Key Developments: International Game Technology (IGT)

IGT on New York Consolidated

16.89USD
16 Sep 2014
Price Change (% chg)

$0.03 (+0.18%)
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Latest Key Developments (Source: Significant Developments)

International Game Technology announces quarterly dividend
Wednesday, 20 Aug 2014 08:30am EDT 

International Game Technology:Declared cash dividend of $0.11 per share on its common stock.Dividend represents 10 pct increase compared to dividend paid in same quarter last year.Dividend is payable on Oct. 3 to shareholders of record on Sept. 18.  Full Article

International Game Technology and LT Game form partnership to expand game distribution
Thursday, 14 Aug 2014 07:30am EDT 

International Game Technology and LT Game:To expand distribution in Macau and North America, in a three-year agreement between global casino gaming entertainment leader IGT and Paradise Entertainment Limited subsidiary LT Game.IGT will distribute LT Game's live and electronic table game systems in the United States and Canada, while LT Game will serve as distributor for IGT's slot machines in Macau.  Full Article

International Game Technology updates FY 2014 EPS guidance to a range in line with analysts' estimates
Tuesday, 29 Jul 2014 04:05pm EDT 

International Game Technology:Updates FY 2014 guidance for adjusted earnings from continuing operations to $1.00 to $1.06 per share (EPS).FY 2014 EPS of $1.03 - Thomson Reuters I/B/E/S.  Full Article

Gtech SpA to acquire International Game Technology Inc
Wednesday, 16 Jul 2014 12:00am EDT 

Gtech SpA:Enters into definitive merger agreement with International Game Technology Inc, a company in casino and social gaming entertainment, headquartered in Las Vegas, Nevada, U.S.A.Under terms of transaction, International Game Technology and Gtech will combine under a newly formed holding company organized in United Kingdom (NewCo).IGT shareholders will receive combination of $13.69 in cash plus 0.1819 NewCo shares (subject to adjustment) for each share of IGT common stock, equal to an aggregate value of $18.25 per IGT share.Gtech shareholders will exchange each of their existing GTECH shares for one newly issued ordinary share of NewCo.Aggregate transaction value is about $6.4 bln inclusive of the assumption of about $1.75 bln in existing IGT net debt.IGT and Gtech will combine under newly formed UK holding company with its corporate headquarters in United Kingdom and operating headquarters in each of Las Vegas, Providence and Rome.NewCo will be solely listed on New York Stock Exchange (NYSE).IGT's shares will cease trading on NYSE and Gtech's shares will cease to trade on Italian Stock Exchange (Borsa Italiana).Credit Suisse is acting as lead financial advisor to GTECH and left lead arranger and bookrunner for the acquisition financing for the transaction.Morgan Stanley is providing financial advice, and Sidley & Austin LLP and Allen & Overy are acting as legal advisors to IGT.  Full Article

International Game Technology declares cash dividend
Friday, 13 Jun 2014 08:30am EDT 

International Game Technology:Says that its Board of Directors has declared a cash dividend of $0.11 per share on its common stock, a 22 pct. increase compared to the dividend paid in the same quarter last year.The dividend is payable on July 11, 2014 to shareholders of record on June 27, 2014.  Full Article

International Game Technology reiterates FY 2014 EPS guidance
Tuesday, 22 Apr 2014 04:05pm EDT 

International Game Technology:Reiterates FY 2014 revised guidance for adjusted earnings from continuing operations of $1.00 to $1.10 per share.FY 2014 EPS of $1.03 - Thomson Reuters I/B/E/S.  Full Article

International Game Technology Lowers FY 2014 EPS guidance; Gives Q2 2014 EPS guidance below analysts' estimates -Conference Call
Wednesday, 26 Mar 2014 08:30am EDT 

International Game Technology:Adjusts EPS guidance for FY 2014 from $1.28 to $1.38 to $1 to $1.10.Provides Q2 2014 guidance of $0.17 to $0.19.FY 2014 EPS of $1.12 - Thomson Reuters I/B/E/S.Q2 2014 EPS of $0.24 - Thomson Reuters I/B/E/S.  Full Article

International Game Technology announces multi-year agreement with Sony Pictures Consumer Products
Monday, 24 Mar 2014 06:00am EDT 

International Game Technology:New multi-year agreement with Sony Pictures Consumer Products.To deliver most popular slot machine theme of all time, Wheel of Fortune, to players around the world.As part of agreement IGT will develop Wheel of Fortune mobile and online games for its DoubleDown Casino and for-wager online play worldwide through 2024.  Full Article

International Game Technology announces quarterly dividend
Wednesday, 12 Mar 2014 08:30am EDT 

International Game Technology:Declared a cash dividend of $0.11 per share on its common stock.Payable on April 4 to shareholders of record on March 21.  Full Article

International Game Technology systems connect players to excitement at seven feathers casino resort
Thursday, 27 Feb 2014 06:00am EST 

International Game Technology:Says Seven Feathers Casino Resort in Canyonville, Ore has chosen IGT systems enterprise gaming solutions to enhance its connection with players.As part of the partnership, Seven Feathers will connect IGT's Floor Manager solution to 40 Electronic Gaming Machines (EGMs).The machines will also connect to IGT's sbX Analytics, enabling casino operators to examine a broad set of data points to analyze game performance, and optimize the game selection on the floor for increased ROI.  Full Article

GTECH says 14 banks back IGT acquisition with $10.7 bln loan

MILAN, Aug 20 - Italian lottery operator GTECH said on Wednesday 14 banks have agreed to lend it up to $10.7 billion, in part to back its planned acquisition of U.S. slot machine maker International Game Technology.

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