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Reports & Data

IGT announces BB+ long-term issuer rating from Fitch

Friday 03 de February 2023 / 12:00

2 minutos de lectura

(London).- International Game Technology PLC announced that Fitch Ratings, Inc. ("Fitch") has assigned each of IGT and its subsidiary, IGT Lottery Holdings B.V., a long-term issuer rating of BB+ with a stable rating outlook and a rating of BBB- to their long-term senior secured debt.

IGT announces BB+ long-term issuer rating from Fitch

According to Fitch's published report, the issuer rating reflects IGT's conservative leverage, which improved meaningfully from pre-pandemic levels primarily because of debt reduction funded by proceeds from the sales of non-core businesses and strong free cash flow generation. 

The strong credit profile positions IGT favorably to continue funding slot machine development and shareholder returns and absorb potential future cash demands related to lottery concessions. 

The rating also considers IGT's leading share in core gaming end markets, specifically lottery.

"We are pleased to have achieved, for the first time from Fitch, an issuer rating of BB+ with a stable outlook and an investment grade senior secured debt rating of BBB-," said Max Chiara, CFO of IGT. 

"These ratings recognize our leadership positions across business segments, our history of delivering solid operating and financial results, and our strong credit profile."

Categoría:Reports & Data

Tags: IGT, International Game Technology,

País: United Kingdom

Región: EMEA

Event

ICE Barcelona 2026

19 de January 2026

Rocío Moitino, from QTech Games: “ICE Barcelona 2026 Was a Strongly Business-Driven Event with a Clear Focus on LATAM”

(Barcelona, SoloAzar Exclusive).- Rocío Moitino, Sales Director for Latin America at QTech Games, the leading game distributor for emerging markets, reviews her experience at ICE Barcelona 2026, the main industry trends, and the company’s strategic priorities for this year.

Monday 02 Feb 2026 / 12:00

NOVOMATIC showcases groundbreaking innovations at ICE 2026

(Gumpoldskirchen/Barcelona).- From January 19–21, ICE Barcelona once again served as the industry’s global epicenter. NOVOMATIC used its expansive 4,500 m² booth to bring its complete 360-degree offering to life, featuring the newest innovations in gaming tech and integrated systems.

Tuesday 03 Feb 2026 / 12:00

Rethinking Pre-Exhibition Strategy: What Timeless Passion Tested Ahead of ICE Barcelona

(Lisbon).- Across Latin American iGaming markets, strategic conversations have increasingly shifted toward stability, optimisation, and long-term frameworks. Major exhibitions remain central to industry visibility, yet the formats surrounding them are quietly evolving.

Monday 02 Feb 2026 / 12:00

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