IGT CEO of Global Lottery Fabio Cairoli Suddenly Passes Away

IGT (International Game Technology), a leading supplier of slots and lottery games in the United States, has confirmed the sudden death of Fabio Cairoli, CEO of IGT's Global Lottery. The gaming business praised Cairoli as an outstanding executive with unmatched enthusiasm, drive, genuineness, commitment to outcomes, and creativity.

Before his role as the GEO of Global Lottery, Cairoli previously held the position of Chief Executive Officer for Italy. He was in charge of overseeing all business lines, marketing services, and sales for the regulated lottery operator. In 2012, he joined the firm's predecessor, Lottomatica Group S.p.A., as a Senior Vice President of Business.

Below is an official statement from IGT through Marco Sala, the Executive Chair:

"IGT announced today with great sadness that Fabio Cairoli, IGT CEO of Global Lottery, has suddenly passed away. Fabio was an outstanding executive. He was distinguished by his passion, drive, sincerity, and commitment to results and innovation. His leadership of the Global Lottery Sales and Operations, Italy Lottery Operations, Global Lottery Product and Sales Development, and Global Lottery Technology and Support functions was unparalleled.

"While these operations remain in very capable and experienced hands, we recognize that many in the lottery industry also held personal relationships with Fabio, and that he was a greatly respected friend within and beyond the industry. At this time, IGT extends its deepest condolences to Fabio Cairoli's family, as we dedicate our efforts to supporting their needs during this difficult time."