International Game Technology (IGT) has announced that the Judging Commission has completed its thorough evaluation of the technical and economic proposals submitted by LottoItalia, the consortium it leads, for the Italian National Lottery license. The consortium, which includes Allwyn, Arianna 2001, and Novomatic Italia, is anticipated to be officially awarded the license by Italy’s Customs and Monopoly Agency (ADM) within the next 35 days. This license is expected to span nine years, extending through November 2034. The LottoItalia consortium has presented a substantial financial commitment, reportedly raising €2.23 billion ($2.51 billion) in upfront fees as part of their bid to secure the license. In its recent Q1 2025 financial results, IGT revealed that it had earmarked €500 million specifically for this licensure should their consortium’s bid succeed. This marks a significant investment into the Italian market, where IGT also recently received its sixth consecutive responsible gaming certification, underscoring its commitment to regulatory standards. Robust Investment and Operational Strategy IGT’s CEO,… Read More

Category: News 

Source: Casino News Daily