Tag Archives: IGT

IGT recognised for commitment to diversity at Pride of Gaming Awards

International Game Technology (IGT) was ‘honoured’ to be recognised for its commitment to workplace diversity and inclusivity at the inaugural Pride of Gaming Awards.  The award ceremony was created by CasinoBeats and aims to recognise both gaming industry professionals and groups whose work benefits society and improves the wider communities. “IGT recognizes that it is necessary to have a multicultural …

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All-In Diversity Project launches annual diversity survey

Industry workplace diversity, inclusion and equality program The All-in Diversity Project has launched its second annual survey which will gather data to create its annual report, the All-Index.  The All-Index is used as a benchmark for diversity, inclusion and workplace equality across the gambling and iGaming industry, with over 50 firms now participating in the annual survey. Kelly Kehn, co-founder …

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Scientific Games lands Turkey National Lottery role

Turkey

According to an industry source, Scientific Games has been selected to exclusively supply its lottery instant games, Wave retailer terminals and instant ticket validation system to the consortium selected by the Turkey Wealth Fund to run the Turkey National Lottery. A joint venture (JV) between Italy’s Sisal and Turkish media giant Demirören Holding has secured the operating rights to the …

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IGT appoints ‘security pro’ Dr Samantha Ravich as corporate advisor

New York-listed gambling technology group International Game Technology Plc (IGT) has moved to strengthen its corporate advisory confirming the appointment of Dr Samantha Ravich as an Independent Director. A scholar in national security development, political science and cybersecurity defence measures, Dr Ravich is the current Chair of the Center on Cyber and Technology Innovation at the ‘Foundation for Defense of Democracies’, …

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IGT reduces credit facility arrangement

New York-listed gambling technology group International Game Technology Plc (IGT) has amended and extended the terms of its multicurrency revolving credit loan facility. The group said it has extended the ‘maturity date’ of its corporate credit facility from 26 July, 2021 to 31 July, 2024. IGT’s multicurrency credit loan facility was originally sanctioned in July 2017. Moving to lower its ‘aggregate …

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IGT ups sports integrity dynamics by joining GLMS

New York-listed gambling technology and lottery systems supplier IGT Group has joined the Global Lottery Monitoring System (GLMS) as an Associate Member. IGT will form part of the global association of lotteries, which was established with the objective to ‘safeguard the integrity and values of sports worldwide’. Becoming an Associate Member, IGT will be linked to the GLMS visual identity. It will receive …

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IGT sanctions new €500 million senior debt note

Issuing a market filing, the governance of New York-listed International Game Technology Plc (IGT Plc) has confirmed that it will pursue a private €500 million senior unsecured note transaction. Updating investors, IGT governance confirms that it has made an application for its notes to be officially sanctioned on the ‘Global Exchange Market’ of Ireland’s Euronext Dublin stock exchange. IGT’s new debt …

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BNDES LOTEX blunders weighing heavy on Brazil government

Despite a new government in charge of Brazil, the planned sale of state-owned instant win (scratch) operator LOTEX continues to blunder on. Closing April, BNDES – Brazil’s national development bank, the organisation charged with selling the state asset – issued its fifth straight postponement of the LOTEX tender. It has now extended its window for bid proposals until 9 May. BNDES …

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IGT posts stable 2018 despite international slowdown

IGT sheds Italian weight offloading Lottomatica B2C units to Gamenet SPA

The governance of New York-listed gambling/lottery technology and systems provider IGT Plc has published its full-year 2018 results, underlying marked improvements within its North American lottery division maintained against a tougher international back-drop. Updating the market, IGT reports stable group revenues of $4.8 billion (FY2017: $4.9bn), despite the company recording a tough Q4 2018 closing, in which consolidated revenues declined …

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