International Game Technology PLC is transitioning its global lottery operations to Brightstar Lottery following the sale of its Gaming and Digital segment to Apollo Global Management, positioning itself as a leading pure play global lottery company.

Information on the Target

International Game Technology PLC (NYSE: IGT) has announced a significant transition for its global lottery operations. Effective immediately, the company will operate under the name Brightstar Lottery. This change comes in anticipation of completing the sale of IGT's Gaming and Digital business segment, expected to finalize by July 1, 2025. The ownership will transfer to Voyager Parent, LLC, which is backed by Apollo Global Management, Inc. Upon the completion of this sale, Brightstar Lottery aims to establish itself as a premier global lottery entity, emphasizing innovation and enhanced player engagement.

The rebranding to Brightstar Lottery represents the company’s intention to modernize its identity while leveraging its nearly 50-year legacy in the lottery sector. It seeks to inspire lottery customers and enhance player experiences by focusing on digital advancements and responding to evolving market dynamics. Brightstar will maintain a comprehensive suite of services, including lottery operations, digital systems, and game creation, while adapting to the changing landscape shaped by technological advancements.

Industry Overview

The lottery industry, especially in the U.S., has been experiencing a transformative shift due to the rapid adoption of digital technology and changing player expectations. As consumer preferences evolve towards online engagement, l