International Game Technology is a hospitality company focusing on the design, manufacture, and marketing of electronic gaming equipment and systems products. Founded in 1975, the company offers an array of entertainment-inspired gaming product lines and has acquired Progressive Gaming International Corporation (PGIC) to expand its portfolio.
With production facilities in Nevada, the United Kingdom, Japan, and China, IGT operates in two segments: North America, accounting for 77% of consolidated revenues, and International, making up the remaining 23%.
IGT is headquartered in Las Vegas, NV, and is recognized as an industry leader with 12,000 employees and an annual revenue of $4.1 billion. The company boasts a diverse workforce with 34.3% female and 44.7% ethnic minorities; however, it lacks political diversity with 74% of employees being members of the Democratic Party. Despite this, IGT enjoys great employee retention with staff members usually staying for 6.5 years. Renato Ascoli serves as the CEO, steering the company towards continued growth and innovation in the global gaming market.
