• About Us
  • The Team
  • Advertise with Us

The latest news on the gaming industry in Asia

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()
  • Home
  • Macau
  • Philippines
  • Singapore
  • Japan
  • Rest of Asia
  • World
  • Industry Talk
  • Trends & Tech
  • iGaming
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

GTech-IGT marriage sealed

Apr 07, 2015 Newsdesk Industry Talk, Latest News, Top of the deck  


GTech-IGT marriage sealed

Italy-based lottery technology and services specialist GTech SpA and Nevada-based slot machine maker International Game Technology officially became one business on Tuesday, using the brand name of the latter.

GTech’s US$6.4-billion cross-border merger with and into its recently created United Kingdom subsidiary International Game Technology Plc became effective from 12.01 GMT.

“The combined companies will now be known as International Game Technology Plc (IGT PLC) with corporate headquarters in London, and operating headquarters in Rome, Italy; Providence, Rhode Island; and Las Vegas, Nevada,” said the new entity in a press statement on Tuesday.

Trading on Nasdaq in New York of shares in the IGT Plc holding company also starts on Tuesday.

On April 2 it was announced that shareholders of the old IGT corporate entity would be entitled to more cash from the merger than had initially been estimated.

On Friday, GTech’s shares ceased trading on the Italian Stock Exchange.


  • tweet
Related articles
  • Light & Wonder helps push Aug AGEM Index up 1.2pct m-o-m
    Light & Wonder helps push Aug AGEM...

    Sep 07, 2023  

  • 2Q gaming, digital aid IGT strategy options: analyst
    2Q gaming, digital aid IGT strategy...

    Aug 03, 2023  

More news
  • Macau govt sets junket cap per casino operator for 2024
    Macau govt sets junket cap per casino...

    Sep 25, 2023  

  • Sands China partners with Kakao Pay to lure S.Korean visitors
    Sands China partners with Kakao Pay to...

    Sep 25, 2023  


Latest News

Macau govt sets junket cap per casino operator for 2024

Macau govt sets junket cap per casino operator for 2024

Sep 25, 2023  

The Macau government has made public the maximum number of licensed gaming promoters – also known as ‘junkets’ – that each of the city’s casino operator will be able to work with in...
Read More
Sands China partners with Kakao Pay to lure S.Korean visitors

Sands China partners with Kakao Pay to lure S.Korean...

Sep 25, 2023  

Wynn Macau Ltd cancels K-pop festival scheduled for Oct

Wynn Macau Ltd cancels K-pop festival scheduled for Oct

Sep 25, 2023  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day

"We [estimate] that these illegal [currency exchange] transactions account for somewhere between 50 percent to 60 percent [of Macau's annual gross gaming revenue]”

Ben Lee

Managing partner at IGamiX Management and Consulting



Most Popular

  • Any Macau clamp on money changing may hurt GGR: punditsAny Macau clamp on money changing may hurt GGR: pundits September 25, 2023
  • Macau govt sets junket cap per casino operator for 2024Macau govt sets junket cap per casino operator for 2024 September 25, 2023
  • Strong Macau hotel bookings for autumn Golden WeekStrong Macau hotel bookings for autumn Golden Week September 22, 2023
  • Wynn Macau Ltd cancels K-pop festival scheduled for OctWynn Macau Ltd cancels K-pop festival scheduled for Oct September 25, 2023
Copyright 2014-2023 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us