IGT
- Revenue$4.2 BFY, 2021
- Market Capitalization$3.9 B2022-06-29
OverviewSuggest Edit
International Game Technology operates and provides technology products and services across lotteries, electronic gaming machines, sports betting, and interactive gaming markets worldwide. It offers a suite of lottery-enabled point-of-sale terminals; online lottery transaction processing systems; supplies instant ticket games; and printing services, instant ticket marketing plans and graphic design, programming, production, packaging, and shipping and delivery services.
The company also provides video lottery terminals (VLT), VLT central systems, and VLT games to government customers; video and traditional mechanical reel slot machines and casino systems to casino operators; and amusement with prize machines and games to licensed operators, as well as designs, develops, manufactures, and provides cabinets, games, systems, and software in legal gaming markets.
| Type | Public | |
| Founded | 1974 | |
| HQ | London, GB | Map |
| Website | igt.com | |
| Employee Ratings | ||
| Overall Culture | D | More |
Recent NewsAll News
- IGT Awarded Gold Medal from Leading Sustainability Rating Agency EcoVadis
- IGT and SuperBook Sports Take Multi-State Sports Betting Technology Partnership to Tennessee
- IGT Inks 10-Year Agreement with Kansas Lottery to Enhance Electronic Gaming System
- IGT Elevates Play in the Philippines with Games and Systems Deployment at NUSTAR Resort & Casino
Key People/Management at IGT
Marco Sala
Executive Chair and Director
Renato Ascoli
Chief Executive Officer, Global Gaming
Fabio Cairoli
Chief Executive Officer, Global Lottery
James McCann
Vice Chairperson and Lead Independent Director
Alberto Dessy
Independent Director
Enrico Drago
Chief Executive Officer, Digital & Betting
IGT Office Locations
IGT has offices in London, Las Vegas and Reno
London, GB (HQ)
66 Seymour Street
Las Vegas, NV, US
6355 S Buffalo Dr
Reno, NV, US
9295 Prototype Dr
IGT Financials and Metrics
IGT Revenue
IGT's revenue was reported to be $4.16 b in FY, 2021
| USD | |
|---|---|
Revenue (Q1, 2022) | 1.1b |
Gross profit (Q1, 2022) | 626.0m |
Net income (Q1, 2022) | 117.0m |
EBITDA (Q1, 2022) | 376.0m |
EBIT (Q1, 2022) | 255.0m |
Market capitalization (29-Jun-2022) | 3.9b |
Closing stock price (29-Jun-2022) | 19.2 |
Cash (31-Mar-2022) | 639.0m |
EV | 9.8b |
IGT's current market capitalization is $3.9 b.
Annual
| USD | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 |
|---|---|---|---|---|
Revenue | 4.8b | 4.8b | 3.5b | 4.2b |
Cost of goods sold | (2.2b) | (2.0b) | (1.2b) | (1.4b) |
Gross profit | 2.6b | 2.8b | 2.4b | 2.8b |
R&D expense | (263.3m) | (266.2m) | (190.9m) | (238.0m) |
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 1.1b | 1.2b | 1.2b | 940.2m | 637.5m | 981.5m | 1.1b | 1.1b | 983.0m | 1.1b |
Cost of goods sold | (522.1m) | (582.3m) | (535.9m) | (444.8m) | (317.8m) | (298.9m) | (383.0m) | (282.0m) | (330.0m) | (429.0m) |
Gross profit | 622.8m | 695.1m | 600.2m | 495.4m | 319.7m | 682.7m | 701.0m | 1.2b | 234.0m | 626.0m |
R&D expense | (66.1m) | (65.4m) | (68.8m) | (60.7m) | (31.3m) | (48.0m) | (55.0m) | (62.0m) | (62.0m) | (57.0m) |
Annual
| USD | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 |
|---|---|---|---|---|
Cash | 250.7m | 662.9m | 907.0m | 591.0m |
Accounts Receivable | 949.1m | 1.0b | 908.2m | 902.0m |
Prepaid Expenses | 199.8m | 176.5m | 139.8m | 146.0m |
Inventories | 282.7m | 161.8m | 169.2m | 182.0m |
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 |
|---|---|---|---|---|---|---|---|---|---|---|
Cash | 290.4m | 400.9m | 542.4m | 1.5b | 1.3b | 943.3m | 748.0m | 639.0m | 435.0m | 639.0m |
Accounts Receivable | 934.2m | 948.5m | 899.7m | 630.7m | 860.4m | 828.5m | 911.0m | 974.0m | 1.0b | 937.0m |
Prepaid Expenses | 35.9m | 45.6m | 49.2m | |||||||
Inventories | 294.8m | 264.9m | 253.9m | 182.0m | 173.0m | 183.2m | 167.0m | 166.0m | 181.0m | 209.0m |
Annual
| USD | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 |
|---|---|---|---|---|
Net Income | 114.6m | 111.7m | (838.7m) | 670.0m |
Depreciation and Amortization | 705.5m | 713.5m | 566.2m | 526.0m |
Inventories | 12.6m | 84.5m | 16.6m | (13.0m) |
Accounts Payable | (52.0m) | 7.2m | 4.6m | (36.0m) |
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 |
|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 80.5m | 119.5m | 250.0m | (234.1m) | (516.2m) | (618.6m) | 149.0m | 514.0m | 615.0m | 117.0m |
Depreciation and Amortization | 173.4m | 346.5m | 522.5m | 168.1m | 334.2m | 658.0m | 131.0m | 375.0m | 560.0m | 121.0m |
Inventories | (20.4m) | 802.0k | 23.9m | (15.5m) | (6.0m) | (9.4m) | 4.0m | 5.0m | (12.0m) | (25.0m) |
Accounts Payable | (27.8m) | (57.3m) | 611.0k | (189.5m) | (5.7m) | (23.6m) | 115.0m | 24.0m | (77.0m) | 19.0m |
IGT Revenue Breakdown
IGT revenue breakdown by business segment: 27.2% from GAMING, 68.8% from LOTTERY and 4.0% from Other
IGT revenue breakdown by geographic segment: 52.0% from UNITED STATES, 32.0% from ITALY, 9.0% from ALL OTHER, 5.3% from REST OF EUROPE and 1.8% from Other
IGT Cybersecurity Score
IGT Environment, Social & Governance (ESG) Ratings
IGT Online and Social Media Presence
16.36k Twitter followers
IGT has 16.36k Twitter Followers. The number of followers has increased 0.3% month over month and increased 0.7% quarter over quarter
IGT's Trends
IGT Company Culture
Overall Culture
D
60/100
CEO Rating
D-
57/100
Compensation
D-
48/100
Diversity
C-
60/100
IGT News and Updates
June 22, 2022
IGT Awarded Gold Medal from Leading Sustainability Rating Agency EcoVadis
Improved rating positions Company in the top five percent of global companies assessed by EcoVadis LONDON, June 22, 2022 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced today that it has been awarded a gold medal sustainability rating from leading...
June 08, 2022
IGT and SuperBook Sports Take Multi-State Sports Betting Technology Partnership to Tennessee
Tennessee marks fourth state where IGT and SuperBook Sports have teamed up to deliver world-class sports betting LONDON, June 8, 2022 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced today that it extended its successful partnership with SuperBook® Sports to...
June 01, 2022
IGT Inks 10-Year Agreement with Kansas Lottery to Enhance Electronic Gaming System
Company signs long-term contract extension to launch its latest version of INTELLIGEN LONDON, June 1, 2022 /PRNewswire/ -- International Game Technology PLC (NYSE: IGT) announced today that its subsidiary, IGT Global Solutions Corporation, has signed a 10-year contract extension with the...
May 11, 2022
IGT Elevates Play in the Philippines with Games and Systems Deployment at NUSTAR Resort & Casino
The Philippines' most-anticipated casino will leverage IGT's IGT ADVANTAGE casino management system and offer the first Peak49 cabinets in Asia LONDON, May 11, 2022 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced today that its IGT ADVANTAGE™ casino...
April 14, 2022
IGT Transforms Instant Tickets with Infinity Instants Games
Company's patented digital printing technology can be fully customized to enhance instant ticket player experience with high-resolution artwork and new playstyles LONDON, April 14, 2022 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced today the introduction...
April 12, 2022
IGT Strengthens Video Lottery Terminal Leadership in Atlantic Canada via Massive Hardware and Content Deal
Company signs contract with Atlantic Lottery Corporation to deploy nearly 1,400 CrystalDual 27 VLTs with popular The Price is Right content LONDON, April 12, 2022 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced today that its subsidiary, IGT Canada...
IGT Frequently Asked Questions
When was IGT founded?
IGT was founded in 1974.
Who are IGT key executives?
IGT's key executives are Marco Sala, Renato Ascoli and Fabio Cairoli.
How many employees does IGT have?
IGT has 11,000 employees.
What is IGT revenue?
Latest IGT annual revenue is $4.2 b.
What is IGT revenue per employee?
Latest IGT revenue per employee is $378.5 k.
Who are IGT competitors?
Competitors of IGT include Aristocrat Leisure, Scientific Games and Playtech.
Where is IGT headquarters?
IGT headquarters is located at 66 Seymour Street, London.
Where are IGT offices?
IGT has offices in London, Las Vegas and Reno.
How many offices does IGT have?
IGT has 3 offices.
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