International Game Technology (IGT): An Insight Into Its Capital Allocation Strategy & Financial Positioning! 

International Game Technology’s first quarter 2025 financial results reveal strengths and challenges in its lottery business. The company experienced a significant decrease in revenue from $661 million last year to $583 million this year, primarily due to the absence of high jackpot activity in the U.S. compared to several significant ones during the same period last year. This variance impacted the company’s revenue and margin, underscoring the volatility directly tied to large multimillion-dollar jackpots, which appear sporadically, affecting the company’s results on a quarterly basis.