{"id":7161,"date":"2024-05-16T11:16:12","date_gmt":"2024-05-16T11:16:12","guid":{"rendered":"https:\/\/slategray-wallaby-310340.hostingersite.com\/index.php\/2024\/05\/16\/igt-announces-q1-2024-financial-report\/"},"modified":"2024-05-16T11:16:12","modified_gmt":"2024-05-16T11:16:12","slug":"igt-announces-q1-2024-financial-report","status":"publish","type":"post","link":"https:\/\/casino-online-best.com\/index.php\/2024\/05\/16\/igt-announces-q1-2024-financial-report\/","title":{"rendered":"IGT Announces Q1 2024 Financial Report"},"content":{"rendered":"<div>\n<p>International Game Technology PLC (IGT) has released its financial results for the first quarter, concluding on March 31, 2024, showcasing a robust performance across various segments.<\/p>\n<p>Vince Sadusky, CEO of IGT, expressed optimism about the company\u2019s performance, attributing the success to innovative game solutions and hardware advancements. He emphasized the upward revision of revenue and profit targets for the full year, indicative of sustained momentum across key performance indicators.<\/p>\n<h2><strong>Key Highlights of Q1 2024<\/strong><\/h2>\n<p>Amidst notable achievements, IGT announced the impending spin-off of its Gaming &#038; Digital business, slated to merge with Everi Holdings Inc., with the transaction expected to finalize in late 2024 or early 2025. The company garnered industry recognition, clinching prestigious awards at the <a href=\"https:\/\/igaming.org\/casino-news\/a-glimpse-into-the-future-with-slotegrator-at-ice-london-2024\/\">ICE London 2024<\/a> awards programs, including \u201cLottery Product of the Year\u201d and \u201cBest Diversity and Inclusion Employer.\u201d<\/p>\n<p>Additionally, IGT secured a supply contract extension from the UK National Lottery and executed a licensing agreement with the Maryland Lottery for its patented Cash Pop draw-based game. The company\u2019s game title, Mystery of the Lamp, was crowned \u201cTop Performing New Premium Game\u201d at the 2024 EKG Slot Awards Show.<\/p>\n<p>Further augmenting its presence, IGT secured a contract to deploy PeakDual 27 video lottery terminals across Quebec and launched iGaming content in Rhode Island. Noteworthy accolades include achieving a AAA MSCI ESG rating, the highest possible, and receiving a gold medal sustainability rating from EcoVadis.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-logo box-25 relative\">\n<div class=\"space-org-3-item-logo-ins box-100 text-center relative\">\n<div class=\"space-org-logo-title-box box-100 text-left relative\">\n<div class=\"space-org-3-item-logo-box box-25 relative img-radius\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/mirax-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n\t\t<amp-img alt=\"Mirax Casino\" src=\"https:\/\/igaming.org\/wp-content\/uploads\/2023\/01\/Mirax-Casino.png.webp\" width=\"50\" height=\"50\" layout=\"fixed\"><br \/>\n\t\t<\/amp-img><br \/>\n\t\t<\/a>\n\t\t<\/div>\n<div class=\"space-org-3-item-logo-title box-25 relative py-10\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/mirax-casino\/\" title=\"Mirax Casino\" target=\"_blank\" rel=\"nofollow noopener\">Mirax Casino<\/a>\n\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\">\n\t\t<strong>350% or 5BTC + <strong>150 Spins!<\/strong><\/strong><br \/>\n\t\t<\/p>\n<div class=\"pt-1\">New players only. Exclusive Welcome Bonus of 350% + 150 Free Spins\n<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-rating box-25 relative mb-10\">\n<div class=\"rating-box text-center box-100  relative\">\n<div class=\"space-org-3-item-rating-box relative\">\n<div class=\"stars\"><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><\/div>\n<div class=\"space-org-rating-notice relative\">Casino<\/div>\n<\/p><\/div>\n<p>\t\n\t\t\t\t <\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-button box-25 relative\">\n<div class=\"space-org-3-item-button-ins box-100 text-center relative\">\n\t\t\t\t<a href=\"https:\/\/igaming.org\/site\/mirax-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow noopener\">\tVisit Site<\/a>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>Max Chiara, CFO of IGT, underscored the company\u2019s record organic profit performance in Q1 2024, excluding separation and divestiture costs. He said, <em>\u201cWe delivered a record organic profit performance in the first quarter, if we exclude Separation &#038; divestiture costs. The Company is operating from a position of strength with historically low net debt leverage, ample liquidity, and manageable near-term debt maturities.\u201d\u00a0<\/em><\/p>\n<p>\u00a0<\/p>\n<p>The post <a href=\"https:\/\/igaming.org\/casino-news\/igt-announces-q1-2024-financial-report\/\">IGT Announces Q1 2024 Financial Report<\/a> appeared first on <a href=\"https:\/\/igaming.org\/\">iGaming.org<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>International Game Technology PLC (IGT) has released its financial results for the first quarter, concluding on March 31, 2024, showcasing a robust performance across various segments. Vince Sadusky, CEO of IGT, expressed optimism about the company\u2019s performance, attributing the success to innovative game solutions and hardware advancements. He emphasized the upward revision of revenue and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-7161","post","type-post","status-publish","format-standard","hentry"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/7161","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/comments?post=7161"}],"version-history":[{"count":0,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/7161\/revisions"}],"wp:attachment":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/media?parent=7161"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/categories?post=7161"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/tags?post=7161"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}