IGT is considering selling off its gaming and digital content business to focus on its core lottery arm. The potential sale includes its global land-based casino games business, which has attracted interested buyers. However, the future of its sports betting division, part of the Play Digital unit, is uncertain due to the limited market for B2B sports in the United States. Existing clients are unlikely to take the division in-house, and a buyer from Europe may be more interested, considering IGT’s partnerships with LNB in Belgium, OPAP in Greece, and Lottomatica in Italy. The online casino arm, on the other hand, is seen as the most attractive asset, with IGT games holding a significant share of the US online casino GGR. Evolution, with its focus on non live-casino content in the US, is considered a logical option for acquiring the online casino assets.
West Virginia Sports Betting Revenue Rises with Improved Win Rate Despite Declining HandleIn May, West Virginia experienced a second consecutive month of declining sports betting handle, but an improved win […]