International Game Technology has announced a new organizational structure focused primarily on two business segments: Global Gaming and Global Lottery. According to a company statement, the new structure is designed to:
- provide greater responsiveness to customers and players;
- increase IGT’s effectiveness and competitiveness in providing products and solutions that address the opportunities of each market segment;
- harmonize best practices across both B2B and B2C channels in each product category; and,
- reduce complexity and increase organizational efficiency to support IGT’s intrinsic value.
“A simplified organizational structure grounded in our core competencies creates a stronger, more focused IGT,” said Marco Sala, CEO of IGT.
Reporting to Sala, Renato Ascoli will serve as CEO, Global Gaming; Fabio Cairoli will serve as CEO, Global Lottery. This new structure is effective from July 1, and IGT will start reporting its financial results under these two business segments starting with the third quarter of 2020.