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Atlantic Lottery to leverage IGT's next-generation, cloud-based IntelligenEVO technology to enhance system performance and player experience LONDON , June 25, 2025 /PRNewswire/ -- International Game Technology PLC (NYSE: IGT) announced today that its subsidiary, IGT Canada Solutions ULC (hereinafter "IGT"), signed an eight-year agreement with Atlantic Lottery to supply its IntelligenEVO™ video lottery central system technology across Atlantic Canada. The agreement includes the option for multiple extensions and positions the Atlantic Lottery to become the first World Lottery Association ("WLA")-affiliated lottery operator to deploy IGT's next-generation central management system in a game-to-system ("G2S") distributed market.
Carney's induction honors an accomplished 25-year career that is highly respected throughout the lottery industry LONDON , June 24, 2025 /PRNewswire/ -- International Game Technology PLC (NYSE: IGT), doing business as Brightstar Lottery ("Brightstar"), announced today that Michelle Carney, Brightstar's Vice President of Global Lottery Marketing, will be inducted into the Lottery Industry Hall of Fame as a member of the Class of 2025. The induction ceremony will take place this September at an industry event in Ontario, Canada hosted by the Public Gaming Research Institute (PGRI) in conjunction with the North American Association of State and Provincial Lotteries (NASPL).
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.
Company's stunning new slots cabinet features crisp visuals on an ultra-HD 55-inch curved screen, an innovative merchandising package and is backed by strong games such as Magic Treasures Gold LONDON , June 10, 2025 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced today that its spectacular RISE55™ cabinet is now live on casino floors across the U.S. With robust, performance-focused content roadmaps for the premium-leased and for-sale game segments, IGT's RISE55 cabinet debuted with the highly entertaining Magic Treasures™ Gold game. The RISE55 cabinet features a 55-inch ultra-HD curved display that delivers crisp graphics, enhanced audio technology, and remarkable player comfort.
IGT's Q1 FY 2025 double-miss and lowered guidance have narrowed upside, but the stock remains undervalued versus peers. Lottery tailwinds, strong iLottery growth, and disciplined debt management support ongoing free cash flow and capital returns. I'm reducing my price target from $25 to $21.50–$22, reflecting a more cautious outlook but still projecting a 27–30% upside.
LONDON , May 19, 2025 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced today that the Judging Commission completed its analysis of the technical and economic offers in the bid for the Italy Lotto License and will propose LottoItalia, a consortium comprised of Allwyn, Arianna 2001 and Novomatic Italia and led by IGT, to the Agenzia delle Dogane e dei Monopoli ("ADM"), which is expected to make the award notice within the next 35 days. "The Italian Lotto concession is one of the world's most important lottery contracts.
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.
PEORIA, Ill. & WINTER PARK, Fla.--(BUSINESS WIRE)--David Vaughan Investments, LLC (DVI) is pleased to announce the appointment of Christopher Spears, Executive Vice President and General Counsel of International Game Technology PLC (NYSE: IGT), as an Independent Manager to our Board of Managers. Mr. Spears is a seasoned legal professional with years of experience providing corporate leadership on topics such as SEC compliance, mergers and acquisitions, governance and business strategy. Mr. Spea.
International Game Technology PLC (NYSE:IGT ) Q1 2025 Earnings Conference Call May 13, 2025 8:00 AM ET Company Participants Jim Hurley - Investor Relations Vince Sadusky - Chief Executive Officer; Executive Director Max Chiara - Executive Vice President and Chief Financial Officer; Executive Director Conference Call Participants Jeff Stantial - Stifel Barry Jonas - Truist Chad Beynon - Macquarie David Katz - Jefferies Domenico Ghilotti - Equita Joe Stauff - Susquehanna Operator Thank you for standing by. And welcome to the International Game Technology First Quarter 2025 Earnings Conference Call.
Q1'25 results confirm sustained player demand for instant tickets, draw games, and iLottery; lower U.S. multi-state jackpot activity & associated LMA impacts, in addition to product sales timing, impact prior year comparisons Income from continuing operations of $8 million includes $33 million non-cash impact of foreign exchange translation; margin of 1.4% Adjusted EBITDA of $250 million and Adjusted EBITDA margin of 42.8% highlight attractive profit structure of pure play lottery business Strong cash conversion and financial condition; ample liquidity to fund important contract renewals LONDON , May 13, 2025 /PRNewswire/ -- International Game Technology PLC ("IGT" or the "Company") (NYSE:IGT) today reported financial results for the first quarter ended March 31, 2025. Today, at 8:00 a.m.