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IGT Wheel of Fortune DiamondRS Premium Wheel Cabinet Makes US Casino Debut
Prnewswire· 2025-04-21 20:31
Core Insights - IGT has introduced the Wheel of Fortune DiamondRS Premium Wheel cabinet, enhancing its product lineup for 2025, featuring innovative design and technology aimed at delivering high-quality entertainment [1] - The cabinet includes a 20-inch physical wheel, a 32-inch LCD top box, and a 23-inch transmissive display, designed specifically for Wheel of Fortune game content [1] - The new Ultra Link network includes Wheel of Fortune Cash Link™ Reels Double Diamond™ and Wheel of Fortune Cash Link Reels Double Gold, with a wide-area progressive jackpot reset value of $1.125 million [1] Company Overview - IGT is a global leader in gaming, providing responsible gaming experiences across various channels, including Lotteries, Gaming Machines, Sports Betting, and Digital [3] - The company emphasizes innovation, player insights, and operational expertise to create engaging gaming experiences and drive growth [3] - IGT operates in over 100 jurisdictions worldwide, maintaining strong relationships with governments and regulators, and employs approximately 11,000 people [3]
International Game Technology PLC to Host First Quarter 2025 Results Conference Call on Tuesday, May 13, 2025
Prnewswire· 2025-04-15 10:45
LONDON, April 15, 2025 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE:IGT) will host a conference call and live webcast on Tuesday, May 13, 2025 to discuss first quarter 2025 results for the period ended March 31, 2025.    Conference call details:Tuesday, May 13, 20258:00 a.m. EDT Conference call registration: Participants are encouraged to pre-register for the conference call by clicking here. Upon registering, participants will receive a dial-in number and unique PIN. Webcast registration ...
IGT Wheel of Fortune Video Poker Makes Global Debut at Downtown Grand Hotel & Casino in Las Vegas
Prnewswire· 2025-04-02 20:31
Innovative game that pairs legendary IGT video poker content with the most successful slot theme of all time launches in world's biggest video poker marketLONDON, April 2, 2025 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced today it recently introduced its much-anticipated Wheel of Fortune Video Poker game in the world's most prolific video poker market: Las Vegas, Nev. Guests of Downtown Grand Hotel & Casino ("Downtown Grand") in Downtown Las Vegas became the first players ...
Reign Supreme with Regal Riches! Slotomania's Latest Virtual Slot Game from IGT
Prnewswire· 2025-03-28 12:00
Prepare for a royal adventure with fan-favorite IGT Regal Riches, the newest game packed with wild features and dazzling bonus rounds, arriving March 28, 2025!HERZLIYA, Israel, March 28, 2025 /PRNewswire/ -- The royal court is calling! Slotomania, the leading social casino game from Playtika*, invites players to don their crowns and prepare for the grand debut of a new virtual slot as part of Slotomania's partnership with IGT. Regal Riches™ is just one of many crowd-favorite slot themes that Slotomania is b ...
International Game Technology: Lottery King Back To Basics
Seeking Alpha· 2025-03-25 05:33
Core Insights - The article emphasizes the expertise of the company in analyzing restaurant stocks across various segments in the U.S. market, including QSR, fast casual, casual dining, fine dining, and family dining [1] Group 1: Company Overview - The company is led by a founder with a strong background in Business Administration and Accounting, holding an MBA in Forensic Accounting and Controllership [1] - The company employs advanced analytical models and specialized valuation techniques to provide detailed insights and actionable strategies for investors [1] Group 2: Industry Engagement - The company actively engages in academic and journalistic initiatives, contributing to institutions that promote individual and economic freedom [1] - Previous contributions include discussions on monetary policy, financial education, and financial modeling, aimed at making these subjects accessible to a broader audience [1]
IGT Celebrates World Premiere of RISE55 Cabinet at Indian Gaming Tradeshow & Convention 2025
Prnewswire· 2025-03-24 20:31
"IGT's products and solutions portfolio for IGA 2025 will reflect our commitment to delivering future-forward gaming innovations that can provide growth opportunities for our valued tribal customers," said Nick Khin, IGT President, Global Gaming. "Building on the success of our high-performing content and hardware, we will feature the world premiere of the RISE55 cabinet, the latest Magic Treasures, Tiger and Dragon and Prosperity Link games, plus new Class II and core video content. Our IGA display will al ...
IGT Reaffirms Responsible Gaming Leadership in Italy with Sixth Consecutive European Lottery Recertification
Prnewswire· 2025-03-12 10:45
Core Points - IGT Lottery has achieved the European Lotteries Responsible Gaming Certification for the sixth consecutive time and has also obtained the highest level of WLA Responsible Gaming Certification Level 4 [1][3][4] - The EL RG Certification promotes the adoption of responsible gaming best practices among member organizations and is designed to complement the WLA RG Principles and Framework [2] - IGT Lottery's responsible gaming program is guided by international best practices, focusing on promoting a positive gaming approach, preventing underage gambling, and supporting players in need [3][4] Company Overview - IGT is a global leader in gaming, providing responsible gaming experiences across various channels, including Lotteries, Gaming Machines, Sports Betting, and Digital [5] - The company emphasizes innovation, operational expertise, and technology to deliver engaging gaming experiences and drive growth [5] - IGT has a strong local presence and relationships with governments and regulators in over 100 jurisdictions worldwide, employing approximately 11,000 individuals [5]
IGT Wins Seven Awards at the 2025 EKG Slot Awards Show, Most of Any Gaming Industry Supplier
Prnewswire· 2025-03-04 21:31
Core Insights - International Game Technology PLC (IGT) won seven awards at the 2025 EKG Slot Awards Show, the most of any gaming industry supplier, highlighting its excellence in casino game design, performance, and innovation [1][2][5] - IGT PlayDigital was recognized as the "Best Overall Supplier of Online Content" and received the "Top Performing NEW Online Table Game" award for Blackjack Poker & Pairs Surrender, showcasing its strong position in the iGaming sector [2][5] Awards and Achievements - IGT's awards included: - Top Performing NEW Premium Game: Tiger and Dragon™ Cash on Reels - Most Innovative Land-Based Game: Tiger and Dragon Cash on Reels - Top Performing 3rd Party IP Branded Game: Whitney Houston Slots - Top Performing Game – EMEA: Magic Treasures™ Dragon - Top Performing NEW Video Poker/Keno Game: Mega Hot Poker - Best Overall Supplier of Online Content: IGT PlayDigital™ [5] Company Overview - IGT is a global leader in gaming, providing responsible gaming experiences across various channels, including Lotteries, Gaming Machines, Sports Betting, and Digital [3] - The company has approximately 11,000 employees and maintains a strong local presence in over 100 jurisdictions worldwide, emphasizing service, integrity, and responsibility [3]
IGT PlaySports Grows Leadership by Powering Sportsbooks at Three Golden Nugget Casino Nevada Properties
Prnewswire· 2025-02-27 21:31
Core Insights - IGT PlaySports is expanding its sports betting operations in Nevada through a partnership with GN NV Holdings, which owns Golden Nugget Casinos [1][3] - The phased rollout will begin with Golden Nugget Casino Lake Tahoe, followed by Golden Nugget Casino Las Vegas and Golden Nugget Casino Laughlin later in 2025 [2][3] Company Overview - IGT is a global leader in gaming, providing a wide range of gaming experiences across various channels, including lotteries, gaming machines, and sports betting [5] - The company employs approximately 11,000 people and has established relationships with governments and regulators in over 100 jurisdictions worldwide [5] Technology and Services - The agreement includes the deployment of IGT PlaySports' award-winning platform, QuickBet self-service betting kiosks, and the expertise of the Trading Advisory Services team [3] - IGT PlaySports was recognized as "Sportsbook Platform Provider of the Year" at the 2024 EGR North America Awards, highlighting the quality of its technology [4]
International Game Technology PLC(IGT) - 2024 Q4 - Annual Report
2025-02-25 21:10
Proposed Transaction - The Proposed Transaction with Apollo Funds is expected to close by the end of Q3 2025, subject to customary conditions including regulatory approvals and stockholder clearance [113]. - As of February 20, 2025, De Agostini holds approximately 42.28% economic interest and 59.43% voting interest in the Parent, which may influence decisions regarding the Proposed Transaction [124]. - The Proposed Transaction may result in the Company being a smaller, less diversified business, concentrating more on the lottery sector [120]. - Significant costs related to the Proposed Transaction have impacted the Company's financial condition and may continue to do so in future periods [118]. - The market price of the Parent's ordinary shares may fluctuate post-transaction, potentially leading to a decline greater than would occur without the transaction [119]. Financial Exposure and Risks - Approximately 25% of the Company's debt portfolio was exposed to interest rate fluctuations as of December 31, 2024, compared to 28% in 2023 [554]. - A hypothetical 100 basis points increase in interest rates would have resulted in approximately $9 million of incremental interest expense for continuing operations in 2024 [555]. - A 10% decrease in the U.S. dollar to euro exchange rate would have led to a decrease in income from continuing operations of approximately $86 million for 2024 [558]. - The Company has forward contracts for the sale of approximately $93 million and the purchase of approximately $918 million of foreign currency as of December 31, 2024 [560]. - The Company is exposed to various market risks, including interest rate risk and foreign currency exchange rate risk, which it manages through operational and financial strategies [550].