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.
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.
International Game Technology PLC (IGT) announced a multi-year agreement to expand its sports betting operations in Washington State, partnering with Kalispel Tribal Economic Authority. Kalispel Casino will leverage IGT's PlaySports technology for its upcoming retail sportsbook. This marks IGT's second venture in the region, following its deployment at the Turf Club Sportsbook in December 2021. IGT aims to enhance the customer experience at Kalispel Casino, building on its established relationship with the Kalispel Tribe.
International Game Technology (NYSE: IGT) will host a conference call to discuss its fourth quarter and full year 2021 results on March 1, 2022 at 8:00 a.m. EST. Interested participants can register for the call to receive a unique PIN and dial-in number. A live webcast will also be available on IGT's Investor Relations website, with a replay accessible afterward. IGT is a leader in gaming, providing entertaining experiences across various channels. More details can be found on their official site.
International Game Technology PLC (NYSE: IGT) has extended its central systems contract with Manitoba Liquor and Lotteries Corporation (MBLL) for five years. This extension involves upgrading MBLL's video lottery system to the latest version of IGT's INTELLIGEN™. The enhanced system will connect nearly 6,600 video lottery terminals (VLTs) and includes improved network diagnostics and updated user interfaces. This agreement solidifies IGT's presence in the regulated video lottery industry, highlighting its commitment to providing advanced gaming solutions.
International Game Technology PLC (NYSE: IGT) announced significant changes in its executive team and board of directors effective January 24, 2022. Lorenzo Pellicioli will retire as chairperson, with Marco Sala transitioning to executive chair. Vincent Sadusky is appointed as CEO, succeeding Sala. The board also appointed Maria Pinelli and Ashley Hunter as non-executive directors. These leadership changes aim to strengthen IGT's governance and support its long-term strategy for growth and value creation.
On January 18, 2022, International Game Technology (IGT) announced it received Nevada regulatory approval for its Resort Wallet™ module, enhancing its cashless gaming technology. This approval allows casinos using the IGT ADVANTAGE™ system to offer players mobile funding options for cashless wagering, improving the gaming experience and making transactions seamless. IGT's cashless solutions, including IGTPay™, have been recognized with awards for product innovation. The move solidifies Nevada's status as a leader in advancing cashless gaming.
International Game Technology PLC (IGT) has entered into a strategic sports betting agreement with Meruelo Gaming LLC, affiliated with SAHARA Las Vegas and Grand Sierra Resort. This partnership aims to utilize IGT's PlaySports technology to power the SaharaBets mobile sports betting app in Arizona. The collaboration is expected to enhance fan engagement for Arizona Coyotes fans by offering pre and in-game wagering options. IGT PlaySports is currently implemented at over 60 gaming venues across the U.S., positioning IGT as a key player in the sports betting market.
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International Game Technology PLC (IGT) has signed a multi-year exclusive licensing agreement with WWE to develop and distribute WWE-branded omnichannel lottery games. This partnership aims to leverage WWE's broad appeal across various demographics while combining IGT's lottery expertise. Both companies expressed excitement about the collaboration, emphasizing its potential to enhance engagement with global customers and fans.