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IGT enjoys positive momentum as Q1 revenue grows to $1.2bn

22nd May 2018 8:51 am GMT
IGT

New York-listed International Game Technology (IGT) has seen its net loss nearly double to $103.1m during the first quarter of 2018, with results impacted by higher foreign exchange losses and a provision for income taxes of $60.5m.

IGT's Q1 revenue increased by 5 per cent compared to a year ago to $1,207m, driven by strong global casino systems sales, momentum in lottery and growth in sports betting in Italy. On a constant currency basis however, revenue [...]

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