Tag Archives: IGT

New York-listed gambling technology and lottery systems provider International Game Technology PLC (IGT) has revised its full-year 2018 earnings expectations, publishing a better than anticipated Q3 2018 trading update (period ending 30 September). Updating the market, IGT governance details solid lottery performance, combined with improved gaming KPIs which have helped the company deliver a 3% increase in adjusted EBITDA to $443 …

BNDES – Brazil’s National Bank for Social Development has scheduled a new auction for the sale of state-owned instant games (scratch & win) operator Loteria Instantânea Exclusiva (LOTEX) to be held on 29 November 2018. The tender of LOTEX was first announced on August 2017, with the Brazilian Finance Ministry targeting a BRL 4 billion (€1.2 billion) for its complete divestment …

New York-listed industry technology group International Game Technology (IGT Group) has moved to restructure its corporate debt structure, confirming that it has successfully placed a $750 million senior secured debt note due for 2027. The transaction sees IGT governance upsize its original debt note of $500 million, previously announced at the start of the week. Updating investors, IGT governance will …

Marco Sala Group Chief Executive of International Game Technology Plc (IGT Group) has pledged that his company will continue to push for industry social responsibility, sustainability and diverse citizenship as core corporate dynamics. This week, the New York-listed enterprise published its eleventh ‘Annual Sustainability Report’. The independently audited report details IGT’s ongoing corporate mandate to create long-term value for all …

Gambling technology and lottery systems supplier International Game Technology (IGT), has confirmed a nine and a half year extension to its contract with Louisiana Police. Working through its IGT Global Solutions Corporation subsidiary, its sees an upgrade of video gaming monitoring systems provided for the Video Gaming Division of the Louisiana State Police’s Department of Public Safety and Corrections (DPS&C) …

This weekend Rhode Island became the third US state to legislate for sports betting services following May’s Supreme Court repeal of PASPA’s federal mandate. Rhode Island (population 1 million) follows its east coast neighbours of Delaware and New Jersey in moving to allow sports betting services within licensed casino premises. On Friday, state governor Gina Raimondo (D) signed off on …

Jacob Lopez, the founder and CEO of sports betting and gaming solutions provider OPTIMA, has hailed the contribution of his team after landing an award from the Azar Magazine. Azar, a leading publication dedicated to all things betting and gaming in Spain, has recognised Lopez with a ‘Business Excellence’ award. Since July 2012, Lopez has driven huge growth for OPTIMA …

New York-listed gambling and leisure group MGM Resorts International, has confirmed the executive appointment of Scott Butera as new President of Interactive Gaming. A 25-year gambling and hospitality leadership veteran, Butera has formerly served as President of Foxwoods Resorts and as Commissioner of the Arena Football League. In its corporate update, MGM governance details that Butera will be primarily tasked …

MGM Resorts International’s New Jersey property the Borgata Hotel Casino & Spa will have its sports betting systems and terminals powered by industry technology provider IGT Group. Issuing a market update, New York-listed IGT Group confirms that it has secured the retail betting systems contract to service MGM Resorts Atlantic City property. Both parties have a prior relationship, with IGT …