International Game Technology PLC (IGT), formerly Gtech S.p.A. and Lottomatica S.p.A., is a multinational gambling company that produces

slot machine A slot machine (American English), fruit machine (British English) or poker machine (Australian English and New Zealand English) is a gambling machine that creates a game of chance for its customers. Slot machines are also known pejoratively a ...

s and other gambling technology. The company is headquartered in London, with major offices in

Rome , established_title = Founded , established_date = 753 BC , founder = King Romulus (legendary) , image_map = Map of comune of Rome (metropolitan city of Capital Rome, region Lazio, Italy).svg , map_caption ...

Providence, Rhode Island Providence is the capital and most populous city of the U.S. state of Rhode Island. One of the oldest cities in New England, it was founded in 1636 by Roger Williams, a Reformed Baptist theologian and religious exile from the Massachusetts Bay ...

, and

Las Vegas Las Vegas (; Spanish for "The Meadows"), often known simply as Vegas, is the 25th-most populous city in the United States, the most populous city in the state of Nevada, and the county seat of Clark County. The city anchors the Las Vegas ...

. It is controlled, with a 51 percent stake, by De Agostini. Italian gambling company Lottomatica acquired

Gtech Corporation GTECH Corporation was a gaming technology company based in Providence, Rhode Island, United States. It was acquired in 2006 for $4.5 billion by Lottomatica of Italy, which later changed its own name to GTECH. Ticker symbol GTECH's ticker symbol ...

, a US gambling company, in August 2006, and later changed its own name to Gtech. Gtech managed many state and provincial

lotteries A lottery is a form of gambling that involves the drawing of numbers at random for a prize. Some governments outlaw lotteries, while others endorse it to the extent of organizing a national or state lottery. It is common to find some degree of ...

in the US and had contracts with local and national lotteries in Europe, Australia, Latin America, the Caribbean, and Asia. In 2015, the company acquired American gambling company

International Game Technology International Game Technology PLC (IGT), formerly Gtech S.p.A. and Lottomatica S.p.A., is a multinational gambling company that produces slot machines and other gambling technology. The company is headquartered in London, with major offices in ...

and again adopted the acquired company's name as its own.

Current holdings

With the 2006 acquisition of Gtech, the company increased its global business activities due to a permanent presence of its employees in several countries throughout the world. IGT has operations in more than 100 countries worldwide, and deals with various ethnicities and nations with different levels of local employment laws. In order to meet these various requirements, IGT complies with the principles of the International Labor Office's Tripartite Declaration of Principles concerning Multinational Enterprises and its social policy (Geneva 2000). In particular, the Company complies with all of the recommendations in the aforementioned declaration with regard to relations with staff in the various states. In July 2014, Gtech agreed to acquire American company

(IGT), the world's largest slot machine manufacturer, for a total of $6.4 billion, including $4.7 billion in cash and $1.7 billion in assumed debt. The companies combined under a new holding company based in the United Kingdom, and the Gtech name was dropped in favor of IGT. In April 2015, Gtech completed its merger with IGT. The new combined company's name is International Game Technology PLC. In February 2022, IGT announced their expansion into Washington state via a multi-year deal with Kalispel tribe. In March 2022, International Gaming Technology’s subsidiary IGT global services announced their 6-year partnership agreement with Singapore Pools Limited. In April 2022, International Games Technology announced their deal to acquire igaming content provider iSoftBet for approximately €160 million.

References

External links

* {{authority control Gambling companies of the United Kingdom Manufacturing companies based in London Companies based in the City of Westminster Gambling companies established in 1990 Companies listed on the New York Stock Exchange Electronics companies established in 1990 1990 establishments in England Slot machine manufacturers