Las Vegas, Nevada has witnessed the largest merger ever in the history of gaming machines production. At a meeting in Las Vegas Thursday, between the International Game Technology, a United States based company operating from the city, and the Italian company GTECH, the Nevada Gaming Commission unanimously agreed upon the biggest amalgamation ever within the equipment manufacturing sector.
IGT and GTECH executives later justified the unification, stating that the merger would bring together the biggest slot machine maker in the world and the top rated lottery provider in the gaming industry. This merger will combine GTECH’s lottery technology and services, and their gaming operations with IGT’s game library, machine products, operating capabilities, and their manufacturing division.
After announcing the deal, company officials in Las Vegas stated that the combined entity, IGT-GTECH, would now be branded as IGT.
Full Content: Poker News
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Uruguayan Antitrust Scrutiny Puts Major Meatpacking Deal Between Marfrig and Minerva on Hold
May 19, 2024 by
CPI
Alaska Airlines Seeks Dismissal of Consumer Lawsuit Over $1.9 Billion Hawaiian Airlines Buy
May 19, 2024 by
CPI
Idaho Attorney General Orders Split of Kootenai Health and Syringa Hospital
May 19, 2024 by
CPI
Court Rejects T-Mobile’s Appeal Bid in Antitrust Case Over Sprint Merger
May 19, 2024 by
CPI
Google Requests Judge, Not Jury, to Decide on Antitrust Case
May 19, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Ecosystems
May 9, 2024 by
CPI
Mapping Antitrust onto Digital Ecosystems
May 9, 2024 by
CPI
Ecosystems and Competition Law: A Law and Political Economy Approach
May 9, 2024 by
CPI
Ecosystem Theories of Harm: What is Beyond the Buzzword?
May 9, 2024 by
CPI
Open Ecosystems: Benefits, Challenges, and Implications for Antitrust
May 9, 2024 by
CPI