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International Game Technology (IGT) Stock News

IGT NYSE

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.

IGT provides gaming, digital and financial technology solutions for casino, digital and hospitality operators. Its offering includes gaming machines, game content and systems, iGaming, sports betting, cash access, loyalty and player engagement products, organized across Gaming, Digital and FinTech business units.

Company news commonly covers product showcases for land-based and digital gaming, Class II and Class III content, cabinet and systems launches, and technology from IGT brands such as PlaySports and Everi. Updates also include sports betting platform agreements, mobile and retail sportsbook deployments, casino and lottery customer relationships, and executive or organizational changes tied to product, commercial and operational functions.

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IGT (NYSE:IGT) signed a two-year contract extension with the Rhode Island Lottery to continue powering statewide retail and mobile sports betting through at least November 2028 using IGT PlaySports technology. The extension continues a partnership involving IGT PlaySports, Caesars Sportsbook and the Rhode Island Lottery that began in 2018 and aims to support state revenue and the Sportsbook Rhode Island app.

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IGT (NYSE:IGT) appointed Hector Fernandez as CEO of the combined enterprise, effective after receipt of regulatory approvals, and said he will also oversee the Gaming business unit.

Fernandez is based in Las Vegas and was formerly CEO of a global competitor; the company said his experience driving market share, revenue growth and profitability will guide integration of legacy IGT and Everi teams in partnership with Apollo. Nick Khin will step down as interim enterprise CEO and Gaming CEO and transition to a strategic advisor role. IGT's Digital and FinTech units will remain led by Gil Rotem and Darren Simmons, respectively.

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Everi (IGT) launched VGKPay, a mobile wallet integrated into the Vegas Golden Knights official app, available Nov 3, 2025. VGKPay, presented by America First Credit Union, lets fans store credit/debit cards, use a "scan and pay" checkout at T-Mobile Arena and The Arsenal team store, view order history, and earn wallet rewards called Fortress Funds on qualifying purchases. The redesigned app uses Everi's BeOn Venue technology and adds a new homepage, standings and team-leaders widgets, enhanced game tracker, and more customized messaging. Wallet features are available ahead of the Nov 4 home game vs Detroit.

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IGT (NYSE:IGT) won two categories at the 2025 Global Gaming Awards Americas on Oct. 8, 2025: Casino Services Supplier of the Year and Digital Product of the Year for the IGT PlayDigital Engagement Platform.

The PlayDigital Engagement Platform received the digital product award for the second consecutive year; the company highlighted the platform's role in increasing marketing ROI, boosting player engagement, and integrating the MEGA VAULT offering across IGT PlayDigital content. IGT also noted integration of IGT ADVANTAGE casino management with Everi FinTech and loyalty solutions.

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IGT (NYSE:IGT) won two categories in the 2026 GGB Gaming & Technology Awards: Best Slot Product for Magic Treasures Gold on the RISE55 cabinet and Best Consumer Service Technology for IGT Table Manager featuring TITO for Tables.

Magic Treasures Gold launched in May 2025 and reached the number one spot in Eilers & Krejcik's US & Canada Game Performance Report for "Top Indexing NEW Games – Premium Leased." The TITO for Tables function integrates with IGT ADVANTAGE and uses a dedicated table ticket printer to let players move between tables and slots without visiting the cage. IGT said it will demonstrate both solutions at G2E.

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IGT (NYSE:IGT) has announced its comprehensive showcase lineup for the Global Gaming Expo 2025 (G2E) in Las Vegas, marking the first global trade show presentation of the newly created IGT enterprise. The company will present under the theme "Together – Built to Win" at booth 3659.

Key highlights include the debut of new gaming cabinets like the RISE32™ core video cabinet and Wheel of Fortune RISE55, the introduction of TrueAim™ - a real-time adaptable AI solution, and over 240 new games. The Digital division will showcase the omnichannel game launch of Eternal Link™ and the award-winning PlayDigital™ Engagement Platform with MEGA VAULT. The FinTech division will demonstrate integrated solutions combining Everi's financial access services with IGT's systems.

The exhibition, taking place October 6-9, 2025, will showcase IGT's full capabilities across Gaming, Digital, and FinTech solutions, emphasizing the company's unique position to deliver innovation across the entire gaming ecosystem.

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IGT (NYSE:IGT) announced that two of its leaders have received recognition from Global Gaming Women (GGW) for their contributions to the gaming industry. Karin Bernkopf, Vice President of U.S. Gaming Marketing, Global Creative Services and Licensing, was awarded the 'Patty Becker Pay it Forward Award', while Michelle Schenk, Director of Global Communications, was named among the '10 Women Rising in Gaming'.

Bernkopf, with over 20 years of gaming marketing experience, chairs GGW's Mentorship Committee and supports initiatives like the One Up One Down mentorship program. Schenk has led successful B2B and B2C public relations campaigns, generating significant media coverage for IGT's products and people. The awards will be celebrated at special events in October 2025.

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IGT (NYSE:IGT) has launched its new Wheel of Fortune Big Money Spin electronic table game (ETG) at Downtown Grand Casino in Las Vegas, marking the product's global debut. The innovative ETG features a distinctive 9-plus-feet upright video wheel and incorporates familiar elements from the Wheel of Fortune slots franchise, including word puzzles, wheel spins, and jackpot rewards.

The game operates on IGT's GameAce ETG platform, allowing players to place color-coded bets corresponding to wheel wedges. Players win by matching their wagers to digital spin outcomes, with special features like the Fortune Spin Bonus and Jackpot Bonus activating the physical wheel for enhanced win celebrations.

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IGT (NYSE:IGT) has secured a significant multi-year sports betting technology and services agreement with Corporación Caliente. The partnership will establish 42 IGT PlaySports-powered retail sportsbooks across Mexico and expand to over 100 additional venues across eight Latin American countries.

Through this agreement, Caliente sportsbooks will utilize IGT's PlaySports platform and Trading Advisory Services Team. The expansion will be implemented through a phased rollout, reaching Antigua, Argentina, Aruba, Brazil, Ecuador, Panama, Paraguay, and Uruguay. IGT PlaySports was recognized as the "Sportsbook Platform Provider of the Year" at the 2024 EGR North America Awards.

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Brightstar Lottery (NYSE:IGT) has completed the sale of its Gaming & Digital business to Apollo Global Management for approximately $4.0 billion in net cash proceeds. The company will begin trading under the new ticker symbol BRSL on July 2, 2025.

The proceeds will be allocated across several initiatives: $2.0 billion for debt reduction focusing on near-term maturities, $1.1 billion for shareholder returns (including a $3.00 per share special dividend and a $500 million share repurchase program), $500 million for Italy Lotto license payments, and $400 million for general corporate purposes.

The special dividend will be payable on July 29, 2025, to shareholders of record as of July 14, 2025. The company aims to maintain a strong balance sheet with a target net debt leverage around 3.0x, with pro forma net debt leverage of 3.5x as of March 31, 2025.

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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 $16.29 as of July 2, 2025.

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

The market cap of International Game Technology (IGT) is approximately 3.2B.