International Game Technology News

Slot machine giant International Game Technology has beefed up its corporate staff by promoting two employees to new positions.

International Game Technology has named Robert Melendres chief legal officer and corporate secretary, and Craig Billings chief of staff and head of corporate development.

International Game Technology says David Johnson has resigned as executive vice president, general counsel and secretary of the Reno-based slot machine maker.

Conventioneers check out Jackpot Battle Royal slot games Tuesday at Aruze Gaming America's booth at the Global Gaming Expo.

International Game Technology, the largest private-sector employer in Washoe County, had good news and bad news last week.

Aristocrat Leisure Ltd has nominated two new directors to the board. The gaming machine maker said on Friday Stephen Morrow and Ian Blackburne have been nominated to the board as non-executive directors.

This week, Ohio voters -- driven by a reeling economy and the promises of jobs and tourism -- approved four major casinos in their state.

Slot machine market leader International Game Technology indicated that it is seeing an "uptick" in gaming industry trends, but that is a far cry from just a couple of years ago.

The major indexes ended the week on a positive note after the release of unemployment figures.

International Game Technology, the area's largest private employer, posted a net loss of $21.3 million or $0.07 per diluted share on Thursday for its latest quarter as casinos continued to delay orders because of the recession.

The slot-machine maker reported a stronger-than-expected profit in the fiscal fourth quarter, and said it saw signs that business was beginning to stabilize.

International Game Technology on Thursday posted a fiscal fourth-quarter loss, but said it thinks demand for its slot machines and casino management systems has stabilized.

Stocks in New York closed higher and three popular indexes rebounded in the afternoon.

The following stocks were among those that moved substantially or traded heavily Friday on the New York Stock Exchange: NYSE: American International Group Inc., down $3.80 at $35.48 The insurance company had a profitable quarter as the value of its investments rose, but the CEO warned that future results will be choppy.

Shares of the following companies were making noteworthy moves in the U.S. stock market early Friday: Advancers Activision Blizzard Inc.

International Game Technology F4Q09 Earnings Call November 5, 2009 5:00 pm ET Executives Craig Billings a ' Vice President of Investor Relations Patti S. Hart a ' President, Chief Executive Officer & Lead Director Richard J. Schneider a ' Executive Vice President Product Strategy Patrick W. Cavanaugh a ' Chief Financial Officer & Executive Vice ...

International Game Technology on Thursday posted a fiscal fourth-quarter loss, but said it thinks demand for its slot machines and casino management systems has stabilized.

Ohio approved a referendum legalizing four new casinos in the state on Monday. The vote marks a significant win for casino operators like Penn National Gaming , as well as gambling suppliers like Bally Technologies , International Game Technology and WMS Industries .

SectorWatch.biz announces the availability of MarketStats for casino and gaming equities in the news and driving markets today.

Many gaming device manufacturers have tried but none have been able to make substantial inroads into taking market share away from International Game Technology in the video poker sector.