New York-listed International Game Technology (IGT) has reported a 2 per cent fall in full year revenue to $4,831m following a 6 per cent decline in fourth quarter revenue.
Revenue in fourth quarter fell by 6 per cent to $1,266m or 4 per cent in constant currency, as Gaming revenue fell by 4.8 per cent to $632m and Lottery revenue fell by 2.1 per cent to $547m. Other revenue in the fourth quarter fell by 28.7 per cent to $87m.
For the full year, IGT’s total revenue fell by 2 per cent to $4,831m, as total Gaming revenue fell 7.8 per cent to $2,306m and Other revenue fell 1.9 per cent to $364m. This offset a 4.5 per cent improvement in total Lottery revenue to $2,161m.