IGT to Sell Las Vegas Complex

Slot manufacturer International Game Technology has revealed its plan to sell its corporate headquarters campus in Las Vegas as consolidation continues following its merger with GTECH.

Leading slot manufacturer International Game Technology revealed during a conference call last week that it plans to sell its current 610,000-square-foot corporate headquarter campus in Las Vegas.

Marco Sala, the company’s CEO, confirmed the restructuring of IGT following its acquisition by lottery giant GTECH, with the merged company, called International Game Technology, Ltd., headquartered in London. Most of the company’s operations will remain in the United States, including all manufacturing to be done at the company’s Reno plant.

That includes manufacturing formerly done at IGT’s Las Vegas campus, which includes 300,000 square feet of manufacturing space. In an email to the Las Vegas Review-Journal, IGT spokesman Phil O’Shaughnessy said the Las Vegas campus is simply too large for the merged company’s needs, although Las Vegas will remain a regional headquarters for IGT.

“We are exploring other locations in Las Vegas because the current campus is simply too large, so we would like to find an office building that better meets our business needs,” O’Shaughnessy told the Review-Journal.

IGT’s Las Vegas headquarters will join regional offices in Rome and Providence, Rhode Island in the merged company. Research and development will be maintained in Reno, with U.S. lottery operations in Rhode Island.

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