Financial Data and Key Metrics Changes - In 2024, the company generated over $1 billion in consolidated cash from operations and approximately $660 million of free cash flow, with more than 80% of that free cash flow coming from lottery operations [7][31] - The revenue for the year was $2.5 billion, consistent with 2023, with EBITDA of $1.2 billion at a 47% margin [8][27] - The company reported Q4 revenue of $651 million, down from $681 million in the prior year, primarily due to lower U.S. multi-state jackpot sales [23][24] - Adjusted EBITDA for the full year was $1.17 billion, down from $1.21 billion in the prior year [27] Business Line Data and Key Metrics Changes - Instant ticket and draw game sales increased by 4% in Q4, with a 7% same-store sales growth in Italy [10][23] - U.S. multi-state jackpot sales declined by $29 million due to lower jackpot activity compared to the previous year [25] - iLottery sales rose by 28% in both Q4 and the full year, maintaining a double-digit growth pace [13][14] Market Data and Key Metrics Changes - The company achieved strong growth in Italy, driven by new game launches and special draws [11][12] - Improving trends in large jurisdictions, including California, Florida, Georgia, New York, and Texas, contributed to increased sales [12] - The company is the leading iLottery platform supplier globally, with significant growth in jurisdictions like Georgia and Kentucky [14][15] Company Strategy and Development Direction - The company concluded a strategic review resulting in the sale of its gaming and digital business for over $4 billion, allowing a singular focus on its lottery business [6][21] - Future investments will focus on new game content and technologies to fuel sales growth and strengthen industry leadership [20] - The company is identifying structural cost savings to enhance efficiency and financial profile [21][33] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the core recurring business, expecting revenue growth aligned with long-term expectations [36] - The company anticipates a challenging first half of 2025 due to lower U.S. multi-stage jackpot activity impacting service revenue [37][39] - The increase in Mega Millions ticket price to $5 is expected to positively impact sales in the latter half of 2025 [88][92] Other Important Information - The company plans to allocate at least $2 billion of the proceeds from the gaming and digital sale for debt reduction [31][45] - Annual CapEx is expected to be in the range of $400 million to $450 million for 2025 and 2026, with significant investments required for the Italy Lotto contract [34][35] Q&A Session Summary Question: Can you expand on the $25 million investment into new contract extensions and growth initiatives? - Management indicated that these costs are primarily temporary and necessary for securing new contracts and technology setups [50][54] Question: What are the expected uses of proceeds from the gaming and digital business sale? - Management confirmed a commitment to $2 billion for debt repayment, with further discussions on additional allocations to occur around the closing date [59][60] Question: Can you provide an update on the Italy lotto rebid process? - The RFP was issued in early January, with bids due by March 17, and the award is expected in Q2 [74][75] Question: How significant are carriers for driving draw-based sales? - Management noted that the impact of carriers varies by jurisdiction, with minimal effect on overall sales for IGT [78][82] Question: What is the expected impact of the Mega Millions price increase? - Management believes the price increase will lead to fewer tickets sold but at a higher price point, potentially increasing overall revenue [88][92] Question: Can you discuss the new printing press and its expected returns? - The new press is expected to improve both capacity and efficiency, leading to better margins and competitive positioning [100][101] Question: What is the status of the Texas lottery renewal process? - The bid has been submitted, and feedback is expected in the first half of 2025 [121] Question: What is the situation regarding LMA incentives for the first semester? - Management indicated a combination of shortfall and lower incentives compared to the previous year, with a conservative outlook for the first half of 2025 [122][124]

Period ended December 31, 2024 1 Management supplements the reporting of financial information, determined under GAAP, with certain non-GAAP financial information. Management believes the non-GAAP information presented provides investors with additional useful information, but it is not intended to, nor should it be considered in isolation or as a substitute for the related GAAP measures. Moreover, other companies may define non-GAAP measures differently, which limits the usefulness of these measures for co ...

Exhibit 99.2 Cautionary Statement Regarding Forward-Looking Statements Comparability of Results Non-GAAP Financial Measures All figures presented in this presentation are prepared under U.S. GAAP. unless noted otherwise. Management supplements the reporting of financial information, determined under GAAP. th certain non-GAAP financial information. Management belie es the non-GAAP information presented provides investors Managements be reperting of mancal infrinclop, determino unde 640-7, with oerdin nor-GAP ...

Core Insights - IGT reported solid financial results for 2024, achieving its outlook with a focus on long-term growth and shareholder returns following the strategic review and sale of its Gaming & Digital business for $4.05 billion [2][4][8] Financial Performance Overview - Fourth Quarter 2024: - Revenue of $651 million, down 4% from $681 million in Q4 2023, attributed to prior year’s record product sales [3][4] - Operating income decreased to $179 million from $197 million, with a margin of 27.4% [3][4] - Income from continuing operations rose to $116 million, a 60% increase year-over-year, with a margin of 17.9% [3][4] - Adjusted EBITDA of $290 million, down 8% from $316 million, with a margin of 44.5% [3][4][7] - Full Year 2024: - Total revenue of $2.5 billion, consistent with the previous year [8] - Operating income of $686 million, down from $752 million, with a margin of 27.3% [8] - Income from continuing operations increased to $271 million, with a margin of 10.8% [8] - Adjusted EBITDA of $1.17 billion, down 4% from $1.21 billion, with a margin of 46.6% [8] Cash Flow and Liquidity - Net cash provided by operating activities was $689 million from continuing operations, down 25% from $916 million in the prior year [3][8] - Total liquidity stood at $1.9 billion as of December 31, 2024, including $584 million in unrestricted cash [9] Strategic Developments - The company announced the sale of its Gaming & Digital business, expected to close by Q3 2025, which is anticipated to enhance its focus on lottery solutions and innovative game content [2][6] - IGT secured several long-term contracts, including a seven-year facilities management contract with Colorado Lottery and extensions with various state lotteries [6] Market Performance - Strong growth in instant ticket and draw game sales was noted, particularly in the U.S. and Canada, contributing to overall revenue [5][6] - Same-store sales growth in Italy was reported at 7.0%, while U.S. multi-state jackpots saw a decline of 20.2% [6][28] Future Outlook - For 2025, IGT expects revenue between $2.55 billion and $2.65 billion, with low to mid-single-digit growth anticipated [11][23] - Adjusted EBITDA is projected to be between $1.10 billion and $1.15 billion, reflecting ongoing investments in business initiatives [11][23]

Core Insights - International Game Technology PLC (IGT) achieved an ESG Score of 4.3 out of 5.0 from FTSE Russell, placing it in the 97th percentile within the Travel and Leisure sector, an improvement from its previous score of 4.2 in 2023 [1][2] Group 1: ESG Performance - IGT's improved ESG score reflects its commitment to enhancing sustainability practices and leadership through its global Sustainable Play program [2] - The ESG Scores from FTSE Russell are based on over 300 individual indicator assessments, aligning with the UN Sustainable Development Goals (SDGs) [2] Group 2: Company Overview - IGT is a global leader in gaming, providing responsible gaming experiences across various channels, including Lotteries, Gaming Machines, Sports Betting, and Digital [4] - The company has approximately 11,000 employees and maintains relationships with governments and regulators in over 100 jurisdictions worldwide [4]

Core Points - International Game Technology PLC ("IGT") announced a nine-year contract extension with the Tennessee Education Lottery ("TEL") starting from June 2027 to June 2036 [1] - IGT has been a partner of TEL since 2004, providing innovative solutions that have contributed to the growth of educational funding in Tennessee, raising over $7.5 billion [3] - The contract includes the deployment of IGT's Aurora™ central system and upgraded back-office applications, along with new terminals and communication network upgrades [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, sports betting, and digital platforms [5] - The company has a strong presence in the lottery market, serving 26 of the 46 lotteries in the U.S. and eight of the world's ten largest lotteries [4] - IGT employs approximately 11,000 people and is committed to delivering high standards of service, integrity, and responsibility [5]

Core Insights - IGT has launched the Wheel of Fortune Cash Link Big Money game on the new Wheel of Fortune Trio cabinet at Graton Resort & Casino, marking its global debut [1][2] - The Wheel of Fortune slots brand is highly popular, with a strong player affinity, and the new cabinet is expected to enhance jackpot excitement [2] - IGT has a long-standing relationship with Sony Pictures Television, extending its licensing agreement to produce Wheel of Fortune games through 2034 [3] 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 [5] - The company has approximately 11,000 employees and operates in over 100 jurisdictions worldwide, focusing on responsible gaming and high service standards [5] Product Features - The Wheel of Fortune Trio cabinet features a 76-inch mechanical wheel and three 49-inch ultra-high-definition screens, creating an immersive gaming experience [2] - The Cash Link Big Money game includes features such as a Cash Link coin collection, Cash on Reels mechanic, and a Cash Link Multiplier that can award up to 35X [2]

Core Insights - International Game Technology PLC (IGT) achieved an improved score in the 2024 S&P Corporate Sustainability Assessment (CSA) for the fifth consecutive year, indicating strong year-over-year environmental, social, and governance (ESG) performance [1][2][3] Group 1: Sustainability Performance - IGT received an overall CSA score of 62, reflecting an improvement of eight points from the previous year, and achieved a perfect score in transparency and reporting [2][3] - The company ranks in the top decile within the casinos and gaming industry, showcasing its commitment to sustainability [2][3] Group 2: Commitment to Sustainability - IGT's Sustainable Play program emphasizes the importance of valuing and protecting people, advancing responsibility, supporting communities, and fostering sustainable operations [3] - The CSA, established in collaboration with Dow Jones Indices, evaluates companies across 61 industries based on approximately 20 financially relevant sustainability criteria [3] Group 3: Company Overview - IGT is a global leader in gaming, providing responsible gaming experiences across various channels, including lotteries, gaming machines, sports betting, and digital platforms [5] - The company has a workforce of approximately 11,000 employees and maintains relationships with governments and regulators in over 100 jurisdictions worldwide [5]

LONDON, Jan. 28, 2025 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE:IGT) will host a conference call and live webcast on Tuesday, February 25, 2025 to discuss fourth quarter and full year 2024 results for the period ended December 31, 2024. Conference call details:Tuesday, February 25, 20258:00 a.m. EST 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 P ...

Awards and Recognition - The company won "Lottery Product of the Year" at the International Gaming Awards for the third consecutive year, highlighting its leadership and innovation in the lottery sector [1][2][5] - The company was named "Best Diversity and Inclusion Employer" at the European Casino Awards for the fourth consecutive year, reflecting its commitment to fostering an inclusive workplace [1][2][5] Company Overview - The company is a global leader in gaming, offering lottery, gaming machines, sports betting, and digital gaming solutions across more than 100 jurisdictions [3] - It employs approximately 11,000 people and leverages innovation, player insights, and technology to deliver engaging gaming experiences [3] Product Innovation - The company's LotteryLink product revolutionizes lottery ticket sales in stores, offering universal applicability and ease-of-use for global lotteries and retailers [2] Corporate Culture and Initiatives - The company's diversity, equity, and inclusion (DEI) initiatives are integral to its market value creation, emphasizing employee support and career growth [2]