IGT has released its financial reports for the 4th quarter of 2012. Here are some of the highlights that were mentioned in the report:
- The overall revenues of the company increased by seventeen percent as it reached 631 million USD and the machine’s revenue from North America increased by twenty-five percent.
- The price of the machine sales in North America increased by four percent as it reached 14,700 USD.
Commenting on these results, IGT’s CEO, Patti Hart said that the 4th quarter results highlight a very strong fiscal year for International Gaming Technology. In this quarter, the company leveraged leading content in the online gambling market in order to increase the revenue of the company. She said that for 2012, the company was able to increase the total revenues of the company and enhanced the adjusted earnings for each share by twelve percent. As for the interactive revenues, it was tripled. She also said that 2012 is the 3rd fiscal year in a row that represents a double-digit increase in the winnings for each share, which is a result of the continuing operations.
In 2012, International Game Technology is pleased to announce that it was able to return almost five-hundred and fifty million USD to its shareholders. The company stated that returning as much money to the shareholders is IGT’s main goal.
Due to this amazing success, IGT is the software developer behind many top online casinos such as Mr. Green.
Filed Under: Gambling