Overview

• IGT's gaming and digital business will merge with Everi Holdings under Apollo's ownership.
• The deal includes a $4.05 billion cash payment to IGT and $1.2 billion to Everi shareholders.
• IGT's lottery operations will remain publicly traded and headquartered in Rhode Island.
• The transaction is expected to close by the end of the third quarter of 2025, pending regulatory and shareholder approvals.
• IGT CEO Vince Sadusky will lead the new lottery-focused company post-merger.