{"id":8829,"date":"2015-04-09T01:03:20","date_gmt":"2015-04-09T01:03:20","guid":{"rendered":"https:\/\/forumarchives.tmsites.net\/index.php\/2015\/04\/09\/igt-stock-soars-on-1st-day-as-new-company\/"},"modified":"2015-04-09T01:03:20","modified_gmt":"2015-04-09T01:03:20","slug":"igt-stock-soars-on-1st-day-as-new-company","status":"publish","type":"post","link":"https:\/\/forumarchives.tmsites.net\/index.php\/2015\/04\/09\/igt-stock-soars-on-1st-day-as-new-company\/","title":{"rendered":"IGT stock soars on 1st day as new company"},"content":{"rendered":"<p><!-- Original Post Content --><br \/>\nWhat a day Tuesday for International Game Technology.<\/p>\n<p>\tIt began with the official completion of the $6.4 billion merger\/acquisition by Italy-based GTECH, first announced last summer and which retains the iconic IGT name dating to the 1970s in Reno.<\/p>\n<p>\tThen Marco Sala, CEO of the company now headquartered in London, rang the opening bell at the New York Stock Exchange on IGT&#8217;s first day on the markets as a combined entity.<\/p>\n<p>\tTraders didn&#8217;t let him down.<\/p>\n<p>\tBy the close of trading, IGT shares rose 13.5 percent from Thursday, or $2.40, to $20.08.<\/p>\n<p>\tIn an interview Monday with the Reno Gazette-Journal, Sala said of IGT&#8217;s Reno slots and games manufacturing plant employing 1,800 people, &quot;Reno is going to be our manufacturing harbor for the gaming part of our business. We&#8217;ll continue to invest in gaming. We&#8217;ll use Reno and, of course, Las Vegas as well for developing those platforms.&quot;<\/p>\n<hr>\n<h3>Replies:<\/h3>\n<p>No replies were posted for this topic.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>What a day Tuesday for International Game Technology. It began with the official completion of the $6.4 billion merger\/acquisition by Italy-based GTECH, first announced last summer and which retains the iconic IGT name dating to the 1970s in Reno. Then&#8230;<\/p>\n","protected":false},"author":36,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"class_list":["post-8829","post","type-post","status-publish","format-standard","hentry","category-latest-casino-news"],"_links":{"self":[{"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/posts\/8829","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/users\/36"}],"replies":[{"embeddable":true,"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/comments?post=8829"}],"version-history":[{"count":0,"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/posts\/8829\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/media?parent=8829"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/categories?post=8829"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/tags?post=8829"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}