International Game Technology PLC(IGT)
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IGT Awarded Contract for Video Lottery Terminal Central Monitoring System by Ohio Lottery Commission
Prnewswire· 2024-06-25 18:45
LONDON, June 25, 2024 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE:IGT) today announced that it has won a competitive bidding process to provide the Ohio Lottery Commission's video lottery terminal (VLT) central monitoring system, with a contract effective May 31, 2024 through June 30, 2033. The agreement includes an option for Ohio to renew the contract for up to two additional one-year terms. Under the terms of the agreement, IGT will provide its advanced Intelligen™ central monitoring ...
IGT's Whitney Houston Slots Take Center Stage at Casinos Across the US
Prnewswire· 2024-06-24 18:45
New slots theme featuring Whitney Houston's chart-topping songs and iconic imagery on the stunning new SkyRise™ cabinet brings superstar entertainment to casino floors LONDON, June 24, 2024 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced today that it has released the highly anticipated Whitney Houston Slots game, giving players across the U.S. an exciting new entertainment opportunity at their favorite casinos. The dazzling game is bringing the "Voice of a Generation" to a g ...
IGT's Tiger and Dragon Game Debuts in #1 Position on Eilers & Krejcik's US & Canada Game Performance Report
prnewswire.com· 2024-05-29 04:31
"Building on the tremendous success of IGT's Prosperity Link and Mystery of the Lamp games, Tiger and Dragon earning this number-one position in Eiler & Krejcik's May 2024 game performance report validates our commitment to delivering the industry's best MLP games," said Nick Khin, IGT Chief Operating Officer, Gaming. "Both Tiger and Dragon themes deliver compelling gameplay mechanics, vibrant graphics and stunning merchandising that provide our casino operator partners with games that players truly love to ...
IGT to Optimize Player Convenience and Retail Solutions for Mississippi Lottery via Three-Year Contract Extension
prnewswire.com· 2024-05-28 18:45
LONDON, May 28, 2024 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE:IGT) today announced that its subsidiary, IGT Global Solutions Corporation, has extended its contracts with the Mississippi Lottery Corporation ("Mississippi Lottery") for an additional three years to continue providing online gaming systems and instant ticket services through Dec. 1, 2029. As part of the agreements, IGT will deploy a mobile convenience app, new GameTouch™ 28 self-service terminals and its Sales Wizard reta ...
3 Sorry Gambling Stocks to Sell in May While You Still Can
investorplace.com· 2024-05-28 00:13
As we approach the midpoint of the year, it’s crucial for investors to reassess their portfolios and identify potential risk factors. The gambling industry was once seen as a thriving sector with promising growth prospects. But recently, it faced numerous challenges that have led to the emergence of several gambling stocks to sell. Let’s delve into three gambling stocks that investors should consider selling in May while they still can. These companies have been overhyped and overvalued. So, their future pr ...
International Game Technology Isn't Playing Games With Guidance
marketbeat.com· 2024-05-21 18:26
Key Points IGT is a global gaming powerhouse specializing in lotteries, land-based gaming machines, iGaming, sports betting and digital gaming. IGT hit record organic operating income for Q1 2024 of $273 million, excluding separation and divestiture costs. IGT will spin off and merge its Global Gaming and iGaming divisions with Everi by the end of 2024 or early 2025, while its Global Lottery division will trade under a new ticker symbol. 5 stocks we like better than International Game Technology Global gami ...
IGT Continues Multi-Level Progressive Momentum with New Tiger and Dragon Game on the PeakCurve49 Cabinet
Prnewswire· 2024-05-20 18:45
Dazzling new theme introduces innovative mechanics and gameplay features on proven hardware LONDON, May 20, 2024 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced today that its new multi-level progressive ("MLP") game, Tiger and Dragon™, recently debuted on casino floors across the U.S. Available on the sleek PeakCurve™49 cabinet, Tiger and Dragon combines new and proven mechanics with high bonus frequencies for an action-packed entertainment experience. IGT Continues Multi-Le ...
IGT PlaySports Launches Trading Advisory Services in Michigan with Lac Vieux Desert Northern Waters Casino & Resort
prnewswire.com· 2024-05-17 04:31
Casino grows sports betting partnership with IGT PlaySports™ to include technology and services LONDON, May 16, 2024 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced today that its IGT PlaySports Trading Advisory Services Team is now supporting sports betting in Michigan via a new services agreement with the Lac Vieux Desert Northern Waters Casino & Resort in Watersmeet. In addition to now leveraging IGT PlaySports' expertise for a range of trading-related services, Northern W ...
International Game Technology PLC(IGT) - 2024 Q1 - Earnings Call Transcript
2024-05-14 23:35
分组1 - 公司在第一季度实现了强劲的收入和利润率增长,超出了3月份提供的预期 [7][25][26] - 全球彩票业务收入增长6%,主要得益于意大利游戏创新和产品销售增长 [8][28] - 意大利同店销售增长超过4%,反映了即开票和定期彩票游戏的相似趋势,这是在2023年第一季度10%增长的基础上实现的 [9] - 北美和其他地区的同店销售略有下降,主要是由于新即开票游戏发布的年度节奏差异,尤其是高价格游戏 [10] - 全球彩票销售继续快速增长,超过20%,主要由于日益增长的高性能电子即开票游戏组合的带动 [10] - 公司最新的意大利乐透许可证招标更新,政府法令确认了9年的期限和不少于10亿欧元的最低前期许可费,分三期支付,而有效税率将保持在6% [10][11] 分组2 - 公司正在为即将到来的意大利乐透许可证招标做准备,并与现有合作伙伴签署了谅解备忘录,以维持现有的合资企业结构 [10][11] - 公司在意大利市场的关键产品策略包括新游戏发布、提高玩家参与度和多渠道聚焦 [12][13][14] - 公司在北美和其他地区的游戏和数字业务实现了第12个连续季度的利润率同比扩张,全球安装基础增加到54,000台以上 [15][16][17][30] - 公司的在线博彩业务在第一季度实现10%的收入增长,主要得益于美国市场的强劲表现 [18][19][32] 问答环节重要的提问和回答 问题1 **Barry Jonas 提问** 客户对于拟议交易的反应如何?他们最期待什么?你们是否需要解决一些关切? [45] **Vincent Sadusky 回答** 客户普遍反馈积极,认为合并后的公司能提供更全面的产品和服务。客户看好两家公司在不同细分市场的优势互补,以及在研发、现场服务等方面的协同效应 [46][47][48][49] 问题2 **Jeff Stantial 提问** 公司为何决定保留意大利乐透合资企业结构?这与上次招标时的情况有何不同? [55] **Vincent Sadusky 和 Massimiliano Chiara 回答** 此前的合作伙伴关系运作良好,双方合作默契,因此决定延续现有的合资结构。公司财务状况的改善也为此提供了支持 [56][57] 问题3 **David Katz 提问** 请更新一下意大利乐透许可证的最新进展情况 [67] **Vincent Sadusky 和 Massimiliano Chiara 回答** 政府已发布法令,确定了新一轮招标的关键条款,包括9年期限和不低于10亿欧元的前期许可费。公司正在与现有合作伙伴就新的投标进行磋商 [68][69][70]
IGT (IGT) Reports Q1 Earnings: What Key Metrics Have to Say
Zacks Investment Research· 2024-05-14 22:30
International Game Technology (IGT) reported $1.07 billion in revenue for the quarter ended March 2024, representing a year-over-year increase of 0.7%. EPS of $0.46 for the same period compares to $0.49 a year ago. The reported revenue represents a surprise of +3.42% over the Zacks Consensus Estimate of $1.03 billion. With the consensus EPS estimate being $0.29, the EPS surprise was +58.62%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they comp ...