Global gaming giant International Game Technology PLC (IGT) has established a new business segment to focus on its iGaming and sports betting activities.
Previously listed under Global Gaming, the new Digital & Betting segment will be reported separately from 3Q21 alongside Global Gaming and Global Lottery.
The former Vice Chairman of De Agostini S.p.A IGTs majority shareholder Enrico Drago has been appointed CEO of Digital & Betting and will report directly to IGT CEO Marco Sala, effective immediately.
Drago, 44, previously had oversight of the IGT iGaming, iLottery and sports betting businesses as Senior Vice President of PlayDigital, the company said.
IGT has established strong leadership positions and driven dynamic growth across its iGaming and sports betting businesses, said Sala.
With significant growth expected to continue, we have decided to establish a dedicated Digital & Betting business segment.
These businesses have become strategically important to IGT as they afford us the opportunity to leverage the global reach and strong customer relationships of our Global Gaming segment. The new structure gives us more flexibility in our product and solutions portfolio and enables better appreciation of the intrinsic value of these activities.