Why Is International Game Technology PLC (IGT) Among the Best Gambling Stocks to Buy According to Hedge Funds? [Yahoo! Finance]
International Game Technology Ordinary Shares (IGT)
Last international game technology ordinary shares earnings: 3/3 06:45 am
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Source: Yahoo! Finance
International Game Technology PLC (NYSE:IGT) stands against the other gambling stocks. According to a report by The Business Research Company, the global gambling market reached a value of approximately $540.3 billion in 2023 and is projected to reach $744.8 billion in 2028, with a CAGR of 6.6%. This growth is expected to be supported by rising disposable incomes, political stability, and increased foreign investments in emerging markets. Lotteries represented the largest segment in gambling, accounting for 53.9% of the total market. This segment is projected to grow at the fastest CAGR of 8.2% between 2023 and 2028 and is expected to generate $141.4 billion in global annual sales by 2028. The online gambling market is rapidly gaining popularity. According to Research and Markets, the online gambling market is expected to grow to $153.21 billion by 2029, expanding at a CAGR of 10.44%. The widespread use of mobile phones, the internet, and convenient online payment gateways have
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News
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- International Game Technology Announces Expiration of Hart-Scott-Rodino Act Waiting Period [Yahoo! Finance]Yahoo! Finance
- International Game Technology Announces Expiration of Hart-Scott-Rodino Act Waiting PeriodPR Newswire
- International Game Technology (NYSE:IGT) Has Affirmed Its Dividend Of $0.20 [Yahoo! Finance]Yahoo! Finance
- International Game Technology Third Quarter 2024 Earnings: EPS Misses Expectations [Yahoo! Finance]Yahoo! Finance