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Noticias de IGT
Eventos de IGT
IGT Appoints Mark Wadley as Incoming President of Land-Based Gaming
IGT announced that Mark Wadley has joined the company as IGT's Incoming President of Land-Based Gaming, subject to receipt of all required regulatory approvals .Prior to joining IGT, Wadley served as chief marketing officer of one of IGT's global competitors. As IGT Incoming President of Land-Based Gaming, Wadley will lead IGT's end-to-end land-based Gaming business, including global sales, product management, field services, manufacturing, marketing, external communications, and government relations. He will report to Hector Fernandez, IGT CEO.
IGT Appoints Andy Hendrickson as Chief Product and Technology Officer
IGT announced that Andy Hendrickson has expanded his role to become chief product and technology officer, subject to receipt of all required regulatory approvals. Hendrickson previously served as IGT's chief technology officer since joining the merged IGT and Everi enterprise in 2025.
International Game, Corporacion Caliente sign agreement
IGT announced that it secured a multi-year sports betting technology and services agreement with Hipodromo de Agua Caliente SA de CV and Distribuidora Internacional de Equipos de Juego, S. De R.L. De C.V. that will significantly extend IGT PlaySports' footprint to Mexico and Latin America via Corporacion Caliente. Per the agreement, 42 Caliente sportsbooks in Mexico will leverage the IGT PlaySports platform and services from the Company's Trading Advisory Services Team. Through a phased rollout, Caliente will also be able to provide select sportsbooks operators throughout Latin America access to IGT PlaySports' technology, extending the technology's reach to more than 100 additional venues across eight countries.
International Game announces name change, $1.1B capital return to shareholders
International Game Technology (IGT), doing business as Brightstar Lottery, announced it has completed the sale of its Gaming & Digital business to a holding company owned by funds managed by affiliates of Apollo Global Management (APO) on July 1. Effective July 2, Brightstar will begin trading on the New York Stock Exchange under its business name, Brightstar Lottery, and new ticker symbol, BRSL. The company's CUSIP will not change, and no action is needed from current stockholders, the company noted. The company received approximately $4.0B of net cash proceeds that are expected to be allocated in the following manner: $2.0B used for previously disclosed contractual commitment to reduce debt; $1.1B to be returned to shareholders; $500M to partially fund upcoming Italy Lotto license payments; and $400M to be used for general corporate purposes. The company's board of directors declared a special cash dividend to common stockholders in the amount of $3.00 per share. The record date of the distribution is July 14 and it will be payable on July 29. In addition, the board authorized a $500M, two-year share repurchase program. The new authorization replaces the company's existing share repurchase program. "The company intends to maintain a strong balance sheet with target net debt leverage around 3.0x supported by robust cash flow generation. Pro forma for the transaction, approximately $100M of residual post-closing transaction costs, the full upfront payments associated with the new Italy Lotto license, and the $1.1B of capital returned to shareholders, net debt leverage as of March 31, 2025, was 3.5x," the company stated.
Apollo funds complete acquisitions of IGT's Gaming, Digital business and Everi
Apollo (APO) announced the completion of the previously announced acquisitions of International Game Technology's (IGT) Gaming & Digital Business and Everi Holdings (EVRI) by a holding company owned by funds managed by Apollo affiliates. The all-cash transaction, valued at approximately $6.3B, brings together complementary businesses to form a privately held global leader in gaming, digital and financial technology solutions. The two companies will be integrated into a combined enterprise in the coming months. Headquartered in Las Vegas, the combined enterprise will operate under the IGT name, while retaining the Everi brand in select markets and product lines. IGT will be organized into three business units: Gaming, Digital and FinTech, creating a customer-first enterprise supported by a people-first culture that values talent, collaboration and innovation. As previously announced, Hector Fernandez is expected to assume the role of CEO of IGT in the fourth quarter of 2025, following the expiration of a customary non-compete period. Until then, Mr. Khin will lead the organization and transition into the role of CEO of IGT's Gaming business unit upon Mr. Fernandez's arrival. Effective today, Everi common stock has been delisted from the New York Stock Exchange. Everi stockholders are receiving $14.25 per share in cash, and International Game Technology PLC is receiving $4.05B of gross cash proceeds
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