Period ended September 30, 2023 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. These statements may discuss goals, intentions, and expectations as to future plans and strategies, transactions, trends, events, dividends, results of operations ...

International Game Technology PLC (NYSE:IGT) Q3 2023 Earnings Conference Call October 31, 2023 8:00 AM ET Company Participants James Hurley - Senior Vice President, Investor Relations Vincent Sadusky - Chief Executive Officer Massimiliano Chiara - Executive Vice President and Chief Financial Officer Conference Call Participants Barry Jonas - Truist Securities Chad Beynon - Macquarie Jeff Stantial - Stifel David Katz - Jefferies Joe Stauff - SIG Operator Hello and welcome to the International Game Technology ...

Financial Performance - Total revenue for Q3 2023 was $1,065 million, a slight increase from $1,060 million in Q3 2022, representing a growth of 0.5%[12] - Service revenue for the nine months ended September 30, 2023, was $2,508 million, compared to $2,514 million for the same period in 2022, showing a decrease of 0.2%[12] - Net income attributable to IGT PLC for Q3 2023 was $94 million, down from $264 million in Q3 2022, reflecting a decline of 64.5%[12] - Operating income for the nine months ended September 30, 2023, was $745 million, an increase from $691 million in the same period of 2022, marking a growth of 7.8%[12] - Total revenue for Q3 2023 increased by $5 million to $1,065 million, compared to $1,060 million in Q3 2022, driven by consistent player demand and game performance[88] - Service revenue for Q3 2023 was $828 million, representing a 2% increase from $826 million in Q3 2022, while product sales rose to $237 million, a 1% increase from $234 million[88] - Operating income for Q3 2023 was $239 million, compared to $211 million in Q3 2022, reflecting improved operational efficiency[88] - For the nine months ended September 30, 2023, total revenue reached $3,180 million, up from $3,180 million in the same period of 2022[76] - The company reported a total operating income of $745 million for the nine months ended September 30, 2023, compared to $691 million for the same period in 2022[76] Cash and Liquidity - Cash and cash equivalents at the end of Q3 2023 were $558 million, down from $590 million at the end of 2022, a decrease of 5.4%[10] - Total liquidity as of September 30, 2023, was $1.897 billion, down from $2.412 billion at December 31, 2022, primarily due to cash used in investing activities[150] - Net cash provided by operating activities for the nine months ended September 30, 2023, was $641 million, an increase of $20 million from the prior period[156] - Cash used in investing activities was $289 million for the nine months ended September 30, 2023, a decrease of $433 million compared to the prior period, mainly due to the sale of the Italy Commercial Services Business[158] - Cash flows used in financing activities decreased by $714 million to $371 million, primarily due to reduced principal payments on long-term debt[159] Debt and Equity - Long-term debt, less current portion, decreased to $5,421 million from $5,690 million, a reduction of 4.7%[10] - As of September 30, 2023, total equity was $1.967 billion, a decrease from $1.979 billion at December 31, 2022[21] - The carrying value of total debt as of September 30, 2023, was $5,752 million, with a fair value of $5,566 million[57] - Long-term debt decreased from $5,735 million as of December 31, 2022, to $5,465 million as of September 30, 2023[50] Expenses - Research and development expenses for the nine months ended September 30, 2023, were $177 million, compared to $185 million in the same period of 2022, a decrease of 4.3%[12] - Selling, general and administrative expenses increased by $9 million, or 4%, mainly due to higher costs for outside legal and technical consultants[93] - Research and development expenses decreased by $12 million, or 18%, to $55 million for the three months ended September 30, 2023, primarily due to higher capitalization of software development activities[94] - Amortization expense on intangible assets for the nine months ended September 30, 2023, was $159 million, compared to $134 million for the same period in 2022[46] Tax and Legal Matters - The effective income tax rate for the three months ended September 30, 2023, was 34.8%, a substantial increase from 6.7% in the same period of 2022, primarily due to foreign rate differentials and other tax-related adjustments[65][66] - Reserves for uncertain tax positions decreased from $27 million at December 31, 2022, to $14 million as of September 30, 2023, indicating a reduction in potential tax liabilities[67] - The company reached a settlement agreement with the Italian Tax Authorities for €10 million related to tax assessments for 2015 and 2016, impacting the financial position by $14 million net of previously reserved amounts[68] - The company is involved in ongoing legal proceedings with potential claims exceeding $600 million, with a tentative settlement reached in one case that is not expected to materially affect financial results[64] - The company reported a total of $14 million in outstanding liabilities for all legal proceedings as of September 30, 2023[61] Business Segments and Strategy - The company’s organizational structure includes three business segments: Global Lottery, Global Gaming, and PlayDigital, which are essential for resource allocation and performance assessment[73] - The company continues to focus on expanding its integrated portfolio of gaming technology products and services across various channels[25] - The company is evaluating potential strategic alternatives for the Global Gaming and PlayDigital segments, including a sale, merger, or spin-off[85] Revenue by Segment - Global Lottery service revenue decreased by $11 million, or 2%, to $576 million, with a notable 9% increase in operating and facilities management contracts revenue[99] - Gaming terminal services revenue increased by $9 million, or 7%, to $136 million, attributed to an 8% increase in installed base units[105] - Total product sales in Global Gaming rose by $16 million, or 8%, to $212 million, with gaming other sales increasing by 24%[107] - PlayDigital services revenue remained relatively flat at $55 million, with a 1% increase driven by higher iCasino revenues[112] - Total product sales for the nine months ended September 30, 2023, increased by $83 million, or 16%, to $589 million compared to $506 million in the prior period[138] Comprehensive Income - The company reported a comprehensive income attributable to IGT PLC of $93 million for Q3 2023, down from $326 million in Q3 2022, a decline of 71.5%[15] - Total comprehensive income for the third quarter of 2023 was $93 million, compared to $47 million in the previous quarter[21] - The company’s accumulated other comprehensive income (AOCI) was $465 million as of September 30, 2023, reflecting changes in foreign currency translation and hedges[71]

International Game Technology PLC (NYSE:IGT) Q2 2023 Earnings Conference Call August 1, 2023 8:00 AM ET Company Participants James Hurley - Senior Vice President, Investor Relations Vincent Sadusky - Chief Executive Officer Massimiliano Chiara - Executive Vice President and Chief Financial Officer Conference Call Participants Barry Jonas - Truist Securities David Katz - Jefferies Chad Beynon - Macquarie Group Jeff Stantial - Stifel Nicolaus & Company Domenico Ghilotti - Equita Group Joseph Stauff - Susqueha ...

Period ended June 30, 2023 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. These statements may discuss goals, intentions, and expectations as to future plans, transactions, trends, events, dividends, results of operations, and/or financial con ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 OF THE SECURITIES EXCHANGE ACT OF 1934 For the month of August 2023 Commission File Number 001-36906 INTERNATIONAL GAME TECHNOLOGY PLC (Translation of registrant's name into English) 10 Finsbury Square, Third Floor London, EC2A 1AF United Kingdom (Address of principal executive offices) Indicate by check mark whether the registrant files or will file annual repo ...

International Game Technology PLC (NYSE:IGT) Q1 2023 Earnings Conference Call May 9, 2023 8:00 AM ET Company Participants James Hurley - Senior Vice President, Investor Relations Vincent Sadusky - Chief Executive Officer Massimiliano Chiara - Executive Vice President and Chief Financial Officer Conference Call Participants Carlo Santarelli - Deutsche Bank Benjamin Chaiken - Credit Suisse Barry Jonas - Truist Securities David Bain - B. Riley Securities Jeff Stantial - Stifel Nicolaus & Company David Katz - J ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 OF THE SECURITIES EXCHANGE ACT OF 1934 For the month of May 2023 Commission File Number 001-36906 INTERNATIONAL GAME TECHNOLOGY PLC (Translation of registrant’s name into English) 10 Finsbury Square, Third Floor London, EC2A 1AF United Kingdom (Address of principal executive offices) Indicate by check mark whether the registrant files or will file annual reports ...

International Game Technology PLC (NYSE:IGT) Q4 2022 Earnings Conference Call February 28, 2023 8:00 AM ET Company Participants James Hurley - Senior Vice President, Investor Relations Vince Sadusky - Chief Executive Officer Max Chiara - Executive Vice President & Chief Financial Officer Conference Call Participants Carlo Santarelli - Deutsche Bank Chad Beynon - Macquarie Barry Jonas - Truist Securities Benjamin Chaiken - Credit Suisse David Katz - Jefferies Domenico Ghilotti - Equita Jemma Permalloo - JPMo ...

INTERNATIONAL GAME TECHNOLOGY PLC REPORTS FOURTH QUARTER AND FULL YEAR 2022 RESULTS Fourth Quarter 2022 Financial Performance Exceeded High End of Outlook: Full Year 2022 Financial Performance Met High End of Outlook: LONDON - February 28, 2023 - International Game Technology PLC ("IGT") (NYSE:IGT) today reported financial results for the fourth quarter and full year ended December 31, 2022. Today, at 8:00 a.m. EST, management will host a conference call and webcast to present the results; access details ar ...