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.
The IGT news page on Stock Titan aggregates company communications and media coverage related to the gaming, digital and financial technology enterprise that uses the IGT brand. Recent news releases describe IGT as a global provider of gaming machines, game content and systems, iGaming, sports betting technology, cash access, loyalty and player engagement solutions, organized into Gaming, Digital and FinTech business units and headquartered in Las Vegas.
Readers can use this page to follow announcements about new gaming cabinets and electronic table games, digital content launches, FinTech integrations and leadership updates. For example, company news has highlighted the global debut of cabinets such as RISE55 and RISE32, the launch of the Wheel of Fortune Big Money Spin electronic table game, and the expansion of IGT PlayDigital’s omnichannel content portfolio and engagement platform. The page also captures FinTech developments from Everi, an IGT brand, including mobile wallet launches and the expansion of the Digital Neighborhood of self-service payment and loyalty tools.
In addition, the news feed reflects IGT’s role in sports betting technology through IGT PlaySports, such as contract extensions to power statewide retail and mobile sports betting for government-sponsored lotteries. Leadership and organizational updates, including changes in executive roles and recognition of IGT leaders by industry groups, also appear in these releases.
By reviewing the IGT news stream, investors and industry observers can see how the enterprise presents its Gaming, Digital and FinTech strategies, its participation in major trade shows like the Global Gaming Expo and ICE Barcelona, and its ongoing product and technology roadmap across land-based and digital gaming environments.
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.
International Game Technology (IGT) has secured a six-year contract with Singapore Pools to provide its Aurora central lottery system. This deal enables IGT to support Singapore Pools' high transaction volumes with advanced technology designed for lottery innovation and profitability. IGT's solutions, including Aurora Navigator, Data Connector, and Aurora Anywhere, will enhance operational efficiency and data management for Singapore Pools. The partnership reinforces IGT's longstanding presence in the lottery sector since 1986, ensuring secure and responsible gaming experiences in Singapore.
International Game Technology PLC (NYSE: IGT) has launched its offerings in Spain's Amusement with Prize (AWP) salones subsector. This move is supported by an exclusive agreement with Orenes Grupo, the leading gaming machine distributor in Spain. IGT introduced its Magic Fortune™ Link multi-level progressive game, featuring popular titles adapted for Spanish players. The salones sector comprises around 3,000 gaming halls focused on advanced video content. Ongoing player research will drive future game releases tailored to local preferences.
International Game Technology (IGT) has secured a contract with La Lotería Nacional (LOTENAL) in Mexico, extending their partnership until September 30, 2024. This agreement involves IGT providing a range of lottery solutions and sports betting services, including a central system for draw-based and instant ticket games, marketing services, and sports trading advisory services. The collaboration highlights a 30-year history of positive sales results benefiting social causes in Mexico. IGT's offerings will cover 8,400 lottery terminals nationwide, enhancing LOTENAL's product innovations.
International Game Technology (IGT) announced the filing of its 2021 Annual Report on Form 20-F with the U.S. Securities and Exchange Commission on March 3, 2022. This report includes audited financial statements for the year ending December 31, 2021. IGT emphasizes its commitment to providing a hard copy of the report free of charge to its security holders upon request. The report is accessible on both IGT's website and the SEC's portal. IGT is recognized as a leading global gaming provider, delivering engaging gaming experiences across various regulated channels.
International Game Technology PLC (IGT) reported strong financial performance for Q4 and full year 2021, achieving the highest revenue, profit, and cash flow in four years. Q4 revenue rose 19% to $1 billion, and full year revenue surged 31% to $4.1 billion. Key highlights include improved operating income, significant cash flow generation, and a reduction in net debt to $5.9 billion. IGT also reinstated a quarterly dividend and repurchased shares. The company aims for mid-single digit organic revenue growth and mid-teens operating income growth by 2025, with a solid outlook for 2022.
International Game Technology (NYSE:IGT) has announced the sale of its Italian proximity payment business to PostePay for €700 million. This transaction includes the sale of LIS Holding S.p.A. and LISPAY S.p.A., which generated approximately €228 million in gross revenues and €40 million in EBITDA in 2021. IGT aims to utilize the proceeds mainly to reduce debt, while streamlining its portfolio to focus on core assets. The deal is subject to regulatory approvals, with closing expected in Q3 2022.
International Game Technology PLC (IGT) has signed a 20-year contract extension with the Rhode Island Lottery, ensuring exclusive supply of lottery services through June 30, 2043. The deal includes maintaining 1,100 jobs in Rhode Island and involves a $155 million investment. IGT will upgrade lottery systems over the contract period, introducing its Aurora™ product and enhancing the iLottery system in 2023. IGT will also pay $27 million to the state, supporting economic development initiatives.
International Game Technology PLC (IGT) announced a multi-year agreement to expand its instant ticket business in Germany with Staatliche Toto-Lotto GmbH Baden-Württemberg (Lotto BW). This partnership will see IGT provide comprehensive instant ticket printing services, including game development and marketing expertise through its Instants Advantage™ program. The collaboration is expected to enhance lottery sales and player engagement in Baden-Württemberg, a significant federal state in Germany, which offers substantial growth potential for instant ticket sales.
International Game Technology (IGT) has extended its contract with the Missouri Lottery for three years, continuing its partnership until June 30, 2025. IGT will deploy 175 new cashless GameTouch™ 28 vending machines and launch the Cash Pop™ draw game, enhancing player experience and lottery sales. IGT has supplied technology to the Missouri Lottery since 1991, processing about 75% of U.S. lottery sales. This collaboration aims to support public education funding in Missouri.