IGT records 3% rise in revenue for 2022

IGT has published its Q4 and full-year results, which showed the company made $4.2bn in revenue for 2022. This revenue total represented a 3% rise year-on-year, while its operating income totalled $922m. Furthermore, IGT reduced its debt by $771m. IGT’s adjusted EBITDA for the year was $1.6bn. For Q4 alone, revenue sat at $1.1bn, with a 21% increase in global gaming revenue and an adjusted EBITDA of $419m. Vince Sadusky, CEO of IGT, said...