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Apollo completes $6.3bn acquisitions of IGT gaming and Everi

Deals & M&A

Apollo Global Management completed its acquisitions of International Game Technology’s gaming and digital business and Everi Holdings, with the combined enterprise to operate as IGT, the source reported. The $6.3bn transaction will create a privately held business organised into Gaming, Digital and FinTech units; integration is planned over the coming months. Everi shares were delisted from the New York Stock Exchange effective that day.

The completed transaction changes ownership and combines two suppliers under the IGT name.

End-of-day close Brightstar Lottery (BRSL), USD, to 15 August 2025
Story date19 May 202515 August 2025

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Deals & M&A

IGT completes $4bn gaming and digital business sale to Apollo

IGT completed the sale of its gaming and digital businesses to Apollo Management for $4bn, according to the report. Jefferies analyst David Katz said IGT planned to use proceeds to repay $2bn of debt, pay a $3-per-share special dividend and repurchase $500m of stock; he also cited $500m for Italy Lotto lease payments and $400m for general corporate purposes. IGT will focus on its lottery business, the report said.

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