Is Intl Game Technology Worth a Wager? - Barron's

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IT'S A TRIED-AND-TRUE RULE of gambling: The House always wins. But sometimes even the House has an off day.

International Game Technology, which makes casino equipment like slot machines, has struggled to overcome consumer weakness and increasing competition.

Its fourth-quarter earnings report indicated the company is still

grappling with those challenges.

After the market closed on Tuesday, International Game Technology (ticker: IGT) reported quarterly earnings of $53 million, or 18 cents per share, on $496 million in revenue. Analysts had forecast earnings of 19 cents per share on revenue of $496 million.

IGT shares dropped 3% in midday trading on ...



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