IGT Lanuches Brand-new Digital & Betting Segment And Provides Investor Day Update

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LONDON, Sept. 8, 2021/ PRNewswire/ - International Game Technology PLC (NYSE: IGT) (" IGT" or the "Company") today announced that it has actually established a devoted Digital & Betting company.

LONDON, Sept. 8, 2021/ PRNewswire/ - International Game Technology PLC (NYSE: IGT) (" IGT" or the "Company") today revealed that it has actually established a devoted Digital & Betting service segment, comprising its iGaming and sports betting activities that were formerly part of the Global Gaming segment. As a result, beginning with the third quarter of FY2021, IGT will report results under three organization sectors: Global Lottery, Global Gaming and Digital & Betting. The IGT iLottery organization will remain part of the Company's Global Lottery section.


Enrico Drago will serve as CEO, Digital & Betting, reporting to Marco Sala, CEO of IGT, efficient instantly. Drago, 44, previously had oversight of the IGT iGaming, iLottery and sports wagering organizations as Senior Vice President, PlayDigital.


" IGT has developed strong management positions and driven dynamic growth throughout its iGaming and sports betting businesses. With substantial growth anticipated to continue, we have chosen to develop a dedicated Digital & Betting business section," said Marco Sala, CEO of IGT. "These businesses have actually become strategically important to IGT as they afford us the opportunity to utilize the worldwide reach and strong client relationships of our Global Gaming segment. The brand-new structure offers us more flexibility in our item and solutions portfolio and makes it possible for much better gratitude of the intrinsic worth of these activities."


In advance of its 3rd quarter 2021 revenues call, the Company anticipates to provide a recast of its historic financials to show the brand-new segment disclosure.


In addition, due to the increased restrictions and continuous unpredictability surrounding COVID-19 and its Delta version, IGT has chosen to hold its Investor Day occasion practically and has moved its date to November 16, 2021. More info on the occasion will be upcoming.


Executive Biography
Prior to his consultation as CEO, Digital & Betting, Enrico Drago acted as Senior Vice President of PlayDigital from July, 2018, leading a fast-growing and acclaimed portfolio of digital gaming/lottery and sports betting products, platforms and services. He has actually also functioned as Vice Chairman of De Agostini S.p.A., because June, 2021. Since June 30, 2021, De Agostini S.p.A. held approximately 50.40 percent of IGT's common shares and roughly 64.98 percent of the ballot rights connecting to IGT's normal shares. Drago likewise has actually functioned as an advisor for Nina Capital, a leading European venture capital company concentrated on health innovation companies, because 2019. He is the kid of Marco Drago, a member of IGT's Board of Directors and the Chairperson of De Agostini S.p.A.


. In 2014, Enrico Drago signed up with IGT as Chief Operating Officer for subsidiary Lottomatica, managing the Italian service technique and operations. In 2017, he took on the role of Senior Vice President Global Interactive, Sports Betting and Licenses. Prior to joining IGT, he led teams for Inditex Italia, which he signed up with through a management program for high-potential managers. Drago was picked as the Italy Chief Operating Officer for brands Bershka, Pull & Bear, Zara Home, Oysho, Stradivarius and Massimo Dutti and designated as Inditex Italia Managing Director in 2011. Prior to his roles with Inditex Italia, Drago dealt with Puig Beauty and Fashion.


About IGT
IGT (NYSE: IGT) is the worldwide leader in video gaming. We provide amusing and accountable video gaming experiences for gamers throughout all channels and controlled sectors, from Gaming Machines and Lotteries to Sports Betting and Digital. Leveraging a wealth of compelling content, considerable investment in development, gamer insights, functional proficiency, and leading-edge technology, our solutions deliver unrivalled gaming experiences that engage gamers and drive growth. We have a well-established local presence and relationships with governments and regulators in more than 100 countries around the globe, and create value by sticking to the highest standards of service, stability, and obligation. IGT has approximately 11,000 employees. To learn more, please visit www.IGT.com.

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