Analyst: Investment community concerns over Italy weighing down IGT

Casino and lottery equipment provider International Game Technology has been one of the hardest-hit gaming companies during the stock markets’ chaotic reaction to the coronavirus outbreak. Macquarie Securities gaming analyst Chad Beynon, who recently accompanied IGT management on the road to meet with investors, said in a research note Wednesday the company’s reliance on business from Italy has panicked market speculators.

Read more: Howard Stutz, CDC Gaming Reports