NEW YORK, N.Y. – Italian lottery operator Gtech says that it is in preliminary talks with Las Vegas casino gaming company International Game Technology about a potential deal.
Gtech did not specify what type of deal it was seeking.
IGT confirmed in a statement that it was currently exploring strategic alternatives, but it says no decisions have been made yet.
It doesn’t plan to talk about the possible deal until the board makes a decision.
Rome-based Gtech SPA manages lotteries in the U.S., Italy, Spain and South America. IGT makes slot machines for casinos.
Shares of IGT are down 16 cents, or 1 per cent, to $15.70 in afternoon trading.