{"id":19450,"date":"2025-06-17T12:50:33","date_gmt":"2025-06-17T09:50:33","guid":{"rendered":"http:\/\/staging.igamingamerika.com\/?p=19450"},"modified":"2025-06-17T12:50:33","modified_gmt":"2025-06-17T09:50:33","slug":"ngcb-approves-6-3-billion-apollo-acquisition-of-igt-and-everi","status":"publish","type":"post","link":"https:\/\/igamingamerika.com\/index.php\/2025\/06\/17\/ngcb-approves-6-3-billion-apollo-acquisition-of-igt-and-everi\/","title":{"rendered":"Nevada Regulator Unanimously Approves $6.3 Billion Apollo Acquisition of IGT and Everi"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>In a decisive move, the <a href=\"https:\/\/gaming.nv.gov\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Nevada Gaming Control Board (NGCB)<\/a> has unanimously approved Apollo Global Management\u2019s proposed acquisition of two major gaming industry players, International Game Technology (IGT) and Everi Holdings. Valued at approximately $6.3 billion, the deal is set to significantly alter the competitive landscape of the gaming sector, with completion anticipated by early July.<\/strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-white-color\"><strong> <\/strong>NGCB Apollo Acquisition IGT Everi<\/mark><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Regulatory authorities are progressing toward final approvals, with the Nevada Gaming Commission (NGC) expected to give its consent during a scheduled session on June 26. Similarly, the Pennsylvania Gaming Control Board (PGCB) is anticipated to approve the transaction, paving the way for the deal\u2019s closure on July 1, subject to all remaining regulatory clearances.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Under the terms of the agreement, Apollo will acquire IGT and Everi, transforming them into privately owned entities under the broader Apollo umbrella. Despite the change in ownership structure, IGT will retain its name and branding after the deal closes. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Leadership arrangements are also outlined; Nick Khin, the current President of Global Gaming at IGT, is designated to serve as interim CEO during the transitional period. He is expected to assume full leadership of IGT\u2019s global gaming division once Hector Fernandez completes a non-compete agreement with Aristocrat Gaming later this year. Shareholders of Everi are set to receive $14.25 per share in cash, which values the company at around $2.25 billion. Meanwhile, IGT\u2019s Gaming and Digital segments are valued at approximately $4.05 billion, with Apollo committing up to $20 billion in funding to facilitate the acquisition.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Read also: <a href=\"http:\/\/staging.igamingamerika.com\/betnacional-sponsors-and-celebrates-the-23rd-rio-marathon-2025\/\"><strong>Betnacional Sponsors and Celebrates the 23rd Rio Marathon 2025<\/strong><\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Nevada Gaming Control Board has also recommended terminating IGT\u2019s registration as a publicly traded company, marking a substantial shift in the company\u2019s corporate status. Kirk Hendrick, who will resign from his role as NGCB Chairman on June 23, remarked that the approval process was notably smoother due to the familiarity between the regulatory body and the companies involved. In addition to these developments, Nevada Governor Joe Lombardo announced that Mike Dreitzer, CEO of Gaming Arts, will assume the Chairmanship of the NGCB starting April 22, indicating ongoing leadership evolution within the state\u2019s gaming regulatory environment.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">As the deal moves toward finalization, industry observers will be watching closely to gauge how Apollo\u2019s strategic integration influences the future trajectory of gaming technology and operations on a global scale.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a decisive move, the Nevada Gaming Control Board (NGCB) has unanimously approved Apollo Global Management\u2019s proposed acquisition of two major gaming industry players, International Game Technology (IGT) and Everi Holdings. Valued at approximately $6.3 billion, the deal is set to significantly alter the competitive landscape of the gaming sector, with completion anticipated by early &hellip;<\/p>\n","protected":false},"author":1,"featured_media":19451,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22,157],"tags":[333],"class_list":["post-19450","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-united-states-of-america-gambling-news","tag-nevada-gaming-control-board-ngcb"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>NGCB Approves $6.3 Billion Apollo Acquisition of IGT and Everi<\/title>\n<meta name=\"description\" content=\"NGCB approved Apollo &#039;s $6.3 billion acquisition of IGT and Everi, marking a significant milestone in the gaming industry\u2019s consolidation\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/igamingamerika.com\/index.php\/2025\/06\/17\/ngcb-approves-6-3-billion-apollo-acquisition-of-igt-and-everi\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NGCB Approves $6.3 Billion Apollo Acquisition of IGT and Everi\" \/>\n<meta property=\"og:description\" content=\"NGCB approved Apollo &#039;s $6.3 billion acquisition of IGT and Everi, marking a significant milestone in the gaming industry\u2019s consolidation\" \/>\n<meta property=\"og:url\" content=\"https:\/\/igamingamerika.com\/index.php\/2025\/06\/17\/ngcb-approves-6-3-billion-apollo-acquisition-of-igt-and-everi\/\" \/>\n<meta property=\"og:site_name\" content=\"iGaming Amerika \u2013 Top Casino, Sports Betting, and Lottery News in America\" \/>\n<meta property=\"article:published_time\" content=\"2025-06-17T09:50:33+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/igamingamerika.com\/wp-content\/uploads\/2025\/06\/output-68.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"640\" \/>\n\t<meta property=\"og:image:height\" content=\"640\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"igamingamerika\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"igamingamerika\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/igamingamerika.com\\\/index.php\\\/2025\\\/06\\\/17\\\/ngcb-approves-6-3-billion-apollo-acquisition-of-igt-and-everi\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/igamingamerika.com\\\/index.php\\\/2025\\\/06\\\/17\\\/ngcb-approves-6-3-billion-apollo-acquisition-of-igt-and-everi\\\/\"},\"author\":{\"name\":\"igamingamerika\",\"@id\":\"http:\\\/\\\/igamingamerika.com\\\/#\\\/schema\\\/person\\\/5b794c2a5bfbb47e6c6415366067d4f5\"},\"headline\":\"Nevada Regulator Unanimously Approves $6.3 Billion Apollo Acquisition of IGT and Everi\",\"datePublished\":\"2025-06-17T09:50:33+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/igamingamerika.com\\\/index.php\\\/2025\\\/06\\\/17\\\/ngcb-approves-6-3-billion-apollo-acquisition-of-igt-and-everi\\\/\"},\"wordCount\":398,\"image\":{\"@id\":\"https:\\\/\\\/igamingamerika.com\\\/index.php\\\/2025\\\/06\\\/17\\\/ngcb-approves-6-3-billion-apollo-acquisition-of-igt-and-everi\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/igamingamerika.com\\\/wp-content\\\/uploads\\\/2025\\\/06\\\/output-68.jpg\",\"keywords\":[\"Nevada Gaming Control Board (NGCB)\"],\"articleSection\":[\"News\",\"United States of America\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/igamingamerika.com\\\/index.php\\\/2025\\\/06\\\/17\\\/ngcb-approves-6-3-billion-apollo-acquisition-of-igt-and-everi\\\/\",\"url\":\"https:\\\/\\\/igamingamerika.com\\\/index.php\\\/2025\\\/06\\\/17\\\/ngcb-approves-6-3-billion-apollo-acquisition-of-igt-and-everi\\\/\",\"name\":\"NGCB Approves $6.3 Billion Apollo Acquisition of IGT and Everi\",\"isPartOf\":{\"@id\":\"http:\\\/\\\/igamingamerika.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/igamingamerika.com\\\/index.php\\\/2025\\\/06\\\/17\\\/ngcb-approves-6-3-billion-apollo-acquisition-of-igt-and-everi\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/igamingamerika.com\\\/index.php\\\/2025\\\/06\\\/17\\\/ngcb-approves-6-3-billion-apollo-acquisition-of-igt-and-everi\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/igamingamerika.com\\\/wp-content\\\/uploads\\\/2025\\\/06\\\/output-68.jpg\",\"datePublished\":\"2025-06-17T09:50:33+00:00\",\"author\":{\"@id\":\"http:\\\/\\\/igamingamerika.com\\\/#\\\/schema\\\/person\\\/5b794c2a5bfbb47e6c6415366067d4f5\"},\"description\":\"NGCB approved Apollo 's $6.3 billion acquisition of IGT and Everi, marking a significant milestone in the gaming industry\u2019s consolidation\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/igamingamerika.com\\\/index.php\\\/2025\\\/06\\\/17\\\/ngcb-approves-6-3-billion-apollo-acquisition-of-igt-and-everi\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/igamingamerika.com\\\/index.php\\\/2025\\\/06\\\/17\\\/ngcb-approves-6-3-billion-apollo-acquisition-of-igt-and-everi\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/igamingamerika.com\\\/index.php\\\/2025\\\/06\\\/17\\\/ngcb-approves-6-3-billion-apollo-acquisition-of-igt-and-everi\\\/#primaryimage\",\"url\":\"https:\\\/\\\/igamingamerika.com\\\/wp-content\\\/uploads\\\/2025\\\/06\\\/output-68.jpg\",\"contentUrl\":\"https:\\\/\\\/igamingamerika.com\\\/wp-content\\\/uploads\\\/2025\\\/06\\\/output-68.jpg\",\"width\":640,\"height\":640,\"caption\":\"Nevada Regulator Unanimously Approves $6.3 Billion Apollo Acquisition of IGT and Everi\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/igamingamerika.com\\\/index.php\\\/2025\\\/06\\\/17\\\/ngcb-approves-6-3-billion-apollo-acquisition-of-igt-and-everi\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/igamingamerika.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Nevada Regulator Unanimously Approves $6.3 Billion Apollo Acquisition of IGT and Everi\"}]},{\"@type\":\"WebSite\",\"@id\":\"http:\\\/\\\/igamingamerika.com\\\/#website\",\"url\":\"http:\\\/\\\/igamingamerika.com\\\/\",\"name\":\"iGaming Amerika \u2013 Top Casino, Sports Betting, and Lottery News in America\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"http:\\\/\\\/igamingamerika.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"http:\\\/\\\/igamingamerika.com\\\/#\\\/schema\\\/person\\\/5b794c2a5bfbb47e6c6415366067d4f5\",\"name\":\"igamingamerika\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/4dc41677e154806d938d76e8ea691842d0b94270147a30b2bde60eb7cfd44cc9?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/4dc41677e154806d938d76e8ea691842d0b94270147a30b2bde60eb7cfd44cc9?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/4dc41677e154806d938d76e8ea691842d0b94270147a30b2bde60eb7cfd44cc9?s=96&d=mm&r=g\",\"caption\":\"igamingamerika\"},\"sameAs\":[\"http:\\\/\\\/igamingamerika.com\"],\"url\":\"https:\\\/\\\/igamingamerika.com\\\/index.php\\\/author\\\/igamingamerika\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"NGCB Approves $6.3 Billion Apollo Acquisition of IGT and Everi","description":"NGCB approved Apollo 's $6.3 billion acquisition of IGT and Everi, marking a significant milestone in the gaming industry\u2019s consolidation","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/igamingamerika.com\/index.php\/2025\/06\/17\/ngcb-approves-6-3-billion-apollo-acquisition-of-igt-and-everi\/","og_locale":"en_US","og_type":"article","og_title":"NGCB Approves $6.3 Billion Apollo Acquisition of IGT and Everi","og_description":"NGCB approved Apollo 's $6.3 billion acquisition of IGT and Everi, marking a significant milestone in the gaming industry\u2019s consolidation","og_url":"https:\/\/igamingamerika.com\/index.php\/2025\/06\/17\/ngcb-approves-6-3-billion-apollo-acquisition-of-igt-and-everi\/","og_site_name":"iGaming Amerika \u2013 Top Casino, Sports Betting, and Lottery News in America","article_published_time":"2025-06-17T09:50:33+00:00","og_image":[{"width":640,"height":640,"url":"http:\/\/igamingamerika.com\/wp-content\/uploads\/2025\/06\/output-68.jpg","type":"image\/jpeg"}],"author":"igamingamerika","twitter_card":"summary_large_image","twitter_misc":{"Written by":"igamingamerika","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/igamingamerika.com\/index.php\/2025\/06\/17\/ngcb-approves-6-3-billion-apollo-acquisition-of-igt-and-everi\/#article","isPartOf":{"@id":"https:\/\/igamingamerika.com\/index.php\/2025\/06\/17\/ngcb-approves-6-3-billion-apollo-acquisition-of-igt-and-everi\/"},"author":{"name":"igamingamerika","@id":"http:\/\/igamingamerika.com\/#\/schema\/person\/5b794c2a5bfbb47e6c6415366067d4f5"},"headline":"Nevada Regulator Unanimously Approves $6.3 Billion Apollo Acquisition of IGT and Everi","datePublished":"2025-06-17T09:50:33+00:00","mainEntityOfPage":{"@id":"https:\/\/igamingamerika.com\/index.php\/2025\/06\/17\/ngcb-approves-6-3-billion-apollo-acquisition-of-igt-and-everi\/"},"wordCount":398,"image":{"@id":"https:\/\/igamingamerika.com\/index.php\/2025\/06\/17\/ngcb-approves-6-3-billion-apollo-acquisition-of-igt-and-everi\/#primaryimage"},"thumbnailUrl":"https:\/\/igamingamerika.com\/wp-content\/uploads\/2025\/06\/output-68.jpg","keywords":["Nevada Gaming Control Board (NGCB)"],"articleSection":["News","United States of America"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/igamingamerika.com\/index.php\/2025\/06\/17\/ngcb-approves-6-3-billion-apollo-acquisition-of-igt-and-everi\/","url":"https:\/\/igamingamerika.com\/index.php\/2025\/06\/17\/ngcb-approves-6-3-billion-apollo-acquisition-of-igt-and-everi\/","name":"NGCB Approves $6.3 Billion Apollo Acquisition of IGT and Everi","isPartOf":{"@id":"http:\/\/igamingamerika.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/igamingamerika.com\/index.php\/2025\/06\/17\/ngcb-approves-6-3-billion-apollo-acquisition-of-igt-and-everi\/#primaryimage"},"image":{"@id":"https:\/\/igamingamerika.com\/index.php\/2025\/06\/17\/ngcb-approves-6-3-billion-apollo-acquisition-of-igt-and-everi\/#primaryimage"},"thumbnailUrl":"https:\/\/igamingamerika.com\/wp-content\/uploads\/2025\/06\/output-68.jpg","datePublished":"2025-06-17T09:50:33+00:00","author":{"@id":"http:\/\/igamingamerika.com\/#\/schema\/person\/5b794c2a5bfbb47e6c6415366067d4f5"},"description":"NGCB approved Apollo 's $6.3 billion acquisition of IGT and Everi, marking a significant milestone in the gaming industry\u2019s consolidation","breadcrumb":{"@id":"https:\/\/igamingamerika.com\/index.php\/2025\/06\/17\/ngcb-approves-6-3-billion-apollo-acquisition-of-igt-and-everi\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/igamingamerika.com\/index.php\/2025\/06\/17\/ngcb-approves-6-3-billion-apollo-acquisition-of-igt-and-everi\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/igamingamerika.com\/index.php\/2025\/06\/17\/ngcb-approves-6-3-billion-apollo-acquisition-of-igt-and-everi\/#primaryimage","url":"https:\/\/igamingamerika.com\/wp-content\/uploads\/2025\/06\/output-68.jpg","contentUrl":"https:\/\/igamingamerika.com\/wp-content\/uploads\/2025\/06\/output-68.jpg","width":640,"height":640,"caption":"Nevada Regulator Unanimously Approves $6.3 Billion Apollo Acquisition of IGT and Everi"},{"@type":"BreadcrumbList","@id":"https:\/\/igamingamerika.com\/index.php\/2025\/06\/17\/ngcb-approves-6-3-billion-apollo-acquisition-of-igt-and-everi\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/igamingamerika.com\/"},{"@type":"ListItem","position":2,"name":"Nevada Regulator Unanimously Approves $6.3 Billion Apollo Acquisition of IGT and Everi"}]},{"@type":"WebSite","@id":"http:\/\/igamingamerika.com\/#website","url":"http:\/\/igamingamerika.com\/","name":"iGaming Amerika \u2013 Top Casino, Sports Betting, and Lottery News in America","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"http:\/\/igamingamerika.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"http:\/\/igamingamerika.com\/#\/schema\/person\/5b794c2a5bfbb47e6c6415366067d4f5","name":"igamingamerika","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/4dc41677e154806d938d76e8ea691842d0b94270147a30b2bde60eb7cfd44cc9?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/4dc41677e154806d938d76e8ea691842d0b94270147a30b2bde60eb7cfd44cc9?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/4dc41677e154806d938d76e8ea691842d0b94270147a30b2bde60eb7cfd44cc9?s=96&d=mm&r=g","caption":"igamingamerika"},"sameAs":["http:\/\/igamingamerika.com"],"url":"https:\/\/igamingamerika.com\/index.php\/author\/igamingamerika\/"}]}},"_links":{"self":[{"href":"https:\/\/igamingamerika.com\/index.php\/wp-json\/wp\/v2\/posts\/19450","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/igamingamerika.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/igamingamerika.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/igamingamerika.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/igamingamerika.com\/index.php\/wp-json\/wp\/v2\/comments?post=19450"}],"version-history":[{"count":0,"href":"https:\/\/igamingamerika.com\/index.php\/wp-json\/wp\/v2\/posts\/19450\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/igamingamerika.com\/index.php\/wp-json\/wp\/v2\/media\/19451"}],"wp:attachment":[{"href":"https:\/\/igamingamerika.com\/index.php\/wp-json\/wp\/v2\/media?parent=19450"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/igamingamerika.com\/index.php\/wp-json\/wp\/v2\/categories?post=19450"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/igamingamerika.com\/index.php\/wp-json\/wp\/v2\/tags?post=19450"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}