LONDON, June 16, 2025 /PRNewswire/ -- International Game Technology PLC (NYSE: IGT) announced today that it recently signed a new, three-year sports betting technology agreement with Boyd Gaming Corporation. Under the terms of the agreement, IGT's award-winning PlaySports platform will continue powering Boyd Gaming's retail and mobile sports betting offering in Nevada through August 2028. The new agreement builds on IGT and Boyd Gaming's long-standing sports betting technology partnership that started in 20 ...

"The RISE55 cabinet was crafted with the highest considerations for performance, comfort and serviceability, and is supported by a strong portfolio of multi-level progressive games," said Nick Khin, IGT President, Global Gaming. "The U.S. market arrival of IGT's RISE55 cabinet marks an exciting expansion of our hardware portfolio, providing our customers with a highly anticipated cabinet for engaging players and showcasing hot new IGT games such as Magic Treasures Gold."  The RISE55 cabinet first hit casino ...

International Game (IGT) Update / Briefing May 20, 2025 08:00 AM ET Speaker0 Ladies and gentlemen, thank you for standing by. My name is Krista, and I will be your conference operator today. At this time, I would like to welcome everyone to the International Game Technology Italy Lotto Tender Update Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question and answer session. Thank you. And I would now like to turn the conferen ...

Core Insights - The article discusses the performance of International Game Technology (NYSE: IGT) over the past two months, indicating that the investment call has not met expectations [1]. Company Analysis - International Game Technology (IGT) has been under scrutiny for its stock performance, with the author expressing disappointment in the investment call results [1]. Industry Context - The analysis is part of a broader focus on restaurant stocks, with the author emphasizing the importance of advanced analytical models and specialized valuation techniques in making informed investment decisions [1].

Core Insights - International Game Technology PLC (IGT) has been proposed as the leading entity in a consortium for the Italy Lotto License, which is a significant lottery contract globally [1][2] - The consortium, LottoItalia, includes Allwyn, Arianna 2001, and Novomatic Italia, and the award notice from the Agenzia delle Dogane e dei Monopoli (ADM) is expected within 35 days [1][2] - IGT's CEO expressed confidence that the €2,230 million investment in upfront fees will enhance revenue and profit potential, with plans for innovation and growth in various gaming sectors [2] Financial Details - The consortium's bid includes a €2,230 million upfront license fee, payable in three installments, with the first two installments of €500 million and €300 million expected in 2025 [2] - The license term is nine years, securing operations until November 2034, with a concession rate of six percent on total wagers and an additional eight percent gross fee from digital channels [3] Strategic Plans - IGT aims to drive Lotto wager growth through an innovation pipeline and plans to significantly increase iLottery sales while expanding into B2C iCasino, sports betting, and other digital gaming businesses [2][3] - The operational control of the business remains with IGT, while Allwyn Entertainment will contribute a pro-rata share of license fees and capital expenditures [3]

IGT recognized for Rising Rockets Link's strong performance across Asia LONDON, May 14, 2025 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced today that it won the "Best Casino Supply" category in the 2025 G2E Asia Awards. In their 16th year, the G2E Asia Awards are evaluated by a panel of industry experts and recognize excellence and innovation in Asia's gaming and entertainment industry."Winning the 'Best Casino Supply' category in the 2025 G2E Asia Awards was an extraordina ...

International Game (IGT) Q1 2025 Earnings Call May 13, 2025 08:00 AM ET Company Participants James Hurley - SVP - IRVincent Sadusky - CEO & Executive DirectorMassimiliano Chiara - Executive VP, CFO & DirectorJeffrey Stantial - Managing Director - Gaming & LeisureBarry Jonas - Managing DirectorDavid Katz - Managing DirectorDomenico Ghilotti - Co-Head of Research Conference Call Participants Chad Beynon - Managing Director, AnalystJoseph Stauff - Senior Equity Research Analyst Operator Thank you for standing ...

International Game (IGT) Q1 2025 Earnings Call May 13, 2025 08:00 AM ET Speaker0 Thank you for standing by, and welcome to the International Game Technology First Quarter twenty twenty five Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question and answer session. Thank you. I'd now like to turn the call over to James Hurley, Senior Vice President of Investor Relations. You may begin. Speaker1 Thank you, and thank y ...

Period ended March 31, 2025 1 Cautionary Statement Regarding Forward-Looking Statements This presentation may contain forward-looking statements (including within the meaning of the Private Securities Litigation Reform Act of 1995) concerning International Game Technology PLC and its consolidated subsidiaries (the "Company") and other matters, including with respect to the proposed sale of the Gaming & Digital business to funds managed by affiliates of Apollo Global Management, Inc. (the "Buyer"). These sta ...

Core Insights - International Game Technology PLC (IGT) has launched its PlaySports technology for retail sports betting at Silver Reef Casino Resort in Ferndale, Washington, marking the 11th casino in the state to adopt this platform [1][2] - The partnership aims to enhance the sports betting experience for customers, leveraging IGT's technology and trading advisory services to attract sports fans and engage guests with localized offers [2] Company Overview - IGT is a global leader in gaming, providing a wide range of gaming experiences across various channels, including lotteries, gaming machines, sports betting, and digital platforms [3] - The company has a strong local presence in over 100 jurisdictions worldwide and employs approximately 11,000 people [3] - IGT PlaySports has been recognized as the "Sportsbook Platform Provider of the Year" at the 2024 EGR North America Awards, highlighting its leadership in the North American sports betting market [2]