Corporate News

Date Title and Summary
Toggle Summary International Game Technology PLC Reports Second Quarter 2020 Results
- Results highlight value of diverse business portfolio, global reach, resilience of lottery, and swift response to unprecedented conditions   - Liquidity and net debt improved on positive cash flow performance; generated $168 million in cash from operating activities and $107 million in free cash
Toggle Summary International Game Technology PLC Reports First Quarter 2020 Results
- Results affected by COVID-19-related lockdowns beginning in March - Revenue of $940 million, down 18% as global closure of casinos and gaming halls and widespread mobility restrictions significantly hinder service revenue generation - Net loss of $248 million includes $296 million non-cash
Toggle Summary International Game Technology PLC Reports Fourth Quarter And Full Year 2019 Results
- Achieved record global gaming product sales in 2019 - Full-year net loss of $19 million includes $99 million non-cash goodwill impairment charge - 2019 Adjusted EBITDA of $1.71 billion, in top half of outlook - Fourth quarter net loss of $168 million reflects non-cash FX losses and impairment
Toggle Summary International Game Technology PLC Reports Third Quarter 2019 Results
- Revenue of $1.15 billion, up 3% at constant currency on significant growth in global gaming product sales - Operating income of $154 million; Adjusted EBITDA of $407 million - Strong year-to-date operating cash flow of $789 million and free cash flow of $456 million - Cash dividend declared of
Toggle Summary International Game Technology PLC Reports Second Quarter 2019 Results
- Revenue increased 5% at constant currency on significant growth in global gaming product sales and continued strength in global lottery same-store revenue - Operating income of $224 million; adjusted operating income of $274 million, up 6% at constant currency - Adjusted EBITDA of $454 million,
Toggle Summary International Game Technology PLC Reports First Quarter 2019 Results
- Revenue of $1.14 billion includes significant increase in global gaming unit shipments and continued growth in global lottery same-store revenue - Operating income of $178 million; adjusted EBITDA of $417 million, stable at constant currency on strong Italy and North America Lottery results -
Toggle Summary International Game Technology PLC Reports Fourth Quarter And Full Year 2018 Results
- 2018 full year net loss of $21 million includes $120 million of non-cash impairment charges; 2018 Adjusted EBITDA of $1,737 million within expected range when normalized for FX - Fourth quarter net loss of $102 million reflects non-cash impairment charges; Adjusted EBITDA of $416 million on
Toggle Summary IGT Expands its Senior Leadership Team
Bob Vincent to Become Chairperson of IGT Global Solutions Corporation; Wendy Montgomery Named Senior Vice President of Global Brand, Marketing, and Communications; and Scott Gunn Appointed Senior Vice President of Corporate Public Affairs LONDON , Feb.
Toggle Summary IGT Announces Retirement of Donald R. Sweitzer, Chairman of IGT Global Solutions Corporation
LONDON , Dec. 5, 2018 /PRNewswire/ --  International Game Technology PLC (IGT) (NYSE: IGT) announced that Donald R. Sweitzer will be retiring on Dec. 31 after 20 years of leadership in IGT's government affairs and business development. As Chairman of IGT Global Solutions Corporation , Don has been
Toggle Summary International Game Technology PLC Appoints Lorenzo Pellicioli as Chairperson, James McCann as Vice Chairperson and Lead Independent Director
LONDON , Nov. 19, 2018 /PRNewswire/ --  International Game Technology PLC (" IGT ") (NYSE: IGT) today announced that the Board of Directors of IGT (the " Board ") has appointed Lorenzo Pellicioli, formerly the Vice Chairperson, as Chairperson of the Board, effective immediately. Mr.
Toggle Summary International Game Technology PLC Reports Third Quarter 2018 Results
- Solid Lottery and Gaming KPIs drive strong third quarter results - Net income was $22 million in the third quarter; Adjusted net income was $64 million - Adjusted EBITDA of $443 million reflects strong Italy and global Lottery performance - Full-year Adjusted EBITDA outlook narrowed to $1,740 -
Toggle Summary International Game Technology PLC Reports Second Quarter 2018 Results
- Adjusted EBITDA outlook confirmed at $1,700 - $1,780 million, despite approximately $26 million of negative currency translation, on improved underlying business performance - Net income of $161 million includes $173 million of net foreign exchange gain; Adjusted net income was $57 million -
Toggle Summary International Game Technology PLC Reports First Quarter 2018 Results
- Net loss of $103 million includes $97 million of net foreign exchange loss; Adjusted net income was $31 million - Adjusted EBITDA of $436 million on strong global casino system sales, continued growth in lottery same-store revenues, and Italy sports betting results - Net debt of $7,525 million
Toggle Summary International Game Technology PLC Reports Fourth Quarter And Full Year 2017 Results
- Fourth quarter net income of $80 million includes one-time, non-cash tax benefit; adjusted EBITDA of $452 million reflects strong International performance, Italy sports betting results, and lower operating expenses - 2017 net loss of $1,069 million includes previously reported $714 million
Toggle Summary International Game Technology PLC Reports Third Quarter 2017 Results
- Net loss of $804 million includes $714 million non-cash impairment charge and $118 million of net foreign exchange loss; adjusted Net income of $81 million - Adjusted EBITDA of $428 million reflects robust lottery same-store revenue growth, strong product sales, and reduced operating expenses -
Toggle Summary IGT and Chill Gaming Announce Distribution Agreement
IGT to showcase Chill Gaming's Bloomtopia and Fortunes of the Brave titles at G2E 2017 LONDON , Oct. 3, 2017 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) and Chill Gaming announce a multi-year distribution agreement whereby IGT is the sole distributor of Chill Gaming
Toggle Summary IGT Signs Seven-year Contract Extension With The California Lottery To Provide Leading-Edge Technology Through October 2026
LONDON , Oct. 2, 2017 /PRNewswire/ -- International Game Technology PLC ("IGT PLC") (NYSE:IGT) announced that its wholly-owned subsidiary, IGT Global Solutions Corporation (the "Company" and collectively with IGT PLC, "IGT"), has agreed with the California Lottery to extend its existing contract
Toggle Summary IGT Signs Cross-Licensing Agreement With Ainsworth Game Technology
LONDON , Sept. 27, 2017 /PRNewswire/ --  International Game Technology PLC ("IGT") (NYSE: IGT), holder of the largest slot game feature patent portfolio in North America , announced that it has signed a patent cross-licensing agreement with  Ainsworth Game Technology ("Ainsworth") (ASX: AGI), a
Toggle Summary IGT Signs Cross-Licensing Agreement With AGS
LONDON , Sept. 20, 2017 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT), holder of the largest slot game feature patent portfolio in North America , announced that it has signed a patent cross-licensing agreement with AGS, a full-service designer and manufacturer of gaming
Toggle Summary IGT and Scientific Games Corporation Sign Cross-Licensing Agreement
LONDON and LAS VEGAS , Sept. 5, 2017 /PRNewswire/ --  International Game Technology PLC ("IGT") (NYSE: IGT) and Scientific Games Corporation (" Scientific Games ") (NASDAQ: SGMS), holders of the two largest slot game feature patent portfolios in North America , today announced that they had signed
Toggle Summary International Game Technology PLC Reports Second Quarter 2017 Results
- Net loss of $290 million includes $220 million of net foreign exchange loss; adjusted Net income of $31 million - Adjusted EBITDA of $424 million reflects strong lottery results and global gaming machine sales - Net debt of $6,999 million, down from $7,569 million at 2016 year end - Cash dividend
Toggle Summary IGT Announces New Term Loan Facility And Amendment To Multicurrency Revolving Credit Facilities
LONDON , July 26, 2017 /PRNewswire/ --  International Game Technology PLC (NYSE:IGT) ("IGT") today announced that it has entered into a €1,500 million term loan agreement which matures in 2023 and an amendment to its multicurrency revolving credit facilities which mature in July 2021 .
Toggle Summary IGT Signs Three-Year Contract Extension with the New York Lottery
Company to Provide Leading-Edge Lottery Technology LONDON , July 17, 2017 /PRNewswire/ --  International Game Technology PLC (NYSE: IGT) announced that its subsidiary, IGT Global Solutions Corporation (with International Game Technology PLC , hereinafter "IGT" or "the Company"), has signed a
Toggle Summary International Game Technology PLC to Report Second Quarter 2017 Results on Tuesday, August 1, 2017
LONDON , July 13, 2017 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE:IGT) will report second quarter 2017 results for the period ended June 30, 2017 on Tuesday, August 1, 2017 . The Company will host a conference call and live webcast to discuss the results.
Toggle Summary IGT Awarded Seven-Year Contract With The West Virginia Lottery To Provide Lottery System, Terminals, Communications Network, And Ongoing Services
Company also Signs Four-Year Contract with the West Virginia Lottery to Provide Instant Ticket Printing Services LONDON , June 22, 2017 /PRNewswire/ --  International Game Technology PLC (NYSE: IGT) announced that its subsidiary, IGT Global Solutions Corporation (with International Game Technology
Toggle Summary International Game Technology Announces Results Of Tender Offer For Any And All Of Its $500 Million 7.50% Notes Due 2019
LONDON , June 19, 2017 /PRNewswire/ -- International Game Technology PLC (NYSE:IGT) ("IGT") and its wholly-owned subsidiary, International Game Technology (the "Issuer"), today announced the expiration of the Issuer's previously announced offer (the "Offer") to purchase for cash any and all of the
Toggle Summary International Game Technology PLC Reports First Quarter 2017 Results
LONDON , May 25, 2017 /PRNewswire/ --  Continued growth in instant and draw-based lottery same-store revenue and in global gaming machine installed base Net loss of $55 million , adjusted Net income of $59 million ; adjusted EBITDA of $371 million reflects comparison with unusually high base in
Toggle Summary International Game Technology PLC to Report First Quarter 2017 Results on Thursday, May 25, 2017
LONDON , May 4, 2017 /PRNewswire/ --  International Game Technology PLC ("IGT") (NYSE:IGT) will report first quarter 2017 results for the period ended March 31, 2017 on Thursday, May 25, 2017 . The Company will host a conference call and live webcast to discuss the results.
Toggle Summary International Game Technology PLC Appoints Fabio Celadon As Senior Vice President, Gaming Portfolio
LONDON , April 24, 2017 /PRNewswire/ --  International Game Technology PLC (NYSE:IGT) ("IGT") announced the appointment of Fabio Celadon as Senior Vice President, Gaming Portfolio. Reporting to IGT PLC CEO Marco Sala , he will be responsible for five primary areas within IGT's Gaming organization:
Toggle Summary IGT Announces Agreement To Sell Double Down Interactive LLC To DoubleU Games As Part Of New Strategic Partnership In Social Casino
LONDON , April 17, 2017 /PRNewswire/ --  International Game Technology PLC ("IGT") (NYSE:IGT) today announced it has signed a definitive purchase agreement to sell its social casino subsidiary, Double Down Interactive LLC , to an affiliate of DoubleU Games Co., Ltd.
Toggle Summary IGT Signs Seven-Year Contract with Lotterie-Treuhandgesellschaft mbH Thüringen in Germany to Modernize Its Central System
LONDON , April 5, 2017 /PRNewswire/ --  International Game Technology PLC (NYSE: IGT) has announced that its subsidiary, IGT Global Services Limited (with International Game Technology PLC, hereinafter "IGT") has announced that it has signed a contract with Lotterie-Treuhandgesellschaft
Toggle Summary IGT Signs Cross-Licensing Agreement With Aruze Gaming
LONDON , April 5, 2017 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT), holder of the largest slot game feature patent portfolio in North America , announced that it has signed a patent cross-licensing agreement with Aruze Gaming, a global entertainment company that designs,
Toggle Summary IGT Signs Cross-Licensing Agreement With Incredible Technologies, Inc.
LONDON , March 29, 2017 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT), holder of the largest slot game feature patent portfolio in North America , announced that it has reached a patent cross-licensing agreement with Incredible Technologies, Inc.
Toggle Summary IGT Signs Agreement To Provide New Zealand Lotteries Commission With New Remote Game Server System And Interactive Instant Win Content
Solution Seamlessly Provides Industry-Leading Game Content to MyLotto Site LONDON , March 23, 2017 /PRNewswire/ --  International Game Technology PLC (NYSE:IGT) has announced that its subsidiary, IGT Global Services Limited (with International Game Technology PLC, hereinafter "IGT") has signed an
Toggle Summary IGT Signs Agreement With Western Canada Lottery Corporation To Install New Lottery Terminals And Ticket Checkers, Following Competitive Procurement
LONDON , March 13, 2017 /PRNewswire/ -- International Game Technology PLC (NYSE:c) announced that its subsidiary, IGT Global Solutions Corporation (with International Game Technology PLC , hereinafter "IGT"), has signed a product sale agreement to provide 5,500 new lottery terminals and associated
Toggle Summary International Game Technology PLC Reports Fourth Quarter And Full Year 2016 Results
LONDON , March 9, 2017 /PRNewswire/ -- Fourth quarter net income of $233 million ; adjusted EBITDA of $422 million reflects broad-based lottery growth and higher gaming product sales 2016 net income of $211 million ; adjusted 2016 EBITDA of $1,755 million on strong North America and Italy
Toggle Summary International Game Technology PLC Announces Appointment Of Heather J. McGregor To Board Of Directors
LONDON , March 9, 2017 /PRNewswire/ --  International Game Technology PLC ("IGT") (NYSE:IGT) today announced the appointment of Heather J. McGregor as an independent director to IGT's board of directors effective March 8, 2017 . "Heather's global perspective and years of experience in talent
Toggle Summary International Game Technology PLC to Report Fourth Quarter and Full Year 2016 Results on Thursday, March 9, 2017
LONDON , Feb. 21, 2017 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE:IGT) will report fourth quarter and full year 2016 results for the period ended December 31, 2016 , on Thursday, March  9, 2017. The Company will host a conference call and live webcast to discuss the results.
Toggle Summary IGT Announces Eight-Year Contract Extension With SYNOT Group To Continue Providing System Software And Game Content
LONDON , Feb. 8, 2017 /PRNewswire/ --  International Game Technology PLC (NYSE:IGT) announced that its subsidiary, GTECH Sweden Interactive AB (with International Game Technology PLC , hereinafter "IGT"), has signed an eight-year contract extension with SYNOT Group to continue providing system
Toggle Summary IGT Wins Contracts With Norsk Tipping To Provide Interactive Casino And Instant Win Game Libraries And Customized Games
IGT Also Signs Separate Two-Year Extension of Existing Interactive Gaming Platform Contract LONDON , Feb. 7, 2017 /PRNewswire/ --  International Game Technology PLC (NYSE: IGT) has announced that its subsidiary, IGT Global Services Limited (with International Game Technology PLC, hereinafter
Toggle Summary IGT Wins Seven-Year Contract To Provide Video Lottery Terminals, Central System, Site Controllers, Games And Operational Services To Svenska Spel In Sweden
LONDON , Jan. 18, 2017 /PRNewswire/ --  International Game Technology PLC (NYSE:IGT) announced that its subsidiary, IGT Canada Solutions ULC (with International Game Technology PLC , hereinafter "IGT" or "the Company"), has signed a contract to provide Video Lottery Terminals (VLTs), a VLT Central
Toggle Summary IGT Signs New Five-Year Private Operator Contract With Coljuegos In Colombia
IGT Continues 16-Year Experience Successfully Operating Baloto Game LONDON , Jan. 18, 2017 /PRNewswire/ --  International Game Technology PLC (NYSE:IGT) has announced that its subsidiary, IGT Juegos S.A.S. (with International Game Technology PLC, hereinafter "IGT") has signed a new five-year
Toggle Summary IGT Signs Agreement With Société De La Loterie Suisse Romande To Provide Aurora™ Lottery Technology And Services
LONDON , Jan. 17, 2017 /PRNewswire/ -- International Game Technology PLC (NYSE:IGT) has announced that its subsidiary, IGT Global Services Limited (with International Game Technology PLC, hereinafter "IGT") has signed an agreement with Société de la Loterie Suisse Romande ("Loterie Romande") to
Toggle Summary International Game Technology PLC Reports Third Quarter 2016 Results
- Revenues up 5% to $1,266 million on strong lottery growth and higher gaming product sales - U.S. GAAP Net loss was $2 million; adjusted Net income was $90 million - Adjusted EBITDA up 4% to $430 million - Cash dividend declared of $0.20 per ordinary share LONDON , Nov.
Toggle Summary International Game Technology PLC to Report Third Quarter 2016 Results on Monday, November 21, 2016
LONDON , Nov. 2, 2016 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE:IGT) will report third quarter 2016 results for the period ended September 30, 2016 on Monday, November  21, 2016. The Company will host a conference call and live webcast to discuss the results.