Last $16.39 USD
Change Today +0.20 / 1.24%
Volume 2.3M
IGT On Other Exchanges
Symbol
Exchange
New York
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As of 8:04 PM 10/31/14 All times are local (Market data is delayed by at least 15 minutes).

intl game technology (IGT) Snapshot

Open
$16.28
Previous Close
$16.19
Day High
$16.45
Day Low
$16.23
52 Week High
11/6/13 - $19.61
52 Week Low
05/15/14 - $12.14
Market Cap
4.1B
Average Volume 10 Days
1.8M
EPS TTM
$1.12
Shares Outstanding
247.2M
EX-Date
09/16/14
P/E TM
14.6x
Dividend
$0.44
Dividend Yield
2.68%
Current Stock Chart for INTL GAME TECHNOLOGY (IGT)

intl game technology (IGT) Details

International Game Technology, a gaming company, designs, develops, manufactures, and markets casino-style gaming equipment, systems technology, and game content for land-based and online markets worldwide. The company offers casino-style games; casino-style slot machines that determine the game play outcome at the machine; wide area progressive jackpot systems with linked machines across various casinos; and central determination system machines connected to a central server, which determines the game outcome, encompassing video lottery terminals used primarily in government-sponsored applications and electronic or video bingo machines. It also provides systems products, including infrastructure and applications for casino management, customer relationship management (CRM), player management, and server-based gaming. The company’s casino and CRM solutions comprise integrated modules for machine accounting, patron management, cage and table accounting, ticket-in/ticket-out, bonusing, table game automation, payment processing, reporting, and regulatory compliance. Its player management solutions feature customized player messaging, tournament management, and integrated marketing and business intelligence; and server-based solutions. In addition, the company provides online social gaming and real-money gaming products and services, including real-money online casino and mobile gaming systems infrastructure and applications, content licensing, and back office operational support services. Its gaming markets include Europe, the Middle East, Africa, Latin America, the Caribbean, Asia, Australia, New Zealand, and the Pacific. International Game Technology was incorporated in 1980 and is headquartered in Las Vegas, Nevada.

5,000 Employees
Last Reported Date: 11/26/13
Founded in 1980

intl game technology (IGT) Top Compensated Officers

Chief Executive Officer, Director and Member ...
Total Annual Compensation: $1.0M
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $350.0K
General Counsel and Corporate Secretary
Total Annual Compensation: $410.0K
Executive Vice President Global Sales
Total Annual Compensation: $408.0K
Compensation as of Fiscal Year 2013.

intl game technology (IGT) Key Developments

International Game Technology Announces Resignation of Eric A. Berg as Chief Operations Officer

On October 15, 2014, Eric A. Berg resigned from his position as Chief Operations Officer of International Game Technology, effective immediately.

IGT Reaches Agreement with Mille Lacs Corporate Ventures

IGT has reached an agreement after an in-depth RFP process with Mille Lacs Corporate Ventures, which has elected to continue with IGT and upgrade IGT Advantage systems solutions at Grand Casino Mille Lacs and Grand Casino Hinckley, located in Minnesota. Both Grand Casinos properties will enhance their IGT Advantage systems to increase the ability to respond to player needs, provide unique and personalised player experiences and drive incremental revenue. The IGT Advantage systems upgrade provides Grand Casinos properties with technologies including Service Window, Floor Manager and Media Manager, enhancing the Casinos' advancement toward fully functioning Game-to-System (G2S) floor integration.

International Game Technology Brings Las Vegas-Style Excitement and Innovation to Croc's Casino Costa Rica

IGT brings the authentic Las Vegas-style gaming experience to Costa Rica with its agreement to provide IGT games and systems to Croc's Casino Resort. Located in Jaco, Costa Rica, Croc's Casino is scheduled to open in December 2014 with approximately 50% floor share of IGT slot machines, optimized with a complete, end-to-end IGT systems solution that sets new standards for operational efficiencies and player engagement. In addition to selecting IGT as its primary provider of games on the casino floor, Croc's Casino has chosen IGT's Casinolink Casino Management Systems suite including Accounting, TITO, Player Tracking, Promotions, Random Riches Bonusing and Cage and Table Accounting. In addition, Croc's Casino Resort will use IGT's Universal Game Adaptor devices tied to sbX Media Manager to deliver content and bonusing to the player screen via Service Window.

 

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Industry Analysis

IGT

Industry Average

Valuation IGT Industry Range
Price/Earnings 17.1x
Price/Sales 1.9x
Price/Book 3.4x
Price/Cash Flow 12.9x
TEV/Sales 0.8x
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