International Game Technology announced that the Hopland Sho-Ka-Wa Casino have entered into an agreement for the use of IGT's sbX(R) system solution. Hopland Sho-Ka-Wa Casino will have access to IGT's expansive game theme library in addition to the analytics and floor management features.

International Game Technology reported unaudited consolidated earnings results for the second quarter and six months ended March 31, 2013. For the quarter, the company reported total revenues of $600 million compared to $541.2 million a year ago. Operating income was $129.3 million compared to $118 million a year ago. Income from continuing operations before tax was $107.6 million compared to $96.8 million a year ago. Income from continuing operations was $78.2 million or $0.29 per diluted share compared to $62.4 million or $0.21 per diluted share a year ago. Net income was $78.2 million or $0.29 per diluted share compared to $61.9 million or $0.21 per diluted share a year ago. Adjusted EBITDA was $222.8 million compared to $198.8 million a year ago. Adjusted operating income was $163.5 million compared to $144.7 million a year ago. Adjusted income from continuing operations was $95.1 million compared to $79.5 million a year ago. Adjusted earnings per share from continuing operations were $0.36 compared to $0.27 a year ago. For the six months, the company reported total revenues of $1,130.2 million compared to $986.8 million a year ago. Operating income was $247.7 million compared to $217.9 million a year ago. Income from continuing operations before tax was $205.4 million compared to $175.9 million a year ago. Income from continuing operations was $143.5 million or $0.54 per basic and diluted share compared to $112.7 million or $0.38 per basic and diluted share a year ago. Net income was $143.5 million or $0.54 per basic and diluted share compared to $111.2 million or $0.37 per basic and diluted share a year ago. Net operating cash flows were $182.5 million compared to $176.7 million a year ago. Capital expenditures were $56.4 million compared to $123.6 million a year ago. Adjusted EBITDA was $425 million compared to $361.5 million a year ago. Free Cash Flow (after dividends) was $91.4 million compared to $17.4 million a year ago. Adjusted operating income was $301 million compared to $245.8 million a year ago. Adjusted income from continuing operations was $171.5 million compared to $130.6 million a year ago. Adjusted earnings per share from continuing operations were $0.64 compared to $0.44 a year ago. Based on current expectations and the operating results for the second quarter of fiscal 2013, the company is increasing its fiscal year 2013 guidance for adjusted earnings from continuing operations to $1.26 to $1.32 per share.

International Game Technology announced that it has entered into an amended and restated credit agreement for a $1 billion, five-year credit facility replacing its existing $750 million credit facility. Through this refinancing, the Company increased its available liquidity, extended the maturity of the credit facility from April 2016 to April 2018, and lowered borrowing costs on the credit facility by over 20%. As of April 23, 2013, there was $55 million outstanding under the credit facility.