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Lottomatica Changing Name to GTECH

 Italy’s Lottomatica Group, parent company to U.S. lottery giant GTECH and Canadian slot manufacturer Spielo International, announced that it will change its corporate name to GTECH S.p.A., and will implement a plan to “further integrate its businesses on a global basis” in changes “aimed at supporting growth, improving efficiency and enhancing profitability across operations, stepping up the pace of internationalization of the group to better capture its full potential.”

The newly named company will be operated under a unified, customer-facing organization structure aligned around three global geographic regions supported by a central products and services structure. Currently, the group is organized into separate business units focused on their respective products, services, geographies, and market segments. The plan will be progressively implemented and executed within the current year.

To help communicate the vision and support the group’s worldwide growth strategy, the Lottomatica parent company will take advantage of one of the most recognized and valued global brands in the gaming industry in GTECH, which has been a lottery leader for decades. The Lottomatica and Spielo brands will be retained as offerings in the markets and segments they serve.

The new organization will be centered on three regions: the Americas, International and Italy. The regions will be led by Jaymin Patel, Walter Bugno and Fabio Cairoli, respectively. Each region will be responsible for sales and business development for the company’s entire portfolio of products and services, as well as operations and account management with central client services for lotteries, gaming machines, sports betting and interactive.

 

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