Corporate News

Date Title and Summary
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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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