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Last €16.08 EUR
Change Today -0.015 / -0.09%
Volume 500.0
IGT On Other Exchanges
New York
As of 3:01 PM 03/26/15 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

6355 South Buffalo Drive

Las Vegas, NV 89113

United States

Phone: 702-669-7777


International Game Technology, a global gaming company, specializes in the design, development, manufacture, and marketing of casino-style gaming equipment, systems technology, and game content across multiple platforms—land-based, online real-money, and social gaming. The company supplies gaming entertainment products worldwide. Products The company provides a range of casino-style game content, equipment and systems technology for land-based and online social and online real-money gaming markets under for-sale, revenue sharing, and other leasing arrangements. Games The company combines elements of math, play mechanics, sound, art, and technological advancements with its library of entertainment licenses and patented intellectual property to provide gaming products designed to provide a high degree of player appeal. It offers various casino-style games in various multi-line, multi-coin, and multi-currency configurations. Machine Configurations Land-based customers can combine the company’s extensive library of games with various gaming machine cabinets. Systems The company's systems products include infrastructure and applications for casino management, customer relationship management, player management, and server-based gaming. The company’s casino and customer relationship management solutions include integrated modules for machine accounting; patron management; cage accounting; table accounting; ticket-in/ticket-out; bonusing (jackpots and promotions); table game automation; payment processing; reporting; and regulatory compliance. The company’s player management solutions feature customized player messaging, tournament management, and integrated marketing and business intelligence modules that provide analytical, predictive, and management tools for maximizing casino operational effectiveness. Its server-based solutions enable electronic game delivery and configuration for slot machines. Interactive The company’s double down online casino-style social gaming operation provides a opportunity for casino entertainment to reach a broader audience, while complementing its other existing offerings and the core casino audience. DoubleDown Casino is available online through Facebook and on various personal computer and mobile devices. Additionally, the company’s land-based casino customers can integrate the DoubleDown Casino link into their own website providing players with access to a large portfolio of social casino-style games. The DoubleDown Casino link provides casino operators with an opportunity to engage players when they are not physically present in the land-based casino. The company also provides real-money online casino and mobile gaming systems infrastructure and applications, content licensing, and back office operational support services. IGT rgs seamlessly integrates onto an operator's interactive platform, allowing access to the company’s portfolio of game content that allows for online real-money gaming in legalized jurisdictions. These systems are primarily focused on the management of digital patron wallets, responsible gaming functionality, fraud detection and prevention, patron credentials, customer relationship management, player accounting, and player analytics. With these solutions, the company deploys a full service platform capable of supporting the main games associated with online real-money gaming, including casino games, sports betting, multi-player poker, and bingo. Research and Development The company’s investment in research and development totaled $224.8 million in 2014. Intellectual Property As of September 30, 2014, the company held approximately 5,400 patents or patent applications and approximately 4,400 trademarks filed and registered worldwide. Its brand licensing arrangements have various expiration dates through 2024 and commonly contain options to extend. Sales Markets The company markets gaming products and services worldwide, with a substantial share of the U.S. and Canada gaming markets. The company offers product-related contract financing for qualified customers and development financing loans to select customers for new or expanding gaming facilities. As of September 30, 2014, the company maintained 60 offices worldwide to respond to local customer needs and a Global Support Center staffed with experts in technical issue resolution. As of September 30, 2014, the company’s international gaming markets included Europe (including the U.K.), the Middle East, and Africa; Latin America (Mexico, South and Central America) and the Caribbean; and Asia, Australia, New Zealand, and the Pacific. Competition The company’s most significant competitors include Ainsworth Game Technology Ltd; Aristocrat Leisure Limited; Aruze Gaming; Bally Technologies, Inc.; Konami Gaming Inc.; the Novomatic Group of Companies; and Scientific Games Corporation. History International Game Technology was founded in 1980. The company was incorporated in Nevada in 1980.


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Industry Average

Valuation IGT Industry Range
Price/Earnings 21.9x
Price/Sales 2.2x
Price/Book 3.7x
Price/Cash Flow 16.7x
TEV/Sales 1.2x

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