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                           EXHIBIT 11

                  INTERNATIONAL GAME TECHNOLOGY

                COMPUTATION OF EARNINGS PER SHARE



(Dollars in thousands)



                                 YEARS ENDED SEPTEMBER 30,

                               1995        1994         1993

                                             

Primary Shares Outstanding:

Common Stock Outstanding at

Beginning of Period       149,465,774   138,938,605   130,601,920



Shares Issued Under 

Stock Option Plans            652,760       800,523     2,800,346

 Percentage of Time 

  Outstanding                    37.7%         65.4%         77.4%

Weighted Average Shares 

  Outstanding                 245,993       523,887     2,166,117



Shares Issued to Radica

 Common Stock                    ----       374,436          ----

 Percentage of Time Outstanding  ----          61.9%         ----

Weighted Average Shares 

    Outstanding                  ----       231,842          ----

Shares Issued From the Conversion 

 of Convertible 

 Subordinated Notes              ----     9,338,877     5,527,133

 Percentage of Time Outstanding  ----          52.1%         37.6%

Weighted Average Shares 

 Outstanding                     ----     4,861,607     2,080,186



Shares Issued Under Gifts        ----        13,333         8,948

 Percentage of Time Outstanding  ----          62.5%         59.7%

Weighted Average Shares 

 Outstanding                     ----         8,329         5,344



Shares Purchased and Held 

 in Treasury              (21,268,046)  (17,098,646)  (14,071,458)

 Percentage of Time 

 Outstanding                     91.7%         87.3%         99.8%

Weighted Average Shares 

 Outstanding              (19,513,289)  (14,932,659)  (14,041,972)

Common Stock Equivalent of 

Options

 Outstanding                  895,093     1,748,625     2,806,220

Weighted Average Number of 

 Primary Common 

 and Common Equivalent

 Shares Outstanding       131,093,571   131,380,236   123,617,815

Fully Diluted Shares Outstanding:

 Additional Dilutive Effect of

 Stock Options                   ----          ----       206,811

Assumed Conversion of

 Convertible Notes               ----     4,477,270    12,785,881



Weighted Average Number of Fully

 Diluted Common and 

 Common Equivalent Shares 

 Outstanding              131,093,571   135,857,506   136,610,507

Income From Continuing 

 Operations              $     92,648  $    140,447  $    105,578

Income From Discontinued 

 Operations                      ----          ----        13,447

   Net Income            $     92,648  $    140,447  $    119,025

Primary Earnings Per Share:

 Income From Continuing 

 Operations              $       0.71  $       1.07  $       0.85

 Income From Discontinued 

  Operations                     ----          ----          0.11

   Net Income            $       0.71  $       1.07  $       0.96



Fully Diluted Earnings 

 Per Share:  (1)

 Income From Continuing 

 Operations              $       0.71  $       1.05  $       0.80

 Income From Discontinued 

 Operations                      ----          ----          0.10

   Net Income            $       0.71  $       1.05  $       0.90



(1)  Based on addition of $1,635 and $4,549, net of taxes, to

     income from continuing operations in 1994 and 1993,

     respectively, representing interest on convertible

     subordinated notes.