“Over the last three years, IGT has sharpened its strategic focus by reorganizing around core product verticals, monetizing non-core assets, reducing structural costs and significantly improving its credit profile,” Marco Sala, IGT executive chair, said in a June 8 news release. It said it would consider a sale, merger, spinoff or retaining the divisions. The Italian slot and gaming equipment company said in June that it was considering “potential strategic alternatives” for the divisions. Cannon/Las Vegas Review-Journal) operator of the Venetian and Palazzo hotel-casinos may be considering a move back into the slot machine business.Īpollo Global Management, the private equity firm behind the two Strip properties, is considering a deal to acquire International Game Technology’s global gaming and digital gaming divisions for an estimated $4 billion to $5 billion, according to a Sept. Conventioneers walk through the International Game Technology display during G2E at The Venetian Expo in Las Vegas in 2022.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |