Company Research Report: International Game Technology PLC (IGT)

Company Overview

Name and Mission of the Company

Name: International Game Technology PLC (IGT)

Mission: To provide best-in-class content, services, and solutions to the global, regulated gaming industry. IGT is dedicated to delivering entertaining and responsible gaming experiences for players worldwide.

Foundation and Key People

Founded and By Whom: No specific founding date and founder details are available from the provided data.

Key People:

Marco Sala: Executive Chair of the Board; Executive Director

Vincent L. Sadusky: Chief Executive Officer; Executive Director

Renato Ascoli: Chief Executive Officer, Global Lottery

Nick Khin: President, Global Gaming

Gil Rotem: President, IGT PlayDigital

Headquarters and Employees

Headquarters: Holding company headquarters in the United Kingdom; operating headquarters in Rome, Italy; Las Vegas, Nevada; and Providence, Rhode Island.

Number of Employees: Approximately 10,500 employees worldwide.

Revenue

Revenue: No specific revenue information is available from the provided data.

Known For

Reputation: IGT is renowned for its innovative gaming solutions and leadership in the global gaming market, serving legal, regulated public and commercial gaming operators across over 100 countries in six continents.

Products

Overview

IGT offers a comprehensive portfolio that includes gaming systems, products, and services. Their solutions are designed to deliver unparalleled gaming experiences across Digital, Lottery, Gaming, and Sports Betting sectors.

Key Products and Features

1. Gaming:

TRUE 4D Games: Multi-sensory slot experience with technologies like PowerSight.

Cabinets: Designed for player comfort and engagement, offering best-in-class reliability.

Electronic Table Games and Class II Gaming: Innovate gaming experiences enhancing player engagement.

2. PlayDigital:

Casino and Sports Platform: Omni-channel offering with over 8,000 games and a variety of player engagement tools.

IGT PlaySports: Award-winning sports betting technology providing a comprehensive B2B sports betting solution.

3. Lottery:

OMNIA and iLottery: Pioneering lottery solutions delivering seamless player experiences and retail transformation.

Infinity Instants: Leading instant ticket printing and design technology.

4. Specific Products:

Whitney Houston Slots: A game offering jackpots on the new SkyRise™ cabinet, featuring Prosperity Link mechanics and bonuses inspired by Whitney Houston’s music.

Recent Developments

New Products and Features

Mystery of the Lamp Game: Launched in US online gaming markets through IGT PlayDigital.

New Cabinets and Lottery Solutions: Expanded offerings showcased at G2E 2024 and World Lottery Summit 2024.

IGT ADVANTAGE™ X: Transformation in CMS design for enhanced reliability and security.

Awards and Recognitions

Tiger and Dragon: Won "Best Slot Product" in the 2025 GGB Gaming & Technology Awards.

Triple Fortune Link: Another Premium MLP product making significant impact.

Partnerships and Corporate Developments

FanDuel Sportsbooks Partnership: IGT named exclusive retail sports betting platform provider for four additional years in North America.

Corporate Social Responsibility: Achieved a gold medal sustainability rating from EcoVadis and MSCI ESG rating of AAA.

Sustainability and Community Efforts

Recognized as a leader in ESG practices, IGT aligns its operations with the United Nations Sustainable Development Goals, focusing on reducing greenhouse gas emissions and promoting responsible gaming initiatives.

Conclusion

International Game Technology PLC (IGT) continues to lead in the gaming industry with its diverse product portfolio and commitment to innovative, sustainable, and responsible gaming solutions. Despite fierce competition, its global reach, strategic partnerships, and recognized leadership in gaming innovation underscore its pivotal role in advancing the market forward.