International Gaming Technology Plc (IGT) saw its forecast for the third and fourth quarters cut by Union Gaming a few days ago based on an expected slow growth rate. That slowdown may turn around much sooner than expected if the latest reports from Deutsche Bank AG are correct.

Deutsche Bank’s US-based stock brokerage indicates that casino operators are giving positive feedback for IGT’s slot machine products. A note issued this past Wednesday outlined the position and was drawn on discussions Deutsche Bank had with casino operators prior to a recent casino industry trade show. According to the note, “The feedback on IGT’s for-sale product was very favourable.”

Deutsche Bank analysts Danny Valoy and Carlo Santarelli added, “Operators noted… specifically the product coming from the legacy GTech studios, has played very well, which has helped IGT drive increasing ship share in casino-operator-purchased video product in 2018.”

GTech merged with IGT three years ago. GTech had been the suitor in the merger, but they settled on using the IGT name.