Login/Register
Ev
Ev
BetConstruct
Pronet Gaming

IGT swings to $1bn loss in 2017 despite improved Q4 performance

8th March 2018 2:27 pm GMT
IGT

New York-listed gaming and lottery supplier International Game Technology (IGT) has posted a net loss of more than $1bn for 2017, with results hit by a $714m impairment charge and $444m of foreign exchange losses.

Revenue for the year fell by 4 per cent to $4.94bn, despite an improvement during the final quarter of 2017 which saw revenue climb 2 per cent to $1.35bn.

IGT benefited from growth in its North American Lottery, Italy, and International business segments [...]

Continue reading

Subscribe for full access to Gaming Intelligence including premium news content, feature articles, news archive, company profiles and more. Includes subscription to the print edition of GIQ magazine and postage.

Subscribe

Already a subscriber or registered user? Login

Related Videos
Relax Gaming
Wa
Greentube
Pragmatic Solutions
Sportradar
Digitain
BTObet
Genius Sport
G2E
Evolution
BigTimeGaming