This marks the 41th consecutive quarter that the company has paid a dividend, the longest, current streak in the gaming industry.
"We are pleased to announce another significant increase in our quarterly cash dividend," said Patti Hart, CEO of IGT.
"This is a clear signal that our strategy is driving strong financial performance and that we are committed to returning capital to shareholders in an effective and judicious matter," Hart added.
The dividend is payable on July 5, 2013 to shareholders of record on June 20, 2013.