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.

Employee Rating

3.1More
TypePublic
HQLondon, GB
Founded1974
Size (employees)6,065 (est)
Websiteigt.com
IGT was founded in 1974 and is headquartered in London, GB
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Key People/Management at IGT

Marco Sala

Marco Sala

Chief Executive Officer, International Game Technology PLC
Renato Ascoli

Renato Ascoli

Chief Executive Officer, North America Gaming/Interactive (DoubleDown Casino)
Walter Bugno

Walter Bugno

Chief Executive Officer, International
Fabio Cairoli

Fabio Cairoli

Chief Executive Officer, Italy
Michael Chambrello

Michael Chambrello

Chief Executive Officer, North America Lottery
Alberto Fornaro

Alberto Fornaro

Executive Vice President and Chief Financial Officer
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IGT Office Locations

IGT has an office in London
London, GB (HQ)
66 Seymour Street
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IGT Financials and Metrics

IGT Revenue

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IGT's revenue was reported to be $2.06 b in FY, 2014 which is a 12.1% decrease from the previous period.
USD

Revenue (FY, 2014)

2.1b

Revenue growth (FY, 2013 - FY, 2014), %

(12.1%)

Gross profit (FY, 2014)

1.7b

Gross profit margin (FY, 2014), %

81.4%

Net income (FY, 2014)

247.9m

EBIT (FY, 2014)

408.6m

Market capitalization (17-Jan-2019)

3.0b

Closing stock price (17-Jan-2019)

14.8

Cash (30-Sep-2014)

255.1m
IGT's current market capitalization is $3 b.
USDFY, 2013FY, 2014

Revenue

2.3b2.1b

Revenue growth, %

(12%)

Cost of goods sold

520.2m382.1m

Gross profit

1.8b1.7b
USDFY, 2013FY, 2014

Cash

713.3m255.1m

Accounts Receivable

348.6m329.3m

Inventories

90.1m71.4m

Current Assets

1.8b1.2b
USDFY, 2013FY, 2014

Net Income

272.7m247.9m

Depreciation and Amortization

77.4m66.2m

Inventories

14.2m13.3m

Dividends Paid

(79.0m)(107.7m)
USDY, 2014

Financial Leverage

3.3 x
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IGT Online and Social Media Presence

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IGT News and Updates

IGT Signs Seven-Year Contract with the South Dakota Lottery to Provide New Lottery Equipment and Services

LONDON, Jan. 15, 2019 /PRNewswire/ -- International Game Technology PLC (NYSE: IGT) announced that its subsidiary IGT Global Solutions Corporation (hereinafter "IGT"), has signed a seven-year contract with the South Dakota Lottery following a competitive procurement. IGT will provide the...

IGT Helps Tennessee Education Lottery Corporation Expand into New Retail Channels Through Three-Year Contract Extension

LONDON, Dec. 12, 2018 /PRNewswire/ -- International Game Technology PLC (IGT) (NYSE: IGT) announced that its subsidiary IGT Global Solutions Corporation (hereinafter "IGT"), will extend its contract with the Tennessee Education Lottery Corporation. The Lottery's Board of Directors...

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...

IGT PlayShot Sports Betting Platform Powers DraftKings at Scarlet Pearl Sportsbook

LONDON, Nov. 19, 2018 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced today that its PlayShot™ sports betting platform powers DraftKings at Scarlet Pearl Sportsbook -- the newest sports betting destination on the Mississippi Gulf Coast. Through IGT's...

IGT Enters Electronic Bingo Market in Canada

LONDON, Nov. 14, 2018 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) today announced that the Company recently launched first-of-its-kind electronic bingo content for the Canadian market. The Ontario Lottery and Gaming Corporation ("OLG") is the first Lottery in...

IGT Showcases the Future of Connected Play at the World Lottery Summit 2018 in Buenos Aires, Argentina

LONDON, Nov. 13, 2018 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE:IGT) will showcase what's next in creating a seamless and connected experience for lottery players in its booth themed "Future of Connected Play" at the World Lottery Summit 2018 (WLS), Nov. 18-22, at...
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IGT Company Life and Culture

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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 Walter Bugno.

  • How many employees does IGT have?

    IGT has 6,065 employees.

  • What is IGT revenue?

    Latest IGT annual revenue is $2.1 b.

  • What is IGT revenue per employee?

    Latest IGT revenue per employee is $339.3 k.

  • Who are IGT competitors?

    Competitors of IGT include Cherry , Galaxy Gaming and Amaya.

  • Where is IGT headquarters?

    IGT headquarters is located at 66 Seymour Street, London.

  • Where are IGT offices?

    IGT has an office in London.

  • How many offices does IGT have?

    IGT has 1 office.