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Stock Market & Financial Investment News

News Breaks
March 25, 2013
07:13 EDTIGTInternational Game downgraded to Neutral from Outperform at Macquarie
Macquarie downgraded International Game given weak regional gaming results and outlook, valuation, competition in the video poker market low barriers to entry in social gaming, and potential distractions from the recent proxy fight. Price target lowered to $18 from $20.
News For IGT From The Last 14 Days
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April 15, 2015
17:07 EDTIGTInternational Game subsidiary awarded $75M-$80M Minnesota Lottery contract
International Game subsidiary GTECH Corporation has entered into a contract with the Minnesota State Lottery to provide new lottery technology, an IP-communications network, multimedia displays, self-service products, and ongoing support services, following a competitive procurement. The 7.5 year integrated services contract with the Lottery contains three renewal options of one year each, or up to one renewal of three years, or any variation thereof. The company expects to receive approximately $75M-$80M in revenues over the base 7.5 year contract period, which runs through August 9, 2023.

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