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.
On June 29, 2020, International Game Technology PLC (NYSE: IGT) announced a partnership with Swedish lottery operator Svenska Spel Sport & Casino AB. IGT will deliver its PlayDigital's PlayRGS (remote game server) and PlayCasino content, enhancing Svenska Spel's digital gaming offering. The three-year agreement includes comprehensive access to IGT's entire game library, along with maintenance and support. Additionally, IGT will provide PlayPoker, VLT systems, and IGTPay technology for cashless transactions, reflecting IGT's commitment to responsible gaming and digital growth in Sweden.
International Game Technology (IGT) announced on June 22, 2020, the results of its capped cash Tender Offer for its 6.250% Senior Secured Notes due 2022. The company has accepted $499,999,000 of the Notes, subject to a proration factor of 42.551%. Furthermore, IGT completed the sale of $750,000,000 in new 5.25% Senior Secured Notes due 2029, using proceeds to fund the Tender Offer, which raised the Maximum Tender Amount from $300 million to $500 million. The Tender Offer expires on July 6, 2020.