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There have been a few articles recommending to

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IGT Launches the PeakSlant32 - the First Slot Cabinet in North America with Three 32-Inch Displays PR Newswire (US) - 10/20/2020 6:45:00 AM
IGT Announces Betting Partnership with the NBA PR Newswire (US) - 10/14/2020 4:31:00 PM
IGT Presents "A New Journey, Together" at G2E Virtual Experience 2020 PR Newswire (US) - 10/13/2020 4:31:00 PM
IGT's Resort Wallet Technology Leads Evolution of Cashless Gaming in New York State PR Newswire (US) - 10/13/2020 6:45:00 AM
IGT and Scientific Games Joint Statement on Brazilian LOTEX Concession PR Newswire (US) - 10/6/2020 4:31:00 PM
IGT's Responsible Gaming Leadership Across Multiple Segments Reaffirmed by Independent Assessors PR Newswire (US) - 10/5/2020 6:45:00 AM
IGT Secures Extension to Continue Delivering High-Performing Instant Tickets to the Minnesota Lottery PR Newswire (US) - 9/28/2020 6:45:00 AM
IGT to Bring World-Class PlaySports Platform and Services to Casinos in North Dakota PR Newswire (US) - 9/24/2020 4:32:00 PM
IGT Sole Gaming Industry Supplier with Three Wins in Casino Journal's 2020 "Top 20 Most Innovative Gaming Technology Products... PR Newswire (US) - 9/17/2020 4:46:00 PM
IGT Senior Vice President of Corporate Affairs Scott Gunn Inducted into Lottery Industry Hall of Fame PR Newswire (US) - 9/8/2020 6:45:00 AM
IGT PlaySports Expands Sports Betting Leadership with Addition of In-House Oddsmaking for U.S. Customers PR Newswire (US) - 8/26/2020 4:31:00 PM
IGT Announces Sports Betting Technology Agreement with Boyd Gaming PR Newswire (US) - 8/19/2020 4:31:00 PM
IGT Builds Upon Industry Leadership with New York Lottery Contract Extension PR Newswire (US) - 8/17/2020 4:31:00 PM
Report of Foreign Issuer (6-k) Edgar (US Regulatory) - 8/6/2020 4:36:49 PM
Report of Foreign Issuer (6-k) Edgar (US Regulatory) - 8/4/2020 6:50:02 AM
International Game Technology PLC Reports Second Quarter 2020 Results PR Newswire (US) - 8/4/2020 6:45:00 AM
IGT and FanDuel Group Strike Multi-Year Sports Betting and iGaming Agreement for Entire U.S. Market PR Newswire (US) - 8/3/2020 6:45:00 AM
International Game Technology PLC to Host Second Quarter 2020 Results Conference Call on Tuesday, August 4, 2020 PR Newswire (US) - 7/30/2020 6:45:00 AM
IGT Drives Casino Hardware Innovation with Nationwide Launch of PeakSlant49 Cabinet PR Newswire (US) - 7/29/2020 4:31:00 PM
IGT Wins Casino Management System Contract and Majority of Class III Game Floor Share at Emerald Queen I-5 Casino PR Newswire (US) - 7/9/2020 6:45:00 AM
IGT Advances Slot Play in Pennsylvania Truck Stops with CrystalDual 27 and CrystalSlant Video Gaming Terminals PR Newswire (US) - 7/7/2020 6:45:00 AM
IGT Raises the Bar with Launch of PeakBarTop Cabinet PR Newswire (US) - 7/6/2020 6:45:00 AM
Report of Foreign Issuer (6-k) Edgar (US Regulatory) - 7/2/2020 5:37:18 PM
Report of Foreign Issuer (6-k) Edgar (US Regulatory) - 7/1/2020 7:07:06 AM
IGT Streamlines Business and Leadership Under New Organizational Structure PR Newswire (US) - 7/1/2020 6:45:00 AM
investora2z   Sunday, 11/17/13 06:11:56 AM
Re: None
Post # of 237 
There have been a few articles recommending to buy IGT, especially after the recent correction in the stock. The results were below estimates, though that was mainly caused by an adjustment needed to set aside more money for income taxes. As mentioned in an article on SA, adjusted earnings per share from continuing operations are up 22% to $1.27 if this factor is excluded. Over the years, the fundamentals have improved consistently. The topline has been growing at a decent pace, and even the bottomline has increased consistently. On a ttm basis, the revenues are $2.34 billion and the net income is $272 million. The deal with Caesars Entertainment (CZR) to supply it with 7,000 video poker terminals is yet to have its full effect on the numbers. The performance of Double Down may also continue to bolster the growth in topline as the social casino segment is expected to grow fast over the next few years. Double Down's online gaming revenue went up 74% to $61 million, and the average number of daily users rose 20% to more than 1.6 million. The social revenues continued to grow at a robust pace, and were up 151% over the past year. The legalization of online gambling in more and more states will only increase the potential. The space is attracting competition, with big and small players like Caesars (CZR) and MGT Capital Investments (MGT) making investments. MGT acquired Avcom a few days ago. Online gambling with real money will lead to good growth in the future, especially as the use of mobile internet increases. The valuations are reasonable as the trailing P/E is 17 and forward P/E is 12.65. This indicates expectations of earnings growth over the next few years. Even the PEG is below one and the price to sales is below 2. The repurchase program may help support the price, but the company needs to keep a watch on the level of leverage.

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