IGT FOR SALE?

GamingToday.com is an independent sports news and information service. GamingToday.com has partnerships with some of the top legal and licensed sportsbook companies in the US. When you claim a bonus offer or promotion through a link on this site, Gaming Today may receive referral compensation from the sportsbook company. Although the relationships we have with sportsbook companies may influence the order in which we place companies on the site, all reviews, recommendations, and opinions are wholly our own. They are the recommendations from our authors and contributors who are avid sports fans themselves.

For more information, please read How We Rank Sportsbooks, Privacy Policy, or Contact Us with any concerns you may have.

Gaming Today is licensed and regulated to operate in AZ, CO, CT, DC, IA, IL, IN, KS, LA, MD, MI, NV, NJ, NY, PA, TN, VA, WV, & WY.

Tech giants IBM and Microsoft have been rumored as possible suitors should International Game Technology go up for sale.

The possibility that Reno-based IGT, the largest maker of slot machines in the world, may be for sale was bolstered by a report in the June 11 edition of Business Week, which quoted insiders as saying IBM and Microsoft have both expressed interest.

“Either would be acceptable to Chuck,” one IGT insider told the magazine, speaking of Chairman and CEO Chuck Mathewson.

Neither Microsoft nor IBM commented on the report.

IGT closed Friday down 17 cents at $65 on the New York Stock Exchange. Earlier in the day it hit a 52-week high of $66.04. The stock had traded as low as $26.25 during the last year.

About the Author

Get connected with us on Social Media