Reno-based International Game Technology (IGT) has announced that it is restructuring its UK business with its WagerWorks online casino software developer being integrated into the firm’s other British concerns.
The London-based division of WagerWorks will become part of IGT’s British subsidiary IGT-UK Gaming and will be responsible for managing and developing WagerWorks’ online gaming business in the UK and continental Europe alongside continuing to focus on its existing casino supply business.
“As our respective customer bases and technologies are increasingly converging, the integration of the UK division of WagerWorks into IGT-UK Gaming is a natural next step,” said Robert White, Managing Director of IGT-UK.
“This is consistent with our strategy of developing new markets and new routes to market for IGT-UK’s market-leading game content and systems and builds on the recent acquisitions of Cyberview and Million-2-1.”
IGT stated that Paul Mathews, current President for WagerWorks and Senior Vice-President of IGT’s Thin Client Systems Group, would continue to lead all Thin Client product management, system and game development in America, which supports WagerWorks and its customers.
In addition, it revealed that Oliver Lofthouse has been appointed as Director and General Manager of the newly integrated IGT-UK Gaming business and will take up this new role next week. Lofthouse previously served as a Director at Mars Snackfoods and will replace John Wimsett, who has been appointed Managing Director of IGT South America.
“I am delighted to welcome Oliver to the group and look forward to working with him to develop the newly integrated IGT-UK Gaming business in the future,” said White.
“I would also like to take this opportunity to thank John Wimsett for his outstanding contribution to IGT-UK Gaming over the past six years and to wish him the best of luck in his new role in South America.”