International Game announces name change, $1.1B capital return to shareholders
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 01 2025
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Sale Completion and Trading Update: International Game Technology (IGT) has completed the sale of its Gaming & Digital business to Apollo Global Management, with Brightstar Lottery set to begin trading on the NYSE under the ticker BRSL from July 2.
Financial Allocations and Shareholder Returns: The company received $4.0B in net cash proceeds, allocating $2.0B for debt reduction, $1.1B for shareholder returns including a special cash dividend of $3.00 per share, and plans for a $500M share repurchase program.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
