International Game Technology PLC (IGT) announced that Nick Khin has been appointed as IGT President for Global Gaming.
In his new role, Khin will be responsible for managing IGT’s Global Gaming business unit, which encompasses studios, technology, sales, games and hardware, manufacturing and services, and systems. Khin will report directly to IGT CEO Vince Sadusky and will be based in Las Vegas.
“Nick is the obvious choice to lead IGT Global Gaming. Under his leadership, IGT is consistently releasing top games and strengthening its performance in every game category”, said Sadusky. “Nick’s knowledge, leadership and passion have earned him the respect of colleagues throughout our industry.”
Khin first joined IGT in 2013, where he led the company’s corporate strategy and mergers and acquisitions functions. Prior to IGT, Khin gained over 23 years of industry experience, including senior executive roles based in Las Vegas, London, and Sydney.
“I look forward to working closely with our talented team to deliver innovative products and solutions that drive growth and value for our customers and shareholders,” Khin said in the announcement.
IGT recently announced that total revenue for the second quarter of the year was close to $1.05 billion, a 1 percent decrease from last year.
These results came after the announcement of Apollo Funds’ acquisition of IGT’s Gaming and Digital business, along with Everi.