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IGT meaning in Business ?

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Answer: What is International Game Technology mean?

International Game Technology PLC (IGT), formerly Gtech S.p.A. and Lottomatica S.p.A., is a multinational gambling company that produces slot machines and other gambling technology. The company is headquartered in London, with major offices in Rome, Providence, Rhode Island, and Las Vegas. It is controlled, with a 51 percent stake, by De Agostini.

Italian gambling company Lottomatica acquired Gtech Corporation, a US gambling company, in August 2006, and later changed its own name to Gtech. Gtech managed many state and provincial lotteries in the US and had contracts with local and national lotteries in Europe, Australia, Latin America, the Caribbean, and Asia.

In 2015, the company acquired American gambling company International Game Technology and again adopted the acquired company's name as its own.

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