International Game Technology Stock Price, News & Analysis

International Game Technology PLC (NYSE: IGT) will conduct a conference call and live webcast on May 9, 2023, to discuss its first quarter 2023 financial results. The discussion will cover performance for the period ending March 31, 2023.

The call is set to start at 8:00 a.m. EDT. Participants can pre-register for the call here, which provides a dial-in number and unique PIN. Additionally, a live webcast will be accessible on IGT's Investor Relations website, with a replay available afterward.

IGT is a leader in gaming, offering a range of gaming experiences across various channels worldwide.

International Game Technology PLC (NYSE: IGT) announced the successful installation of its IGT ADVANTAGE casino management system at Potawatomi Casino Hotel Carter in Wabeno, Wisconsin. This upgrade aims to enhance operational efficiencies and improve player experiences, including a loyalty rewards program linked to its Milwaukee sister property. The installation is expected to drive growth and customer satisfaction as highlighted by the management. The IGT ADVANTAGE system features advanced modules for customizable promotions, machine accounting, and floor management. This initiative reflects IGT's commitment to delivering innovative gaming solutions and bolstering player engagement across the industry.

IGT PlaySports technology will continue powering statewide sports betting in Rhode Island through 2026 following a three-year contract extension with the Rhode Island Lottery. This partnership, which began in 2018, has proven successful in generating revenue through mobile sports betting via the Sportsbook Rhode Island app and at casino locations. IGT's PlaySports technology has undergone significant enhancements to remain competitive in the regional market, a move praised by lottery officials. The agreement supports IGT's position as a leading supplier of gaming technology, leveraging a robust platform across over 80 venues in the U.S. and Canada.

International Game Technology (NYSE: IGT) has expanded its sports betting operations into New Mexico through a multi-year agreement with the Pueblo of Santa Ana tribe. The agreement involves deploying IGT's award-winning PlaySports platform, self-service kiosks, and advisory services at the Santa Ana Star Casino Hotel, replacing a competitor's technology.

CEO John Cirrincione emphasized the scalable and reliable turnkey solution IGT provides, enhancing performance and appeal for sports betting. IGT President Joe Asher noted the excitement surrounding this upgrade, recognizing the potential for substantial sportsbook growth. IGT PlaySports is operational at over 80 locations across the U.S. and Canada, signifying its robust presence in the gaming industry.

International Game Technology PLC (IGT) announced the posting of its Notice for the 2023 Annual General Meeting (AGM) and the 2022 Annual Report and Accounts. The AGM is scheduled for May 9, 2023, at IGT's registered office in London. Key documents are available for shareholders on the company's website, including the 2022 Annual Report on Form 20-F. These materials detail the company’s performance for the year ended December 31, 2022. IGT continues to emphasize its commitment to innovation in gaming across various platforms and has a strong operational presence globally.

On March 24, 2023, International Game Technology PLC (NYSE: IGT) announced that its Non-Executive Director, Marco Drago, sold $1,814,000 of 6.500% Senior Secured Notes due February 15, 2025, on March 17, 2023. The transaction had an aggregate value of $1,823,070. This disposal reflects ongoing financial management and the company's commitment to regulatory transparency under the Market Abuse Regulation. The company maintains a strong presence in the global gaming market, leveraging technology and insights to deliver innovative gaming solutions.