Apollo Global Management swooped in with a $6.3 billion deal to acquire both businesses and take them private, derailing a planned merger of IGT's gaming and digital businesses with Everi. The lottery business will be led by Sadusky and will continue to be a listed entity, albeit with a new name.
IGT is a top lottery provider in a market segment supported by traits akin to infrastructure, like steady revenue streams backed by long-term agreements and enduring client connections.
IGT is a top lottery provider in a market segment supported by traits akin to infrastructure, like steady revenue streams backed by long-term agreements and enduring client connections.