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Stock Market & Financial Investment News

News Breaks
February 7, 2013
08:22 EDTIGTAdler Group sends letter to IGT stockholders regarding board nominees
"Since last September, we have sought a dialogue with the IGT board regarding our concerns with IGT's operating and share price performance and how we believe we can help create value for ALL shareholders. We have had no confidence that our views--which we believe are strongly aligned with all shareholders' interests--have been considered, and we are determined to seek the support of our fellow shareholders in order to gain better representation for all of us in the boardroom. Unfortunately, in response to our efforts, our Board and management have resorted to a series of cheap personal attacks designed, in our view, simply to distract shareholders from the real issue... The Ader nominees have a forward-looking plan to refocus IGT on its core slot machine and systems business in order to increase shareholder value. As detailed in our presentation, we believe that our plan could create incremental annual EBITDA of $160M-200M with an associated upfront investment of $125M-150M."
News For IGT From The Last 14 Days
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July 17, 2015
08:07 EDTIGTInternational Game signs five-year extension agreement with Maryland Lottery
International Game has entered into a five-year extension agreement with the Maryland Lottery and Gaming Control Commission to continue providing the Company's INTELLIGEN central monitoring and control system for the existing video lottery terminal program at the state's five licensed VLT venues: Hollywood Casino Perryville, The Casino at Ocean Downs, Maryland Live! Casino, Rocky Gap Resort and Casino, and Horseshoe Casino Baltimore. Additionally under the extension agreement, the Company will provide technology and services to connect the VLTs at the state's sixth licensed VLT venue, MGM National Harbor, which is expected to open in the third or fourth quarter of 2016, to INTELLIGEN.
July 16, 2015
08:06 EDTIGTInternational Game subsidiary to be awarded 7-year contract by Wisconsin Lottery
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