Business
August 7, 2024
IGT Selects Nick Khin for President, Global Gaming Role
Amid the sale of IGT’s Gaming and Digital business, the company recently disclosed its second quarter results. The Q2 2024 report pointed to $1.05 billion in revenue for the latest trading period, a figure that marked a decrease of 1% year-over-year. Now, the company announced a senior-level appointment as well. On Wednesday, IGT confirmed the […]
Business
July 30, 2024
IGT Posts Strong Q2 Results as Gaming and Digital Sale Looms
International Game Technology (IGT) has published its Q2 report, highlighting strong financial results. Revenue remained mostly stable during the period, despite a few minor setbacks. IGT’s Financials Were Stable Revenue for the period stood at $1.05 billion, marking a 1% decline from Q2 2023. This comprised $436 million of Gaming and Digital revenue and $613 […]
Business
July 26, 2024
Apollo Funds to Acquire IGT Gaming & Everi Holdings in Historic Deal
Apollo Funds, a newly formed holding subsidiary of Apollo Global Management, has set out to acquire International Game Technology’s IGT Gaming & Digital business and Everi Holdings in a historic arrangement. The transaction values the two companies at approximately $6.3 billion. This deal comes after an earlier agreement between IGT and Everi that saw the […]
Business
July 11, 2024
IGT’s Top Slots Delivered Six $1M+ Jackpots in June
Global gaming content leader International Game Technology (IGT) announced that Wheel of Fortune and Powerbucks slot games have delivered a whopping six life-changing jackpots to players in June alone. The six jackpots of over a million dollars in June were won by players in California, Nevada, New Jersey and Canada. Who Won What and Where? […]
Lottery
June 7, 2024
Ohio Lottery Picks IGT for 10-Year Contract, Replaces Intralot
The Ohio Lottery has selected IGT as the new vendor for a 10-year contract worth $50 million that will oversee over 10,000 slot-like gambling machines in the state for the first time since the terminals went live more than a decade ago. IGT to Replace Intralot In 2011, Gov. John Kasich allowed Video Lottery Terminals […]
Casino
May 24, 2024
IGT’s Slots Hit for Three $1M+ Jackpots in April
International Game Technology’s Wheel of Fortune and MegaJackpots slots have made three very lucky players happy in April. Wheel of Fortune and MegaJackpots are the two games that paid out the impressive trio of life-changing jackpots last month. Since their official launch almost three decades ago in 1996, Wheel of Fortune slots have generated more […]
Business
May 15, 2024
IGT Publishes Strong Q1 Report & FY 2024 Outlook
International Game Technology (IGT) has published its Q1 report, outlining stable revenue. The international gambling giant has also published its full-year outlook for 2024. In the quarter ended March 31, IGT reported revenue of $1.07 billion, up 1% from the prior year period. The favorable metric was underpinned by the strong performance of the company’s […]
Lottery
May 8, 2024
Atlantic Lottery Teams up with IGT for Innovative iLottery Solutions
The leading lottery technology provider, powering most of the world’s largest lotteries across the globe, International Game Technology (IGT), announced it signed a new North American-facing agreement. On Wednesday, the company revealed it joined forces with Atlantic Lottery Corporation, agreeing to deliver its high-performing features and instant games, supercharging the offering of the lottery. Per […]
Legal
April 16, 2024
IGT Has Resolved Its Legal Conflict with Acres
International Game Technology (IGT) announced that it has resolved its conflict with Acres, marking the end of the legal hostilities between the two companies. While the exact terms are yet to be announced publicly, IGT emphasized that the agreement would resolve all outstanding legal disputes. IGT also mentioned that the resolution was reached in the […]
Industry
April 12, 2024
IGT Mints Four New Millionaires in March
International Game Technology (IGT), a global leader in the provision of gaming content and technology, announced that its Wheel of Fortune and Powerbucks slot games have awarded four life-changing jackpots in March alone. In total, IGT’s slot games handed jackpots totaling more than $5 million in March, according to the company’s official announcement. The first […]