In addition to IGT’s sock prices down almost 60% from their 52-week high of $49.41, Steve Morro, IGT’s Chief Operation Officer, announced his resignation. Taking into consideration these facts, you cannot but ask if IGT is doing well.

However, a spokesperson for IGT denies all the rumors saying that the company is in a “restructuring mode”. IGT’s Chief, TJ Matthews, actually one of the best in the field, is supposed to cover Morro’s duties, and that is in addition to his duties as a Chairman and President. Matthew hopes to keep IGT’s good performance.

At the same time, IGT’s subsidiary online gambling software developer Wager Works shows excellent service.