International Game Technology (IGT) has announced a major strategic move to merge two of its units with Everi Holdings Inc. in a deal valued at $6.2 billion. This divestiture is set to reshape the gaming industry landscape and create a stronger player in the market.
IGT, a leading gaming technology company, will combine its Global Gaming and Global Lottery divisions with Everi, a prominent provider of gaming products and financial technology solutions. The merger aims to leverage the strengths of both companies to drive innovation and growth in the sector.