International Game Technology Plc (IGT) has posted a double-digit revenue growth for the second quarter ending June 30th.

The newly formed IGT Plc. has reported a consolidated revenue increase of 36% to $1.29b from $945.32m in the same quarter last year.

IGT was created by the $6.4b merger in April of Nevada-based slot machine maker International Game Technology and Italy-based lottery specialist GTech SpA. The new entity is now listed as IGT on the New York Stock Exchange.

However, IGT has also reported a net loss attributable to IGT of $117m compared to net income of $55.17m in Q2 2014. The company expects to realize $230m in cost synergies by April 2018, and to achieve two-thirds of targeted savings on an annualized basis by April 2016.