IGT reports $2.5bn annual revenue as Apollo sale remains pending

IGT reported $2.5bn in revenue and $1.17bn in adjusted EBITDA for the year, while its proposed sale of its digital and gaming business and Everi Holdings to Apollo-managed funds for $6.3bn remained pending. Chief executive Vince Sadusky said IGT would discuss how it would use sale proceeds near closing and expected the planned Mega Millions ticket price rise from $2 to $5 to benefit the company.