IGT and GTECH complete merge, begin trade as International Game Technology PLC

Italian lottery and gaming technology firm GTECH and International Game Technology (IGT) has completed combining its business and started trading its new share on the New York Stock Exchange (NYSE) on Monday under the ticket symbol IGT.

The stock closed at $20.08 on Tuesday, up by $2.40 or 13.6% from the opening on about twice the normal volume of shares traded.

“We are pleased to welcome IGT to the NYSE,” said Thomas W. Farley, NYSE Group President. “IGT is a premier global gaming operator shaping the future of entertainment and gaming, and an excellent addition to the NYSE’s community of the world’s leading companies.”

IGT will establish a corporate headquarters in London with key strategic offices in Rome, Italy, Las Vegas, Nevada, and Rhode Island and long-term GTECH CEO Marco Sala will take up the new position of Chief Executive Officer of International Game Technology PLC.