Business Context and Reporting Period
This Form 6-K filing by International Game Technology PLC (the "Company") covers the month of June 2025, specifically dated June 17, 2025. The Company announced the re-branding of its global lottery organization to "Brightstar Lottery," effective immediately. The legal name remains International Game Technology PLC pending the closing of a proposed transaction, after which it is expected to change to Brightstar Lottery PLC.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This document is a current report regarding corporate restructuring and branding rather than a financial statement.
Material Changes
- Re-branding: The global lottery organization is now operating as Brightstar Lottery.
- Proposed Transaction: The Company is in the process of selling its Gaming and Digital business to Voyager Parent, LLC (an affiliate of Apollo Global Management, Inc.).
- Concurrent Acquisition: The Buyer is concurrently acquiring Everi Holdings Inc.
- Legal Name Change: The formal name change to Brightstar Lottery PLC is expected to occur after the closing of the Proposed Transaction and registration with the U.K. Companies House.
Guidance, Outlook, and Management Commentary
Management indicated that trading under the new business name and ticker symbol is expected to commence on or about July 2, 2025. Following the closing of the Proposed Transaction, the Company's ordinary shares will continue to be listed on the NYSE under the new ticker symbol "BRSL." The CUSIP will not change. No action is required from current stockholders regarding the name or ticker symbol change. It is anticipated that the Buyer and Everi will utilize the "IGT" and "International Game Technology" names post-transaction.
Investor Verification Checklist
- Verify the expected closing date of the sale of the Gaming and Digital business to Voyager Parent, LLC.
- Confirm the exact date of the ticker symbol change to "BRSL" on the NYSE (expected on or about July 2, 2025).
- Monitor the U.K. Companies House for the formal registration of the legal name change to Brightstar Lottery PLC.
- Review the full terms of the Proposed Transaction and the concurrent acquisition of Everi Holdings Inc. in subsequent filings.