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IGT Revenue Plummets 12% Amid Gaming Boom

5/14/2025

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Summary

Story summary

International Game Technology (IGT) experienced a 12% revenue drop to US$583 million in Q1 2025 due to reduced jackpot activity and economic challenges.
U.S. commercial gaming revenue increased by 7.5% to $72 billion, fueled by igaming and sports betting, generating $15.9 billion in taxes.
Bally’s Corporation reported a 4.7% revenue decline to US$589.2 million in Q1 2025, affected by structural changes, yet saw growth in North America Interactive.
Aristocrat Leisure's net profit grew by 5.6% to AU$732.6 million, with overall revenue rising 8.7% from gaming and interactive segment growth.

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Story summary

International Game Technology (IGT) experienced a 12% revenue drop to US$583 million in Q1 2025 due to reduced jackpot activity and economic challenges.
U.S. commercial gaming revenue increased by 7.5% to $72 billion, fueled by igaming and sports betting, generating $15.9 billion in taxes.
Bally’s Corporation reported a 4.7% revenue decline to US$589.2 million in Q1 2025, affected by structural changes, yet saw growth in North America Interactive.
Aristocrat Leisure's net profit grew by 5.6% to AU$732.6 million, with overall revenue rising 8.7% from gaming and interactive segment growth.