IGT Appoints Gil Rotem as President of iGaming
International Game Technology PLC (NYSE:IGT) has appointed Gil Rotem as President of iGaming, effective immediately. Reporting to Enrico Drago, CEO Digital & Betting, Rotem will oversee the global development of IGT PlayCasino. With nearly two decades of experience from companies like 888.com and bet365, he aims to drive further growth in the iGaming sector, which has seen significant expansion. Drago expressed confidence in Rotem's leadership to maintain IGT's position in the iGaming industry as the segment continues to experience double-digit growth.
- Gil Rotem has extensive experience in iGaming and strategic planning from his roles at 888.com and bet365.
- Appointment of Rotem may strengthen IGT's leadership and competitive stance in the growing iGaming market.
- Concerns about continuity and potential experience gaps following leadership changes.
LONDON, Nov. 8, 2021 /PRNewswire/ -- International Game Technology PLC (NYSE:IGT) ("IGT") today announced that it has appointed Gil Rotem as President of iGaming, effective immediately. Reporting to Enrico Drago, IGT CEO Digital & Betting, Rotem is responsible for ensuring the ongoing development and global expansion of the IGT PlayCasino business, which includes iGaming, poker and bingo.
"The IGT PlayCasino business continues to grow at a rapid pace, and it offers many of the gaming industry's highest-performing and most-recognized game titles. We expect continued double-digit growth from IGT PlayCasino, and Gil Rotem's vision and experience can help us remain well-positioned for continued leadership in iGaming, poker and bingo," said Enrico Drago, IGT CEO Digital & Betting.
Rotem brings nearly two decades of relevant experience to his new role. He previously held senior positions with 888.com and bet365 where he was responsible for strategic board level planning and operations as well as delivering high growth and product optimization improvements. Rotem most recently worked as an independent consultant for an online sports betting company where he led the development and delivery of dozens of exclusive titles for the organization's proprietary games and jackpot platform.
"It's a tremendous opportunity to join Enrico Drago in leading the IGT PlayCasino team and representing the gaming industry's most exciting portfolio of iGaming, poker and bingo content," said Gil Rotem, IGT President of iGaming. "During this period of global transformation in the gaming industry, IGT PlayCasino has delivered outstanding results. I look forward to helping propel future growth with IGT PlayCasino as IGT demonstrates the value and promise of its newly established Digital & Betting segment to customers and shareholders."
About IGT
IGT (NYSE:IGT) is the global leader in gaming. We deliver entertaining and responsible gaming experiences for players across all channels and regulated segments, from Gaming Machines and Lotteries to Sports Betting and Digital. Leveraging a wealth of compelling content, substantial investment in innovation, player insights, operational expertise, and leading-edge technology, our solutions deliver unrivalled gaming experiences that engage players and drive growth. We have a well-established local presence and relationships with governments and regulators in more than 100 countries around the world, and create value by adhering to the highest standards of service, integrity, and responsibility. IGT has approximately 11,000 employees. For more information, please visit www.IGT.com.
Cautionary Statement Regarding Forward-Looking Statements
This news release may contain forward-looking statements (including within the meaning of the Private Securities Litigation Reform Act of 1995) concerning IGT and its consolidated subsidiaries (the "Company") and other matters. These statements may discuss goals, intentions, and expectations as to future plans, trends, events, dividends, results of operations, or financial condition, or otherwise, based on current beliefs of the management of the Company as well as assumptions made by, and information currently available to, such management. Forward-looking statements may be accompanied by words such as "aim," "anticipate," "believe," "plan," "could," "would," "should," "shall," "continue," "estimate," "expect," "forecast," "future," "guidance," "intend," "may," "will," "possible," "potential," "predict," "project" or the negative or other variations of them. These forward-looking statements speak only as of the date on which such statements are made and are subject to various risks and uncertainties, many of which are outside the Company's control. Should one or more of these risks or uncertainties materialize, or should any of the underlying assumptions prove incorrect, actual results may differ materially from those predicted in the forward-looking statements and from past results, performance, or achievements. Therefore, you should not place undue reliance on such statements. Factors that could cause actual results to differ materially from those in the forward-looking statements include (but are not limited to) the factors and risks described in the Company's annual report on Form 20-F for the financial year ended December 31, 2020 and other documents filed from time to time with the SEC, which are available on the SEC's website at www.sec.gov and on the investor relations section of the Company's website at www.IGT.com. Except as required under applicable law, the Company does not assume any obligation to update these forward-looking statements. You should carefully consider these factors and other risks and uncertainties that affect the Company's business. All forward-looking statements contained in this news release are qualified in their entirety by this cautionary statement. All subsequent written or oral forward-looking statements attributable to International Game Technology PLC, or persons acting on its behalf, are expressly qualified in their entirety by this cautionary statement.
Contacts
Phil O'Shaughnessy, Global Communications, toll free in U.S./Canada +1 (844) IGT-7452 and outside U.S./Canada +1 (401) 392-7452
Francesco Luti, Italian media inquiries, +39 06 5189 9184
James Hurley, Investor Relations, +1 (401) 392-7190
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SOURCE International Game Technology PLC
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