IGT rebrands lottery business as Brightstar ahead of gaming unit sale

International Game Technology (IGT) has officially rebranded its global lottery division as Brightstar Lottery, as the company prepares to exit the gaming sector.

The rebranding, effective immediately, positions Brightstar Lottery as a standalone operator, game developer, and technology supplier serving regulated lottery providers worldwide. The newly branded company boasts a network of more than 80 lottery partners across six continents and currently supplies lottery technology to 26 of the 46 U.S. lottery jurisdictions.

"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," added Marco Sala, Executive Chair of the Board, Brightstar.

The move comes after IGT agreed to sell its Gaming and Digital division to Apollo Global Management in a $6.3 billion all-cash deal. Apollo will acquire IGT’s gaming unit and gaming company Everi through its holding firm Voyager Parent, LLC.

Before the merger with Everi, IGT will spin off the Gaming and Digital business to its shareholders. The combined company will go private and offer both IGT’s gaming products and Everi’s casino and bingo offerings.

Everi shareholders will receive $14.25 per share. IGT will receive $4 billion in cash, which it plans to use to pay down debt and return value to shareholders.

IGT’s majority owner, De Agostini S.p.A., will retain a minority stake in the new entity. The transaction is expected to close in the second half of 2025.