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● ● IGT NEWS RELEASE INTERNATIONAL GAME TECHNOLOGY PLC REPORTS FIRST QUARTER 2021 RESULTS 25 % revenue growth to $ 1,015 million on outstanding Global Lottery performance ; continued recovery in Global Gaming including acceleration in Digital & Betting activities Income from continuing operations of $ 138 million ; Adjusted EBITDA of $ 450 million , among the highest levels in Company history , driven by revenue momentum and structural cost savings Achieved cash from operations of $ 251 million ; free cash flow of $ 204 million driven by strong results and invested capital discipline Completed sale of Italy B2C gaming businesses ; net proceeds to partially fund full redemption , by make - whole call , of 4.75 % Senior Secured Euro Notes due February 2023 Company to host Investor Day on November 9 , 2021 LONDON - May 11 , 2021 – International Game Technology PLC ( “ IGT ” ) ( NYSE : IGT ) today reported financial results for the first quarter ended March 31 , 2021. Today , at 8:00 a.m. EDT , management will host a conference call and webcast to present the results ; access details are provided below . " We delivered some of our strongest profit results ever during the first quarter , fueled by robust player demand and significant , structural cost savings , " said Marco Sala , CEO of IGT . " Our Global Lottery segment achieved record same - store sales levels on impressive increases around the world . The Global Gaming segment is demonstrating swift , progressive recovery , including accelerated momentum for Digital & Betting activities . We expect to return to 2019 levels for key financial metrics this year . " " With the recovery in our business in full swing , we are delivering strong operating leverage which , when coupled with invested capital discipline , drove strong cash flows in the quarter , " said Max Chiara , CFO of IGT . " This enabled us to accelerate our debt retirement strategy and gives us confidence in a return to pre - pandemic leverage levels by the end of the current year . " 1