Tag Archives: IGT

International Game Technology (IGT) has confirmed the appointment of Mario Di Loreto to the new role of Executive Vice President of Human Resources, Organisation & Transformation. The executive appointment will see Di Loreto a report directly to IGT Plc Group CEO Marco Sala. The company detailed that it had hired Di Loreto to oversee group HR leadership and strategy as …

The Parliamentary All Party Betting & Gaming Group is to focus on gaming machines in the next installment of its ‘Future of Gambling Seminar Series’. Held on Monday 7 th June 2016, Future of Gaming Machines features speakers including BACTA CEO John White, IGT Senior Director for Europe Simon Dorsen, and John Appleton, Director of Electronic Leisure at Mitchells & Butler. Steve Donoughue, gambling consultant and Secretariat …

Presenting its Q1 2016 (period ending 31 March) corporate performance, IGT Plc governance stated its was pleased with its ‘solid opening performance’ as the New York-listed firm saw growth throughout its top line metrics. Reporting group revenues of $1.28 billion up 51% on Q1 2015’s $848 million, IGT detailed growth in its core region of North America. IGT would record …

London AIM-listed mobile casino technology and content provider Nektan Plc has confirmed the appointment of Leigh Nissim as its new CEO. Nektan governance ends its five-month search for its new leader, following the resignation of David Gosen at the start of January. The mobile gambling specialists expects to install Nissim as its CEO by late July, replacing interim CEO and …

Stanleybet governance has announced that it intends to challenge the decision by Italian gambling regulator, Agenzia delle Dogane e dei Monopoli to award its provisional lottery concession to IGT subsidiary Lottomatica. On Monday, a Lottomatica led four-party consortium had been announced as lotto provisional contract owners, following a bid of €770 million in upfront concession payments. The Italian regulator awarded …

Updating the market, New York-listed International Game Technology PLC (IGT) has announced that lottery subsidiary Lottomatica, has been awarded a provisional concession by Italian gambling regulator Agenzia delle Dogane e dei Monopoli to operate its national lotto game. Lottomatica will officially gain the concession in the second quarter of 2016, which is set to run for nine years. Last March, …

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 …

Swiss lottery operator Loterie Romande has entered into a supplier partnership with Camelot Global (Camelot UK subsidiary) which will see the lottery services provider redevelop the online gaming platform for www.loro.ch. The new partnership, will see Loterie Romande, the licensed lottery operator for French-speaking Switzerland drop its long term IGT-powered Loro.ch games platform with Camelot Global acting as its main …

Minister for Sport, Tourism and Heritage Tracey Crouch will be amongst the speakers at the third annual Responsible Gambling Trust (RGT) Harm Minimisation Conference. The conference will be held at the King’s Fund, Cavendish Square, London on Wednesday 9 December 2015 and the overall theme is minimising gambling-related harm in Britain. This year the programme will focus on the range …

IGT Plc governance stated that it was pleased with corporate performance, as it reported $414 million (£270 million) adjusted EBITDA earnings for its Q3 2015 results (period ending 30 September). The earnings results represent a 21% increase on Q3 2014’s $342 million EBITDA. IGT’s performance was driven by a 30% increase in revenues to $1,25 billion for the period (Q3 …