March 18, 2016
New York-listed gambling and lottery technology supplier, IGT Group closed its full-year 2015 results (period ending 31 December) reporting adjusted revenues of $5.5 billion down 4% on 2014’s (pro-forma) revenues of $5.7 billion. Declaring its first full-year performance as IGT Group (the combined enterprise of GTECH and IGT), the company would declare adjusted EBITDA earnings of $1.8 billion, down …
Read More »March 17, 2016
IGT Group Italian gambling subsidiary Lottomatica has confirmed that it has entered a four-party consortium aiming to bid for the Italian lottery tender. Lottomatica will lead the bid consortium made up of members Italian Gaming Holding ( a subsidiary of SAZKA Group), Arianna 2001 SPA (an entity affiliated with the Federation of Italian Tobacconists) and Novomatic Italia. Issuing a corporate statement …
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