; access details are...

International Game Technology PLC Reports First Quarter 2020 Results

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