Corporate News

Date Title and Summary
Toggle Summary International Game Technology PLC Reports Fourth Quarter And Full Year 2020 Results
Fourth Quarter: - $885 million in revenue and $96 million in operating income from continuing operations includes highest Global Lottery revenue and profit performance in two years - Cash from operating activities of $255 million; combined free cash flow of $191 million in line with prior-year
Toggle Summary International Game Technology PLC Reports Third Quarter 2020 Results
- Consolidated revenue of $982 million driven by the strongest lottery same-store sales growth in seven quarters; sharp improvement from the second quarter across all major revenue sources   - Delivered $285 million in cash from operating activities and $220 million in free cash flow during the
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