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

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International Game Technology PLC : Reports Second Quarter 2017 Results

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08/01/2017 | 12:46pm CET

LONDON, Aug. 1, 2017 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE:IGT) today reported financial results for the second quarter and six months ended June 30, 2017. Today, at 8:00 a.m. EDT / 1:00 p.m. BST / 2:00 p.m. CEST, management will host a conference call and webcast to present the second quarter results; access details are provided below.

"Our second quarter results reflect strong key performance indicators for both our global Lottery and Gaming businesses," said Marco Sala, CEO of IGT. "Lottery growth is benefiting from innovation and effective sales and product marketing initiatives. In Gaming, the global installed base was up and unit sales of gaming machines were higher, as were average selling prices, all supported by strong demand for new cabinets. Overall, we are pleased with the results of the first half, and we expect a more robust product offer to support stronger sales and profit levels in the second half of the year."

"We've made a lot of good progress on many levels so far this year," said Alberto Fornaro, CFO of IGT. "We are lowering our debt and we are enhancing cash generation through disciplined asset and financial management. We are maintaining our outlook for adjusted EBITDA and net debt for the year, and have modestly reduced capital expenditures to account for certain timing shifts."

Summary of Consolidated Second Quarter 2017 Financial Results

                      Quarter Ended June 30,    Change      Constant
                                                            Currency
                                                             Change


                           2017            2016    (%)         (%)
                           ----            ----    ---          ---

    (In $ millions,
     unless otherwise
     noted)

    Revenue               1,220           1,285         -5%          -5%

    Operating Income        192             171         12%          12%

    Net (loss) income
     per diluted
     share               (1.43)           0.36          NA           NA

    Net debt              6,999           7,830        -11%           NA

    Adjusted EBITDA         424             443         -4%          -4%

    Adjusted
     Operating Income       264             290         -9%          -9%

    Adjusted net
     income per
     diluted share         0.15            0.43        -65%           NA
    --------------         ----            ----         ---           ---
    Note: Adjusted EBITDA, adjusted
     operating income, and adjusted net
     income per diluted share are non-
     GAAP financial measures.
     Reconciliations of non-GAAP
     financial measures to the most
     directly comparable GAAP financial
     measures are provided at the end of
     this news release.

Comparability of Results

All figures presented in this news release are prepared under U.S. GAAP, unless noted otherwise. Adjusted figures exclude the impact of items such as purchase accounting, impairment charges, restructuring expense, foreign exchange, and certain one-time, primarily transaction-related items. Reconciliations to the most directly comparable U.S. GAAP measures are included in the tables in this news release. Constant currency changes for 2017 are calculated using the same foreign exchange rates as the corresponding 2016 period. Management uses non-GAAP financial measures to understand and compare operating results across accounting periods, for internal budgeting and forecasting purposes, and to evaluate the Company's financial performance. Management believes these non-GAAP financial measures reflect the Company's ongoing business in a manner that allows for meaningful period-to-period comparisons and analysis of business trends. These constant currency changes and non-GAAP financial measures should however be viewed in addition to, and not as an alternative for, the Company's reported results prepared in accordance with U.S. GAAP.

Overview of Consolidated Second Quarter Results

Consolidated revenue was $1,220 million compared to $1,285 million in the second quarter of 2016. The constant currency decline of 5% is mostly attributable to the new Lotto concession dynamics and the sale of Double Down Interactive LLC ("DoubleDown"), which closed on June 1, 2017.

Global lottery same-store revenue, excluding Italy, grew 2.6% in the second quarter, on top of strong North America jackpot activity in the prior year period. Excluding multi-state jackpot games, global lottery same-store revenue grew 4.9%. In Italy, late numbers activity was lower than the elevated levels in the second quarter of 2016. Excluding late numbers, Italy Lotto wagers increased 1%.

Gaming service revenue was primarily impacted by the sale of DoubleDown. The global installed base continues to grow, rising 2,701 units from the prior-year period. Global gaming product revenue increased 5% over the second quarter of 2016 driven by 25% growth in terminal sales that was partially offset by lower systems sales. The Company shipped 8,884 gaming machines worldwide during the second quarter, led by strong replacement unit demand.

Operating income was $192 million, compared to $171 million in the second quarter of 2016, and Adjusted operating income was $264 million compared to $290 million in the prior-year period. Adjusted EBITDA was $424 million compared to $443 million in the second quarter of 2016, reflecting the DoubleDown sale and the new Italy Lotto concession terms that were partially offset by disciplined operating expense management.

Interest expense was $116 million compared to $118 million in the prior-year period.

Net loss attributable to IGT was $290 million in the second quarter of 2017 inclusive of $220 million of net foreign exchange loss. On an adjusted basis, net income attributable to IGT was to $31 million. The Company reported a net loss per diluted share of $(1.43) and earned $0.15 per diluted share on an adjusted basis.

Cash from operations was $543 million in the first half of the year and capital expenditures were $371 million. The Company made the final $185 million upfront installment payment for the new Lotto concession in Italy during the second quarter.

Cash and cash equivalents were $495 million as of June 30, 2017, compared to $294 million as of December 31, 2016. Net debt was $6,999 million as of June 30, 2017.

Operating Segment Review

North America Gaming & Interactive
Revenue for North America Gaming & Interactive was $310 million compared to $350 million in the second quarter of 2016. Comparability is affected by the sale of DoubleDown.

Service revenue was $208 million compared to $246 million in the prior-year period, reflecting the DoubleDown sale and a year-over-year decrease in the installed base. Product sales were $102 million compared to $104 million in the second quarter of 2016, which benefitted from a large system sale. Terminal sales improved 16%, driven by higher average selling prices and increased new and expansion unit shipments. The segment shipped 5,293 gaming machine units in the quarter compared to 5,163 units in the prior-year period.

Operating income for North America Gaming & Interactive was $76 million compared to $88 million in the second quarter of 2016. The decline is primarily due to lower revenues, largely from the sale of DoubleDown, and partially offset by a decrease in operating expenses.

North America Lottery
North America Lottery revenue was $293 million in the second quarter of 2017, compared to $286 million reported in the second quarter of 2016. The growth reflects solid same-store revenue growth, as well as an incentive contribution from the New Jersey Lottery. Excluding the New Jersey contribution, revenue declined as same-store revenue growth was offset by the exit of certain contracts and lower product sales.

Service revenue was $278 million compared to $267 million in the second quarter of 2016. Same-store revenue growth of 2.2% was supported by 5.6% growth in draw-based games and instant tickets, offset by lower jackpot game activity and the exit of certain low-margin contracts. Product sales were $15 million compared to $19 million in the second quarter of 2016, which included a large sale in California.

Operating income for North America Lottery rose 29% to $79 million reflecting the contribution from the New Jersey incentive and higher same-store revenues, partly offset by lower product sales.

International
International revenue was $211 million compared to $207 million in the second quarter of 2016. On a constant currency basis, International revenue increased 3%.

Lottery same-store revenue grew 3.6% on broad-based strength in Latin America.

Gaming service revenue was $43 million compared to $46 million in the second quarter of 2016, down 4% at constant currency due to lower interactive revenue. The installed base continued to grow led by Greece and South Africa.

Product sale revenue rose to $79 million from $73 million in the prior-year period, driven by higher gaming terminal sales in Latin America and EMEA, including revenue recognized for gaming machines shipped in the first quarter of 2017. The segment shipped a total of 3,591 gaming machine units during the second quarter of 2017 compared to 2,989 units in the prior-year period, led by strong replacement unit demand.

International operating income, at constant currency, increased 68% on higher gaming product sales and favorable mix; reduced selling, general and administrative expenses; and lower bad debt and impairment expenses.

Italy
Italy revenue was $404 million compared to $443 million in the second quarter of 2016. At constant currency, revenue declined 8% as a result of the new Lotto concession dynamics and a lower contribution from late numbers.

Total Lotto wagers in the quarter were EUR1,842 million compared to EUR2,056 million in the prior-year period, reflecting significantly lower late numbers activity. Excluding late numbers, Lotto wagers increased 1% over the prior year period reflecting continued strength in 10eLotto. Instant-ticket wagers were essentially unchanged at EUR2,183 million on strong sales of multiplier tickets despite fewer new ticket launches in 2017.

Machine gaming service revenue was in-line with the prior year period, as increased vertical integration was offset by higher gaming machine taxes. Sports betting revenue increased in the second quarter of 2017 on higher wagers and improved payout.

Italy operating income was $114 million compared to $161 million in the second quarter of 2016. The decrease was mainly attributable to the new Lotto dynamics and lower late number wagers.

Other Developments

The Company's board of directors declared a quarterly cash dividend of $0.20 per ordinary share. The dividend is payable on August 24, 2017 to holders of record as of the close of business on August 11, 2017.

On July 26, 2017, the Company issued a news release announcing a new term loan facility and amendment to the revolving credit facilities. As communicated in that release, those transactions, along with certain additional actions, are expected to deliver approximately $60 million in annualized interest cost savings.

Outlook

The Company is maintaining its outlook for adjusted EBITDA of $1,600-$1,680 million, and the expectation for net debt remains $6,950-$7,150 million for the full year 2017 period. The outlook for maintenance and growth capital expenditures has been reduced by $50 million to $575-$625 million.

Conference Call and Webcast

Today, at 8:00 a.m. EDT / 1:00 p.m. BST / 2:00 p.m. CEST, management will host a conference call to present the second quarter 2017 results. Listeners may access a live webcast of the conference call along with accompanying slides under "News, Events & Presentations" on IGT's Investor Relations website at www.IGT.com. A replay of the webcast will be available on the website following the live event. To listen by telephone, the dial in number is +44 (0) 20 3427 1915 for participants in the United Kingdom and +1 877 280 1254 for listeners outside the United Kingdom. The conference ID/confirmation code is 3185617. A telephone replay of the call will be available for one week at +44 (0) 20 3427 0598 or +1 347 366 9565 using the conference ID/confirmation code 3185617.

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.

Cautionary Statement Regarding Forward-Looking Statements
This news release may contain forward-looking statements (including within the meaning of the Private Securities Litigation Reform Act of 1995) concerning International Game Technology PLC and its consolidated subsidiaries (the "Company") and other matters. These statements may discuss goals, intentions, and expectations as to future plans, trends, events, dividends, results of operations, or financial condition, or otherwise, based on current beliefs of the management of the Company as well as assumptions made by, and information currently available to, such management. Forward-looking statements may be accompanied by words such as "aim," "anticipate," "believe," "plan," "could," "would," "should," "shall", "continue," "estimate," "expect," "forecast," "future," "guidance," "intend," "may," "will," "possible," "potential," "predict," "project" or the negative or other variations of them. These forward-looking statements speak only as of the date on which such statements are made and are subject to various risks and uncertainties, many of which are outside the Company's control. Should one or more of these risks or uncertainties materialize, or should any of the underlying assumptions prove incorrect, actual results may differ materially from those predicted in the forward-looking statements and from past results, performance, or achievements. Therefore, you should not place undue reliance on such statements. Factors that could cause actual results to differ materially from those in the forward-looking statements include (but are not limited to) the factors and risks described in the Company's annual report on Form 20-F for the financial year ended December 31, 2016 and other documents filed from time to time with the SEC, which are available on the SEC's website at www.sec.gov and on the investor relations section of the Company's website at www.IGT.com. Except as required under applicable law, the Company does not assume any obligation to update these forward-looking statements. You should carefully consider these factors and other risks and uncertainties that affect the Company's business. All forward-looking statements contained in this news release are qualified in their entirety by this cautionary statement. All subsequent written or oral forward-looking statements attributable to International Game Technology PLC, or persons acting on its behalf, are expressly qualified in its entirety by this cautionary statement.

Contact:
Robert K. Vincent, Corporate Communications, toll free in U.S./Canada +1 (844) IGT-7452; outside U.S./Canada +1 (401) 392-7452
James Hurley, Investor Relations, +1 (401) 392-7190
Simone Cantagallo, +39 06 51899030; for Italian media inquiries

                  International Game Technology PLC

           Condensed Consolidated Statements of Operations

         ($ and shares in thousands, except per share data)

                              Unaudited


                                           For the three months ended
                                          --------------------------

                                                 June 30,
                                                --------

                                                 2017                       2016
                                                 ----                       ----


    Service revenue                         1,023,478                  1,089,954

    Product sales                             196,026                    195,515

    Total revenue                           1,219,504                  1,285,469


    Cost of services                          616,740                    637,832

    Cost of product sales                     138,362                    144,640

    Selling, general and
     administrative                           210,185                    239,241

    Research and development                   80,512                     84,288

    Restructuring expense                      11,463                      6,438

    Impairment loss                                 -                     2,352

    Transaction income, net                  (29,630)                      (43)

    Total operating expenses                1,027,632                  1,114,748


    Operating income                          191,872                    170,721


    Interest income                             2,460                      2,754

    Other expense, net                       (26,112)                     (575)

    Foreign exchange (loss)
     gain, net                              (220,386)                    88,152

    Interest expense                        (115,984)                 (117,715)

    Total non-operating
     expenses                               (360,022)                  (27,384)


    (Loss) income before
     provision for income taxes             (168,150)                   143,337


    Provision for income taxes                 84,086                     60,439


    Net (loss) income                       (252,236)                    82,898


    Less: Net income
     attributable to non-
     controlling interests                     37,665                     10,202


    Net (loss) income
     attributable to IGT PLC                (289,901)                    72,696
                                             ========                     ======



    Net (loss) income
     attributable to IGT PLC
     per common share -basic                   (1.43)                      0.36

    Net (loss) income
     attributable to IGT PLC
     per common share -diluted                 (1.43)                      0.36


    Weighted-average shares -
     basic                                    202,946                    201,229

    Weighted-average shares -
     diluted                                  202,946                    201,565

                  International Game Technology PLC

           Condensed Consolidated Statements of Operations

         ($ and shares in thousands, except per share data)

                              Unaudited


                                           For the six months ended
                                          ------------------------

                                                 June 30,
                                                --------

                                                 2017                     2016
                                                 ----                     ----


    Service revenue                         2,050,423                2,225,075

    Product sales                             321,665                  341,955

    Total revenue                           2,372,088                2,567,030


    Cost of services                        1,241,034                1,286,595

    Cost of product sales                     252,698                  266,416

    Selling, general and
     administrative                           410,709                  466,767

    Research and development                  163,133                  168,995

    Restructuring expense                      20,730                   15,856

    Impairment loss                                 -                   2,352

    Transaction (income) expense, net        (27,309)                   1,431

    Total operating expenses                2,060,995                2,208,412


    Operating income                          311,093                  358,618


    Interest income                             5,086                    7,047

    Other expense, net                       (23,445)                 (7,901)

    Foreign exchange loss, net              (267,223)                (73,404)

    Interest expense                        (230,783)               (236,130)

    Total non-operating expenses            (516,365)               (310,388)


    (Loss) income before provision for
     income taxes                           (205,272)                  48,230


    Provision for income taxes                 73,756                   51,781


    Net loss                                (279,028)                 (3,551)


    Less: Net income attributable to
     non-controlling interests                 65,663                   16,527


    Net loss attributable to IGT PLC        (344,691)                (20,078)
                                             ========                  =======



    Net loss attributable to IGT PLC
     per common share -basic                   (1.70)                  (0.10)

    Net loss attributable to IGT PLC
     per common share -diluted                 (1.70)                  (0.10)


    Weighted-average shares - basic           202,714                  200,840

    Weighted-average shares - diluted         202,714                  200,840

                                   International Game Technology PLC

                                 Condensed Consolidated Balance Sheets

                                             ($ thousands)

                                               Unaudited


                                              June 30,                 December 31,

                                                            2017                          2016
                                                            ----                          ----

    Assets

    Current assets:

    Cash
     and
     cash
     equivalents                                         494,681                       294,094

     Restricted
     cash
     and
     investments                                         229,858                       247,222

    Trade
     and
     other
     receivables,
     net                                                 824,527                       947,237

    Inventories                                          380,307                       347,494

    Other
     current
     assets                                              381,877                       424,727

    Income
     taxes
     receivable                                           21,474                        28,792

       Total
        current
        assets                                         2,332,724                     2,289,566


     Systems,
     equipment
     and
     other
     assets
     related
     to
     contracts,
     net                                               1,368,878                     1,199,674

     Property,
     plant
     and
     equipment,
     net                                                 196,529                       357,841

     Goodwill,
     net                                               6,391,819                     6,810,012

     Intangible
     assets,
     net                                               2,403,203                     2,874,031

    Other
     non-
     current
     assets                                            1,507,464                     1,497,662

     Deferred
     income
     taxes                                                32,872                        31,376

       Total
        non-
        current
        assets                                        11,900,765                    12,770,596


    Total
     assets                                           14,233,489                    15,060,162
                                                      ==========                    ==========


    Liabilities, redeemable non-
     controlling interests, and
     shareholders' equity

    Current liabilities:

     Accounts
     payable                                           1,180,035                     1,216,079

    Other
     current
     liabilities                                         829,681                     1,097,045

     Current
     portion
     of
     long-
     term
     debt                                                567,313                            77

    Income
     taxes
     payable                                             178,945                        28,590

       Total
        current
        liabilities                                    2,755,974                     2,341,791


    Long-
     term
     debt,
     less
     current
     portion                                           6,926,234                     7,863,085

     Deferred
     income
     taxes                                               654,635                       761,924

    Other
     non-
     current
     liabilities                                         460,664                       444,556

       Total
        non-
        current
        liabilities                                    8,041,533                     9,069,565


    Total
     liabilities                                      10,797,507                    11,411,356


     Commitments
     and
     contingencies                                             -                            -


     Redeemable
     non-
     controlling
     interests
     and
     shareholders'
     equity                                            3,435,982                     3,648,806


    Total
     liabilities,
     redeemable
     non-
     controlling
     interests,
     and
     shareholders'
     equity                                           14,233,489                    15,060,162
                                                      ==========                    ==========

                                     International Game Technology PLC

                              Condensed Consolidated Statements of Cash Flows

                                               ($ thousands)

                                                 Unaudited


                                                 For the six months ended
                                                 ------------------------

                                                          June 30,
                                                         --------

                                                                      2017          2016
                                                                      ----          ----

    Operating activities

    Net loss                                                     (279,028)      (3,551)

    Adjustments for:

    Foreign exchange loss,
     net                                                           267,233        73,404

    Amortization                                                   218,427       253,074

    Depreciation                                                   185,906       198,881

    Amortization of upfront
     payments to customers                                         101,039        55,178

    Loss on early
     extinguishment of 7.500%
     Senior Secured Notes due
     2019                                                           25,725             -

    Debt issuance cost
     amortization                                                   10,042         9,086

    Stock-based compensation
     expense                                                         3,273        17,034

    Non-cash gain on sale of
     Double Down Interactive
     LLC                                                          (51,233)            -

    Other, net                                                       4,040        21,598

    Cash flows before changes
     in operating assets and
     liabilities                                                   485,424       624,704

    Changes in operating
     assets and liabilities,
     net of disposition:

    Trade and other
     receivables                                                   146,763        35,133

    Inventories                                                      1,819       (6,271)

    Accounts payable                                             (105,477)     (68,596)

    Other assets and
     liabilities                                                    14,695      (61,163)
                                                                    ------       -------

    Net cash flows provided
     by operating activities                                       543,224       523,807
                                                                   -------       -------


    Investing activities

    Proceeds from sale of
     Double Down Interactive
     LLC, net of cash
     divested                                                      823,662             -

    Proceeds from sale of
     assets                                                        162,758        49,394

    Upfront payments to
     customers                                                   (185,368)    (390,390)

    Capital expenditures                                         (370,590)    (219,632)

    Other                                                            2,620        13,004

    Net cash flows provided
     by (used in) investing
     activities                                                    433,082     (547,624)


    Financing activities

    Principal payment on
     7.500% Senior Secured
     Notes due 2019                                              (355,697)            -

    Principal payments on
     other long-term debt,
     net                                                         (315,918)    (236,669)

    Dividends paid                                                (81,162)     (80,340)

    Dividends paid - non-
     controlling interests                                        (50,464)     (27,552)

    Payments in connection
     with the early
     extinguishment of 7.500%
     Senior Secured Notes due
     2019                                                         (38,824)            -

    Return of capital - non-
     controlling interests                                        (35,907)     (35,407)

    Net (payments of)
     receipts from financial
     liabilities                                                  (28,092)        4,510

    Capital increase - non-
     controlling interests                                         127,211       151,359

    Other                                                         (19,352)      (2,288)

    Net cash flows used in
     financing activities                                        (798,205)    (226,387)


    Net increase (decrease)
     in cash and cash
     equivalents                                                   178,101     (250,204)

    Effect of exchange rate
     changes on cash                                                22,486        12,732

    Cash and cash equivalents
     at the beginning of the
     period                                                        294,094       627,484

    Cash and cash equivalents
     at the end of the period                                      494,681       390,012
                                                                   =======       =======



    Supplemental Cash Flow
     Information:

    Interest paid                                                (245,753)    (256,331)

    Income taxes paid                                             (21,492)     (38,742)

                 International Game Technology PLC

                              Net Debt

                           ($ thousands)



                         June 30,                  December 31,

                                      2017                           2016
                                      ----                           ----


    6.250%
     Senior
     Secured
     Notes due
     2022                        1,476,196                      1,472,150

    6.500%
     Senior
     Secured
     Notes due
     2025                        1,086,213                      1,085,537

    4.750%
     Senior
     Secured
     Notes due
     2023                          958,878                        884,917

    4.125%
     Senior
     Secured
     Notes due
     2020                          792,032                        730,465

    5.625%
     Senior
     Secured
     Notes due
     2020                          594,847                        593,954

    4.750%
     Senior
     Secured
     Notes due
     2020                          553,922                        509,050

    7.500%
     Senior
     Secured
     Notes due
     2019                          149,420                        521,894

    5.500%
     Senior
     Secured
     Notes due
     2020                          126,001                        126,294

    5.350%
     Senior
     Secured
     Notes due
     2023                           61,135                         61,187

    6.625%
     Senior
     Secured
     Notes due
     2018                                -                       521,556

    Senior
     Secured
     Notes                       5,798,644                      6,507,004


    Term Loan
     Facilities
     due 2019                      909,931                        839,552

    Revolving
     Credit
     Facilities
     due 2021                      217,659                        516,529

    Long-term
     debt, less
     current
     portion                     6,926,234                      7,863,085


    6.625%
     Senior
     Secured
     Notes due
     2018                          567,313                              -

    Other                                -                            77

    Current
     portion of
     long-term
     debt                          567,313                             77


    Total debt                   7,493,547                      7,863,162


    Cash and
     cash
     equivalents                   494,681                        294,094


    Net debt                     6,998,866                      7,569,068
                                 =========                      =========

                                                                                       International Game Technology PLC

                                                                                Condensed Consolidated Statement of Operations

                                                                                 Reconciliation of Non-GAAP Financial Measures

                                                                              ($ and shares in thousands, except per share data)



                                                           Adjustments
                                                           -----------

                                     Q2 2017                                                                                                                Transaction               Q2 2017

                                       As               Purchase                                  Foreign                        Restructuring            and Refinancing               As

                                    Reported           Accounting                                Exchange                           Expense                Expense, net              Adjusted
                                    --------           ----------                                --------                           -------                ------------              --------


     Total revenue                           1,219,504                  (180)                                      -                                  -                         -             1,219,324


     Cost of services                          616,740               (38,510)                                      -                                  -                         -               578,230

     Cost of product sales                     138,362               (23,618)                                      -                                  -                         -               114,744

     Selling, general and
      administrative                           210,185               (28,169)                                      -                                  -                         -               182,016

     Research and development                   80,512                  (210)                                      -                                  -                         -                80,302

     Restructuring expense                      11,463                      -                                      -                           (11,463)                         -                     -

     Transaction income, net                  (29,630)                     -                                      -                                  -                    29,630                      -

     Total operating expenses                1,027,632               (90,507)                                      -                           (11,463)                    29,630                955,292


     Operating income                          191,872                 90,327                                       -                             11,463                   (29,630)               264,032


     Foreign exchange loss, net              (220,386)                     -                                220,386                                   -                         -                     -

     Other (expense) income, net              (26,112)                 1,617                                       -                                  -                    25,725                  1,230

     Interest expense, net                   (113,524)                   717                                       -                                  -                         -             (112,807)

     Total non-operating expenses            (360,022)                 2,334                                 220,386                                   -                    25,725              (111,577)


     (Loss) income before provision
      for income taxes                       (168,150)                92,661                                 220,386                              11,463                    (3,905)               152,455


     Provision for income taxes (a)             84,086                 32,003                                  50,428                               2,962                   (85,782)                83,697


     Net (loss) income                       (252,236)                60,658                                 169,958                               8,501                     81,877                 68,758


     Less: Net income attributable
      to non-controlling interests              37,665                     26                                       -                                  -                         -                37,691


     Net (loss) income attributable
      to IGT PLC                             (289,901)                60,632                                 169,958                               8,501                     81,877                 31,067
                                              ========                 ======                                 =======                               =====                     ======                 ======


     Net (loss) income per common
      share -diluted                            (1.43)                                                                                                                                            0.15

     Weighted-average shares -
      diluted (b)                              202,946                                                                                                                                          203,076
                                               -------                                                                                                                                          -------
    (a)              Provision for income taxes was
                     determined based on the
                     statutory tax rate in effect in
                     the respective jurisdiction
                     where the adjustment
                     originated.

    (b)              Weighted-average shares -
                     diluted, as adjusted, include
                     shares that were excluded from
                     the as reported computation,
                     due to the net loss as
                     reported.

                                                                                      International Game Technology PLC

                                                                                     Consolidated Statement of Operations

                                                                                Reconciliation of Non-GAAP Financial Measures

                                                                              ($ and shares in thousands, except share amounts)



                                                           Adjustments
                                                           -----------

                                     Q2 2016                                                                                     Impairment/            Transaction         Q2 2016

                                       As               Purchase                                      Foreign                   Restructuring             (Income)            As

                                    Reported           Accounting                                    Exchange                      Expense                Expense          Adjusted
                                    --------           ----------                                    --------                      -------                -------          --------


     Total revenue                           1,285,469                    264                                           -                            -                 -             1,285,733


     Cost of services                          637,832               (45,340)                                          -                            -                 -               592,492

     Cost of product sales                     144,640               (29,687)                                          -                            -                 -               114,953

     Selling, general and
      administrative                           239,241               (34,857)                                          -                            -                 -               204,384

     Research and development                   84,288                  (496)                                          -                            -                 -                83,792

     Restructuring expense                       6,438                      -                                          -                      (6,438)                 -                     -

     Impairment loss                             2,352                      -                                          -                      (2,352)                 -                     -

     Transaction income, net                      (43)                     -                                          -                            -                43                      -

     Total operating expenses                1,114,748              (110,380)                                          -                      (8,790)                43                995,621


     Operating income                          170,721                110,644                                           -                        8,790               (43)               290,112


     Foreign exchange gain, net                 88,152                      -                                   (88,152)                            -                 -                     -

     Other expense, net                          (575)                 1,260                                           -                            -                 -                   685

     Interest expense, net                   (114,961)                 2,036                                           -                            -                 -             (112,925)

     Total non-operating expenses             (27,384)                 3,296                                    (88,152)                            -                 -             (112,240)


     Income (loss) before provision
      for income taxes                         143,337                113,940                                    (88,152)                        8,790               (43)               177,872


     Provision for (benefit from)
      income taxes (a)                          60,439                 41,330                                    (22,703)                        2,054               (32)                81,088


     Net income (loss)                          82,898                 72,610                                    (65,449)                        6,736               (11)                96,784


     Less: Net income attributable
      to non-controlling interests              10,202                     25                                           -                            -                 -                10,227


     Net income (loss) attributable
      to IGT PLC                                72,696                 72,585                                    (65,449)                        6,736               (11)                86,557
                                                ======                 ======                                     =======                         =====                ===                 ======


     Net income per common share -
      diluted                                     0.36                                                                                                                                   0.43

     Weighted-average shares -
      diluted                                  201,565                                                                                                                                201,565
                                               -------                                                                                                                                -------
    (a)              Provision for (benefit from)
                     income taxes was determined
                     based on the statutory tax
                     rate in effect in the
                     respective jurisdiction
                     where the adjustment
                     originated.

                                                                                           International Game Technology PLC

                                                                                    Condensed Consolidated Statement of Operations

                                                                                     Reconciliation of Non-GAAP Financial Measures

                                                                                  ($ and shares in thousands, except per share data)



                                    Year to date               Adjustments                                               Year to date
                                                               -----------

                                     June 2017                                                                                                                   Transaction              June 2017

                                         As                 Purchase                                  Foreign                         Restructuring            and Refinancing                As

                                      Reported             Accounting                                Exchange                            Expense                Expense, net               Adjusted
                                      --------             ----------                                --------                            -------                ------------               --------


     Total revenue                               2,372,088                  (358)                                      -                                   -                         -              2,371,730


     Cost of services                            1,241,034               (80,740)                                      -                                   -                         -              1,160,294

     Cost of product sales                         252,698               (53,300)                                      -                                   -                         -                199,398

     Selling, general and
      administrative                               410,709               (63,097)                                      -                                   -                         -                347,612

     Research and development                      163,133                  (411)                                      -                                   -                         -                162,722

     Restructuring expense                          20,730                      -                                      -                            (20,730)                         -                      -

     Transaction income, net                      (27,309)                     -                                      -                                   -                    27,309                       -

     Total operating expenses                    2,060,995              (197,548)                                      -                            (20,730)                    27,309               1,870,026


     Operating income                              311,093                197,190                                       -                              20,730                   (27,309)                501,704


     Foreign exchange loss, net                  (267,223)                     -                                267,223                                    -                         -                      -

     Other (expense) income, net                  (23,445)                 1,651                                       -                                   -                    25,725                   3,931

     Interest expense, net                       (225,697)                 1,805                                       -                                   -                         -              (223,892)

     Total non-operating expenses                (516,365)                 3,456                                 267,223                                    -                    25,725               (219,961)


     (Loss) income before provision
      for income taxes                           (205,272)               200,646                                 267,223                               20,730                    (1,584)                281,743


     Provision for income taxes (a)                 73,756                 70,232                                  61,096                                6,134                   (84,929)                126,289


     Net (loss) income                           (279,028)               130,414                                 206,127                               14,596                     83,345                 155,454


     Less: Net income attributable
      to non-controlling interests                  65,663                     51                                       -                                   -                         -                 65,714


     Net (loss) income attributable
      to IGT PLC                                 (344,691)               130,363                                 206,127                               14,596                     83,345                  89,740
                                                  ========                =======                                 =======                               ======                     ======                  ======


     Net (loss) income per common
      share -diluted                                (1.70)                                                                                                                                              0.44

     Weighted-average shares -
      diluted (b)                                  202,714                                                                                                                                            203,066
                                                   -------                                                                                                                                            -------
    (a)              Provision for income taxes was
                     determined based on the
                     statutory tax rate in effect in
                     the respective jurisdiction
                     where the adjustment
                     originated.

    (b)              Weighted-average shares -
                     diluted, as adjusted, include
                     shares that were excluded from
                     the as reported computation,
                     due to the net loss as
                     reported.

                                                                                          International Game Technology PLC

                                                                                         Consolidated Statement of Operations

                                                                                    Reconciliation of Non-GAAP Financial Measures

                                                                                  ($ and shares in thousands, except share amounts)



                                    Year to date               Adjustments                                                   Year to date
                                                               -----------

                                     June 2016                                                                                             Impairment/                                    June 2016

                                         As                 Purchase                                      Foreign                         Restructuring            Transaction                As

                                      Reported             Accounting                                    Exchange                            Expense                 Expense               Adjusted
                                      --------             ----------                                    --------                            -------                 -------               --------


     Total revenue                               2,567,030                    956                                           -                                   -                     -              2,567,986


     Cost of services                            1,286,595               (91,144)                                          -                                   -                     -              1,195,451

     Cost of product sales                         266,416               (59,351)                                          -                                   -                     -                207,065

     Selling, general and
      administrative                               466,767               (69,603)                                          -                                   -                     -                397,164

     Research and development                      168,995                  (994)                                          -                                   -                     -                168,001

     Restructuring expense                          15,856                      -                                          -                            (15,856)                     -                      -

     Impairment loss                                 2,352                      -                                          -                             (2,352)                     -                      -

     Transaction expense, net                        1,431                      -                                          -                                   -               (1,431)                      -

     Total operating expenses                    2,208,412              (221,092)                                          -                            (18,208)               (1,431)              1,967,681


     Operating income                              358,618                222,048                                           -                              18,208                  1,431                 600,305


     Foreign exchange loss, net                   (73,404)                     -                                     73,404                                    -                     -                      -

     Other expense, net                            (7,901)                 4,092                                           -                                   -                     -                (3,809)

     Interest expense, net                       (229,083)                 4,074                                           -                                   -                     -              (225,009)

     Total non-operating expenses                (310,388)                 8,166                                      73,404                                    -                     -              (228,818)


     Income (loss) before provision
      for income taxes                              48,230                230,214                                      73,404                               18,208                  1,431                 371,487


     Provision for income taxes (a)                 51,781                 81,901                                      13,574                                5,180                    262                 152,698


     Net (loss) income                             (3,551)               148,313                                      59,830                               13,028                  1,169                 218,789


     Less: Net income attributable
      to non-controlling interests                  16,527                     50                                           -                                   -                     -                 16,577


     Net (loss) income attributable
      to IGT PLC                                  (20,078)               148,263                                      59,830                               13,028                  1,169                 202,212
                                                   =======                =======                                      ======                               ======                  =====                 =======


     Net (loss) income per common
      share -diluted                                (0.10)                                                                                                                                              1.00

     Weighted-average shares -
      diluted (b)                                  200,840                                                                                                                                            201,547
                                                   -------                                                                                                                                            -------
    (a)              Provision for (benefit from)
                     income taxes was determined
                     based on the statutory tax rate
                     in effect in the respective
                     jurisdiction where the
                     adjustment originated.

    (b)              Weighted-average shares -
                     diluted, as adjusted, include
                     shares that were excluded from
                     the as reported computation,
                     due to the net loss as
                     reported.

                                 International Game Technology PLC

                                Adjusted EBITDA and Free Cash Flow

                          Reconciliations of Non-GAAP Financial Measures

                                           ($ thousands)



                                           For the three months
                                                   ended
                                          ---------------------

                                                 June 30,
                                                 --------

                                                              2017             2016
                                                              ----             ----


    Net (loss) income                                    (252,236)          82,898

    Provision for income
     taxes                                                  84,086           60,439

    Non-operating
     expenses                                              360,022           27,384

    Amortization                                           102,186          127,578

    Depreciation                                            93,985          100,364

    Amortization of
     upfront payments to
     customers                                              51,640           27,769

    Restructuring expense                                   11,463            6,438

    Stock-based
     compensation expense                                    2,424            7,732

    Bad debt expense                                            11                -

    Impairment loss                                              -           2,352

    Non-cash purchase
     accounting
     (excluding D&A)                                         (204)             224

    Transaction income,
     net                                                  (29,630)            (43)

    Adjusted EBITDA                                        423,747          443,135
                                                           =======          =======




    Cash flows from
     operating activities                                  259,556          318,202

    Capital expenditures                                 (198,538)       (121,961)

    Upfront payments to
     customers                                           (185,368)       (390,390)

    Free Cash Flow                                       (124,350)       (194,149)
                                                          ========         ========

    International Game Technology PLC Segment Performance

    Revenue Detail

    ($ millions)



                                                                                   INTERNATIONAL GAME TECHNOLOGY PLC                 Quarter Change
                                                                                   ---------------------------------                 --------------

                                                                                                                      2016      2017                  Percentage           Constant FX
                                                                                                                      ----      ----                  ----------           -----------

                                                                                                   Q2                        Q2                         Q2                   Q2
                                                                                                  ---                       ---                        ---                   ---

    Gaming                                               Total Revenue         663                                      630                     -4.9%               -4.5%
    ------


                                                         Gaming Services       495                                      454                     -8.3%               -7.8%

                                                         Terminal              320                                      311                     -2.7%               -2.4%

                                                         Social (DDI)           72                                       43                    -40.1%              -39.9%

                                                         Other                 103                                       99                     -3.5%               -2.0%


                                                         Product Sales         168                                      177                      5.1%                5.0%

                                                         Terminal              106                                      132                     25.3%               25.0%

                                                         Other                  63                                       44                    -28.8%              -28.8%
                                                         -----                 ---                                      ---                     -----                -----


    Lottery                                              Total Revenue         546                                      502                     -8.1%               -7.6%
    -------


                                                         Lottery Services      519                                      485                     -6.6%               -6.2%

                                                         FM/Concessions        458                                      426                     -7.0%               -6.6%

                                                         LMA                    39                                       55                     42.1%               42.1%

                                                         Other Services         22                                        4                    -82.8%              -79.9%


                                                         Product Sales          27                                       18                    -35.5%              -35.3%

                                                         Terminal                8                                        1                    -85.8%              -85.8%

                                                         Systems/Other          19                                       16                    -13.1%              -12.9%
                                                         -------------         ---                                      ---                     -----                -----


    Other                                                Total Revenue          76                                       87                     13.9%               14.5%
    -----


                                                         Service Revenue        76                                       85                     12.0%               12.4%

                                                         Product Sales           0                                        2                    586.2%              636.8%
                                                         -------------         ---                                      ---                     -----                -----


    Consolidated                                         Revenue             1,285                                    1,220                     -5.1%               -4.7%
    ------------



                                                         Operating Income:

                                                         Segment Total         338                                      315                     -6.9%               -6.8%

                                                         Purchase Accounting (111)                                    (90)                   -18.4%              -18.3%

                                                         Corporate Support    (57)                                    (33)                   -42.7%              -41.1%

                                                         Total                 171                                      192                     12.4%               12.1%
                                                         -----                 ---                                      ---                      ----                 ----



                                                                                   NORTH AMERICA GAMING & INTERACTIVE                Quarter Change
                                                                                   ----------------------------------                --------------

                                                                                                                      2016      2017                  Percentage           Constant FX
                                                                                                                      ----      ----                  ----------           -----------

                                                                                                   Q2                        Q2                         Q2                   Q2
                                                                                                  ---                       ---                        ---

    Gaming                                               Total Revenue         350                                      310                    -11.3%              -11.1%
    ------


                                                         Gaming Services       246                                      208                    -15.4%              -15.3%

                                                         Terminal              132                                      122                     -7.5%               -7.4%

                                                         Social (DDI)           72                                       43                    -40.1%              -39.9%

                                                         Other                  42                                       43                      2.3%                2.4%


                                                         Product Sales         104                                      102                     -1.6%               -1.3%

                                                         Terminal               64                                       74                     16.3%               16.8%

                                                         Other                  40                                       28                    -30.3%              -30.0%
                                                         -----                 ---                                      ---                     -----                -----


    Total                                                Revenue               350                                      310                    -11.3%              -11.1%
    -----


                                                         Operating Income       88                                       76                    -13.5%              -14.5%
                                                         ----------------      ---                                      ---                     -----                -----



                                                                                         NORTH AMERICA LOTTERY                       Quarter Change
                                                                                         ---------------------                       --------------

                                                                                                                      2016      2017                  Percentage           Constant FX
                                                                                                                      ----      ----                  ----------           -----------

                                                                                                   Q2                        Q2                         Q2                   Q2
                                                                                                  ---                       ---                        ---

    Gaming                                               Total Revenue          37                                       37                     -1.6%               -1.1%
    ------


                                                         Gaming Services        37                                       37                     -1.5%               -1.1%

                                                         Terminal               26                                       25                     -1.1%               -1.1%

                                                         Social (DDI)            0                                        0                      0.0%                0.0%

                                                         Other                  12                                       11                     -2.4%               -1.0%


                                                         Product Sales           0                                        0                    -34.3%              -34.3%

                                                         Terminal                0                                        0                   -100.0%             -100.0%

                                                         Other                   0                                        0                    -28.7%              -28.7%
                                                         -----                 ---                                      ---                     -----                -----


    Lottery                                              Total Revenue         249                                      256                      2.9%                2.9%
    -------


                                                         Lottery Services      230                                      242                      5.1%                5.1%

                                                         FM/Concessions        163                                      158                     -3.0%               -3.0%

                                                         LMA                    39                                       55                     42.1%               42.1%

                                                         Other Services         28                                       28                      0.5%                0.5%


                                                         Product Sales          19                                       15                    -22.9%              -22.8%

                                                         Terminal                8                                        1                    -85.7%              -85.7%

                                                         Systems/Other          11                                       14                     20.2%               20.3%
                                                         -------------         ---                                      ---                      ----                 ----


    Total                                                Revenue               286                                      293                      2.3%                2.4%
    -----


                                                         Operating Income       61                                       79                     29.2%               28.9%
                                                         ----------------      ---                                      ---                      ----                 ----



                                                                                             INTERNATIONAL                           Quarter Change
                                                                                             -------------                           --------------

                                                                                                                      2016      2017                  Percentage           Constant FX
                                                                                                                      ----      ----                  ----------           -----------

                                                                                                   Q2                        Q2                         Q2                   Q2
                                                                                                  ---                       ---                        ---

    Gaming                                               Total Revenue         110                                      117                      6.0%                6.7%
    ------


                                                         Gaming Services        46                                       43                     -7.0%               -4.2%

                                                         Terminal               13                                       13                      0.7%                1.3%

                                                         Social (DDI)            0                                        0                      0.0%                0.0%

                                                         Other                  34                                       30                    -10.0%               -6.2%


                                                         Product Sales          64                                       74                     15.4%               14.5%

                                                         Terminal               42                                       58                     38.5%               37.3%

                                                         Other                  22                                       16                    -27.6%              -27.9%
                                                         -----                 ---                                      ---                     -----                -----


    Lottery                                              Total Revenue          79                                       75                     -5.1%               -2.6%
    -------


                                                         Lottery Services       70                                       72                      1.8%                4.6%

                                                         FM/Concessions         53                                       49                     -7.7%               -5.5%

                                                         LMA                     0                                        0                      0.0%                0.0%

                                                         Other Services         18                                       23                     30.5%               35.0%


                                                         Product Sales           8                                        3                    -65.0%              -64.6%

                                                         Terminal                1                                        0                    -87.0%              -87.0%

                                                         Systems/Other           8                                        3                    -63.2%              -62.7%
                                                         -------------         ---                                      ---                     -----                -----


    Other                                                Total Revenue          18                                       20                      7.7%                7.6%
    -----


                                                         Service Revenue        18                                       18                     -0.7%               -1.6%

                                                         Product Sales           0                                        2                    586.2%              636.8%
                                                         -------------         ---                                      ---                     -----                -----


    Total                                                Revenue               207                                      211                      2.0%                3.3%
    -----


                                                         Operating Income       28                                       45                     63.3%               68.4%
                                                         ----------------      ---                                      ---                      ----                 ----



                                                                                                 ITALY                               Quarter Change
                                                                                                 -----                               --------------

                                                                                                                      2016      2017                  Percentage           Constant FX
                                                                                                                      ----      ----                  ----------           -----------

                                                                                                   Q2                        Q2                         Q2                   Q2
                                                                                                  ---                       ---                        ---

    Gaming                                               Total Revenue         166                                      165                     -0.4%                0.1%
    ------


                                                         Gaming Services       166                                      165                     -0.5%               -0.1%

                                                         Terminal              150                                      150                      0.2%                0.7%

                                                         Social (DDI)            0                                        0                      0.0%                0.0%

                                                         Other                  16                                       14                     -7.8%               -7.2%


                                                         Product Sales           0                                        1                     92.3%               96.0%

                                                         Terminal                0                                        0                      0.0%                0.0%

                                                         Other                   0                                        0                     34.7%               39.4%
                                                         -----                 ---                                      ---                      ----                 ----


    Lottery                                              Total Revenue         219                                      171                    -21.7%              -21.5%
    -------


                                                         Lottery Services      219                                      171                    -21.7%              -21.5%

                                                         FM/Concessions        242                                      219                     -9.6%               -9.4%

                                                         LMA                     0                                        0                      0.0%                0.0%

                                                         Other Services       (23)                                    (48)                   102.7%              103.2%


                                                         Product Sales           0                                        0                      0.0%                0.0%

                                                         Terminal                0                                        0                      0.0%                0.0%

                                                         Systems/Other           0                                        0                      0.0%                0.0%
                                                         -------------         ---                                      ---                       ---                  ---


    Other                                                Total Revenue          58                                       67                     15.9%               16.8%
    -----


                                                         Service Revenue        58                                       67                     15.9%               16.8%

                                                         Product Sales           0                                        0                      0.0%                0.0%
                                                         -------------         ---                                      ---                       ---                  ---


    Total                                                Revenue               443                                      404                     -8.8%               -8.4%
    -----


                                                         Operating Income      161                                      114                    -29.2%              -28.9%
                                                         ----------------      ---                                      ---                     -----                -----

    Consolidated Key Performance Indicators (KPIs)

                                                  Second Quarter

    Period Ended
     June 30                                       2017         2016 % change
    ------------                                   ----         ---- --------


    Installed base (end of period)

       Casino                                    34,853       33,399               4.4%

       VLT -
        Government
        Sponsored
        (ex-Italy)                               16,192       15,605               3.8%

       VLT -Italy
        Supplier
        (B2B)                                     8,819        8,159               8.1%

       Total
        installed
        base                                     59,864       57,163               4.7%

       Yield (average
        revenue per
        unit per day
        -$0.00)                                   29.63        32.57              -9.0%


       Additional Italian Network Details:
       -----------------------------------

       VLT -Operator
        (B2C)                                    10,907       10,995              -0.8%

       AWP                                       59,070       56,300               4.9%


    Machine units shipped

       New/Expansion                              1,849        1,447              27.8%

       Replacement                                7,035        6,705               4.9%

       Total machines
        shipped                                   8,884        8,152               9.0%


    Global lottery same-store revenue
     growth

       Instants & draw games                                   4.9%

       Multistate Jackpots                                   -14.1%

       Total lottery same-store revenue
        growth (ex-Italy)                                      2.6%

       Italy lottery revenue growth                          -21.5%





    North America KPIs

                                                Second Quarter

    Period Ended
     June 30                                       2017         2016 % change
    ------------                                   ----         ---- --------


    Installed base (end of period)

        Casino                                   23,649       24,171              -2.2%

        VLT -
         Government
         Sponsored                               15,267       15,355              -0.6%
                                                 ------       ------               ----

       Total
        installed
        base                                     38,916       39,526              -1.5%


    Machine units shipped

       New/Expansion                              1,408        1,277              10.3%

       Replacement                                3,885        3,886               0.0%

       Total machines
        shipped                                   5,293        5,163               2.5%


    Lottery same-store revenue growth

       Instants & draw games                                   5.6%

       Multistate Jackpots                                   -18.2%

       Total lottery same-store revenue
        growth                                                 2.2%





    International KPIs

                                                Second Quarter

    Period Ended
     June 30                                       2017         2016 % change
    ------------                                   ----         ---- --------


    Installed base (end of period)

        Casino                                   11,204        9,228              21.4%

        VLT -
         Government
         Sponsored                                  925          250             270.0%
                                                    ---          ---              -----

       Total
        installed
        base                                     12,129        9,478              28.0%


    Machine units shipped

       New/Expansion                                441          170             159.4%

       Replacement                                3,150        2,819              11.7%

       Total machines
        shipped                                   3,591        2,989              20.1%


    Lottery same-store revenue growth

       Instants & draw games                                   2.8%

       Multistate Jackpots                                    16.8%

       Total lottery same-store revenue
        growth                                                 3.6%





    Italy KPIs

                                                Second Quarter

    Period Ended
     June 30                                       2017         2016 % change
    ------------                                   ----         ---- --------

    (In EUR millions, except machines)

    Lottery

    Lotto wagers                                  1,842        2,056             -10.4%

       10eLotto                                   1,269        1,191               6.6%

       Core                                         484          542             -10.6%

       Late Numbers                                  88          324             -72.8%


    Scratch & Win
     Wagers                                       2,183        2,200              -0.8%


    Italy lottery revenue growth                             -21.5%


    Gaming

    Installed base (end of period)

       VLT -Operator
        (B2C)                                    10,907       10,995              -0.8%

       VLT -Supplier
        (B2B)                                     8,819        8,159               8.1%

       AWP                                       59,070       56,300               4.9%

       Total
        Installed
        Base                                     78,796       75,454               4.4%


    Wagers

       VLT -Operator
        (B2C)                                     1,370        1,324               3.5%

       AWP                                          960        1,034              -7.2%

       Interactive
        Wagers
        (Gaming)                                    413          398               3.8%


    Other

       Sports Betting
        Wagers(1)                                   226          206               9.5%

       Sports Betting
        Payout (%)(1)                             82.3%       86.5%           -4.2 pp
    (1)Includes Virtual Wagers
     and Pools & Horses

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SOURCE International Game Technology PLC

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Latest news on INTERNATIONAL GAME TECHNOL
11/14 INTERNATIONAL GAME TECHNOLOGY PLC : Reports Third Quarter 2017 Results
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