Nasdaq-listed International Game Technology (IGT) announced on Tuesday that the board of directors has declared a cash dividend of US$0.11 per share on its common stock.
“This marks the 47th consecutive quarter that the company has paid a dividend, which is currently the longest streak in the gaming industry,” IGT said in a statement.
The U.S.-based slot machine maker said net income for the three months to September 30 rose 12 percent year-on-year to US$70.9 million. That was on revenue for the quarter that actually fell 15 percent year-on-year to US$536.5 million from US$632.3 million in 2013, the firm reported last week.
In July, Italy-based lottery specialist GTech SpA announced it was acquiring IGT for US$6.4 billion, comprised of US$4.7 billion in cash and stock, and the assumption of US$1.7 billion in net debt. The deal is due to be completed in the first half of 2015.
Oct 22, 2021Starting from the stroke of midnight on October 24 (Sunday), travellers arriving in China’s capital Beijing from Macau are no longer required to undergo a 14-day period of “centralised medical...
”Our own consensus is that any newcomers to this [junket] sector should be corporatised, and should be financially sound and able to commit a higher guarantee deposit”
Kwok Chi Chung
President of junket trade body, the Macau Association of Gaming and Entertainment Promoters