Tag Archives: IGT

IGT appoints emerging markets expert Beatrice Bassey as a corporate advisor

New York-listed gambling technology and lottery systems supplier IGT Plc has moved to strengthen its corporate governance and general counsel by confirming the appointment of Beatrice H. Bassey as an independent advisor. The strategic appointment of Bassey will see the executive counsel IGT governance on group legal oversight and support the firm’s executive leadership team on ongoing compliance directives related to …

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IGT names Max Chiara as inbound Group CFO

IGT has concluded its four-month executive search after confirming the appointment of  Massimiliano ‘Max’ Chiara as its new Group Chief Financial Officer (CFO), effective from 6 April 2020. Max Chiara will replace long-term CFO Alberto Fornaro, who ended his nine-year tenure leading IGT’s financial units last December, joining South Korean e-commerce retailer Coupang Group.  Updating investors, IGT has stated that …

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Conajzar Paraguay sanctions national lottery tender

José Antonio Ortiz Báez, President of Conajzar Paraguay’s ‘National Gambling Commission’, has disclosed that four companies are vying to become the new operating company of the ‘Paraguay Quiniela’ (National Lottery). Ortiz Báez disclosed that tender competition documents had been accepted by national competitors Paraguay TDP, Consorcio B Gaming and Daruma SA, joined by ‘IGT Foreign Holdings’ as the only international …

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IGT appoints ‘trusted hand’ Fabio Celadon as M&A lead

The governance of New York listed gambling technology group IGT Plc has confirmed the promotion of Fabio Celadon to the position of Executive Vice President of Strategy and Corporate Development. An IGT executive since 2006, Celadon takes charge of IGT corporate development strategy having formerly served as Senior Vice President of Gaming Portfolio (2017-2019). Celadon’s executive tenure at IGT has also …

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IGT seeks new financial lead as Alberto Fornaro ends CFO tenure

New York-listed gambling technology group International Game Technology Plc (IGT) has confirmed that senior executive Alberto Fornaro has chosen to end his tenure as Chief Financial Officer (CFO). Fornaro will leave the management team on 31 January 2020 to ensure a smooth corporate transition. IGT’s board of directors has unanimously approved the appointment of Timothy Rishton, current Senior VP and Chief …

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Brazil finance ministry allows CAIXA to increase lottery ticket prices

Issuing a statement, SECAP – the planning department of Brazil’s Finance & Economic Ministry – has confirmed that it will allow national bank CAIXA to increase prices across its lottery products offering. Beginning 2020, CAIXA will be allowed to increase its ticket prices on its eight lottery products by an average of 28%. The update sees CAIXA implement its first ticket …

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IWG lands three-year instant win deal for Loterie Nationale

IWG

Instant Win Gaming (IWG) will drive the next phase of online lottery growth in Belgium through an extension of its partnership with International Game Technology (IGT). Loterie Nationale, the country’s National Lottery, has handed IWG a three-year contract to deliver its instant win content following a competitive procurement process. The supplier will, therefore, be integrating its own Progressive Play Remote …

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SIS drives international expansion with Ian Baynes appointment

Racing content and data provider Sports Information Services (SIS) has confirmed the appointment of Ian Baynes, who will drive the company’s international expansion strategy through his new role as Commercial Director.  In his new role, Baynes will be responsible for SIS’s Sales function, tasked with increasing the company’s international penetration and commercial revenues, as well as maximising opportunities with existing …

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Trustly Live: Bringing instant cashless payments to land-based gaming

Trustly Live

Land-based casinos can now offer cashless payments for casino chips in under a minute through Trustly Live, a brand new solution for land-based operators launched at this week’s Global Gaming Expo (G2E) in Las Vegas. We spoke to Samuel Barrett, Trustly’s Director of Gaming, to find out more.  SBC Can you give us a brief bit of history behind the …

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IGT joins Steering Group developing ‘Code of Practice’ on workplace diversity

New York-listed gambling technology group International Game Technology (IGT) has become the first industry incumbent to join the BSI Group’s ‘Workplace Code of Practice Steering Group’. Updating stakeholders, IGT confirms that it will collaborate with BSI the UK’s leading business standards association and industry workplace diversity and inclusion partner All-in Diversity Project (AIDP)  in developing the Steering Group’s directives. The …

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