Tag Archives: IGT

Scientific Games lands Turkey National Lottery role

Turkey

According to an industry source, Scientific Games has been selected to exclusively supply its lottery instant games, Wave retailer terminals and instant ticket validation system to the consortium selected by the Turkey Wealth Fund to run the Turkey National Lottery. A joint venture (JV) between Italy’s Sisal and Turkish media giant Demirören Holding has secured the operating rights to the …

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IGT appoints ‘security pro’ Dr Samantha Ravich as corporate advisor

New York-listed gambling technology group International Game Technology Plc (IGT) has moved to strengthen its corporate advisory confirming the appointment of Dr Samantha Ravich as an Independent Director. A scholar in national security development, political science and cybersecurity defence measures, Dr Ravich is the current Chair of the Center on Cyber and Technology Innovation at the ‘Foundation for Defense of Democracies’, …

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IGT reduces credit facility arrangement

New York-listed gambling technology group International Game Technology Plc (IGT) has amended and extended the terms of its multicurrency revolving credit loan facility. The group said it has extended the ‘maturity date’ of its corporate credit facility from 26 July, 2021 to 31 July, 2024. IGT’s multicurrency credit loan facility was originally sanctioned in July 2017. Moving to lower its ‘aggregate …

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IGT ups sports integrity dynamics by joining GLMS

New York-listed gambling technology and lottery systems supplier IGT Group has joined the Global Lottery Monitoring System (GLMS) as an Associate Member. IGT will form part of the global association of lotteries, which was established with the objective to ‘safeguard the integrity and values of sports worldwide’. Becoming an Associate Member, IGT will be linked to the GLMS visual identity. It will receive …

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IGT sanctions new €500 million senior debt note

Issuing a market filing, the governance of New York-listed International Game Technology Plc (IGT Plc) has confirmed that it will pursue a private €500 million senior unsecured note transaction. Updating investors, IGT governance confirms that it has made an application for its notes to be officially sanctioned on the ‘Global Exchange Market’ of Ireland’s Euronext Dublin stock exchange. IGT’s new debt …

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BNDES LOTEX blunders weighing heavy on Brazil government

Despite a new government in charge of Brazil, the planned sale of state-owned instant win (scratch) operator LOTEX continues to blunder on. Closing April, BNDES – Brazil’s national development bank, the organisation charged with selling the state asset – issued its fifth straight postponement of the LOTEX tender. It has now extended its window for bid proposals until 9 May. BNDES …

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IGT posts stable 2018 despite international slowdown

The governance of New York-listed gambling/lottery technology and systems provider IGT Plc has published its full-year 2018 results, underlying marked improvements within its North American lottery division maintained against a tougher international back-drop. Updating the market, IGT reports stable group revenues of $4.8 billion (FY2017: $4.9bn), despite the company recording a tough Q4 2018 closing, in which consolidated revenues declined …

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Ian Bradley: Big Bang just the start for SBTech in 2019

Big Bang

Just a few moments after the eagerly anticipated launch of Exploding Jackpots at ICE London, SBC News was there to talk to Ian Bradley, SBTech’s Chief Strategy Officer. We asked him what SBTech had learned from the successful Pulse reveal in 2018, and how the ‘Big Bang’ will bring about a new betting experience for SBTech partners. SBC: What did …

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Donald R. Sweitzer ends tenure as IGT Chairman of Global Solutions

Updating the market, New York-listed gambling technology and lottery systems provider IGT Plc has confirmed that long-term executive Donald R. Sweitzer is set to retire as Chairman of IGT Global Solutions Corporation. Sweitzer ends a 20-year executive tenure with IGT, in which he has served as a key stakeholder in the gambling technology group’s governmental affairs and multi-national development strategies. …

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Lorenzo Pellicioli takes IGT Chairmanship

The governance of New York-listed gambling technology group IGT Plc has confirmed that Lorenzo Pellicioli will take the remit of corporate Chairman of the Board, having previously served the role on an interim basis. Updating investors, IGT concludes its governance leadership search, which was sanctioned this August following the departure of Phil Satre to NASDAQ casino and leisure operator Wynn …

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