AI Spotlight on IGT
Company 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.
Market Data
Last Price | 17.34 |
Change Percentage | -0.23% |
Open | 17.4 |
Previous Close | 17.38 |
Market Cap ( Millions) | 3503 |
Volume | 330999 |
Year High | 27.27 |
Year Low | 16.83 |
M A 50 | 18.18 |
M A 200 | 20.21 |
Financial Ratios
FCF Yield | 26.26% |
Dividend Yield | 4.61% |
ROE | 8.29% |
Debt / Equity | 388.93% |
Net Debt / EBIDTA | 426.15% |
Price To Book | 2.36 |
Price Earnings Ratio | 28.48 |
Price To FCF | 3.81 |
Price To sales | 0.91 |
EV / EBITDA | 7.1 |
News
- Jan -30 - IGT Improves Score in S&P Global Corporate Sustainability Assessment for Fifth Consecutive Year
- Jan -28 - International Game Technology PLC to Host Fourth Quarter and Full Year 2024 Results Conference Call on Tuesday, February 25, 2025
- Jan -22 - IGT Recognized with Top Honors at ICE Barcelona 2025 Award Programs
- Jan -22 - IGT Modernizes Central Lottery System for LOTTO ThΓΌringen in Germany via Seven-Year Contract Extension
- Jan -21 - IGT Wins 10-Year Contract with Loterie Nationale to Deliver World-Class Lottery and iLottery Solutions in Luxembourg
- Jan -16 - IGT Maintains Highest MSCI ESG Rating of AAA for Second Consecutive Year
- Jan -14 - IGT Maintains Responsible Gaming Leadership with World Lottery Association Recertification
- Jan -09 - IGT Becomes First Gaming Industry Supplier to Achieve iCAP Ready Accreditation from National Council on Problem Gambling
- Jan -08 - IGT Earns Top Score in Human Rights Campaign Foundation's 2025 Corporate Equality Index
- Jan -07 - IGT Reveals Localized Versions of Top-Performing Games at ICE Barcelona 2025
- Dec -20 - Playtika Teams Up with IGT to Bring World-Class Slots to Social Casino Games
- Nov -12 - International Game Technology PLC (IGT) Q3 2024 Earnings Call Transcript
- Nov -12 - INTERNATIONAL GAME TECHNOLOGY PLC REPORTS THIRD QUARTER 2024 RESULTS REFLECTING CONTINUING OPERATIONS AFTER ANNOUNCED SALE OF GAMING & DIGITAL
- Nov -11 - Top International Gambling Provider Comparison Report 2024: Evolution vs Aristocrat Leisure vs International Game Technology vs Playtech
- Oct -22 - Yamaha Rightwatersβ’ Lends Support to International Game Fishing Association
- Oct -22 - IGT Strengthens Partnership with La Française des Jeux via Three-Year Contract to Launch Innovative Instant Tickets
- Oct -15 - IGT to Showcase Growth-Driving Solutions at the World Lottery Summit 2024
- Oct -15 - International Game Technology PLC to Host Third Quarter 2024 Results Conference Call on Tuesday, November 12, 2024
- Oct -08 - IGT PlayDigital Engagement Platform Wins "Digital Product of the Year" at the 2024 Global Gaming Awards Americas
- Oct -07 - IGT PlayDigital Launches Global Sensation Mystery of the Lamp Game in US Online Gaming Markets
Business Breakdown
Expected Mid-Term Growth
Segment nΒ°1 -> Global Lottery
Expected Growth : 3.5 %
What the company do ?
Global Lottery is a lottery platform from International Game Technology PLC, offering a global draw-based lottery game with large jackpots and frequent draws.
Why we expect these perspectives ?
The 3.5% growth of Global Lottery from International Game Technology PLC is driven by increasing demand for online lottery games, expansion into new markets, and strategic partnerships. Additionally, the rise of mobile gaming, improved digital infrastructure, and growing disposable income in emerging markets contribute to the segment's growth.
Segment nΒ°2 -> Global Gaming
Expected Growth : 2.8 %
What the company do ?
Global Gaming is a segment of International Game Technology PLC that focuses on designing and delivering gaming solutions for lotteries, casinos, and digital gaming platforms.
Why we expect these perspectives ?
Global Gaming growth driven by increasing demand for online gaming, expansion into new markets, and strategic partnerships. IGT's diversified product portfolio, including slots, lotteries, and digital gaming, positions the company for continued growth. Additionally, the rising popularity of sports betting and the growing trend of gamification in various industries contribute to the 2.8% growth rate.
Segment nΒ°3 -> Play Digital
Expected Growth : 3.2 %
What the company do ?
Play Digital is a digital gaming segment of International Game Technology PLC, offering online gaming, sports betting, and iLottery solutions.
Why we expect these perspectives ?
Play Digital's 3.2% growth is driven by increasing online gaming adoption, expansion into new jurisdictions, and strategic partnerships. Additionally, IGT's content portfolio and platform enhancements are attracting new players, while existing customers are increasing their online gaming spend. Further, the segment is benefiting from the growing popularity of online sports betting and iLottery.
International Game Technology Plc Products
Product Range | What is it ? |
---|---|
Lottery | International Game Technology PLC provides lottery solutions, including instant tickets, draw-based games, and interactive games, to government-sponsored lotteries and charitable organizations. |
Gaming Machines | IGT designs, manufactures, and distributes a wide range of gaming machines, including slot machines, video lottery terminals, and electronic table games, for casinos and gaming venues. |
Casino Management Systems | IGT's casino management systems provide a comprehensive suite of tools for casinos to manage their operations, including player tracking, accounting, and security. |
Interactive Gaming | IGT provides interactive gaming solutions, including online and mobile gaming, to casinos, lotteries, and other gaming operators. |
Sports Betting | IGT provides sports betting solutions, including platform, content, and services, to casinos, lotteries, and other gaming operators. |
International Game Technology PLC's Porter Forces
Threat Of Substitutes
The threat of substitutes for International Game Technology PLC is moderate due to the presence of alternative gaming platforms and products.
Bargaining Power Of Customers
The bargaining power of customers is low due to the company's strong brand reputation and limited switching options for customers.
Bargaining Power Of Suppliers
The bargaining power of suppliers is moderate due to the presence of multiple suppliers and the company's dependence on a few key suppliers.
Threat Of New Entrants
The threat of new entrants is high due to the growing demand for gaming products and the relatively low barriers to entry in the industry.
Intensity Of Rivalry
The intensity of rivalry is high due to the presence of several established competitors and the ongoing competition for market share.
Capital Structure
Value | |
---|---|
Debt Weight | 80.41% |
Debt Cost | 10.76% |
Equity Weight | 19.59% |
Equity Cost | 13.76% |
WACC | 11.34% |
Leverage | 410.53% |
International Game Technology PLC : Quality Control
International Game Technology PLC passed 2 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
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BAIN.PA | SociΓ©tΓ© Anonyme des Bains de Mer et du Cercle des Γtrangers Γ Monaco operates in the gaming, hotels, and rental sectors in Monaco. The company operates casinos; hotels; restaurants; lounge β¦ |
SKIS-B.ST | SkiStar AB (publ) owns and operates Alpine mountain resorts in Sweden, Norway, and Austria. The company operates in three segments: Operation of Mountain Resorts; Property Development & Exploitation; and Operation β¦ |
FDJ.PA | La Française des Jeux Société anonyme operates lottery and online sports betting games worldwide. The company offers instant and draw games. Its brand portfolio comprises Loto, EuroMillions, Cash, Amigo, Joker, ⦠|