IGT Secures Italy Lotto License, Plans Digital Expansion

International Game Technology ( (IGT) ) has issued an announcement.

On May 20, 2025, International Game Technology PLC announced its successful acquisition of the Italy Lotto License, extending its contract through November 2034. This strategic move includes a significant upfront fee and plans for digital expansion, expected to enhance IGT’s revenue and profit potential. The company aims to leverage its existing player base and retail network to drive digital adoption, positioning itself for long-term growth in the Italian gaming market.

The most recent analyst rating on (IGT) stock is a Hold with a $22.00 price target. To see the full list of analyst forecasts on International Game Technology stock, see the IGT Stock Forecast page.

Spark’s Take on IGT Stock

According to Spark, TipRanks’ AI Analyst, IGT is a Neutral.

International Game Technology demonstrates strengths in operational efficiency and cash flow generation. However, declining revenues and high leverage present notable risks. The technical indicators suggest a lack of strong momentum, while the stock’s valuation and dividend yield offer a positive view for investors. The earnings call highlights both opportunities and challenges, with macroeconomic uncertainties impacting the outlook.

To see Spark’s full report on IGT stock, click here.

More about International Game Technology

International Game Technology PLC (IGT) is a leading company in the gaming industry, specializing in lottery systems, gaming machines, and digital gaming solutions. The company focuses on providing innovative gaming experiences and has a strong presence in both retail and digital markets, particularly in Italy.

Average Trading Volume: 1,603,470

Technical Sentiment Signal: Sell

Current Market Cap: $3.25B

See more data about IGT stock on TipRanks’ Stock Analysis page.