Tag Archives: International Gaming Technology
- IGT posts record first-quarter revenue; slots player wins record €17.8 million
January 23, 2013
International Game Technology (IGT), the Nevada-based manufacturer of slots and other machine-based casino games has released their financial reports on their first quarter fiscal year 2013 performance, and wouldn't you know it, they struck big, posting its best first-quarter performance in the past four years. That's a tremendous achievement for...
- Investing The Hard Way: Why IGT CEO Patti Hart Has Got To Go
October 15, 2012
Last week I noted the negative impact that poor management can have on publicly traded companies and their share prices. But in discussing the collapses in stocks like Zynga (ZNGA), Caesars Entertainment (CZR), and Groupon (GRPN) – falls that were, at least in some part led by management – I...
- Investing The Hard Way: The Smart Money’s Take on Gambling Stocks
September 3, 2012
Over the last two weeks, I've covered the winners and losers from second quarter earnings reports in the gambling sector. Earnings releases are, of course, a major mover for stocks across all industries; witness the 40 percent post-earnings drop at Zynga (ZNGA) or the jump at Bally Technologies (BYI) after...
- Reviewing The Winners From Second Quarter Earnings Reports
August 27, 2012
Last week I reviewed three companies – Caesars Entertainment (CZR), Facebook (FB), and Zynga (ZNGA) – whose stocks were hurt by disappointing second quarter earnings results. This week, we'll look on the brighter side of the quarter for gambling stocks, reviewing companies who I've previously covered and whose recent results...
- Investing The Hard Way: IGT, Stock Repurchases, and Dividends
July 16, 2012
On June 14th, International Game Technology (IGT), the world's largest manufacturer of slot machines, announced a $1 billion share repurchase program, including a $400 million “accelerated” buyback. With IGT stock trading near a three-year low, the announcement had its desired effect: IGT jumped over 14%. In a share repurchase program...
- IGT appoint CFO; APEX Gaming launch APEX LED; Sky Poker introduce Timed Tournaments
February 13, 2012
Gaming equipment specialists, International Game Technology, announced its new Chief Financial Officer and Treasurer - John Vandemore. Effective from today, 13 February, John replaces Pat Cavanaugh, IGT's CFO and Treasurer for the past 3 years. Vandemore comes to IGT from The Walt Disney Company, where he most recently served as Chief...
Investing The Hard Way: Why IGT CEO Patti Hart Has Got To Go
October 15, 2012
A Female Perspective of Poker: Michelle Orpe
August 23, 2013
Neil Channing Joins Sky Poker
November 25, 2014