company is pushing for federal legislation that will legalize virtual casinos in every state. International Game Technology ( IGT ) has expressed its excitement on the current developments in online gaming in the U.S. The company designs, develops and
By Chris Katje : On Friday, shares of International Game Technology ( IGT ) fell over 15% due to weak guidance and slow North American growth. However, the company is expanding its presence in online
capital are hurt by intensifying competition. IGT is a benefiting from an uptick in the replacement ..... s DoubleDown social gaming business. IGT is effectively returning capital to shareholders ..... prudent use of free cash flow for the firm. IGT is a benefiting from an uptick in the replacement
International Game Technology ( IGT -14.7% ) tumbled to within striking ..... The consensus is already at $1.28. IGT 's gaming ops (41% of revenue) remain ..... bps to 63%, and monthly active users for IGT 's DoubleDown social casino gaming unit
Gainers: BDSI +43% . OTCQB:ADMP +8% . JNPR +6% . Losers: ATOS -23% . PTCT -18% . IGT -10% . KSU -9% . RITT -7% . NSTG -6% . MLNX -6% . ISRG -5% . 1 comment!
equipment business, due to maturation of the North American gaming equipment market. Revenue increased 2% to $541 million, with IGT 's core gaming operations and product sales segment revenue, in aggregate, declining 2%. EBITDA declined 12% to $120 million
Jan 23 (Reuters) - Slot-machine maker International Game Technology warned that its full-year profit would more likely be towards the lower end of its previous forecast due to continued weakness in the North American gaming market.
Top gainers, as of 5:15 p.m.: OTEX +4.8% . LINC +4.4% . VTSS +4.0% . MSFT +3.9% . EXTR +3.2% . Top losers, as of 5:15 p.m.: DGII -11.7% . IGT -9.1% . RMD -6.7% . GD -5.3% . ISRG -3.7% . Post your comment!
International Game Technology ( IGT ): Q1 EPS of $0.25 misses by $0.05 . Revenue of $541.2M (+2.1% Y/Y) misses by $3.09M . Shares -7.1% . Press Release Post your comment!
the emerging-markets but his fund’s exposure there is small. Some companies are benefitting from technological changes [ IGT , TTWO ], including boosting online operations [ M, BBY ]. He has value orientation but he has picked up Macau gaming highflyers