IGT Stock Recent News

IGT LATEST HEADLINES

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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.

seekingalpha.com 2025 May 19
IGT Stock News Image - prnewswire.com

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.

prnewswire.com 2025 May 19
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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.

prnewswire.com 2025 May 14
IGT Stock News Image - businesswire.com

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.

businesswire.com 2025 May 13
IGT Stock News Image - seekingalpha.com

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.

seekingalpha.com 2025 May 13
IGT Stock News Image - prnewswire.com

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.

prnewswire.com 2025 May 13
IGT Stock News Image - prnewswire.com

Play IGT's Wheel of Fortune Lucky Coins on Stage Slot Like Never Before with Exciting New Features and Bonuses HERZLIYA, Israel , May 12, 2025 /PRNewswire/ -- Slotomania, a leading social casino mobile game from Playtika, is introducing its latest casino-floor slot, Wheel of Fortune Lucky Coins On Stage – an all-new 5-reel, 40-payline free-to-play slot game based on IGT's casino floor game. This latest release brings the feeling of the iconic Wheel of Fortune game show and beloved land-based casino game to players' mobile devices with an immersive gameplay experience.

prnewswire.com 2025 May 12
IGT Stock News Image - prnewswire.com

LONDON , May 5, 2025 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced today that IGT PlaySports™ technology is now powering retail sports betting at Silver Reef Casino Resort in Ferndale, Wash. This technology agreement builds on IGT PlaySports' leadership in the region, marking the 11th casino in Washington State to deploy the Company's award-winning sports betting platform, and the 10th casino in the State to leverage its trading advisory services.

prnewswire.com 2025 May 05
IGT Stock News Image - prnewswire.com

California casino elevates floor performance, modernizes the player experience and enhances loyalty program via IGT ADVANTAGE casino management system  LONDON , May 1, 2025 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced today that it recently signed a multi-year systems agreement with Red Earth Casino in Thermal, Calif. to displace a competing casino management system ("CMS") with the award-winning IGT ADVANTAGE™ CMS.

prnewswire.com 2025 May 01
IGT Stock News Image - seekingalpha.com

Portfolio developments include strategic reviews, buybacks, and acquisitions, with significant upside potential and strong financial metrics like a P/E of 8.6x and FCF/EV yield of 19%. Top contributors Lottomatica, Danieli, Piraeus Port Authority, Verallia , and Jost Werke, showcased strong performance and strategic growth. Detractors Italian Sea Group, International Game Technology, Compagnie De L'Odet, Norma Group, and Energean Oil & Gas faced challenges but hold long-term potential.

seekingalpha.com 2025 Apr 24
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