IGT Changes Name After Corporate Split — Now Brightstar

IGT Changes Name After Corporate Split — Now Brightstar

International Game Technology PLC announced Tuesday that its global lottery organization will begin doing business as Brightstar Lottery, effective immediately.

This follows the July of 2024 announcement that IGT Gaming was being sold to Apollo for $6.3 billion.

The company's legacy goes back to the Rhode Island start-up GTECH, which grew to be the largest lottery company in the world.

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The announcement does have an impact on Rhode Island. 

"IGT Lottery employees will continue as Brightstar employees. The joint venture with Bally’s to provide slot machines (from all vendors, not just IGT) will continue.  The sports betting app contract remains in effect until expiration next year," said Mike DeAngelis, Senior Director, Corporate Communications for the new Brightstar.

The now-Brightstar, "We are proud of our long-term contract extension with the Rhode Island Lottery and the services we provide, which runs until June 2043, and are committed to maintaining and growing our presence in Rhode Island over time. We make every effort to meet the requirements of our contract, which includes striving to meet its employment requirements and compensating the state when we do not do so," added DeAngelis.

Upon completion of the sale of IGT's Gaming and Digital business ("IGT Gaming"), which is expected to occur as early as July 1, 2025, to Voyager Parent, LLC, a holding company owned by funds managed by affiliates of Apollo, Brightstar will be a premier pure play lottery business designed to elevate lotteries and inspire players.

“The new Brightstar brand invokes the Company's forward-thinking global leadership in the lottery industry, acting as a guiding light and source of inspiration and innovation for lottery customers and players,” says the company.

"We have a nearly 50-year history of reliability, innovation, and leadership in lottery, a bedrock from which we are launching Brightstar with a future-forward mindset of helping lottery customers around the world succeed in an environment of digital adoption, shifting player expectations, and an increasing variety of gaming choices," said Vince Sadusky, CEO of Brightstar.

"Brightstar will be well-positioned to focus on driving innovation and growing the potential of the lottery business responsibly for the entertainment of players, the success of our customers, and the support of the good causes they fund in their communities," said Marco Sala, Executive Chair of the Board, Brightstar. 

As Brightstar, the Company will build on its legacy of delivering unparalleled player experiences and results for its lottery customers around the globe and across the entire lottery value chain, including as a lottery operator, retail and digital systems and technology provider, full-service instant ticket services provider, and game creator. The Company will continue to modernize core technologies and blend heritage with innovation, providing responsible, sustainable solutions to customers around the world through its products, services, technology and insights.

Brightstar serves nearly 90 lottery customers and their players on six continents. It is the primary technology provider to 26 of the 46 lottery jurisdictions in the U.S. and seven of the world's ten largest lotteries.

This story was updated at 12:43 PM.