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International Game Technology News
IGT Reports Income Down
20 Jan 2005
International Game Technology reports net income for Q1 was $122.4 million or $0.33 per diluted share versus $176.3 million or $0.48 per diluted share Q1 2005.
Strategic Alliance Signs with Scientific Games
18 Jan 2005
International Game Technology has signed a worldwide, long-term strategic alliance with a New York-based gaming systems supplier to provide new systems products.
IGT and Scientific Games Announce Strategic Alliance
14 Jan 2005
IGT and Scientific Games Corporation have agreed to formalize terms for a worldwide, long-term strategic alliance to jointly provide products for the converging gaming market.
IGT Expected to Report Flat Results
14 Jan 2005
News Brief: International Game Technology is expected to earn 33 cents per share, flat with a year ago, on revenues of $613 million, up 1 percent, according to the average estimates of analysts polled by Thomson Fist Call.
Wheel of Fortune Dollars Pays Texas Tourist $3.8 Million
10 Jan 2005
Gracie Salinas had to borrow a dollar from her mother to play the $3 maximum on her second spin of the Wheel of Fortune dollar machine and, as a result, she says she'll split her $3.8 million jackpot with her parents.
IGT Forms IGT-Canada
5 Jan 2005
International Game Technology reports the acquisition of substantially all of the assets of its Canadian distributor, Hi-Tech Gaming, and the formation of IGT-Canada, Inc., a new subsidiary that will support sales and service for customers throughout Canada.
A Penny Gambled is $939,281 Earned
3 Jan 2005
News Brief: A retiree from the Philadelphia area hit a $939,281 jackpot playing a 1-cent progressive slot machine at Resorts Atlantic City over the Christmas holiday.
IGT and TransAct Expand Relationship
17 Dec 2004
TransAct Technologies Incorporated , a subsidiary of International Game Technology , reports that they have signed an agreement for the integration of TransAct's Epic 950 printer to become a standard option on all IGT slot machine platforms.
Litigation Could Hurt Alliance Gaming Stock
10 Dec 2004
Patent litigation brought by International Game Technology against rival slot machine manufacturer Alliance Gaming could be the latest adverse element affecting the company's slumping stock price, one gaming analyst said.
IGT Files Patent Infringement Lawsuit Against Alliance
8 Dec 2004
International Game Technology confirmed today that it has filed a patent infringement lawsuit against Alliance Gaming Corporation and its Bally Gaming, Inc. and Bally Gaming International, Inc. subsidiaries in the Federal District Court in Las Vegas.
Alliance Gaming Comments on Patent Infringement Complaint
8 Dec 2004
Alliance Gaming Corp. responds to a patent infringement complaint was filed yesterday against the company by International Game Technology.
TJ Matthews Named IGT Chairman
8 Dec 2004
IGT today announced that Thomas J. Matthews will succeed G. Thomas Baker, as chairman of International Game Technology.
IGT Reports Quarterly Dividend
8 Dec 2004
International Game Technology’s Board of Directors has declared a quarterly cash dividend of twelve cents ($0.12) per share, payable on January 4, 2005 to shareholders of record on December 21, 2004.
Gaming Stocks Showing Strength
1 Dec 2004
Gaming stocks continued to surge throughout November as investors responded to positive third-quarter earnings announcements and the news of potential new casino development along the Strip.
IGT Says Chairman Will Step Down
22 Nov 2004
Tom Baker, who oversaw the transformation of International Game Technology into the industry's dominant slot machine manufacturer and supplier, will step down as chairman of the board, effective March 1, IGT announced Friday.
Inside Gaming: Futures Market Nailed Election
8 Nov 2004
A selection of news and views from inside the industry this week.
Quarterly Revenue Jumps at IGT
2 Nov 2004
International Game Technology, buoyed by a 14 percent increase in revenue for its fourth quarter, closed its fiscal year with record results, the company announced today.
IGT Reports Profit Down
2 Nov 2004
International Game Technology reports Q4 net income totaled $54.3 million or $0.15 per diluted share versus $108.3 million or $0.31 per diluted share in Q4 2004.
Mixed Results for Gaming Stocks
1 Nov 2004
Gaming stocks went their separate ways in October, with Boyd Gaming Corp. shares up 21 percent, closing at $33.49 Friday, to lead the pack and Alliance Gaming Corp. down 37 percent, closing at $9.25, to trail the market segment.
Analyst: IGT Expected to Dominate Market
29 Oct 2004
News Brief: The good news for IGT, wrote Robin Farley of UBS, is that the company should continue to dominate the market for quite some time.
IGT Named as Top Political Donor
21 Oct 2004
News Brief: Almost half of the contributions to groups affiliated with the Democratic and Republican parties from the state of Nevada during the past two years came from Reno-based International Game Technology.
Rivals Gang Up on IGT
7 Oct 2004
News Brief: International Game Technology suffered a setback of sorts at the Global Gaming Exposition this week as rivals poured on the star power.
Slot Licensing Craze Continues
30 Sep 2004
The slot industry has been on a licensing binge over the past few years to capture and retool brands ranging from TV shows and game shows to vintage cartoons.
Slot maker to Unveil New Games at G2E
29 Sep 2004
International Game Technology will display more than 380 machines and about 185 new slot brands at the Global Gaming Expo trade show at the Las Vegas Convention Center next week.
IGT Integrates Systems
29 Sep 2004
T reports the integration of Acres Gaming and IGT Gaming Systems.
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