Igt International Game Technology
LONDON, March 1, 2021 /PRNewswire/ -- International GameTechnology PLC ('IGT') (NYSE: IGT) announced today that it hassuccessfully rolled out the highly anticipated Wheel ofFortune® Megaways™ slots game on IGT PlayDigital'sonline game delivery platform.
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Wheel of Fortune Megaways first launched in New Jersey, where the game set new performancerecords and drove significant player acquisition and retention forIGT's customers. Earlier this week, IGT also launched the game inapproved jurisdictions throughout Europe, with additional go-lives planned for2021 in online gaming jurisdictions around the world.
03/02/21 International Game Technology PLC Reports Fourth Quarter And Full Year 2020 Results. Fourth Quarter: - $885 million in revenue and $96 million in operating income from continuing operations includes highest Global Lottery revenue and profit performance in two years - Cash from operating activities of $255 million; combined free cash flow of $191 million in line with prior-year. IGT is a solution that is widely recognized among the most reliable in the context of such rapid growth. This is driving the substantial revenue increases for us, including nearly 50% growth in. The Investor Relations website contains information about International Game Technology's business for stockholders, potential investors, and financial analysts.
The Wheel of Fortune Megaways game was built specifically foronline and mobile play, and pairs the most popular slots theme ofall time, Wheel of Fortune slots, with Big Time Gaming's (BTG)highly successful, patented Megaways game mechanic. Theaction-packed game joins the IGT PlayDigital library of more than140 exciting PlayCasino games that entertain online and mobileplayers.
BetMGM was among the first online casinos in New Jersey to offer IGT's Wheel of FortuneMegaways, developed by BTG. The game quickly became one of theonline casino's most popular games in NewJersey based upon 2021 bets placed.
'BetMGM is committed to delivering a consistent, world-classgaming experience to our players. Since the addition of Wheel ofFortune Megaways to our gaming offering, it has catapulted to thetop of our performance charts,' said Matthew Sunderland, BetMGM VP of Gaming.'Particularly in combination with the Megaways mechanic, thequality and attraction of the Wheel of Fortune slots brand remainsappealing to players across the UnitedStates.'
'Big Time Gaming was honored to collaborate with the IGTPlayDigital team to bring the Wheel of Fortune Megaways onlineslots game to life,' said NikRobinson, Big Time Gaming CEO. 'Applying Big TimeGaming's leading slots mechanics and pioneering game design to theiconic Wheel of Fortune slots brand that IGT has cultivated formore than two decades was an exceptional experience that resultedin a superior game.'
'In partnership with Big Time Gaming, IGT PlayDigital createda spectacular online game by combining the legendary Wheel ofFortune slots brand with the Megaways game mechanic, which offersplayers one million ways to win in the Free Spinsbonus,' said EnricoDrago, IGT PlayDigital Senior Vice President.'In atime when digital gaming growth is critical to so many IGTcustomers around the world, delivering unique games such as Wheelof Fortune Megaways helps our customers drive performance anddifferentiate their game portfolios.'
Wheel of Fortune Megaways is a six-reel, high volatility gamethat gives players up to 117,649 ways to win and an impressive onemillion ways to win in its Free Spins feature. During the title'sbase game, players have the chance for any wild symbol to morphinto a Wild Megastack™ that is comprised of up to seven wilds thatcollectively can fill the entire reel. The vibrant game leveragesfamiliar Wheel of Fortune sounds, symbols and imagery and givesplayers the chance to enjoy a new take on the player-favoriteWHEEL-OF-FORTUNE! Wheel Bonus.
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For more information and to watch Wheel of Fortune Megawaysgameplay visithttps://www.linkedin.com/showcase/igt-casino-lounge.
Igt International Game Technology
About IGT
IGT (NYSE: IGT) is the global leader ingaming. We deliver entertaining and responsible gaming experiencesfor players across all channels and regulated segments, from GamingMachines and Lotteries to Sports Betting and Digital. Leveraging awealth of compelling content, substantial investment in innovation,player insights, operational expertise, and leading-edgetechnology, our solutions deliver unrivaled gaming experiences thatengage players and drive growth. We have a well-established localpresence and relationships with governments and regulators in morethan 100 countries around the world, and create value by adheringto the highest standards of service, integrity, and responsibility.IGT has approximately 11,000 employees. For more information,please visit www.igt.com.
Contact:
PhilO'Shaughnessy, Global Communications, toll free inU.S./Canada +1 (844) IGT-7452;outside U.S./Canada +1 (401)392-7452
Francesco Luti, +39 3485475493; forItalian media inquiries
James Hurley, Investor Relations, +1(401) 392-7190
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This news release may contain forward-lookingstatements (including within the meaning of the Private SecuritiesLitigation Reform Act of 1995) concerning International GameTechnology 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, basedon current beliefs of the management of the Company as well asassumptions made by, and information currently available to, suchmanagement. Forward-looking statements may be accompanied by wordssuch 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 othervariations of them. These forward-looking statements speak only asof the date on which such statements are made and are subject tovarious risks and uncertainties, many of which are outside theCompany's control. Should one or more of these risks oruncertainties materialize, or should any of the underlyingassumptions prove incorrect, actual results may differ materiallyfrom those predicted in the forward-looking statements and frompast results, performance, or achievements. Therefore, you shouldnot place undue reliance on such statements. Factors that couldcause actual results to differ materially from those in theforward-looking statements include (but are not limited to) thefactors and risks described in the Company's annual report on Form20-F for the financial year ended December31, 2019 and other documents filed from time to time withthe SEC, which are available on the SEC's website at www.sec.govand on the investor relations section of the Company's website atwww.IGT.com. Except as required under applicable law, the Companydoes not assume any obligation to update these forward-lookingstatements. You should carefully consider these factors and otherrisks and uncertainties that affect the Company's business. Nothingin this news release is intended, or is to be construed, as aprofit forecast or to be interpreted to mean that the financialperformance of International Game Technology PLC for the current orany future financial years will necessarily match or exceed thehistorical published financial performance or International GameTechnology PLC, as applicable. All forward-looking statementscontained in this news release are qualified in their entirety bythis cautionary statement. All subsequent written or oralforward-looking statements attributable to International GameTechnology PLC, or persons acting on its behalf, are expresslyqualified in their entirety by this cautionary statement.
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