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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International Game Technology PLC (IGT) will host a conference call to discuss its first quarter 2022 results for the period ending March 31, 2022. The call is scheduled for Tuesday, May 10, 2022, at 8:00 a.m. EDT. Investors can register for the call here. A live webcast will also be accessible on the IGT Investor Relations website, with a replay available afterward. For more information, visit www.IGT.com.
International Game Technology (IGT) has been awarded the title of Multi-Channel Supplier of the Year at the 2022 International Gaming Awards. This recognition highlights IGT's leadership in providing cross-platform content and technology solutions across iGaming and land-based casinos. IGT's diverse game offerings, including the innovative Powerbucks slots, contribute to its competitive edge. The award reflects the company's commitment to enhancing player engagement and supporting customers in their growth amid increasing demands in the gaming industry.
IGT has launched its innovative Infinity Instants™ games, utilizing patented digital printing technology to enhance instant ticket design and gameplay. This technology allows for high-resolution, colorful designs with customizable elements, promoting player engagement. The new tickets have successfully debuted in four U.S. lottery markets, demonstrating strong performance. IGT's commitment to innovation in the lottery sector was emphasized by COO Jay Gendron, highlighting the potential for an infinite number of design possibilities.
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International Game Technology (IGT) has entered a significant patent cross-licensing agreement with Aristocrat Leisure, enhancing its portfolio of game features and remote game server technologies. This deal allows IGT to sublicense their combined patents to the global gaming industry, potentially accelerating innovation and development in gaming mechanics. While financial details remain undisclosed, IGT emphasizes its commitment to protecting its intellectual property and facilitating growth through collaboration.
International Game Technology PLC (IGT) has secured a contract with Atlantic Lottery Corporation (ALC) to provide 1,375 CrystalDual® 27 video lottery terminals (VLTs) throughout 2022. The agreement includes launching themes like The Wild Life™, Big City 5's™, and The Price Is Right, which will be deployed in 2023. This move enhances IGT's strong presence in Atlantic Canada, where it has supplied VLTs for over 30 years. The CrystalDual 27 features two high-definition displays and a mobile charging port, aimed at modernizing ALC's gaming offerings and improving player experiences.
International Game Technology (IGT) has announced a definitive agreement to acquire iSoftBet for approximately €160 million. This acquisition is set to enhance the IGT PlayDigital content library, more than doubling its offerings to around 225 proprietary games. Additionally, iSoftBet will provide a robust third-party game aggregation platform, improving IGT's competitive capabilities in North America and Europe. The deal is expected to close in the second quarter of 2022, pending customary conditions.
IGT will showcase its innovative gaming solutions at the Indian Gaming Tradeshow and Convention (NIGA) from April 20-22, 2022, in Anaheim, California. Key highlights include the debut of the Hexbreak3r tournament solution and cashless gaming technologies like Resort Wallet™ and IGTPay™. The company aims to enhance growth opportunities for tribal operators while connecting with PlayDigital customers in the expanding sports betting market. Proceeds from the event will support tribal college scholarships.
International Game Technology announced the posting of its Notice of the 2022 Annual General Meeting (AGM) and the 2021 Annual Report for the year ended December 31, 2021. The AGM is scheduled for May 10, 2022, at 3:00 p.m. BST at IGT's London office. Shareholders can access the AGM materials and the 2021 Annual Report on the company's website. IGT is committed to implementing health and safety measures for the AGM in accordance with government guidelines. The company is a leader in gaming, providing diversified services globally.