• 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

IGT leadership rejig amid mulled listing for digital arm

Jan 21, 2022 Newsdesk Industry Talk, Latest News, Top of the deck  


IGT leadership rejig amid mulled listing for digital arm

Casino equipment maker and digital gaming content provider International Game Technology Plc (IGT) said in a press release on Thursday that Marco Sala (pictured in a file photo) would take over as executive chair of the group, with effect from Monday (January 24).

His current chief executive role will go to Vincent Sadusky, who was CEO and board member of Univision Communications Inc from 2018 to 2020, described in IGT’s announcement as the largest Hispanic media company in the U.S. Mr Sadusky will additionally become an executive director of U.S.-listed IGT, with both those appointments also effective from Monday.

Lorenzo Pellicioli will retire as chairperson of the IGT board, and will remain a non-executive director.

Mr Pellicioli was cited as saying in Thursday’s announcement that the leadership rejig would “strengthen IGT’s capabilities to execute on its long-term strategy and the value creation initiatives identified in the company’s recent investor day”.

In November, IGT said a separate public listing of the group’s digital and betting business was “under evaluation”, as part of a strategic review for future growth.

In supporting documents published during an investor day event on November 16, IGT said it expected to complete within 12 months, the “realigning” of its digital and betting segment into a new legal entity. Such a move would support “evaluation of a potential separate public listing of the business,” it stated.

On Thursday, IGT announced also that its board had appointed Maria Pinelli and Ashley Hunter as non-executive directors, with effect from January 14.

Ms Pinelli is a former executive at Ernst & Young Global Ltd. She is described as having successfully led more than 20 initial public offerings distributed among four different countries, and more than 25 merger and acquisition transactions worldwide.

Ms Hunter has been a lecturer at the University of Texas at Austin, School of Information since 2015, and is the founding partner of A. Hunter & Co, described as a leading risk management advisory firm.

In a separate release on Thursday, B&D Holding SpA, the controlling shareholder of De Agostini SpA, announced Mr Sala would be proposed at the June 2022 meeting of the corporate bodies of De Agostini, as the next CEO of that group, succeeding Mr Pellicioli, who will be retiring from that position.

As of September 30, De Agostini held approximately 50.40 percent of IGT’s ordinary shares and approximately 64.98 percent of the voting rights attaching to IGT’s ordinary shares, according to the U.S. announcement.


  • tweet
Related articles
  • IGT floor system, slots for newcomer Cebu casino NUSTAR
    IGT floor system, slots for newcomer...

    May 12, 2022  

  • IGT 1Q revenue slightly up y-o-y, on higher gaming sales
    IGT 1Q revenue slightly up y-o-y, on...

    May 11, 2022  

More news
  • Alvin Chau indicted for illegal gaming, money laundering
    Alvin Chau indicted for illegal gaming,...

    May 26, 2022  

  • Shinhwa World to add condos, villas amid recovery: exec
    Shinhwa World to add condos, villas...

    May 26, 2022  


Latest News

Alvin Chau indicted for illegal gaming, money laundering

Alvin Chau indicted for illegal gaming, money laundering

May 26, 2022  

Macau’s Public Prosecutions Office has indicted Alvin Chau Cheok Wa (pictured in a file photo), former boss of Macau casino junket Suncity Group, with illegal gaming, criminal association, fraud,...
Read More
Shinhwa World to add condos, villas amid recovery: exec

Shinhwa World to add condos, villas amid recovery: exec

May 26, 2022  

Marina Bay Sands to hire up to 2,000 workers: firm

Marina Bay Sands to hire up to 2,000 workers: firm

May 26, 2022  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day


540,430

Visitors arrivals to Singapore in the first four months of 2022



Most Popular

  • Wynn Macau Ltd asks managers to take 10pct wage in stockWynn Macau Ltd asks managers to take 10pct wage in stock May 24, 2022
  • Macau op debt to hit US$25bln unless travel eased 2H: MSMacau op debt to hit US$25bln unless travel eased 2H: MS May 24, 2022
  • Outbound group tours still paused: China immigrationOutbound group tours still paused: China immigration May 24, 2022
  • Macau GGR tax cut idea tied to China outlook: brokerageMacau GGR tax cut idea tied to China outlook: brokerage May 23, 2022
Copyright 2014-2022 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us