International Game Technology
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International Game Technology - overview
Established
1980
Location
Las Vegas, NV, US
Primary Industry
Software
About
International Game Technology (IGT) is a prominent global gaming solutions provider, focusing on innovative gaming technology and services that enhance player experiences across various platforms. IGT was founded in 1980 and is headquartered in Las Vegas, US. The company specializes in gaming solutions, including video lottery terminals and online gaming systems. Over the years, IGT has expanded its operations globally, establishing a presence in North America, Europe, and Asia.
IGT offers a comprehensive portfolio of gaming solutions, including video lottery terminals (VLTs), slot machines, online and mobile gaming through IGT PlayDigital, and advanced sports betting solutions via IGT PlaySports. Its clients include casinos, lotteries, and gaming operators, ensuring engaging experiences tailored to various markets. In the most recent year, IGT reported a revenue of USD 2. 06 bn and an EBITDA of USD 597.
60 mn, deriving income from gaming machine sales, maintenance contracts, and software licensing agreements, primarily through B2B transactions. IGT aims to further innovate its product offerings and expand into new markets. Plans for future growth include the launch of new gaming titles and enhancements to IGT PlayDigital by the end of 2024. The company will leverage recent funding to support these initiatives, although specific details on funding allocation have not been disclosed.
Primary Industry
Software
Sub Industries
Gaming
Website
www.igt.com
Total Amount Raised
Subscriber access only
International Game Technology - financials
| Fiscal Year Ended | Sep 30, 2005 | Sep 30, 2006 | Sep 30, 2007 | Sep 30, 2008 | Sep 30, 2009 | Sep 30, 2010 | Sep 30, 2011 | Sep 30, 2012 | Sep 30, 2013 | Sep 30, 2014 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 2,379,400,000 | 2,511,700,000 | 2,621,400,000 | 2,528,600,000 | 2,114,000,000 | 1,987,200,000 | 1,957,000,000 | - | - | - |
| % Revenue Growth (YoY) | - | 5.6% | 4.4% | (3.5%) | (16.4%) | (6.0%) | (1.5%) | - | - | - |
| EBITDA (USD) | 885,900,000 | 960,500,000 | 1,065,800,000 | 945,300,000 | 598,100,000 | 670,100,000 | 731,100,000 | - | - | - |
| Operating Income (USD) | 663,700,000 | 725,100,000 | 800,300,000 | 659,300,000 | 321,300,000 | 433,300,000 | 504,900,000 | - | - | - |
| Operating Margin | 27.9% | 28.9% | 30.5% | 26.1% | 15.2% | 21.8% | 25.8% | - | - | - |
| % EBITDA Margin | 37.2% | 38.2% | 40.7% | 37.4% | 28.3% | 33.7% | 37.4% | - | - | - |
| NET Income (USD) | 436,500,000 | 473,600,000 | 508,200,000 | 342,500,000 | 149,000,000 | 186,000,000 | 283,600,000 | - | - | - |
| % Net Margin | 18.3% | 18.9% | 19.4% | 13.5% | 7.0% | 9.4% | 14.5% | - | - | - |
International Game Technology - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Spin-Off | Completed | IGT's Gaming and Digital Business | - | ||||||||
| N/A | Completed | International Game Technology Campus | - |
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International Game Technology - employee data
International Game Technology - key contacts
| Name | Position | Start Date | End Date | Vcard | Bio | ||
|---|---|---|---|---|---|---|---|
| Chairman Of The Board Of Directors | BM | ||||||
| Board Member | BM |
BM Board Member
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