Endorsed by Gambling911

IGT Seeking Sale: Shares Hit Five-Year Record High

Written by:

Aaron Goldstein

Published on:

Jun/10/2014

IGT Seeking Sale: Shares Hit Five-Year Record High

News that International Game Technology (IGT) is potentially seeking a buyer resulted in shares reaching a five-year high on Monday. Morgan Stanley has been brought on to assess a sale of the slot maker’s business.

The shares rose 14 percent to $14.31 at the close in New York Monday, the biggest one-day gain since April 3, 2009. The stock had fallen 31 percent this year through June 6.

The company makes popular slot machines bearing a variety of brands such as that of television show "Wheel of Fortune," as well as the movie "Avatar."
According to IGTs website, customers include Stations Casinos, MGM Resorts International, and the Bellagio Resort and Casino.

IGT was the subject of a hostile board shakeup last year widely covered on the Gambling911.com website at the time.

- Aaron Goldstein, Gambling911.com

Gambling News

How Do I Create My Own Bookie Website

Our friends at AcePerHead.com offer up three guidelines for creating your own sports bookmaking website. It's easy as 1-2-3. Just make sure you have enough capital on hand to pay players just in case you have a few bad months getting off the ground.

Oilers-Stars Series Betting Line is Tight

Following Dallas' overtime victory against Winnipeg last night, the Western Conference Final matchup is set.

Journalism Comes From Behind to Win the Preakness 2 Weeks After Finishing 2nd in the Kentucky Derby

Journalism jostled with horses down the stretch, shrugged off the contact, burst through the lane and came from behind to win the 150th running of the Preakness Stakes on Saturday.

Top Betting Markets May 17, 2025

The Preakness will be the most wagered event today followed by a handful of MLB games. Let's take a look.

Top Betting Markets - May 16 - Free Picks Now 7-1-1

The Boston Celtics vs. New York Knicks Game 6 of the 2025 NBA Playoffs is your hot betting market this evening. New York leads the series 3-2 and could eliminated the Celtics, who are without Jayton Tatum. Over $71 million has been bet on this series at Kalshi alone thus far.