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IGT reports Q4 revenue down 4%, sells Gaming & Digital for $4.05B, forecasts 2025 revenue between $2.55B-$2.65B.
International Game Technology (IGT) reported a revenue decline of 4% in Q4, missing market expectations.
The drop is attributed to increased competition and regulatory challenges, despite strong performance in instant tickets and draw games.
IGT sold its Gaming & Digital business for $4.05 billion and now forecasts 2025 revenue between $2.55 billion and $2.65 billion.
The company’s stock closed slightly down at $17.77.
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IGT reporta ingresos Q4 abajo 4%, vende Gaming & Digital por $4.05B, pronostica ingresos 2025 entre $2.55B-$2.65B.