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IGT sees 2016 revenue growth but social casino woes continue

9th March 2017 3:44 pm GMT
IGT

New York-listed gaming and lottery supplier International Game Technology (IGT) has reported a 10 per cent increase in revenue to US$5.15bn for 2016, despite the ongoing struggles of its DoubleDown Casino social gaming business which saw results worsen during the final quarter of the year.

On a pro forma basis (representing the combined results of both IGT and GTECH for both years), revenue was up by just 1 per cent following a 3 per cent decline [...]

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