International Game Technology (IGT) has confirmed it will discontinue its electronic table games (ETG) division by 2027, marking a significant shift in the company’s product strategy. The decision follows extensive workforce reductions and a major merger that have reshaped the gaming giant’s business priorities.
According to IGT spokesperson Phill O’Shaughnessy, the move aligns with the company’s focus on core operations and long-term growth. He emphasized that IGT will continue to support existing ETG customers throughout the transition period.
Strategic Shift Follows Merger and Workforce Changes
The announcement comes after IGT was acquired and merged with Everi Holdings in a $6.3 billion deal led by Apollo Global Management in 2024. Earlier in the year, IGT reduced its global workforce by approximately 10% to streamline operations and accelerate decision-making, as outlined by CEO Hector Fernandez in an internal memo.
As part of the merger, IGT’s former lottery division was spun off to form Brightstar Lottery, now a public entity. The ETG division is the latest to be affected by the company’s evolving business model under Apollo’s ownership.
During a presentation to Nevada regulators, Apollo partner Daniel Cohen stated that enhancing long-term value for operators remains a central goal. He noted that IGT aims to be the primary supplier for major casino operators, offering a comprehensive suite of products and technology solutions.
Performance and Challenges of the ETG Sector
IGT’s ETG business, though smaller than its slot machine segment, had shown steady growth in recent years. The division developed a variety of products, including blackjack, baccarat, and roulette games, as well as a Wheel of Fortune-branded ETG format. These innovations were intended to differentiate IGT’s offerings and meet the needs of both players and casino operators.
However, the ETG market faces unique challenges. ETGs typically require more floor space than slot machines while often generating less revenue, making them a less attractive option for many casino floor managers—especially in the US. By contrast, electronic table games hold greater popularity in European and Asian gaming markets.
Industry observers have also noted shifting dynamics among ETG suppliers. While Interblock remains a leading ETG provider, acquisition talks with Aristocrat were reportedly unsuccessful due to valuation differences.
Ongoing Support and Future Direction
Despite the planned closure, IGT has pledged to maintain its current level of customer support for ETG clients as the division winds down. The company’s leadership has indicated that resources will be redirected toward core gaming products and next-generation casino technology.
For more information on IGT’s strategy and updates, visit the official IGT website.
Industry Implications
The closure of IGT’s ETG division underscores the evolving landscape of casino technology, with major suppliers refocusing on high-performance segments and integrated solutions. As competition intensifies, operators and players can expect further innovation and a renewed emphasis on digital transformation within the gaming industry.