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International Game Technology Announces Sale of Gaming & Digital Business

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International Game Technology Announces Sale of Gaming & Digital Business

Confident Investing Starts Here:

An update from International Game Technology ( (IGT) ) is now available.

International Game Technology PLC announced the proposed sale of its Gaming & Digital business to a new holding company owned by Apollo Global Management’s funds. This strategic move, disclosed in May 2025, is expected to impact IGT’s operations and market positioning, potentially altering its business focus and financial structure.

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 Outperform.

International Game Technology scores well due to its strong cash flow and strategic moves, like the sale of its gaming and digital business, which strengthens its financial position. However, the stock faces challenges with high leverage and upcoming capital expenditures. Technical indicators suggest caution, but its low valuation and high dividend yield offer potential upside for long-term investors.

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

More about International Game Technology

International Game Technology PLC operates in the gaming industry, offering a wide range of gaming products and services. The company focuses on providing innovative gaming solutions, including lottery systems, gaming machines, and digital gaming platforms, catering to markets worldwide.

Average Trading Volume: 1,402,477

Technical Sentiment Signal: Sell

Current Market Cap: $3.61B

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

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