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IGT NEWS RELEASE INTERNATIONAL GAME TECHNOLOGY PLC REPORTS THIRD QUARTER 2021 RESULTS Third quarter consolidated revenue up 21 % to $ 984 million , propelled by double - digit growth across all business segments Operating income more than doubled to $ 212 million fueled by significant operating leverage across businesses ; achieved $ 200 million + OPtiMa structural cost savings target for 2021 ahead of schedule Adjusted EBITDA of $ 407 million , among the highest levels in Company history Net debt leverage improves to 3.8x from 6.4x at December 31 , 2020 ; net debt reduced by $ 1.2 billion year - to - date Raising 2021 operating income outlook on strong business trends Reinstatement of $ 0.20 per common share quarterly cash dividend LONDON - November 9 , 2021 – International Game Technology PLC ( “ IGT ” ) ( NYSE : IGT ) today reported financial results for the third quarter ended September 30 , 2021. Today , at 8:00 a.m. EST , management will host a conference call and webcast to present the results ; access details are provided below . " Broad - based momentum across our Lottery , Gaming , and Digital & Betting activities drove significant improvement in key financial and performance metrics in the third quarter , " said Marco Sala , CEO of IGT . " Revenue grew over 20 % and operating income more than doubled , highlighting the strength of our portfolio . Based on our excellent year - to - date results and our solid financial condition , the Board reinstated a quarterly cash dividend , signaling their confidence in the Company's prospects . " " We are supporting strong top - line growth with strategic investments in the business while still making good progress on optimizing our cost structure , " said Max Chiara , CFO of IGT . " Achieving our goal of reducing net debt leverage below 4.0x was a big accomplishment in the quarter . We look forward to sharing our strategy , long - term growth initiatives , and capital allocation plans during our upcoming investor day on November 16 , 2021. " 1