5 July 2022
United Kingdom
Press Released
Gaming
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International Game Technology PLC Announces Completion of Acquisition of iSoftBet

(London).- International Game Technology PLC ("IGT") today announced that it has completed its previously announced acquisition of iSoftBet, a leading igaming content provider and third-party game aggregator, for approximately €160 million in cash.

The acquisition more than doubles the IGT PlayDigital content library to approximately 225 proprietary games, in addition to providing a world-class, proprietary game aggregation platform to distribute third-party games, and leading data-driven promotional and user-engagement tools.

Oakvale Capital LLP acted as lead financial advisor to IGT. Wachtell, Lipton, Rosen & Katz served as legal advisor to IGT and KPMG LLP acted as tax and financial due diligence advisor to IGT.

M. Firon & Co. and Wiggin LLP served as legal advisor to iSoftBet. BDO Israel acted as independent registered public accounting and tax firm of iSoftBet.