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4-Traders Homepage  >  Equities  >  Nyse  >  International Game Technology PLC    IGT   GB00BVG7F061

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IGT : Megabucks Awards $11.8 Million Jackpot at Fremont Hotel & Casino in Las Vegas

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08/14/2017 | 12:46pm CEST

LONDON, Aug. 14, 2017 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) Megabucks(®) slot game awarded a mega-sized $11,856,654.67 jackpot to a lucky player at the Fremont Hotel & Casino in Las Vegas on August 8, 2017. The luck-struck player made a max-bet wager on the Megabucks Double 3X4X5X Pay game to win the colossal jackpot.

This win marks the largest jackpot awarded on the Megabucks theme in 2017.

No one pays jackpots like IGT. This jackpot continues IGT Megabucks' mega-payout history, now totaling more than $1 billion since its inception in 1986. The world record in slot jackpots was won on IGT Megabucks and paid out $39 million in March 2003.

For more information, visit IGT or go to Facebook at facebook.com/IGT, follow us on Twitter, twitter.com/IGTnews or watch IGT videos on YouTube, youtube.com/igt.

About IGT
IGT (NYSE:IGT) is the global leader in gaming. We enable players to experience their favorite games across all channels and regulated segments, from Gaming Machines and Lotteries to Interactive and Social Gaming. Leveraging a wealth of premium content, substantial investment in innovation, in-depth customer intelligence, operational expertise and leading-edge technology, our gaming solutions anticipate the demands of consumers wherever they decide to play. We have a well-established local presence and relationships with governments and regulators in more than 100 countries around the world, and create value by adhering to the highest standards of service, integrity, and responsibility. IGT has over 12,000 employees. For more information, please visit www.igt.com.

Contact:
Robert K. Vincent, Corporate Communications, toll free in U.S./Canada (844) IGT-7452; outside U.S./Canada (401) 392-7452
Michelle Schenk, Global Communications, Gaming (702) 669-8177
James Hurley, Investor Relations, (401) 392-7190
Simone Cantagallo, (+39) 06 51899030; for Italian media inquiries

© 2017 IGT

All other trademarks used herein are owned by IGT or its affiliates, may not be used without permission, and where indicated with a ®, are registered in the U.S. Patent and Trademark Office.

View original content with multimedia:http://www.prnewswire.com/news-releases/igt-megabucks-awards-118-million-jackpot-at-fremont-hotel--casino-in-las-vegas-300503591.html

SOURCE IGT

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Financials ($)
Sales 2017 4 803 M
EBIT 2017 842 M
Net income 2017 -280 M
Debt 2017 7 170 M
Yield 2017 4,00%
P/E ratio 2017 -
P/E ratio 2018 111,11
EV / Sales 2017 2,34x
EV / Sales 2018 2,24x
Capitalization 4 046 M
Chart INTERNATIONAL GAME TECHNOL
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International Game Technol Technical Analysis Chart | IGT | GB00BVG7F061 | 4-Traders
Technical analysis trends INTERNATIONAL GAME TECHNOL
Short TermMid-TermLong Term
TrendsNeutralBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 6
Average target price 26,0 $
Spread / Average Target 30%
EPS Revisions
Managers
NameTitle
Marco Sala Chief Executive Officer & Director
Philip Glen Satre Chairman
Alberto Fornaro Chief Financial Officer & Executive Vice President
Alberto Dessy Independent Non-Executive Director
James Francis McCann Non-Executive Director
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