Company
International Game Technology PLC
Headquarters: London, United Kingdom
Founded: 1990
Employees: 10,393
CEO: Mr. Vincent L. Sadusky
Market Cap
$5.23 Billion
USD as of Jan. 1, 2024
International Game Technology PLC Categories
United Kingdom Consumer Discretionary GamblingUnited Kingdom Consumer Discretionary United Kingdom Gambling
Top Competitors by Market Capitalization
Industry: Gambling
| Company | Market Cap (USD) |
|---|---|
| Flutter Entertainment plc | $31.25 B |
| Evolution Gaming Group AB | $25.43 B |
| DraftKings Inc. | $15.02 B |
| Churchill Downs Incorporated | $9.66 B |
| Scientific Games Corporation | $7.50 B |
Detailed Description
International Game Technology PLC operates and provides gaming technology products and services in North America, Europe, the Middle East, Africa, Asia-Pacific, Latin America, and the Caribbean. It operates in three segments: Global Lottery, Global Gaming, and Digital & Betting. The company designs, sells, operates, and leases a suite of point-of-sale machines that reconciles lottery funds between the retailer and lottery authority; provides online lottery transaction processing systems; produces instant ticket games; and offers printing services, such as instant ticket marketing plans and graphic design, programming, packaging, shipping, and delivery services. It also designs, develops, assembles, and provides cabinets, games, systems, and software for the gaming market, as well as offers gaming management systems for casino management, customer relationship management, patron management, and server-based gaming. In addition, the company provides video lottery terminals (VLT), VLT central systems, and VLT games. Further, it offers digital gaming and betting; sports betting; and technology and management services. Additionally, the company provides digital gaming products and services, including blackjack, roulette, slot games, poker, bingo, and other casino card games; social casino content; and remote game server, as well as iGaming systems and digital platforms that offer player account management, advanced marketing and analytical, and payment system services. It processes commercial transactions, such as prepaid cellular telephone recharges, bill payments, e-vouchers and retail-based programs, electronic tax payments, prepaid card recharges, and stamp duty and money transfer services. The company was formerly known as GTECH S.p.A. and changed its name to International Game Technology PLC in April 2015. The company was founded in 2014 and is headquartered in London, the United Kingdom. International Game Technology PLC is a subsidiary of De Agostini S.p.A.
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Stocks & Indices
International Game Technology PLC has the following listings and related stock indices.
Stock: NYSE: IGT wb_incandescent
Stock: FSX: 7IG wb_incandescent
Product & Services
Slot machines, lotteries, gaming technology
Key People
Marco Sala (CEO) Phil Satre (Chairman)
Financials
Revenue: US$3.115 billion (2020)
Operating income: US$-0.107 billion (2020)
Net income: US$-0.838 billion (2020)
Total assets: US$12.992 billion (2020)
Total equity: US$1.561 billion (2020)