IGT

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.

TypePublic
Founded1974
HQLondon, GB
Websiteigt.com
Employee Ratings3.6
Overall CultureD

Latest Updates

Employees (est.) (Jul 2021)11,000
Job Openings415
Revenue (FY, 2021)$4.2 B(+18%)
Share Price (Jun 2022)$19.2(-4%)
Cybersecurity ratingAMore
Discover new suppliers and conduct deeper comparison analysis with Craft for EnterpriseLearn more
Banner background

Key People/Management at IGT

Marco Sala

Marco Sala

Executive Chair and Director
Renato Ascoli

Renato Ascoli

Chief Executive Officer, Global Gaming
Fabio Cairoli

Fabio Cairoli

Chief Executive Officer, Global Lottery
James McCann

James McCann

Vice Chairperson and Lead Independent Director
Alberto Dessy

Alberto Dessy

Independent Director
Enrico Drago

Enrico Drago

Chief Executive Officer, Digital & Betting
Show more

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
Show all (3)

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
USDFY, 2018FY, 2019FY, 2020FY, 2021

Revenue

4.8b4.8b3.5b4.2b

Cost of goods sold

(2.2b)(2.0b)(1.2b)(1.4b)

Gross profit

2.6b2.8b2.4b2.8b

R&D expense

(263.3m)(266.2m)(190.9m)(238.0m)
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Revenue

1.1b1.2b1.2b940.2m637.5m981.5m1.1b1.1b983.0m1.1b

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

622.8m695.1m600.2m495.4m319.7m682.7m701.0m1.2b234.0m626.0m

R&D expense

(66.1m)(65.4m)(68.8m)(60.7m)(31.3m)(48.0m)(55.0m)(62.0m)(62.0m)(57.0m)
Annual
USDFY, 2018FY, 2019FY, 2020FY, 2021

Cash

250.7m662.9m907.0m591.0m

Accounts Receivable

949.1m1.0b908.2m902.0m

Prepaid Expenses

199.8m176.5m139.8m146.0m

Inventories

282.7m161.8m169.2m182.0m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Cash

290.4m400.9m542.4m1.5b1.3b943.3m748.0m639.0m435.0m639.0m

Accounts Receivable

934.2m948.5m899.7m630.7m860.4m828.5m911.0m974.0m1.0b937.0m

Prepaid Expenses

35.9m45.6m49.2m

Inventories

294.8m264.9m253.9m182.0m173.0m183.2m167.0m166.0m181.0m209.0m
Annual
USDFY, 2018FY, 2019FY, 2020FY, 2021

Net Income

114.6m111.7m(838.7m)670.0m

Depreciation and Amortization

705.5m713.5m566.2m526.0m

Inventories

12.6m84.5m16.6m(13.0m)

Accounts Payable

(52.0m)7.2m4.6m(36.0m)
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Net Income

80.5m119.5m250.0m(234.1m)(516.2m)(618.6m)149.0m514.0m615.0m117.0m

Depreciation and Amortization

173.4m346.5m522.5m168.1m334.2m658.0m131.0m375.0m560.0m121.0m

Inventories

(20.4m)802.0k23.9m(15.5m)(6.0m)(9.4m)4.0m5.0m(12.0m)(25.0m)

Accounts Payable

(27.8m)(57.3m)611.0k(189.5m)(5.7m)(23.6m)115.0m24.0m(77.0m)19.0m
Show all financial metrics

IGT Revenue Breakdown

Embed Graph

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

Cybersecurity ratingPremium dataset

A

91/100

SecurityScorecard logo

IGT Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

60-79

out of 100

CSRHub logo

IGT Online and Social Media Presence

Embed Graph

IGT Company Culture

  • Overall Culture

    D

    60/100

  • CEO Rating

    D-

    57/100

  • Compensation

    D-

    48/100

  • Diversity

    C-

    60/100

Learn more on Comparably

IGT News and Updates

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...

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...

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...

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...

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...

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...
Show more

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.