Financial News

US gaming supplier International Game Technology (IGT) has reported a 17 per cent drop in total revenue to $450.6m for its first quarter ended December 31st, with strong growth from the company’s interactive business unable to offset a significant decline in product sales.

It is the fourth consecutive quarter that IGT has posted a year-on-year decline in revenue.

The supplier’s first quarter results were severely impacted by a 39 per cent decrease in product sales revenue to $148.0m.

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