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, Oct. 13, 2020 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced today that the Company will participate in the Global Gaming Expo ("G2E") Virtual Experience 2020. Presented by the American Gaming Association ("AGA"), the web-based event will occur...

IGT Presents "A New Journey, Together" at G2E Virtual Experience 2020

LONDON, Oct. 13, 2020 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced today that the Company is leading the evolution of casino operations with its Resort Wallet™ cashless solution at the newly reopened Resorts World Catskills Casino and Resort ("Resorts...

IGT's Resort Wallet Technology Leads Evolution of Cashless Gaming in New York State

Scientific Games

LONDON and LAS VEGAS, Oct. 6, 2020 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) and Scientific Games Corporation ("Scientific Games") (NASDAQ: SGMS) today released the following joint statement regarding the Exclusive Instant Lottery (LOTEX) concession in Brazil:...

IGT and Scientific Games Joint Statement on Brazilian LOTEX Concession

LONDON, Oct. 5, 2020 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced today that it has successfully achieved responsible gaming re-accreditation by the Global Gambling Guidance Group ("G4") for its IGT Gaming and PlayDigital™ operations. This latest...

IGT's Responsible Gaming Leadership Across Multiple Segments Reaffirmed by Independent Assessors

LONDON, Sept. 28, 2020 /PRNewswire/ -- International Game Technology PLC (NYSE: IGT) announced today that its subsidiary, IGT Global Solutions Corporation (hereinafter "IGT"), signed a two-year contract extension with the Minnesota Lottery to continue providing high-performing instant...

IGT Secures Extension to Continue Delivering High-Performing Instant Tickets to the Minnesota Lottery

Game Technology shows improving price performance, earning an upgrade to its IBD Relative Strength Rating

Game Technology Getting Closer To Key Technical Measure

LONDON, Sept. 24, 2020 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced today that the Company expanded its U.S. sports betting footprint to North Dakota with an IGT PlaySports agreement to power retail sports betting at two casinos operated by the Turtle...

IGT to Bring World-Class PlaySports Platform and Services to Casinos in North Dakota

LONDON, Sept. 17, 2020 /PRNewswire/ -- International Game Technology PLC (NYSE: IGT) announced today that its Hexbreaker 3 slots game, PeakBarTop cabinet and PlaySports Bank and PlaySports Pod were all winners of Casino Journal's 2020 "Top 20 Most Innovative Gaming Technology Products...

IGT Sole Gaming Industry Supplier with Three Wins in Casino Journal's 2020 "Top 20 Most Innovative Gaming Technology Products Awards"

International Game Technology's stock has more than doubled from lows due to re-opening of casinos and sports betting momentum.

International Game Technology: Momentum Has Potential To Further Lift The Stock

Game Technology shows improving price performance, earning an upgrade to its IBD Relative Strength Rating
The post Game Technology Trying To Close In On Key Technical Measure appeared first on Investor's Business Daily.

Game Technology Trying To Close In On Key Technical Measure

LONDON, Sept. 8, 2020 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced today that Scott Gunn, the Company's Senior Vice President of Corporate Affairs, will be inducted into the Lottery Industry Hall of Fame as a member of the Class of 2020.

IGT Senior Vice President of Corporate Affairs Scott Gunn Inducted into Lottery Industry Hall of Fame

A Relative Strength Rating upgrade for Game Technology shows it's among stocks with rising relative strength. Will it continue?

Stocks With Rising Relative Strength: International Game Technology

LONDON, Aug. 26, 2020 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced today that it has expanded its PlaySports offering for the U.S.

IGT PlaySports Expands Sports Betting Leadership with Addition of In-House Oddsmaking for U.S. Customers

LONDON, Aug. 19, 2020 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) today announced that it has signed a long-term sports betting technology agreement with leading U.S.

IGT Announces Sports Betting Technology Agreement with Boyd Gaming

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Gaming Industry Outlook: Sports Betting to Drive Growth

LONDON, Aug. 17, 2020 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced today that its subsidiary, IGT Global Solutions Corporation (hereinafter "IGT"), signed a two-year contract extension with the New York Lottery, extending its current contract to August.

IGT Builds Upon Industry Leadership with New York Lottery Contract Extension

International Game Technology PLC (IGT) CEO Marco Sala on Q2 2020 Results - Earnings Call Transcript

Shares of International Game Technology (NYSE:IGT) rose 3.8% in pre-market trading after the company reported Q2 results.

International Game Technology: Q2 Earnings Insights

The new agreement replaces the state-by-state deals the two were forging.

IGT and FanDuel Expand Sports Betting and iGaming Agreement to Entire U.S.

Shares of International Game Technology PLC IGT, -1.98% rallied 6.5% in premarket trading Monday, after the gaming company announced a sports betting and iGaming agreement with FanDuel Group across the U.S.

IGT's stock rallies after 4-year sports betting deal with FanDuel across the U.S.

LONDON, Aug. 3, 2020 /PRNewswire/ -- International Game Technology PLC (NYSE: IGT) today announced that it will boost its momentum in the growing U.S.

IGT and FanDuel Group Strike Multi-Year Sports Betting and iGaming Agreement for Entire U.S. Market

IGT (IGT) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

International Game Technology (IGT) Expected to Beat Earnings Estimates: What to Know Ahead of Q2 Release

LONDON, July 30, 2020 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE:IGT) will host a conference call and live webcast to discuss second quarter 2020 results for the period ended June 30, 2020 on Tuesday, August 4, 2020. Conference call details: Tuesday, August 4, 2020.

International Game Technology PLC to Host Second Quarter 2020 Results Conference Call on Tuesday, August 4, 2020

LONDON, July 29, 2020 /PRNewswire/ -- International Game Technology PLC (NYSE: IGT) today announced that its newest upright cabinet for casino gaming, the PeakSlant49™ gaming machine, has premiered at casinos throughout the U.S. The sleek, performance-driven cabinet is backed by IGT's.

IGT Drives Casino Hardware Innovation with Nationwide Launch of PeakSlant49 Cabinet

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