What could gaming equipment megamerger mean for consumers? New games, analysts say

Gaming enthusiasts should expect to see some new games on casino floors in the future.

The recent $6.3 billion merger of casino equipment suppliers International Game Technology (IGT) and Everi Holdings — two of the gaming equipment sector’s largest providers — will benefit the consumer, according to gaming industry observers.

The consolidation allows the new company to step up its efforts to create new games while improving older products, said Barry Jonas, a gaming analyst with Truist Securities. The result could lead to increased gameplay by customers on the casino floor, which translates into improved gaming revenue for casino operators.

Todd Eilers, a partner in advisory and research firm Eilers & Krejcik Gaming, expects that investment giant Apollo Global Management, which funded the merger, will make hefty investments toward improving the new IGT.