IGT reports a loss for Q1 2017

International Game Technology posted its financial results for the first quarter of 2017, with a loss of $54.8m. Consolidated revenue amounted to $1.15b compared to the $1.28b posted in the same quarter a year-prior. The company said the revenue decline was due to a number of reasons, the first being comparison with the high jackpot levels of the prior year, in addition to the new Italy Lotto concession dynamics, and finally lower gaming prod...