2.0
22 June 2015
Anonymous employee
Former employee
Recommend
CEO approval
Business outlook
Pros
Market share and potential are there with an opportunity to take the industry to a new level of technology and stabilize market share.
Cons
New leadership has fewer clues about the casino industry than the prior one; the one that squandered billions in revenue, market cap and relationships. GTECH paid two to three times what IGT was actually worth, and is now trying to make up the difference through "synergistic cost cutting." In the process, they are losing the heart of the company, driving line employees to embrace unions, and continuing to shed market share.