International Game (IGT) announced that its global lottery organization will begin doing business as Brightstar Lottery, effective immediately. Upon completion of the sale of IGT’s Gaming and Digital business, which is expected to occur as early as July 1, to Voyager Parent, a holding company owned by funds managed by affiliates of Apollo Global (APO), Brightstar will be a lottery business designed to elevate lotteries and inspire players.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on IGT:
- International Game signs three-year sports betting pact with Boyd Gaming
- International Game management to meet virtually with Benchmark
- International Game price target lowered to $20 from $22 at Stifel
- IGT Secures Italy Lotto License, Plans Digital Expansion
- International Game downgraded to Hold from Buy at Argus