Public Gaming Magazine July/August 2020

56 PUBLIC GAMING INTERNATIONAL • JULY/AUGUST 2020 P U L S E Churchill Downs plans to move its BetAmerica online gambling brand onto a GAN platform and a Kambi sportsbook. G2E Las Vegas Gaming Expo Cancelled 888 Inks Online Gaming Extension with Delaware Lottery, Preserving Interstate Poker Network WORLD NEWS IGT Streamlines Business and Leadership Under New Organiza- tional Structure Aligns with the Company's strategic focus and provides a simpli ed, more agile, and customer- centric approach to market - Renato Ascoli appointed as CEO, Global Gaming - Fabio Cairoli appointed as CEO, Global Lottery LONDON, July 1, 2020 /PRNewswire/ -- International Game Technology PLC ("IGT" or the "Company") (NYSE: IGT) today announced a new organizational structure focused primarily on two business segments: Global Gaming and Global Lottery. is new structure is designed to: provide greater responsiveness to customers and players; increase IGT's e ectiveness and competitiveness in providing products and solutions that address the opportunities of each market segment; harmonize best practices across both B2B and B2C channels in each product category; and reduce complexity and increase organizational e ciency to support IGT's intrinsic value. "A simpli ed organizational structure grounded in our core competencies creates a stronger, more focused IGT," said Marco Sala, CEO of IGT. "We have always maintained a customer- rst mentality and are positioning ourselves to meet ever-evolving needs in a dynamic, global marketplace. Global product segments enable us to leverage our extraordinary talent, unique insights as both an operator and service provider, and economies of scale to continue delivering unrivalled gaming experiences and create value for all stakeholders." Reporting to Marco Sala, Renato Ascoli will serve as CEO, Global Gaming; Fabio Cairoli will serve as CEO, Global Lottery. is new structure is e ective from July 1, 2020, and IGT will start reporting its nancial results under these two business segments starting with the third quarter of 2020. Financial results for the second quarter of 2020 will be reported in line with the legacy organizational structure. e Global Gaming and Global Lottery seg- ments will have all of the key operating capa- bilities and autonomy necessary to manage the business, including product management, sales, technology and research and development. e business segments will be supported by central corporate support functions that remain largely unchanged from a leadership standpoint, with the addition of a New Business and Strategic Ini- tiatives function. e new structure addresses key synergy and development areas, while continuing to ensure appropriate governance. Global Gaming will have full responsibility for the IGT Gaming business, consolidating North America, International and Italy B2C Gaming responsibilities. is includes PlayDigital, Sports and Italy Gaming — led by Enrico Drago — as well as Global Gaming Sales, Global Gaming Product Management, Global Gaming Studios, Global Manufacturing, Operations and Services including Global Gaming Technology. Global Lottery will have full responsibility for the IGT Lottery business, consolidating North America, International and Italy. is includes Global Lottery Sales and Operations, Global Lot- tery Product and Sales Development, and Global Lottery Technology and Support. is structure enhances global strategic vision and framework, leveraging proven customer focus and execution while positioning the organization for improved collaboration and best practices sharing. Reporting to Marco Sala, Walter Bugno will lead a New Business and Strategic Initiatives corporate function. In line with the strategic objective of having a clear focus on our business' priorities within IGT's portfolio, this group is responsible for leading business development in jurisdictions where IGT is not present, and where — while there may be a company presence — there is no de ned product segment presence. Additionally, the New Business and Strategic Ini- tiatives group is responsible for managing new in- country initiatives during the start-up phase and o ering on-demand commercial support globally for key accounts with multiple product require- ments. It will also be responsible for managing key strategic initiatives within existing jurisdic- tions as needed and as determined by company leadership. e group will work in unison with the two new global business units in delivery of all initiatives, with nancials rolling up to Global Gaming and Global Lottery. Executive Biographies Prior to his appointment as CEO, Global Gaming, Renato Ascoli served as CEO, North America of IGT PLC. In this capacity, other than serving all North America Customers, he held global responsibility for product development, manufacturing, product management, technol- ogy and delivery of all the Company's portfolio outside of Italy. Prior to his appointment as CEO, Global Lot- tery, Fabio Cairoli served as CEO Italy of IGT PLC, where he was responsible for managing all business lines, marketing services, and sales for the Company's Italian operations. rough his leadership of the largest lottery operator in the world, Mr. Cairoli shares insights and best prac- tices with other organizations in the Company. Prior to his role as leader of IGT New Business and Strategic Initiatives, Walter Bugno served as CEO, International of IGT PLC, where he was responsible for the management and strategic development of the International region. He led the Company's lottery, gaming, and interactive businesses throughout Europe (except Italy), as well as in the Middle East, Latin America and the Caribbean, Africa, and the Asia-Paci c region. For more information about IGT, visit IGT.com , go to Facebook at facebook.com/IGT , follow IGT on Twitter at twitter.com/IGTnews , or watch IGT videos on YouTube at youtube.com/ igt. IGT PlayDigital, PlayRGS Solution, and PlayCasino Content Advance Digital Gaming for Svenska Spel Sport & Casino in Sweden " e introduction of our powerful PlayRGS remote game server and player-tested PlayCasino digital content, combined with IGT's extensive ex- perience in the government-regulated digital gam- ing market, will help ensure the ongoing success of Svenska Spel Sport & Casino's digital program," said Jonas Reuter, Regional Vice President North- ern Europe, IGT International. "As part of our commitment to promoting responsible gaming and sustainably growing our customers' business, IGT was also among the rst supporting members to join the Swedish Gambling Association, SPER. We will continue to work with SPER and its founding member, Svenska Spel, to contribute to a sustainable gaming market in Sweden." e agreement, which is for a minimum term of three years from launch, includes access to the complete library of IGT PlayCasino game content, as well as maintenance, monitoring, and support. One of the most advanced cross-platform deliv- ery systems on the market, PlayRGS provides operators with premium game content and plugs seamlessly into an existing back o ce. A single integration grants access to an extensive library of slots, table games, video poker and instant win games (eInstants), making them immediately available to players where and when they want to play: on desktop computers, mobile phones, and tablet devices.