Tag Archives: IGT

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

SBC News 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

SBC News 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

IGT

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

IGT

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

SBC News 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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Donald R. Sweitzer ends tenure as IGT Chairman of Global Solutions

SBC News Donald R. Sweitzer ends tenure as IGT Chairman of Global Solutions

Updating the market, New York-listed gambling technology and lottery systems provider IGT Plc has confirmed that long-term executive Donald R. Sweitzer is set to retire as Chairman of IGT Global Solutions Corporation. Sweitzer ends a 20-year executive tenure with IGT, in which he has served as a key stakeholder in the gambling technology group’s governmental affairs and multi-national development strategies. …

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Lorenzo Pellicioli takes IGT Chairmanship

SBC News Lorenzo Pellicioli takes IGT Chairmanship

The governance of New York-listed gambling technology group IGT Plc has confirmed that Lorenzo Pellicioli will take the remit of corporate Chairman of the Board, having previously served the role on an interim basis. Updating investors, IGT concludes its governance leadership search, which was sanctioned this August following the departure of Phil Satre to NASDAQ casino and leisure operator Wynn …

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Golden Race granted associate membership to NASPL

NASPL

Golden Race has been granted associate membership to the North American Association of State & Provincial Lotteries (NASPL), a regional organisation spanning Canada and the US that facilitates better communication between lottery operators, as well as between lottery operators and gaming vendors. The virtual sports platform provider has joined 52 lottery operators/suppliers in Canada and the US, including IGT, Intralot, …

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