IGT - International Game Technology News


Slot giant IGT takes server-based gaming to Europe
25 May 2010
International Game Technology has rolled out its first European launch of the company’s sbX server-based gaming system.
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IGT's profit jumps 7 percent
23 Apr 2010
The Reno-based slot machine giant saw a 7 percent increase in net income and a nearly 5 percent jump in quarterly revenues.
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Quebec could be next emerging slot market
5 Apr 2010
The Canadian province will begin replacing its 12,000 video lottery terminals in an effort that could span two years.
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Nevada gaming stocks improve in March
2 Apr 2010
Eight out of the 10 businesses followed in the Applied Analysis Gaming Index showed declines in average daily stock prices in the month.
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Analyst changes his tune on IGT
9 Mar 2010
Macquarie Securities gaming analyst Joel Simkins said that IGT is poised to benefit as the casino industry recovers.
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IGT closing down Japan operations
11 Feb 2010
The slot machine giant said it would close its operations in Japan later this year because of "ongoing difficult market conditions and lack of strategic fit."
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Wall Street finds IGT boss's outlook too conservative
2 Feb 2010
Wall Street was happy that IGT has reduced its expenses, but the investment community believes the company is being too conservative in its projections for 2010.
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IGT profits rise by 20 percent despite revenue decline
22 Jan 2010
The slot machine giant posted a 20 percent profit gain as its cost-cutting efforts made up for reduced revenues from slower first-quarter slot machine sales.
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IGT hires former MTV executive
21 Jan 2010
The slot machine giant named former MTV official Gideon Bierer as executive vice president of new media.
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IGT boss has plenty on to-do list
28 Dec 2009
Patti Hart has been the CEO of International Game Technology for eight months after spending four years on the company's board of directors.
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Slot-maker IGT promotes two employees
4 Dec 2009
The slot machine giant has promoted Robert Melendres as chief legal officer and corporate secretary and Craig Billings as chief of staff and head of corporate development.
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IGT optimistic after cost cutting
6 Nov 2009
The slot-machine company had a fourth-quarter net loss of $21.3 million and has cut about $200 million in annual costs.
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IGT board post adds to Satre's power
26 Oct 2009
Phil Satre is on the board of directors at both NV Energy and slot machine giant International Game Technology.
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Slot giant IGT completes makeover
16 Oct 2009
Former Harrah's executive Philip Satre was named chairman of International Game Technology's board of directors.
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IGT to take $77 million in non-cash charges
14 Oct 2009
The slot machine giant says it would take several fourth-quarter non-cash charges of about $77 million when it announces earnings Nov. 5.
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