NEW YORK ( TheStreet) -- Casinos are about ready to start sprucing up their casino floors, benefiting game technology makers like International Game Technologies ( IGT)

IGT reported on Thursday a 20% gain in first-quarter earnings, boosted by higher replacement orders. The news sent shares advancing 5% to $21.21 in after-market trading.

During the quarter, the slot-machine maker earned $73.3 million, or 25 cents a share, compared with $61.2 million, or 21 cents, in the year-ago period.

Revenue slipped 14% to $515.7 million from $601.6 million.

Gaming technology companies seem to be moving to recovery, as casino operators look to replace out of date machines.

Last week, Shuffle Master ( SHFL) said it swung to a profit in its fourth quarter.

WMS Industries ( WMS)is slated to report its quarterly results on Jan. 26. It, too, is up 2.1% to $42.71 after-hours.

-- Reported by Jeanine Poggi in New York.

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