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GT Reports Revenue Drop, Cost Savings

International Game Technology, Plc. reported revenues of $637 million for the second quarter, down some 48 percent from Q2 2019’s $1.24 billion, with its CEO citing the Covid-19 shutdown as the reason. Gaming equipment and interactive sales fell 65 percent, with revenues from slots and gaming equipment down 57 percent. However, in an earnings call,… Read more »

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