International Game Technology (IGT)

elp2 (< 20) Submitted: 9/04/06 3:18 PM : Start Price: $37.27 IGT Score: -36.19

International Game Technology is the leading slot machine maker in the gaming industry. While investing in casinos themselves can be overly risky due to the preponderance of huge debt financing in the industry, slot machines are the number one money makers on casino floors and the industry is such that player demand requires casinos to constantly change the machines on the floor. IGT has made many key acquisitions to move from simply slot-maker to complete IT services for casino floors including table management, RFID chips, and slot loyalty programs. Besides benefitting from expansion in the casino industry, many states are legalizing slots-only gaming at horse racing tracks.

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