UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 11-K
[X]ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934 [FEE REQUIRED]
For the fiscal year ended December 31, 1995
OR
[ ] TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE
SECURITIES
EXCHANGE ACT OF 1934 [NO FEE REQUIRED]
For the transition period from to
Commission File Number
A. Full title of the plan and the address of the plan, if
different from that of the issuer named below:
INTERNATIONAL GAME TECHNOLOGY
PROFIT SHARING PLAN
B. Name of issuer of the securities held pursuant to the plan
and the address of its principal executive office:
INTERNATIONAL GAME TECHNOLOGY
5270 Neil Road, Reno, Nevada 89502
<PAGE>
INTERNATIONAL GAME TECHNOLOGY
PROFIT SHARING PLAN
Financial Statements for the Years Ended
December 31, 1995 and 1994, Supplemental
Schedules for the Year Ended December 31,
1995, and Independent Auditors' Report
<PAGE>
INTERNATIONAL GAME TECHNOLOGY
PROFIT SHARING PLAN
TABLE OF CONTENTS
Page
Independent Auditors' Report 1
Statements of Net Assets
Available for Benefits 2
Statements of Changes in Net Assets Available
for Benefits 3
Notes to Financial Statements 4
Item 27a - Supplemental Schedule of Assets Held
for Investment Purposes 10
Item 27d - Supplemental Schedule of Reportable Transactions -
Single Transactions in Excess of 5% of
Plan Assets 11
Item 27d - Supplemental Schedule of Reportable Transactions -
Series of Transactions in Excess of 5% of
Plan Assets 12
<PAGE>
INDEPENDENT AUDITORS' REPORT
International Game Technology Profit Sharing Plan:
We have audited the accompanying statements of net assets
available for benefits of International Game Technology Profit
Sharing Plan (the "Plan") as of December 31, 1995 and 1994, and
the related statements of changes in net assets available for
benefits for the years then ended. These financial statements
are the responsibility of the Plan's management. Our
responsibility is to express an opinion on these financial
statements based on our audits.
We conducted our audits in accordance with generally accepted
auditing standards. Those standards require that we plan and
perform the audit to obtain reasonable assurance about whether
the financial statements are free of material misstatement. An
audit includes examining, on a test basis, evidence supporting
the amounts and disclosures in the financial statements. An
audit also includes assessing the accounting principles used
and significant estimates made by management, as well as
evaluating the overall financial statement presentation. We
believe that our audits provide a reasonable basis for our
opinion.
In our opinion, such financial statements present fairly, in
all material respects, the net assets available for benefits of
the Plan at December 31, 1995 and 1994, and the changes in net
assets available for benefits for the years then ended in
conformity with generally accepted accounting principles.
Our audits were conducted for the purpose of forming an opinion
on the basic financial statements taken as a whole. The
supplemental schedules listed in the Table of Contents are
presented for the purpose of additional analysis and are not a
required part of the basic financial statements, but are
supplementary information required by the Department of Labor's
Rules and Regulations for Reporting and Disclosure under the
Employee Retirement Income Security Act of 1974. These
supplemental schedules are the responsibility of the Plan's
management. Such schedules have been subjected to the auditing
procedures applied in our audit of the basic 1995 financial
statements and, in our opinion, are fairly stated in all
material respects when considered in relation to the basic
financial statements taken as a whole.
DELOITTE & TOUCHE LLP
Reno, Nevada
June 11, 1996
<PAGE>
<TABLE>
<CAPTION>
INTERNATIONAL GAME TECHNOLOGY PROFIT SHARING PLAN
STATEMENTS OF NET ASSETS AVAILABLE FOR BENEFITS
DECEMBER 31, 1995 AND 1994
ASSETS 1995 1994
<S> <C> <C>
Money market and cash equivalents $ 1,081,818 $ 748,097
Investments, at fair value 43,669,806 37,466,085
Contributions receivable 153,400 27,652
Loans to participants 2,393,233 1,926,022
Total assets 47,298,257 40,167,856
NET ASSETS AVAILABLE FOR
BENEFITS $47,298,257 $40,167,856
</TABLE>
See accompanying notes to financial statements.
<PAGE>
<TABLE>
<CAPTION>
INTERNATIONAL GAME TECHNOLOGY PROFIT SHARING PLAN
STATEMENTS OF CHANGES IN NET ASSETS AVAILABLE FOR BENEFITS
FOR THE YEARS ENDED DECEMBER 31, 1995 AND 1994
1995 1994
ADDITIONS TO NET ASSETS
ATTRIBUTED TO:
<S> <C> <C>
Investment income:
Net increase in fair value of
investments $ 712,300 $ -
Interest 320,503 207,203
Dividends 844,818 579,993
1,877,621 787,196
Contributions:
Employer 5,758,711 7,893,766
Employee 2,578,958 2,741,141
Total additions 10,215,290 11,422,103
DEDUCTIONS FROM NET ASSETS
ATTRIBUTED TO:
Net decrease in fair value of
investments - 9,610,855
Benefits paid to participants 2,883,029 2,775,816
Administrative expenses 201,860 161,023
Total deductions 3,084,889 12,547,694
NET INCREASE (DECREASE) 7,130,401 (1,125,591)
NET ASSETS AVAILABLE FOR BENEFITS:
BEGINNING OF YEAR 40,167,856 41,293,447
END OF YEAR $47,298,257 $40,167,856
</TABLE>
See accompanying notes to financial statements.
<PAGE>
INTERNATIONAL GAME TECHNOLOGY PROFIT SHARING PLAN
NOTES TO FINANCIAL STATEMENTS
FOR THE YEARS ENDED DECEMBER 31, 1995 and 1994
1. DESCRIPTION OF PLAN
The IGT Profit Sharing Plan ("Plan") is sponsored by
International Game Technology ("Company") and consists of two
programs: The Profit Sharing Program and the 401(k) Program.
The following is a brief description of the Plan and provides
general information. Participants should refer to the IGT
Plan Document and Summary Plan Description for a more complete
description of the Plan's provisions.
The Plan is subject to the provisions of the Employee
Retirement Income Security Act of 1974 ("ERISA"), as amended,
and other provisions of the Internal Revenue Code.
Profit Sharing Program - The Plan, adopted December 10, 1980
is a defined contribution plan covering all eligible employees
of International Game Technology. On June 1, 1993 the Plan
was restated to offer additional investment options to
participants as well as transfer the administration to a Third-
Party Administrator (refer to "Investment Options" below for
further information of available investment funds).
Company employees are eligible to participate in the Plan
after completing 1,000 hours of service in a calendar year and
reaching the age of 18. Once eligible, a Plan participant
must be employed on the last day of the Plan year (December
31) to receive their annual profit sharing allocation.
Participation in the Plan is retroactive to January 1 of the
year in which the employee became eligible.
The Company may make an annual profit sharing contribution, as
determined by the Company's Board of Directors, based on
operating profits. The contribution is then allocated to
participant's accounts proportionately based on annual
eligible compensation. (Refer to "Benefit Payments and
Vesting" below for the Profit Sharing Program vesting
schedule).
401(k) Program - Effective January 1, 1989, the Plan was
amended to allow participants to defer up to 20% of their
annual salary as contributions to their accounts, as governed
by IRC Section 401(k). On January 1, 1995, the Company again
amended the Plan to lower the elective deferrals from 20% to
15%. An employee may begin contributing pre-tax contributions
to their accounts upon completion of 90 days of full time
employment, or one year as a part-time employee. A
participant may stop contributing to the Plan at any time upon
adequate notice to the employer.
On January 1, 1993, the Company began a 401(k) contribution
matching program whereby the Company matches 100% of an
employee's contributions up to $500 and an additional 50% of
the next $500 contributed by the employee. This allows for
maximum annual Company matching contributions of $750 to each
employee's account. Employees are 100% vested in all 401(k)
contributions.
The Plan also allows for rollover contributions from other
qualified retirement plans. If the rollover is by way of an
individual retirement arrangement, all assets in the prior
retirement plan must have originated as contributions made
under a qualified plan.
<PAGE>
Participant Accounts - Each participant's account is credited
with employee 401(k) and employer matching contributions, the
allocations of the Company's profit sharing contribution and
forfeitures of non-vested portions of terminated participants'
account balances. Additionally, participants' accounts are
effected by earnings and losses on investments. Each
participant is provided a quarterly account statement
detailing the account activity by investment fund.
Investment Options - IGT has selected seven investment options
that have a variety of growth and risk characteristics. Plan
participants are able to elect how their contributions are
invested. A participant may allocate all contributions to one
investment fund or split them between any combination of funds
in increments of 1%. A participant may change how current
and/or future contributions are invested at any time during
the Plan year. The Plan's investment options are:
Capital Market Group Government Money Fund
Capital Market Group Intermediate Fixed Income Fund
Capital Market Group Small Capitalization Growth Equity Fund
Capital Market Group Large Capitalization Growth Equity Fund
Capital Market Group Large Capitalization Value Equity Fund
Capital Market Group International Equity Investment Fund
Common Stock - International Game Technology
Hotline - The Plan offers a toll-free voice response hotline
which allows a participant to access account information and
initiate transactions at any time. Participants are provided
with a personal identification number which is required when
calling the hotline.
Benefit Payments and Vesting - Participants are immediately
vested in their pre-tax 401(k) contributions, company 401(k)
matching contributions, and rollover contributions from other
qualified plans, plus earnings thereon. The vested portion of
a participant's profit sharing account is based upon years of
continuous service. A participant is 100% vested after seven
consecutive years of service, per the following vesting table:
<TABLE>
<CAPTION>
Completed Years
of Vesting Service Vested Portion
<S> <C>
0 0%
1 10%
2 20%
3 30%
4 45%
5 60%
6 80%
7 100%
</TABLE>
A participant earns a year of vesting service for each Plan
year (January 1 to December 31) in which they worked at least
1,000 hours.
Upon termination of employment, a participant may receive a
lump sum payment equal to the value of his or her account. If
the termination of employment is by normal retirement
(retirement after age 65), by death or by reason of total
disability, the participant is 100% vested and has the right
to receive payment in full. If a participant leaves the
Company for any other reason, they are entitled to a
distribution from the "vested" portion of their account.
<PAGE>
If a participant's vested account balance is $3,500 or more,
they may voluntarily defer payment of benefits until the
normal retirement date. In any case, they may not defer
payment past the age of 70 1/2. The only form of benefit
payments are lump-sum payments, however, a participant may
take a partial lump-sum payment and defer the balance of their
account as long as the remaining balance is at least $3,500.
Hardship Withdrawals - The Plan allows for hardship
withdrawals under defined circumstances. The necessity of the
hardship withdrawal is reviewed by the Company's Benefits
Committee and includes allowance for major medical expenses,
purchase of a primary residence, college expenses for a family
member, and prevention of eviction from or foreclosure on a
principal residence. A participant must stop making pre-tax
401(k) contributions for a year following the hardship
withdrawal.
Plan Termination - In the event of Plan termination,
participants will become 100% vested in their accounts.
Although the Company has not expressed any intent to do so,
International Game Technology has the right under the Plan to
discontinue its contributions at any time and to terminate the
Plan subject to the provisions of ERISA.
Loans - The Plan allows for loans to be taken against a
participant's vested account, subject to the following
restrictions: the loan amount may be no less than $1,000 and
no more than the lesser of 50% of the participant's vested
account balance or $50,000; interest is charged on a simple
interest basis at the prime rate plus 1%; and repayment must
be over a period not to exceed 60 months. Payments are made
by payroll deduction on a bi-weekly basis.
Administrative Expenses - Plan administrative expenses
totaling $201,860 in 1995 and $161,023 in 1994 were paid by
the Plan. These include management fees and trustee fees.
Consulting fees and recordkeeping fees are paid by the
Company.
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Basis of Accounting - The Plan is accounted for on the accrual
basis of accounting.
Cash and Cash Equivalents - Securities with maturities upon
purchase of three months or less are considered cash
equivalents. Such investments are stated at cost, which
approximates market, and are deemed to be cash equivalents.
Valuation of Investments - All investments of the Plan are
valued at quoted market prices as of December 31, 1995 and
1994.
Benefits Payable - As of December 31, 1995 and 1994, net
assets available for benefits included benefits of $1,852,970
and $1,533,390 due to participants who have withdrawn from
participation in the Plan.
<PAGE>
3. INVESTMENTS
All investments of the Plan are administered by an investment
management agent. The following table presents the fair value
of investments at quoted market prices at December 31:
<TABLE>
<CAPTION>
1995 1994
<S> <C> <C>
Capital Market Group Government
Money Fund $11,588,955 $ 4,892,121
Capital Market Group Intermediate
Fixed Income Fund 3,725,340 2,666,998
Capital Market Group Small
Capitalization Growth Equity Fund 5,895,452 4,018,895
Capital Market Group Large
Capitalization Growth Equity Fund 7,085,666 3,764,996
Capital Market Group Large
Capitalization Value Equity Fund 6,529,601 3,815,190
Capital Market Group International
Equity Investment Fund 641,736 353,003
Common stock - International Game
Technology 8,203,056 10,934,469
U.S. Treasury Bills - 7,020,413
Total investments $43,669,806 $37,466,085
</TABLE>
The Plan's investments increased in value by $712,300 in 1995
and decreased in value by $9,610,855 in 1994 as follows:
<TABLE>
<CAPTION>
1995 1994
<S> <C> <C>
Capital Market Group Intermediate
Fixed Income Fund $ 231,579 $(185,298)
Capital Market Group Small Capitalization
Growth Equity Fund 1,493,320 460,219
Capital Market Group Large Capitalization
Growth Equity Fund 1,363,609 18,799
Capital Market Group Large Capitalization
Value Equity Fund 1,381,450 (221,068)
Capital Market Group International Equity
Investment Fund 46,429 360
Common stock - International Game
Technology (3,804,087) (9,683,867)
Net increase (decrease) in
fair value $ 712,300 $(9,610,855)
</TABLE>
<PAGE>
4. FUND INFORMATION
Contributions, withdrawals, investment income and changes in
fair value of investments by fund are as follows for the years
ended December 31, 1995 and 1994:
<TABLE>
<CAPTION>
1995 1994
<S> <C> <C>
Participant Contributions:
Capital Market Group Government Money
Fund $ 326,277 $ 456,583
Capital Market Group Intermediate Fixed
Income Fund 222,449 206,462
Capital Market Group Small Capitalization
Growth Equity Fund 414,559 319,889
Capital Market Group Large Capitalization
Growth Equity Fund 445,742 378,577
Capital Market Group Large Capitalization
Value Equity Fund 388,425 339,359
Capital Market Group International Equity
Investment Fund 98,968 12,256
Common Stock - International Game
Technology 682,538 1,028,015
Total $2,578,958 $ 2,741,141
Employer Contributions:
Capital Market Group Government Money
Fund 5,018,082 93,936
Capital Market Group Intermediate Fixed
Income Fund 72,874 57,996
Capital Market Group Small Capitalization
Growth Equity Fund 104,154 80,044
Capital Market Group Large Capitalization
Growth Equity Fund 118,633 92,438
Capital Market Group Large Capitalization
Value Equity Fund 113,448 96,200
Capital Market Group International Equity
Investment Fund 22,407 1,115
Common Stock - International Game
Technology 309,113 399,921
U.S. Treasury Bills - 7,072,116
Total $5,758,711 $7,893,766
Total Contributions $8,337,669 $10,634,907
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
1995 1994
<S> <C> <C>
Withdrawals:
Capital Market Group Government Money
Fund $ 651,328 $ 324,452
Capital Market Group Intermediate Fixed
Income Fund 279,654 202,523
Capital Market Group Small Capitalization
Growth Equity Fund 219,935 310,263
Capital Market Group Large Capitalization
Growth Equity Fund 276,870 321,970
Capital Market Group Large Capitalization
Value Equity Fund 301,277 175,208
Capital Market Group International Equity
Investment Fund 15,294 938
Common Stock - International Game
Technology 892,206 1,378,196
Loan Fund 246,465 62,266
Total $2,883,029 $ 2,775,816
Interest and Dividends:
Capital Market Group Government Money
Fund $ 412,380 $ 165,939
Capital Market Group Intermediate Fixed
Income Fund 204,117 171,421
Capital Market Group Large Capitalization
Growth Equity Fund 30,793 28,855
Capital Market Group Large Capitalization
Value Equity Fund 139,352 159,121
Capital Market Group International Equity
Investment Fund 10,135 -
Common Stock - International Game
Technology 98,014 84,906
Loan Fund 167,145 115,864
U.S. Treasury Bills 103,385 61,090
Total $1,165,321 $ 787,196
1995 1994
Increase (Decrease) in Fair Value of Investments:
Capital Market Group Intermediate Fixed
Income Fund $ 231,579 $ (185,298)
Capital Market Group Small Capitalization
Growth Equity Fund 1,493,320 460,219
Capital Market Group Large Capitalization
Growth Equity Fund 1,363,609 18,799
Capital Market Group Large Capitalization
Value Equity Fund 1,381,450 (221,068)
Capital Market Group International Equity
Investment Fund 46,429 360
Common Stock - International Game
Technology (3,804,087) (9,683,867)
Total $ 712,300 $(9,610,855)
</TABLE>
5. FEDERAL INCOME TAXES
The Plan has received a determination letter dated November
30, 1995 from the Internal Revenue Service qualifying it as an
exempt organization under Sections 401(a) and 501(a) of the
Internal Revenue Code. Accordingly, no provision for federal
income taxes has been made in the accompanying financial
statements.
******
<PAGE>
<TABLE>
<CAPTION>
INTERNATIONAL GAME TECHNOLOGY PROFIT SHARING PLAN
ITEM 27a - SUPPLEMENTAL SCHEDULE OF ASSETS HELD FOR INVESTMENT
PURPOSES
DECEMBER 31, 1995
(b) (c) (d) (e)
Maturity Interest Current
Description Date Rate Units Cost Value
<S> <C> <C> <C>
Capital Market Group Government
Money Fund 11,588,955 $11,588,955 $11,588,955
Capital Market Group Intermediate
Fixed Income Fund 451,010 3,663,023 3,725,340
Capital Market Group Small
Capitalization Growth Equity Fund 374,314 5,168,566 5,895,452
Capital Market Group Large
Capitalization Growth Equity Fund 578,422 6,049,479 7,085,666
Capital Market Group Large
Capitalization Value Equity Fund 595,223 5,537,589 6,529,601
Capital Market Group International
Equity Investment Fund 61,646 628,068 641,736
Common Stock - International Game
Technology 763,075 12,076,709 8,203,056
Total investments $44,712,389 $43,669,806
<FN>
Notes on Columns (a) through (e):
(a) Omitted from the Department of Labor format because the answer is none.
(b) General description of investments.
(c) Maturity dates and stated rates of interest are not applicable due to
the nature of these investments.
(d) Purchase price of investment.
(e) Market value of investment at December 31, 1995, as determined by
quoted market prices.
</FN>
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
INTERNATIONAL GAME TECHNOLOGY PROFIT SHARING PLAN
ITEM 27d - SUPPLEMENTAL SCHEDULE OF REPORTABLE TRANSACTIONS - SINGLE
TRANSACTIONS IN EXCESS OF 5% OF PLAN ASSETS
FOR THE YEAR ENDED DECEMBER 31, 1995
(a) (b) (c) (d) (g) (h) (i)
Identity of Description Purchase Selling Cost of Value of Net
Party Involved of Transaction Price Price Asset Transaction Gain/Loss
<S> <C> <C> <C> <C> <C>
Smith Barney Shearson, Inc. Redemption of U.S. Treasury
bills $ - $7,071,000 $7,071,000 $7,071,000 $ -
Smith Barney Shearson, Inc. Purchase of Money
Funds, Inc. 7,071,000 - - - -
Smith Barney Shearson, Inc. Redemption of Money
Funds, Inc. - 7,072,116 7,072,116 7,072,116 -
Smith Barney Shearson, Inc. Purchase of U.S.
Treasury bills 2,336,411 - - - -
Smith Barney Shearson, Inc. Redemption of U.S.
Treasury bills - 2,363,000 2,363,000 2,363,000 -
Smith Barney Shearson, Inc. Purchase of U.S.
Treasury bills 2,380,000 - - - -
Smith Barney Shearson, Inc. Redemption of U.S.
Treasury bills - 2,380,000 2,380,000 2,380,000 -
Smith Barney Shearson, Inc. Purchase of Money
Funds, Inc. 2,380,000 - - - -
Smith Barney Shearson, Inc. Purchase of Money
Funds, Inc. 2,541,740 - - - -
Smith Barney Shearson, Inc. Purchase of Government
Money Investments 2,185,130 - - - -
Smith Barney Shearson, Inc. Purchase of Reserve
Deposit Account 6,965,433 - - - -
Smith Barney Shearson, Inc. Sale of Reserve
Deposit Account - 4,645,151 4,645,151 4,645,151 -
<FN>
Notes to columns (c) through (i)
(c) Purchase price of investments bought during the year.
(d) Proceeds received from redemption of investments maturing or sold during
the year.
(e) and (f) Omitted from the Department of Labor format because the answer in
none.
(g) Purchase price of investment plus or minus the amortization of discount
or premium received or paid at the date of sale.
(h) Market value at the date of maturity or sale for each investment shown in
column (d).
(i) Difference between columns (d) and (g).
</FN>
</TABLE>
<PAGE>
<TABLE>
INTERNATIONAL GAME TECHNOLOGY PROFIT SHARING PLAN
ITEM 27d - SUPPLEMENTAL SCHEDULE OF REPORTABLE TRANSACTIONS - SERIES OF
TRANSACTIONS IN EXCESS OF 5% OF PLAN ASSETS
FOR THE YEAR ENDED DECEMBER 31, 1995
(a) (b) (c) (d) (g) (h) (i)
Identity of Description Purchase Selling Cost of Value of Net
Party Involved of Transaction Price Price Asset Transaction Gain/Loss
<S> <C> <C> <C> <C> <C> <C>
Smith Barney Shearson, Inc. Purchase of Capital
Market Group Government
Money Fund $5,459,972 $ - $ - $ - $ -
Smith Barney Shearson, Inc. Sale of Capital Market
Group Government
Money Fund - 3,689,621 3,689,621 3,689,621 -
Smith Barney Shearson, Inc. Purchase of Capital Market
Group Large Capitalization
Value Equity Group 2,632,202 - - - -
Smith Barney Shearson, Inc. Purchase of Capital
Market Group Large
Capitalization Growth
Equity Fund 3,566,258 - - - -
Smith Barney Shearson, Inc. Purchase of Capital
Market Group Small
Capitalization Growth
Equity Fund 3,475,097 - - - -
Smith Barney Shearson, Inc. Sale of Capital Market
Group Small Capitalization
Growth Equity Fund - 2,240,973 1,770,612 2,240,973 470,361
Smith Barney Shearson, Inc. Purchase of U.S. Treasury
Bills 8,380,000 - - - -
Smith Barney Shearson, Inc. Redemption of U.S. Treasury
Bills - 15,451,000 11,814,000 11,814,000 -
Smith Barney Shearson, Inc. Purchase of Money
Funds, Inc. 13,044,355 - - - -
Smith Barney Shearson, Inc. Redemption of Money
Funds, Inc. - 8,118,982 7,072,116 7,072,116 1,046,866
Smith Barney Shearson, Inc. Purchase of IGT
common stock 4,841,520 - - - -
Smith Barney Shearson, Inc. Sale of IGT
common stock - 3,464,618 4,137,291 3,464,618 (672,674)
Smith Barney Shearson, Inc. Purchase of Reserve
Deposit Account 13,776,927 - - - -
Smith Barney Shearson, Inc. Sale of Reserve
Deposit Account - 13,579,787 13,579,787 13,579,787 -
<FN>
Notes to columns (c) through (i)
(c) Purchase price of investments bought during the year.
(d) Proceeds received from redemption of investments maturing or sold during
the year.
(e) and (f) Omitted from the Department of Labor format because the answer is
none.
(g) Purchase price of investment plus or minus the amortization of discount
or premium received or paid at the date of sale.
(h) Market value at the date of maturity or sale for each investment shown in
column (d).
(i) Difference between columns (d) and (g).
</FN>
</TABLE>
<PAGE>
The Plan. Pursuant to the requirements of the Securities
Exchange Act of 1934, the trustees (or other persons who administer
the employee benefit plan) have duly caused this annual report to be
signed on its behalf by the undersigned, thereunto duly authorized.
INTERNATIONAL GAME TECHNOLOGY
PROFIT SHARING PLAN
Date: June 27, 1996
By: /s/ G. Thomas Baker
G. Thomas Baker
President and Chief Operating Officer
INDEPENDENT AUDITORS' CONSENT
We consent to the incorporation by reference in Registration
Statement No. 33-63608 of the International Game Technology
Profit Sharing Plan on Form S-8 of our report dated June 11,
1996, appearing in this Annual Report on Form 11-K of the
International Game Technology Profit Sharing Plan for the year
ended December 31, 1995.
DELOITTE & TOUCHE LLP
Reno, Nevada
June 26, 1995
