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IGT NEWS RELEASE INTERNATIONAL GAME TECHNOLOGY PLC REPORTS SECOND QUARTER 2021 RESULTS Revenue up 74 % to over $ 1.0 billion , fueled by strong increases in all businesses , including 35 % Global Lottery same - store sales growth Delivered operating income of $ 244 million , highlighting impressive Global Lottery operating leverage and excellent progress on structural cost savings Net income of $ 365 million comprised of $ 39 million loss from continuing operations and income from discontinued operations of $ 404 million , including gain on sale of assets Adjusted EBITDA increases 170 % to $ 442 million , among the highest in Company history Generated $ 500 million in cash from continuing operations and a record - level $ 380 million of free cash flow during the first half of the year $ 1.0 billion net debt reduction in first half ; net debt leverage improved from 6.4x to 4.3x , reaching target six months early Raising 2021 outlook ; now expect to exceed 2019 levels for key financial metrics this year - LONDON - August 3 , 2021 International Game Technology PLC ( “ IGT ” ) ( NYSE : IGT ) today reported financial results for the second quarter ended June 30 , 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 . " Impressive second quarter results highlight the vitality of our portfolio , " said Marco Sala , CEO of IGT . " Outstanding Lottery performance , the progressive recovery in land - based Gaming , and strong increase in Digital & Betting activities drove substantial revenue and profit growth , delivering Adjusted EBITDA that is among the highest recorded in a quarterly period . On the strength of the first half performance , we are raising our outlook for the year and now expect to exceed 2019 levels for key financial metrics this year . " " Record free cash flow from continuing operations and proceeds from recent asset sales fueled significant debt reduction in the first half , " said Max Chiara , CFO of IGT . " Our leverage profile improved substantially , reaching pre - pandemic levels well ahead of expectations , and improving our credit profile and overall financial condition . " 1