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International Game Technology Stock Price, News & Analysis

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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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International Game Technology (IGT) has launched its new RISE55 cabinet across US casinos, featuring a 55-inch ultra-HD curved display with enhanced audio and player comfort features. The cabinet debuted with Magic Treasures Gold, a multi-level progressive game offering two base game themes (Emperor and Empress) with unique bonus events and five jackpot levels. The RISE55 rollout began in late May 2025, with additional deployments planned throughout summer. IGT has also released for-sale core titles on the platform, including Treasure Blast and Wolf Run Wild Moon. The launch represents a significant expansion of IGT's hardware portfolio, designed to enhance player engagement and casino operations.
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IGT-led consortium LottoItalia has been selected as the proposed winner for the prestigious Italy Lotto License through November 2034. The consortium includes Allwyn, Arianna 2001, and Novomatic Italia. The deal involves a €2,230 million upfront license fee payable in three installments: €500 million and €300 million in 2025, with the remaining balance due in 2026. The nine-year license features a 6% concession rate on total wagers and an additional 8% gross fee for digital channel distribution. IGT will maintain operational control and plans to expand into Italian B2C iCasino, sports betting, and digital gaming while growing iLottery sales.
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IGT (NYSE: IGT) has secured the "Best Casino Supply" award at the 2025 G2E Asia Awards, highlighting its success in the Asian gaming market. The award particularly recognizes the outstanding performance of IGT's Rising Rockets Link, a multi-level progressive game that has become the company's highest-performing product in the region.

The game, available on IGT's CrystalCurve™49 and PeakCurve™49 cabinets, combines proven mechanics with strong mathematical design. The G2E Asia Awards, now in their 16th year, are judged by industry experts and celebrate excellence in Asia's gaming and entertainment sector.

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David Vaughan Investments (DVI) has appointed Christopher Spears, Executive Vice President and General Counsel of International Game Technology (NYSE: IGT), to its Board of Managers. Spears, who joined IGT in 2017, brings extensive experience in SEC compliance, mergers and acquisitions, governance, and business strategy. Prior to IGT, he held senior legal roles at Caterpillar Inc. DVI, an investment advisory firm with $5.5 billion in assets under advisement as of December 2024, operates from Peoria, Illinois, and Winter Park, Florida. The firm established a partnership with Hometown Community Bancorp in 2017 and provides asset management services to high-net-worth individuals and institutional investors.

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IGT reported Q1 2025 financial results showing revenue of $583 million, down 12% from $661 million in Q1 2024. The company posted income from continuing operations of $8 million with a 1.4% margin, significantly lower than $116 million in the prior year. Adjusted EBITDA was $250 million with a 42.8% margin. The decline was primarily attributed to lower U.S. multi-state jackpot activity and product sales timing. Despite challenges, IGT maintained strong cash conversion with $2.2 billion in total liquidity. The company revised its 2025 outlook to the lower end of previous guidance, now expecting revenue of approximately $2.55 billion and Adjusted EBITDA of $1.10 billion. IGT declared a quarterly cash dividend of $0.20 per common share, payable on June 12, 2025.
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IGT (NYSE: IGT) has expanded its PlaySports technology presence in Washington State by launching retail sports betting services at Silver Reef Casino Resort in Ferndale. This marks IGT PlaySports' 11th casino partnership in Washington State for its sports betting platform and 10th casino for trading advisory services. The partnership aims to enhance Silver Reef Casino's sports betting offering through IGT's proven technology and experienced trading advisory team. IGT PlaySports, recognized as the "Sportsbook Platform Provider of the Year" at the 2024 EGR North America Awards, continues to strengthen its position as a leading B2B sports betting supplier in North America.

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IGT (NYSE: IGT) has secured a multi-year systems agreement with Red Earth Casino in Thermal, California, replacing their existing casino management system with IGT's ADVANTAGE™ CMS. The partnership includes a comprehensive floor-wide systems hardware upgrade featuring advanced AVENTO™ capabilities, W2G Accrual and Mobile Responder modules, and the M5 content management platform. The implementation will incorporate IGT's latest systems advancements, including the new FloorNet architecture with "message bus" design for enhanced system performance and IGT SystemWatch™ for 24/7 monitoring.

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IGT (NYSE: IGT) has announced the US debut of its Wheel of Fortune DiamondRS Premium Wheel cabinet at Sky River Casino in California and Mohegan Sun in Connecticut. The new mechanical-reel cabinet features innovative technology including a 20-inch physical wheel, 32-inch LCD top box, and 23-inch transmissive display with IGT Diamond Glass™.

The cabinet launches with two games: Wheel of Fortune Cash Link™ Reels Double Diamond™ and Wheel of Fortune Cash Link Reels Double Gold. These games are part of IGT's new Ultra Link wide-area progressive network, featuring a $1.125 million jackpot re-set value.

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International Game Technology (IGT) has announced it will host a conference call and live webcast to discuss its first quarter 2025 financial results on Tuesday, May 13, 2025, at 8:00 a.m. EDT. The results will cover the period ended March 31, 2025.

Participants can pre-register for the conference call to receive a dedicated dial-in number and unique PIN. Additionally, a live listen-only webcast will be available through IGT's Investor Relations website, with a replay option accessible after the call.

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International Game Technology (IGT) has announced the release of key corporate documents and its upcoming Annual General Meeting (AGM) details. The company has posted its 2025 AGM Notice, proxy materials, and 2024 Annual Report and Accounts for shareholders' review.

The AGM is scheduled for May 13, 2025, at 3:00 p.m. BST and will be held at IGT's registered office in London. All documents, including the 2024 Annual Report on Form 20-F, are now accessible in the Investor Relations section of IGT's website, available for both online viewing and PDF download.

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FAQ

What is the current stock price of International Game Technology (IGT)?

The current stock price of International Game Technology (IGT) is $14.6 as of June 13, 2025.

What is the market cap of International Game Technology (IGT)?

The market cap of International Game Technology (IGT) is approximately 3.0B.
International Game Technology

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2.96B
111.04M
43.82%
49.82%
1.52%
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