International Game Technology (IGT), a leading provider of gaming entertainment, content and solutions, powering iGaming, betting and lottery operators across the globe, announced a new strategic senior-level appointment.
The company confirmed it selected Nick Khin for the role of IGT President, Global Gaming.
The executive with solid experience, knowledge and leadership skills, initially joined the company back in 2013.
At the start of his journey at IGT, he was in charge of the company's corporate strategy.
Besides leading IGT's corporate strategy, he played a key role in mergers and acquisitions.
In 2015, Khin was promoted to the role of IGT Chief Operating Officer and Senior Vice President, Gaming.
He held the aforementioned role until his most recent appointment as IGT President, Global Gaming.
In his new role, Khin will be in charge of the IGT Global Gaming business unit.
His responsibilities will include the management of the business unit, including strategic aspects.
As a result, Khin will lead Global Gaming's technology, games, studios, hardware, as well as systems and services.
Holding the role of IGT President, Global Gaming, the executive reports to the company's CEO, Vince Sadusky.
Khin will continue to operate out of Las Vegas, Nevada.
Vince Sadusky, IGT's CEO, commented on the topic in a statement.
"Nick is the obvious choice to lead IGT Global Gaming," he explained.
Additionally, Sadusky pointed out: "Under his leadership, IGT is consistently releasing top games and strengthening its performance in every game category."
In conclusion, IGT's CEO explained: "Nick's knowledge, leadership and passion have earned him the respect of colleagues throughout our industry."
Late last month, Apollo Funds confirmed its $6.3bn bid for IGT and Everi’s combined assets.
The strategic acquisition proposal followed other similar moves within the sector.
Under the multi-billion-dollar acquisition, Apollo seeks to acquire IGT's Gaming & Digital business, along with the recognizable solutions provider, Everi.
Upon approval from the relevant regulatory bodies and completion of the deal, the two companies will operate privately under Apollo.
Earlier this year, IGT's Tiger and Dragon game was recognized on Eilers & Krejcik's May 2024 US & Canada Game Performance Report.
The multi-level progressive game secured a top sport within the report's Top Indexing NEW Games – Premium Leased & WAP category.
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