Welcome to our dedicated page for International Game Technology news (Ticker: IGT), a resource for investors and traders seeking the latest updates and insights on International Game Technology stock.
International Game Technology (IGT) delivers cutting-edge gaming solutions across lottery systems, digital wagering platforms, and regulated sports betting markets worldwide. This page provides official updates and press releases essential for understanding the company's strategic direction.
Access real-time announcements on financial results, product innovations, and regulatory milestones. Investors and industry professionals will find curated information spanning earnings reports, technology partnerships, new market entries, and corporate responsibility initiatives.
All content is verified for accuracy and relevance to IGT's core operations in gaming machines, omnichannel systems, and government-regulated lottery services. Bookmark this page for efficient tracking of developments impacting global gaming markets and IGT's position as an industry leader.
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IGT reports strong financial performance in Q4 2023 with revenue of $1.1 billion, operating income up 11%, and full-year revenue of $4.3 billion, a 2% increase. The company achieved record profits and expects revenue of $4.3-$4.4 billion for 2024. IGT plans to split its business to create separate lottery and gaming companies.
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IGT and Everi announce a strategic business combination creating a comprehensive global gaming and fintech enterprise. The deal values the combined businesses at approximately $6.2 billion with IGT shareholders expected to own 54% and Everi stockholders 46% of the new entity. Key benefits include a diverse product portfolio, projected pro forma 2024 revenue of $2.7 billion, and $85 million in cost savings. The transaction is expected to close in late 2024 or early 2025.
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IGT receives a gold medal sustainability rating from EcoVadis, placing it in the top five percent of global companies assessed. The assessment highlights IGT's strong performance in environment, ethics, and sustainable procurement.
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International Game Technology PLC (IGT) will host a conference call and live webcast to discuss fourth-quarter and full-year 2023 results on March 12, 2024. Participants can pre-register for the call and access the webcast on IGT's Investor Relations website.
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IGT wins 'Lottery Product of the Year' for the second consecutive year at the International Gaming Awards and named 'Best Diversity and Inclusion Employer' for the third consecutive year at the European Casino Awards. The company showcases leadership in delivering elevated interactive lottery experiences and commitment to creating an inclusive workplace.
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IGT extends contract with UAB Perlas Network for an additional 12 years until 2035, providing upgrades to the Lottery's central retail system with advanced software and user interfaces. The technology enhancements aim to optimize and elevate the country's lottery games, backed by IGT's decades of industry leadership and experience. The upgraded technology will introduce an administration portal to improve efficiencies and maximize profitability. IGT is the primary technology provider to 25 lotteries in the U.S., eight of the world's largest 10 lotteries, and 16 of the world's top 25 lotteries.
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International Game Technology PLC (IGT) announced its participation in ICE London 2024, showcasing a comprehensive portfolio of gaming solutions and products. The event will feature more than 125 gaming machines, next-generation systems, iLottery solutions, and IGT PlayDigital's iGaming and sports betting innovation. The company aims to demonstrate its leadership in research-driven gaming solutions that generate player excitement and propel growth.
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IGT's subsidiary, IGT Canada Solutions ULC, signed an agreement with Loto-Québec to deliver PeakDual™ 27 Video Lottery Terminals across Québec through a multi-year, phased rollout. The agreement is part of Loto-Québec's VLT replacement cycle. The sleek terminal features an ergonomic design, high-definition monitors, and a digital player panel. IGT's PeakDual 27 VLTs will house a variety of proven games and new-to-the-market games. IGT is the primary technology provider to 25 lotteries in the U.S., eight of the world's largest 10 lotteries, and 16 of the world's top 25 lotteries.
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IGT (NYSE: IGT) received an MSCI ESG rating of AAA, demonstrating sustainability leadership with a year-over-year score increase. The company excelled in governance, product safety and quality, carbon emissions, and labor management. The rating reflects IGT's commitment to enhancing sustainability through Sustainable Play initiatives.
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IGT announces a three-year contract extension with the Virginia Lottery, involving the upgrade of the lottery central system, retail point-of-sale terminals, and communications network. The contract will run through October 2033, with additional extension options. IGT will provide new hardware and gameplay features with a target live date of October 2025. The upgrade aims to modernize lottery offerings, drive sales growth, and generate revenue for Virginia's K-12 public education.
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International Game Technology
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