IGT Selects Nick Khin for President, Global Gaming Role

Amid the sale of IGT’s Gaming and Digital business, the company recently disclosed its second quarter results. The Q2 2024 report pointed to $1.05 billion in revenue for the latest trading period, a figure that marked a decrease of 1% year-over-year.

Now, the company announced a senior-level appointment as well. On Wednesday, IGT confirmed the promotion of Nick Khin to the role of president, Global Gaming. In this new elevated role, the exec will be in charge of managing IGT’s Global Gaming business unit.

He will oversee processes related to sales and technology. Moreover, as president, Global Gaming, Khin will be in charge of hardware, manufacturing, as well as systems and services, helping the expansion of the company’s unit.

Currently, Khin is based in Las Vegas. According to IGT, his latest appointment will not impact his residency. Not unexpectedly, Khin reports directly to the company’s CEO, Vince Sadusky.

Khin Is the Perfect Fit for the New Role

Before his appointment of president, Global Gaming, Khin held the role of chief operating officer and SVP of Gaming at IGT since 2015. Initially, he joined the company back in 2013. At the time, he provided guidance and advice for IGT’s expansion strategy and helped identify potential mergers and acquisitions.

Overall, Khin has more than two decades of experience within the gambling industry. He has a track record and has accumulated knowledge and experience while holding C-suite roles across the globe, including in gambling hubs such as Las Vegas, Sydney and London, among others.

“Nick is the obvious choice to lead IGT Global Gaming.“

Vince Sadusky, CEO at IGT

Sadusky commented on the topic revealing that Khin was the perfect fit for the role of president, Global Gaming. “Under his leadership, IGT is consistently releasing top games and strengthening its performance in every game category,” added IGT’s CEO. Finally, he spoke about Khin’s leadership, extensive knowledge and dedication that helped him earn the respect of colleagues within the gambling sector.

Last month, a newly formed holding subsidiary of Apollo Global Management called Apollo Funds, announced a historic deal that would see the acquisition of IGT’s Gaming and Digital business, as well as Everi Holdings. The landmark acquisition has a mind-blowing price tag of $6.3 billion.