International Game Technology Stock Price, News & Analysis
Company Description
IGT (historically International Game Technology PLC under the IGT ticker) has undergone a major corporate transformation. According to SEC filings, the company completed the sale of its Gaming & Digital business to a holding company owned by funds managed by affiliates of Apollo Global Management and began operating its lottery business under the Brightstar Lottery brand. Following this transaction, the listed company changed its legal name to Brightstar Lottery PLC and its New York Stock Exchange ticker symbol to BRSL. As a result, the IGT ticker now primarily represents the gaming, digital and financial technology enterprise formed from International Game Technology PLC's former Gaming & Digital business and Everi Holdings Inc., rather than the lottery-focused Brightstar Lottery PLC.
The IGT-branded enterprise is described in multiple company news releases as a global provider of gaming, digital and financial technology solutions. It was formed through the combination of International Game Technology PLC's Gaming & Digital Business and Everi Holdings Inc. Its offering spans gaming machines, game content and systems, iGaming, sports betting, cash access, loyalty and player engagement solutions. These capabilities are organized into three primary business units: Gaming, Digital and FinTech. Across these units, the enterprise focuses on delivering integrated, customer-centric experiences across land-based and digital environments for casino, digital and hospitality operators worldwide. The company states that it is headquartered in Las Vegas.
Business structure and activities
Within its Gaming business unit, IGT develops and supplies electronic gaming machines and related content and systems. Company news about trade show appearances describes a portfolio that includes premium and core video slot games, stepper games, video poker, video bingo, video lottery terminals and electronic table games. The enterprise also develops cabinets and platforms that host these games, and it highlights interoperability of content and hardware originating from both the legacy IGT and Everi portfolios.
The Digital business unit focuses on iGaming, sports betting and online content. Under the IGT PlayDigital brand, the company provides omnichannel game content designed for both land-based and online markets, as well as an engagement platform that offers marketing tools intended to boost player engagement and marketing return on investment. The IGT PlaySports technology powers retail and mobile sports betting for government-sponsored lotteries and other operators, as illustrated by a multi-year contract extension with the Rhode Island Lottery to support statewide retail and mobile sports betting.
The FinTech business unit, which includes Everi as an IGT brand, concentrates on financial technology, regulatory technology (RegTech), marketing technology (MarTech) and loyalty solutions for gaming and hospitality operators. Company communications describe offerings such as self-service payment options, cash access, cash handling tools, mobile wallets, loyalty platforms and compliance tools, all designed to support payment flows, player rewards and regulatory requirements in casino and venue environments. Examples include the "Digital Neighborhood" suite of self-service payment and loyalty tools and the use of Everi technology to power a mobile wallet for a professional sports team.
Corporate evolution and relationship to Brightstar Lottery PLC
SEC filings show that International Game Technology PLC, which previously traded under the IGT ticker, completed the sale of its Gaming & Digital business and began doing business as Brightstar Lottery. After the transaction, the company announced a capital return to shareholders and stated that it would continue to operate its lottery business under the Brightstar Lottery brand. A subsequent filing confirms a formal name change from International Game Technology PLC to Brightstar Lottery PLC and notes that its ordinary shares would continue to be listed on the NYSE under the ticker symbol BRSL.
These filings indicate that Brightstar Lottery PLC (BRSL) is the lottery-focused, NYSE-listed entity, while the IGT-branded enterprise described in recent news releases represents the combined Gaming, Digital and FinTech operations that were sold to a buyer owned by Apollo-managed funds and combined with Everi. Public communications about IGT after this combination consistently describe the new enterprise as headquartered in Las Vegas and organized into Gaming, Digital and FinTech business units serving casino, digital and hospitality operators worldwide.
Technology and product focus
Across its business units, IGT emphasizes technology platforms and systems that support gaming and financial transactions. In its Gaming division, the company highlights cabinets such as RISE55 and RISE32, electronic table game platforms, and casino management systems including IGT ADVANTAGE X. It also references AI-powered tools such as TrueAim, which are described as real-time adaptable AI solutions intended to apply data-driven logic and automation to marketing and customer service programs when paired with systems like IGT ADVANTAGE X and IntelligenEVO.
In the Digital division, IGT PlayDigital focuses on omnichannel game launches that appear both in land-based cabinets and online, as well as an engagement platform that uses promotional mechanics such as prize drops, leaderboards and marketing jackpots. These tools are presented as ways to support customer marketing and player engagement across regulated iGaming markets.
In FinTech, Everi-branded solutions integrate with IGT systems to support financial access, loyalty and compliance. Company descriptions mention products that help operators manage payments, monitor player activity, enroll patrons in loyalty programs and meet anti-money laundering requirements. Examples include the Entegrity AML platform, loyalty platforms that integrate with casino management systems, and mobile VIP funding options for table games.
Industry context
Based on the provided industry classification, IGT is associated with the Casinos (except Casino Hotels) industry within the broader Arts, Entertainment, and Recreation sector. The IGT-branded enterprise does not operate casinos directly in the information provided, but instead supplies gaming, digital and financial technology products and services to casino, digital and hospitality operators, as well as to government-sponsored lotteries in the case of sports betting technology contracts.
Company news also highlights participation in major industry trade shows such as the Global Gaming Expo and ICE Barcelona, where IGT showcases its Gaming, Digital and FinTech portfolios. These events are used to present new cabinets, game titles, digital content, engagement platforms and FinTech integrations, reinforcing the enterprise's focus on serving operators across the gaming ecosystem.
Leadership and organization
News releases describe IGT as being led by a CEO and by leaders of each business unit. The Gaming, Digital and FinTech units each have designated executives, and the enterprise references a broader leadership team that includes individuals from legacy IGT Gaming & Digital, Everi and other backgrounds. The company also highlights recognition of its employees by industry organizations, such as awards from Global Gaming Women, as evidence of its participation in the wider gaming community.
Key points for investors and observers
- The IGT ticker historically referred to International Game Technology PLC, which has since changed its name to Brightstar Lottery PLC and its ticker to BRSL after selling its Gaming & Digital business.
- The IGT-branded enterprise described in recent news is a gaming, digital and FinTech technology provider formed through the combination of International Game Technology PLC's former Gaming & Digital business and Everi Holdings Inc.
- The enterprise is organized into Gaming, Digital and FinTech business units and is headquartered in Las Vegas.
- Its activities span gaming machines, game content and systems, iGaming, sports betting technology, cash access, loyalty and player engagement solutions, and financial and compliance tools for casino, digital and hospitality operators.
- Brightstar Lottery PLC, trading under the BRSL ticker, focuses on lottery operations and is separate from the IGT-branded Gaming, Digital and FinTech enterprise described in the news releases.