International Game Technology (IGT) VP of Global Communications & Investor Relations Phil O’Shaughnessy has confirmed to Global Gaming Insider that the supplier will be shutting down its electronic table games (ETG) division in 2027.
“IGT has made the decision to end… operations of its ETG business in 2027 as part of our focus on core business priorities and long-term growth objectives,” O’Shaughnessy said.
“IGT will continue to provide its ETG customers with the level of support they expect regarding those products during this transition.”
While the supplier’s ETG business had grown to offer blackjack, baccarat and roulette capabilities, the need for large amounts of casino floor space to host the games appeared as the main concern for IGT in its decision.
IGT also chose to reduce its global workforce by approximately 700 employees in March 2026, representing around 10% of its total staff.
The decision was outlined in a letter to employees from CEO Hector Fernandez, who said the move forms part of a broader review of the business following its acquisition by Apollo Global Management for $6.3bn.
“The reduction is required to align resources with business priorities and streamline operations, ensuring we are best-positioned for future growth,” Hernandez said.
“This reflects the structural alignment required to operate as one company, leverage our combined strengths and compete with focus and discipline in a changing industry. The changes we are announcing today are part of that effort to simplify our structure, reduce duplication and enable us to move with greater clarity and speed.”
On a brighter note, IGT PlayDigital formed a new partnership with Hollywoodbets to gain entry into the South Africa online gambling market on July 7, featuring an initial roll out of 20 games from the supplier.
According to IGT, 20 additional titles are expected to roll out “in the coming months” as the partnership continues to expand.
IGT appointed Heidi Franco as Director of People Analytics and Workforce Strategy on June 25, where she now oversees hiring, retention, performance compensation and the use of predictive technology