Business News

As it nears the completion of its acquisition of International Game Technology, gaming and lottery supplier GTECH has revealed that the combined entities will operate under the IGT brand, with a new corporate restructure that will see the entity divided into four business units.

GTECH’s holding company will be renamed International Game Technology plc, with the supplier’s corporate headquarters to be based in the UK, supported by operational centres in Rome, Las Vegas and Providence, Rhode Island. The business will be listed on the New York Stock Exchange under the symbol IGT.

“The combination of GTECH and IGT brings together two highly complementary legacy businesses to form the true blue chip company in global gaming,” GTECH chief executive Marco Sala said. “The new name and branding reflect this positioning. In addition, our two companies have similar core values; in fact, our respective names are derived from the same origin.”

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