IGT splits business again with new digital and betting segment
| By Robert Fletcher
International Game Technology (IGT) has established a new ‘Digital and Betting’ business, headed up by Enrico Drago and comprising the igaming and sports betting operations previously part of its Global Gaming segment.
The IGT business will now operate as three segments, with the new Digital and Betting arm running alongside its Global Lottery and Global Gaming divisions that were established in July last year.
As such, beginning with the third quarter of its 2021 financial year, IGT will report results for its Digital and Betting business separately from the other two segments.
IGT added that its IGT iLottery business will remain part of the Global Lottery segment.
“IGT has established strong leadership positions and driven dynamic growth across its iGaming and sports betting businesses. With significant growth expected to continue, we have decided to establish a dedicated Digital & Betting business segment,” IGT chief executive Marco Sala said.