IGT Lauds Lottery Resilience After $128m Loss

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International Game Technology (IGT) has posted a net loss of $128m for the third quarter, but the company that produces slot machines, lottery and gaming equipment reported gains with its lottery and digital businesses.

The London-headquartered company, with offices in Las Vegas and Reno, reported $982m in revenue for the third quarter, down 15 percent from $1.15bn for the same period last year pre-coronavirus. Net loss was $128m, compared with net income of $104m in 2019.

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