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International Game Technology (IGT) in the News

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Mr. Thomas J. Matthews is the Chairman, President, and Chief Executive Officer of International Gaming Technology. The company was founded in Reno, Nevada in 1980, and is still based out of Reno. The company provides network systems, computerized gaming equipment, and other services to casinos in North America. They also design and manufacture the gaming equipment. IGT provides casino slot machines and video lottery terminals to individual states and casinos. Mr. Patrick Cavanaugh is the Chief Financial Officer.


Latest International Game Technology Company Stock News


IGT Announces Dividend Payment Despite Revenue Drop

International Game Technologies has announced that its Board of Directors has authorized a quarterly dividend payment of $0.06 per share to shareholders on record as of March 16, 2010, payable on April 9, 2010.

IGT Wins Dispute over Property Tax Value

Reno’s Tax Assessor’s office has agreed to lower the taxable value of International Game Technology’s corporate headquarters and manufacturing plant.

IGT Signs Supply Agreement With Online Casino

International Game Technologies has entered into a supply agreement through its online gaming supplier WagerWorks to supply Parlay Games Limited with branded slot games.

IGT Closing Japan Operations

International Game Technology has released plans to close operations in Japan due to ongoing difficult market conditions and changes in the company’s future core business strategy.

IGT Lays Off 25 Employees

International Game Technology has announced this week that they will close their Reno based cabinet shop within the next 60 days.

Attractive Entry Point For IGT Investors

Morgan Joseph has upgraded its investment rating for International Game Technology to “Buy” and increased its price target to $23.

IGT Drags In The Market

A Goldman Sachs analyst, Steven Kent, has lowered his investment rating on International Game Technology today from “Buy” to “Neutral” on concerns of the companies’ limited visibility.

IGT Post Increased Revenue Despite Profit Drop

International Game Technology posted the results of the fiscal first quarter on Thursday, showing a 20% rise in profit despite a drop in revenue.

IGT’s New Attitude Calls For New CMO

International Game Technology has selected a new chief marketing officer with extensive experience in the telecommunications and IT industries, leading customer-focused marketing strategies, brand development, integrated marketing communication and thought leadership on a global scale.

IGT Pleased PA Lifted Slot Caps

The gambling expansion bill signed into law on January 7 will put an end to a four-year-old limitation that holds slot machine manufacturers, except International Game Technologies, to only 50% of the games on a casino’s floor.

IGT Director Selected

International Game Technology announced today that Paget L. Alves has been elected by the board of directors to serve as a director for the company.

IGT Closes The Books On Acres Gaming

International Game Technology has notified employees at the company’s Corvallis office on the Hewlett-Packard campus in Oregon that it will be shut down in mid 2010.

IGT Unveils Community Video Poker Game

Community gaming is not a new concept to video slot machine developers, however International Game Technology is the first to design a community video poker game appealing to casual players, couples and friends who want to play at separate machines but share in the excitement with each other.

IGT Wins Award For IT Innovation

International Game Technology has been awarded the 2009 International Data Group’s (IDG) Info World 100 award for its shining example of IT projects undertaken by tech leaders committed to pushing their organizations forward, in connection with its relationship with Acsis, a company specializing in track and trace solutions for supply chain safety, security and efficiency.

IGT Primed For Future Growth

International Game Technologies is a leading manufacturer, designer, producer and marketer of computerized casino gaming equipment, systems and devises worldwide and is positioned to benefit from the economic recovery, as more casinos seek to upgrade their games and systems.

Former IGT Executive Sells Shares For Millions

Last week former chief executive officer of International Game Technology, Thomas J. Mathews sold $3.2 million worth of the company’s shares.

IGT Rewards Shareholders

International Game Technology, a global company specializing in computerized gambling machines and system products for the gaming industry will be giving money back to their shareholders.

IGT Game Technology Ready For Aria Opening

International Game Technology is hopeful that the revolutionary sever based gaming platform, sbX, will be a big hit when it debuts at Wednesday’s grand opening of the Aria Resort and Casino at the CityCenter complex in Las Vegas.

IGT Unveils Sex And The City Slot Game

International Game Technology has released its newest slot game designed and branded after HBO’s award winning program Sex and the City™. The company delivers superior player entertainment as they enjoy their favorite video clips from the HBO series and is cheered on by Mr. Big himself. Players are immersed in sound with IGT’s new MEGAfx Surround Chair.

IGT Promotes Executives In The Wake Of VP’s Resignation

Last month International Game Technology announced the resignation of David Johnson effective January 4, 2010. Johnson held the positions of Executive Vice President, General Council and Secretary and represented the companies legal, government relations and compliance issues.