International Game Technology Stock Price, News & Analysis

International Game Technology PLC (NYSE: IGT) has announced the filing of its 2024 Annual Report on Form 20-F with the U.S. Securities and Exchange Commission on February 25, 2025. The filing, which includes the company's audited financial statements for the year ended December 31, 2024, complies with Section 203.01 of the New York Stock Exchange Listed Company Manual.

The annual report is accessible through IGT's website in the Investor Relations section and on the SEC website. The company will provide free hard copies of the 2024 Annual Report to all securities holders upon request, available through their website or by written request to their London office.

International Game Technology PLC (IGT) reported its Q4 and full year 2024 financial results, achieving its outlook targets. The company generated $651 million in Q4 revenue and $2.5 billion for the full year, driven by strong instant ticket and draw game sales across markets.

Q4 income from continuing operations reached $116 million with a 17.9% margin, while full-year income was $271 million with a 10.8% margin. The company delivered $290 million in Q4 Adjusted EBITDA (44.5% margin) and $1.17 billion for the full year (46.6% margin).

IGT announced the $4.05 billion sale of its Gaming & Digital business to Apollo Global Management, expected to close by Q3 2025. The company secured several significant lottery contracts, including a seven-year facilities management contract with Colorado Lottery and extensions in multiple jurisdictions.

For 2025, IGT expects revenue of $2.55-$2.65 billion and Adjusted EBITDA of $1.10-$1.15 billion. The Board declared a quarterly cash dividend of $0.20 per common share.

IGT (NYSE: IGT) has achieved an improved ESG Score of 4.3 out of 5.0 from FTSE Russell, placing the company in the 97th percentile within the Travel and Leisure sector. This marks an improvement from their previous score of 4.2 in 2023, demonstrating the company's ongoing commitment to sustainability.

The assessment is based on FTSE Russell's comprehensive ESG data model, which evaluates companies through over 300 individual indicators aligned with UN Sustainable Development Goals. The scoring system helps investors understand a company's exposure to and management of ESG issues across multiple dimensions.

IGT implements sustainable practices through its global Sustainable Play program, with the improved score validating their continued efforts in enhancing ESG performance.

IGT Global Solutions has secured a nine-year contract extension with the Tennessee Education Lottery (TEL), extending their partnership from June 2027 through June 2036. The agreement includes significant technological upgrades, featuring IGT's Aurora™ central system and OMNIA™ integrated lottery solution.

The upgrade package comprises new Retailer Pro S2 terminals with WinCheck S2 peripherals, Keno Show Controllers with WiFi capabilities, and enhanced Wizard back-office applications. TEL has raised over $7.5 billion for educational programs since its inception, with IGT serving as their technology provider since 2004.

The modernized system will provide TEL with improved user-friendly applications, tools, and reporting capabilities through components like Performance Wizard, Sales Wizard, Learning Wizard, and Retailer Wizard. IGT currently serves as the primary technology provider to 26 of 46 U.S. lotteries and maintains a strong presence among the world's largest lottery operations.

IGT and Graton Resort & Casino have announced the global debut of the Wheel of Fortune Trio cabinet, featuring the new Wheel of Fortune Cash Link Big Money video slots game at the Rohnert Park, California casino. This innovative gaming solution combines the legendary Wheel of Fortune gameplay with advanced hardware features.

The cabinet showcases a massive 76-inch mechanical wheel above three ultra-high-definition 49-inch portrait screen gaming machines, with a 140-inch-tall video backdrop. The new game includes the Cash Link coin collection feature, a Cash on Reels mechanic, and a Cash Link Multiplier offering up to 35X rewards, plus free games.

Since its 1996 launch, Wheel of Fortune slots has distributed nearly $3.6 billion in jackpots and created over 1,200 millionaires. IGT recently extended its licensing agreement with Sony Pictures Television through 2034 to continue producing Wheel of Fortune games.

IGT (NYSE: IGT) has achieved an improved score in the 2024 S&P Corporate Sustainability Assessment (CSA) for the fifth consecutive year, demonstrating strong ESG performance. The company received an overall CSA score of 62 on December 6, 2024, an eight-point improvement from the previous year, including a perfect score in transparency and reporting.

As one of 70 companies evaluated in the casinos and gaming category, IGT's performance places it in the top decile of the industry. The company's Sustainable Play program focuses on four key pillars: valuing and protecting people, advancing responsibility, supporting communities, and fostering sustainable operations.

The CSA, established in 1999 in collaboration with Dow Jones Indices (now S&P Dow Jones Indices), serves as a global sustainability benchmark. It evaluates companies across 61 industries using approximately 20 financially relevant sustainability criteria, with scores ranging from 0-100 across economic, environmental, and social dimensions.

International Game Technology (IGT) has announced it will host a conference call and live webcast on Tuesday, February 25, 2025 at 8:00 a.m. EST to discuss its fourth quarter and full year 2024 financial results for the period ended December 31, 2024.

Participants can pre-register for the conference call through a provided link to receive a dial-in number and unique PIN. Additionally, a live, listen-only webcast will be available under the 'Events Calendar' section on IGT's Investor Relations website, with a replay option available after the call.

International Game Technology (IGT) has secured prestigious recognition at two major award programs during ICE Barcelona 2025. The company achieved the 'Lottery Product of the Year' award for its IGT LotteryLink™ solution at the International Gaming Awards, marking its third consecutive win in this category. The product was praised for revolutionizing in-store lottery ticket sales with its universal applicability and user-friendly features.

Additionally, IGT was named 'Best Diversity and Inclusion Employer' at the European Casino Awards for the fourth consecutive year, highlighting the company's commitment to fostering an inclusive workplace. Both awards were judged by panels of leading gaming industry professionals and experts.

Jay Gendron, IGT's Chief Operating Officer Global Lottery, emphasized the company's dedication to innovation in lottery solutions, while Brian Blake, Vice President of Talent, Culture & Inclusion, reinforced IGT's commitment to creating supportive work environments that prioritize employee growth and success.

IGT (NYSE:IGT) has secured a seven-year contract extension with LOTTO Thüringen in Germany to modernize their lottery system. The agreement involves deploying IGT's Aurora™ retail central system technology and software upgrades, with implementation scheduled for March 2026.

The Aurora platform, part of IGT's OMNIA™ omnichannel solution, will manage LOTTO Thüringen's transaction processing, game management, and back-office operations. The system offers intuitive applications, tools, and reporting capabilities designed to enhance lottery innovation and profitability.

IGT maintains its position as the global lottery market leader, serving as the primary technology provider to 26 of 46 U.S. lotteries, eight of the world's 10 largest lotteries, and 16 of the world's top 25 lotteries.