International Game Technology: Momentum Has Potential To Further Lift The Stock [Seeking Alpha]
International Game Technology Ordinary Shares (IGT)
Last international game technology ordinary shares earnings: 3/3 06:45 am
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US:NYSE Investor Relations:
phx.corporate-ir.net/phoenix.zhtml?c=119000&p=irol-irhome
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Source: Seeking Alpha
SummaryInternational Game Technology's stock has more than doubled from lows due to re-opening of casinos and sports betting momentum.New agreements with Boyd Gaming & FanDuel should fuel growth for IGT for years to come as Sports Gaming spreads across the U.S. bringing as much as 25% further upside.The sector as a whole has been very hot and therefore sustains considerable risk of a pullback in the short-term.Sports Betting Could Fuel International Game Technology For Years To ComeInternational Game Technology PLC (BYDOTCPK:PDYPYDKNGPENN(Figure 1) IGT Offers A Number Of Options For Casino Based Sports GamingCurrently, International Gaming Technology's PlaySports is live in over 40 locations in 14 states (Figure 2). That still leaves plenty of room for expansion including untouched markets in some of the biggestunder the radar casino states(Figure 2) PlaySports Is Currently The Most Used B2B Platform In The U.S.Current ValuationInternational Game Technology is trading at a Price to Bo
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News
- International Game Technology PLC (NYSE: IGT) had its price target lowered by analysts at Truist Financial Co. from $28.00 to $26.00. They now have a "hold" rating on the stock.MarketBeat
- Casino Management Systems Market size worth $ 30.36 Billion, Globally, by 2031 at 15.5% CAGR – Report By Verified Market Research® [Yahoo! Finance]Yahoo! Finance
- Acres and IGT to Resolve all Pending LitigationPR Newswire
- IGT and Acres to Resolve all Pending Litigation [Yahoo! Finance]Yahoo! Finance
- IGT and Acres to Resolve all Pending LitigationPR Newswire