May 10, 2022
IGT Plc has reported financial results for the first quarter ended March 31, 2022, showing overall revenue slightly ahead despite a drop in operating income during the trading period. According to the headline figures, consolidated revenue came in at $1.1bn, up 4% as reported and 7% at constant currency, from $1bn in the prior year. Global Gaming revenue increased 42% …
Read More »April 11, 2022
IGT Plc has moved to expand its B2B online casino offering, by securing definitive terms to acquire Malta-based online casino solutions provider iSoftBet. This afternoon, the board of IGT notified investors that it has agreed on a €160 million cash deal to acquire iSoftBet – undertaking an acquisition that will “more than double the IGT PlayDigital content library to approximately …
Read More »February 28, 2022
IGT has announced the sale of its Italian proximity payment business from its IGT Lottery subsidiary to PostePay for a total consideration of €700 million. NYSE-registered IGT will directly sell LIS Holding and indirectly sell LISPAY, the two wholly-owned subsidiaries that constitute and provide its payments operations, which has established a prominent place in Italy. The sale price consists of …
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